Head of Cost Control

3 days ago

London, Greater London, United Kingdom Mace Full time

At Mace, our purpose is to redefine the boundaries of ambition. We believe in creating places that are responsible, bringing transformative impact to our people, communities, and societies across the globe. To learn more about our purpose, culture, and priorities, visit our strategy site.

Within our consult business, we harness our unique combination of leading-edge practical expertise and project delivery consultancy to unlock the potential in every project.

Role: As the Head of Cost Management you'll define appropriate cost management policies, processes, standards, and systems for the programme, in coordination with the commercial team. At a programme level to define the cost breakdown structures and apply EV techniques to analyse trends, identify baseline deviations and facilitate corrective actions informing adequately the senior management team. Integrating all above with change control, risk management & the effects of upstream & downstream contractual changes to determine dynamic estimate at completion for individual projects and overall programme.

Our values shape the way we consult and define the people we want to join us on our journey, they are:

Safety first - Going home safe and well.

You will be a leading advocate of Mace's value of Safety First, and be accountable for leading and maintaining exceptional safety, quality, cost, programme, sustainability, and project compliance standards.You will champion a diverse and inclusive working environment and understand the importance of the wellbeing of the people you manage.

Client focus - Deliver on our promise.

You will lead the delivery of key assignments and defined business areas, providing strategic direction and monitoring delivery aligned with overall vision and objectives. You will be responsible for best-in-class service delivery and effective engagement with wider industry and professional bodies to promote Mace.You will be a recognised expert in PMO and Project Controls, with a strong internal and external network (e.g. clients, contractors, consultancies, and other stakeholders).Working with the client and other stakeholder groups to define and develop the CBS and Control Accounts and coding structures.Working with the digital team to facilitate the implementation of the cost management system.Lead the Development of cost management processes & procedures and its integration in with the Programme Delivery Management SystemCoordinate the linkage between the programme, the estimate, the financial and the cost management systems.Coordinate with the Earned Value team to define rules of credit and agree value weights on programme activities or deliverables & link to the cost management system.Update the Performance Measurement Baseline (taking into consideration the change control process)Conduct cost checks, analyse trends, identify risks, and communicate to the senior management team.Liaising with the different stakeholders throughout the project lifecycle to ensure adherence to the cost management processes.Oversee the reporting of EVM & EAC variances and provide detailed interpretation and analysis.Support with the preparation of strategic presentation material as required for the monthly Performance Measurement Updates.

Integrity - Always do the right thing.

You will lead and direct Project teams in the administration of the PMO and Project Controls process, particularly with respect to the cost, schedule, change, risk, and reporting. You will directly influence long term development of strategy for a function or Business Unit (BU), creating a sustainable business future. You will commit to making a positive impact for our people, our clients, and our planet, and take ownership for holding others to account who do not uphold the Mace values.

Create opportunity - For our people to excel.

You will mentor, coach, and develop your project team and provide an environment to share knowledge and experience. You will actively network, innovate, and seek understanding of best practice, utilising the full depth of knowledge of Mace Group, the Centres of Excellence, Mace Way Control Centre, and Knowledge Hub. You will use your network to identify talent, lead recruitment, and manage the development, retention, and mobility of people, and support our people to achieve their highest potential.

You'll need to have:

Strong numerical and cost reporting skillsAbility to use IT systems including PRISM, Microsoft Word, and ExcelUnderstanding of contract types and how to compile contract documentation.Very strong understanding of techniques for project planning, risk management, cost control & change management.Good knowledge of Primavera P6Expert knowledge of EVA techniquesStrong written and verbal communication skillsHighly accurate with good attention to detailAbility to build and maintain effective working relationships with the team and external stakeholders. Ability to manage time effectively to meet key deadlines.Ability to analyse problems and propose effective solutions.Able to work collaboratively.Able to lead a team.Previous experience in Cost management using cost reporting systems.Previous experience in construction and deep understanding of other functions within Controls.Demonstrable experience of leading a successful teamExperience of managing multiple stakeholder groups

You'll also have:

Membership of RICS, CIOB, APM, ICE or equivalent demonstrable professional or personal development. Extensive experience in the successful delivery phase of projects and programmes in the xxx sector. Deep property or infrastructure project management expertise. Strong commercial and financial acumen. Leadership and management experience of large, diverse teams. Experience of managing relationships with key senior stakeholders. Knowledge of how carbon and sustainability considerations will shape the outlook of the projects you are working on.Understanding of Aconex Cost System Strong knowledge on NEC contracts mechanismUnderstanding of risk modelling principlesAbility to negotiate effectively with key stakeholders.Ability to identify cause & effect of commercial decision making – bigger picture.Ability to negotiate effectively with key stakeholders.Ability to identify cause & effect of commercial decision making – bigger picture.

Mace is an inclusive employer and welcomes interest from a diverse range of candidates. Even if you feel you do not fulfil all of the criteria, please apply as you may still be the best candidate for this role or another role within our organisation.

We are also open to discussing part-time, flexible, and hybrid working options if suitable within the role.

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