Cost Management Consultant
3 weeks ago
At Mace, we are committed to reshaping the limits of ambition. Our mission is to create responsible environments that have a transformative effect on our people, communities, and societies worldwide. To discover more about our mission, culture, and priorities, please visit our website.
Within our consultancy division, we leverage our unique blend of cutting-edge practical knowledge and project delivery expertise to unlock the potential of every initiative.
Project Overview:
Our Mace Consultancy Pharmaceutical and Life Sciences Sector aims to make a significant impact in the industry. Since its inception in 2013, the team has expanded in size and scope, with professionals located in various regions, including the UK, Europe, and America, and a broader reach across the globe.
We offer comprehensive consultancy services for some of the most notable and innovative life science projects, including manufacturing facilities for leading market players. We utilize the latest innovations, regional expertise, and global best practices to continuously enhance and advance infrastructure delivery, advising on critical public services and projects of cultural significance; driving growth and delivering some of the world's most technically complex and inspiring programs.
Our core values guide our consulting approach and define the type of individuals we seek to join us on our journey:
Safety First - Prioritizing Wellbeing:
You will champion Mace's commitment to safety, ensuring adherence to exceptional standards of safety, quality, cost, program, sustainability, and project compliance. You will have technical knowledge of local health and safety regulations pertinent to the project portfolio. You will promote a diverse and inclusive workplace and recognize the importance of the wellbeing of those you manage.Client-Centric Approach - Fulfilling Our Commitments:
You will assist in cost planning, taking ownership of and presenting cost plans to clients and internal stakeholders. You will facilitate the procurement process, ensuring effective execution of stages including prequalification, inquiry, analysis, selection, and contract preparation. You will deliver cost management services that achieve key strategic outcomes and KPIs, directly influencing the strategic development of plans. You will provide project quantity surveying and cost management services to a high standard, supporting contract administration, cost reporting, cash flow forecasting, and purchase order management. You will implement an integrated cost management strategy for the project, utilizing contractor reporting and considering project contracting strategies and team structure. You will apply standard work breakdown structure (WBS) principles from the early stages of the project. You will be responsible for resolving escalated issues with contractors. You will manage framework contracts, including annual inflation adjustments, advising on contract strategy, tender preparation, and analysis. You will lead and support the team in developing the project control plan for various initiatives. You will prepare precise cost reports and forecasts according to project requirements on a monthly basis, reviewing inputs from contractors and suppliers. You will review cost reports with project managers and at management levels. You will develop and maintain reports that include cost analysis and forecasts, cash flows, cost variance performance reporting, and trends in contingency and management reserves. You will perform project commercial and financial control functions, including contract administration, invoice review, purchase requisition support, asset registration, and ensuring project compliance with company policies. You will develop and maintain project reports that encompass cost financial analysis and forecasts, cash flows, trends in contingency/management reserves, and project risk assessments affecting schedule and cost.Integrity - Upholding Ethical Standards:
You will support management operations that are financially and ethically sound, influencing the achievement of business objectives that align with compliance obligations. You will collaborate towards the common goal of achieving net-zero carbon transition and share responsibility for proactively identifying and managing associated carbon emissions and reductions during project delivery. You will commit to making a positive impact for our people, clients, and the planet, holding others accountable for upholding Mace's values.Creating Opportunities - Empowering Excellence:
You will lead teams, demonstrating effective leadership to ensure excellence in delivery against plans, fostering a culture of continuous improvement throughout all activities. You will actively network, innovate, and seek to understand best practices, utilizing the full depth of knowledge within Mace group, the centers of excellence, and the knowledge hub. You will mentor assistant cost consultants and junior team members to identify and implement opportunities that enhance cost management procedures, templates, and services provided to stakeholders.Required Qualifications:
Previous experience in a cost consultancy practice in a similar capacity. Essential experience with NEC forms of contract. Expertise in cost planning, budgeting, and estimating. Solid knowledge and capability to advise on contract administration. Familiarity with value engineering and life cycle costing. Strong understanding of industry best practices. Experience in Capex vs. Opex cost analysis and advice.Mace is an inclusive employer and welcomes applications from a diverse range of candidates. Even if you feel you do not meet all the criteria, we encourage you to apply as you may still be the ideal candidate for this role or another within our organization.
We are also open to discussing part-time, flexible, and hybrid working arrangements if suitable for the role.
#LI-Hybrid
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