Head of Cost Management

1 month ago

London, Greater London, United Kingdom Mace Full time
About the Role

Mace is seeking a highly skilled and experienced Cost Management professional to join our team as a Head of Cost Management. This is an exciting opportunity to lead our cost management function and play a key role in delivering our business objectives.

Key Responsibilities
  • Develop and implement cost management policies, processes, and procedures to ensure accurate and timely cost reporting.
  • Lead the development of cost breakdown structures and apply Earned Value Management (EVM) techniques to analyse trends and identify baseline deviations.
  • Collaborate with the commercial team to define cost management policies and procedures.
  • Provide cost management expertise to programme teams to ensure effective cost control and management.
  • Develop and maintain relationships with key stakeholders, including clients, contractors, and consultants.
  • Lead the development of cost management processes and procedures and integrate them with the programme delivery management system.
  • Coordinate the linkage between the programme, estimate, financial, and cost management systems.
  • 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.
  • Liaise with stakeholders throughout the project lifecycle to ensure adherence to cost management processes.
  • Oversee the reporting of EVM and EAC variances and provide detailed interpretation and analysis.
Requirements
  • Strong numerical and cost reporting skills.
  • Ability to use IT systems, including PRISM, Microsoft Word, and Excel.
  • Understanding of contract types and how to compile contract documentation.
  • Very strong understanding of techniques for project planning, risk management, cost control, and change management.
  • Good knowledge of Primavera P6.
  • Expert knowledge of EVA techniques.
  • Strong written and verbal communication skills.
  • Highly accurate with good attention to detail.
  • Ability 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 team.
  • Experience of managing multiple stakeholder groups.
What We Offer

Mace is an inclusive employer and welcomes interest from a diverse range of candidates. We offer a competitive salary and benefits package, as well as opportunities for professional development and growth.

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

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