Cost Modeller

Role: Cost Modeller REF 65203
Contract Length: 126 working days
Location: Hybrid/Corsham - Ideally 2 days a week in office, may be able to drop to 1.
Pay Rate to Intermediary: £561 per day
Security Clearance: SC

Spinwell is recruiting for a Cost Modeller for an excellent opportunity within the public sector.

**RESPONSIBILITIES OF THE COST MODELLER**
- Providing Subject Matter Expertise (SME) financial support to the in-year and future years (planning) financial submissions for projects within the digital team, which shall include:

- undertaking deep dive financial analysis across all areas of the teams projects to verify and validate costs, their basis of estimates and their alignment to schedules;
- the identification of project risks and the generation of basis of estimates to support the costing of client risk via Active Risk Manager (ARM);
- the identification of dependencies and the generation of the basis of estimates to support any dependency costs; and
- supporting cross functional reviews (both within the team and across Defence Digital) of financial artefacts and submissions.
- Providing support in identifying and articulating project benefits.
- Providing SME financial support to the production of any financial artefacts required for any of the teams business case or commitment case submissions, which shall include:

- the creation of cost models which shall be based on quantified three-point estimates at appropriate Data Readiness Levels (DRLs);
- the identification of Government Furnished Equipment from system requirements and the costing of any associated client dependencies and assumptions;
- the identification of client risks and the generation of the basis of estimates to support the costing of client risks through ARM;
- reviewing project schedules for cost implications and any Schedule Risk Analysis (SRA) outputs;
- drafting of financial assurance statements to support any submissions; and
- generating robust Cost Data Assumptions Lists (CDALs), ensuring any CDAL is underpinned by an auditable evidence trail.
- To use the appropriate accounting treatments (escalation, VAT, foreign exchange etc.) within any financial submission which shall be endorsed by the appropriate client department.
- Providing the appropriate breakdown of forecast costs and associated briefing material in line with Joint Service Publications (JSPs) when required.
- Providing support to the independent assurance process which shall include:

- the provision and justification of Verification and Validation (V&V) evidence;
- the completion of Optimism Bias forms and the provision of supporting evidence; and
- the provision of Cost Assurance and Analysis Service (CAAS) Assurance Team financial artefacts.
- Providing support in stakeholder management engagements, which shall include:

- supporting engagements with the assurance and scrutiny communities, for example CAAS, Defence Economics and scrutiny stakeholders etc; and
- supporting management reviews relating to cost.

**SKILLS/EXPERIENCE OF THE COST MODELLER**
- SC Clearance.
- Advanced Excel Skills.
- Ability to take a range of complex information, analyse it and make clear recommendations.
- Experience creating and maintaining cost models.
- Full/part qualified accountant (Consultative Committee of Accountancy Bodies (CCAB) or CIMA) or relevant experience would also be considered.

**Job Types**: Full-time, Temporary contract