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Head of Programme Costings

4 months ago

Abingdon, United Kingdom UK Atomic Energy Authority Full time
Head of Programme Costings

If you want to know about the requirements for this role, read on for all the relevant information.

Abingdon Rd, Culham, UK
Full-time
Salary: £63,575 + excellent benefits including outstanding pension
Division: UKIFS - Programme Management
Site Location: UKAEA Culham, Oxfordshire
Confirmed Grade: Level 6*
Department: UKIFS - Programme Management

Company Description

The UK Government has established UK Industrial Fusion Solutions (UKIFS) Ltd., a subsidiary of UK Atomic Energy Authority (UKAEA), to lead the charge in delivering fusion energy through design and delivery of the Spherical Tokamak for Energy Production (STEP) protype fusion plant. UKIFS is establishing itself, setting up the company, attracting talent, engaging with the industry, developing a supply chain, and planning and constructing the STEP prototype.

Fusion energy, crucial for combating climate change and ensuring energy independence, is expected to be commercially viable by mid-century. The UK, led by UKIFS, aims for a prototype fusion plant, targeting first operations around 2040. UK Industrial Fusion Solutions Ltd. will lead delivery, collaborating with industrial partners and building a fusion supply chain with an estimated global sector value of £7tn per year. Join UKIFS and the STEP programme to be involved in this groundbreaking journey.

For more information, visit our website.

Job Description

As an employee of UKAEA you will benefit from:

- Outstanding defined benefit pension scheme, details of which can be found at the end of this advert.
- Corporate bonus scheme up to 7% and a Relocation allowance (if eligible).
- Flexible working options including family friendly policies.
- Employee Assistance Programme and trained Mental Health First Aiders.
- Generous annual leave allowance starting with 25 days, plus 3 days Christmas closure and 2.5 privilege days, in addition to UK bank holidays.
- Wide range of career development opportunities .
- A vibrant culture committed to equality and being fully inclusive .

This role requires employees to complete an online Baseline Personnel Security Standard (BPSS), including The Disclosure & Barring Service (DBS) checks for criminal convictions.

The Role

Are you looking for an exciting opportunity to make a difference? Join our team and contribute to the future of fusion energy. As Head of Programme Costing , you will play a pivotal role to oversee all aspects of programme and project costing for UKIFS's major fusion initiative. In this crucial role, you will manage cost estimation, budgeting, and project and programme cost tracking, working closely with various teams to enhance cost consciousness, cost estimation and wider financial practices and inform senior management. Your contributions will be vital to instilling cost awareness, understanding and gaining support for longer-term costs and achieving cost and wider financial targets, influencing key program decisions with cost insights. Reporting to the Head of Programme and Project Controls, and with technical ties to the Director Engineering Programme and the Finance Director, you will also be a key figure in the senior leadership team. If you're driven to shape our programme's future and meet its financial goals, join us and make a significant impact.

Additional Responsibilities:

Leadership and Engagement:

- Lead and guide team members and stakeholders in alignment with organisational values and objectives.
- Manage a growing team of cost professionals, providing training and support for their professional development.
- Act as an ambassador for the organisation, fostering a collaborative and supportive culture.

Strategic Advice and Support:

- Offer strategic advice to senior management on achieving cost targets and improving cost efficiency.
- Support various departments in cost analysis and optimisation efforts.
- Develop strategic costing plans and scenarios to guide decision-making processes.

Organisational Effectiveness:

- Conduct detailed technical cost estimation across the program and its constituent projects.
- Establish processes for regular cost baseline review and integration with financial planning.
- Collaborate with procurement teams to ensure cost-effective supplier relationships.

Project Delivery:

- Collaborate with stakeholders to develop comprehensive project cost estimates.
- Maintain project budgets, monitor spending, and identify variances for corrective action.
- Mitigate financial risks and present cost reports to senior management regularly.

Qualifications

Essential Requirements:

- Demonstrated leadership and team management skills, with a proven ability to inspire teams and build stakeholder confidence.
- Strong communication skills, adept in both written and verbal exchanges.
- Independent worker with the capability to effectively collaborate in a team setting; equipped with substantial program costing experience and professional qualifications.
- Solid financial acumen with expertise in budgeting, cost control, and advanced cost management methodologies.
- Committed to ethical business practices, with a high level of integrity and excellent problem-solving abilities.

Desirable Requirement:

- Experience working in both public and private sectors.
- Understanding of government and/or business financial planning, including spending reviews, Treasury Business Cases and Resource Account Budgeting.
- Experience working across major projects and programmes that have a collaborative multi-organisational character.
- Proficiency in financial software and tools (e.g., ERP systems, Excel, cost management software).

Additional Information

For a full list of benefits and to apply, select the apply button to be taken through to the UKAEA careers pages.

We welcome applications from under-represented groups, particularly individuals from black and other ethnic minority backgrounds, people with disabilities, and women. Our Executive team, supported by our 'Equality, Diversity and Inclusion' (EDI) Partner and Inclusion Ambassadors, actively promotes EDI and takes steps to increase diversity within our organization. We reinforce best practices in recruitment and selection and evaluate approaches to remove barriers to success.

Please note that vacancies are generally advertised for 4 weeks but may close earlier if we receive a large number of applications.

For applicants applying from outside the United Kingdom or those who have spent time outside the UK in the last five years, please visit the UK Government website for information on criminal records checks. If your country of residence or previous residence is not listed on the website or if the UK Government does not have information on obtaining a criminal records check from that state, we regret to inform you that we cannot process your application.
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