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Cost Management Specialist

2 months ago

Antrim, United Kingdom Brook Street UK Full time
Position Overview

Brook Street Recruitment is collaborating with a client in Belfast to find a skilled Cost Management Specialist to enhance their growing team.
The newly appointed Cost Management Specialist will play a crucial role in the effective execution of a bespoke £100M Target Cost gas construction and maintenance agreement.
This role is integral to the overall Commercial Team, contributing to a well-established and long-term collaborative Contract.
Your responsibilities will encompass a variety of cost and value tasks to ensure the successful management of commercial and financial activities, including: payroll; sub-contract payments; procurement; budget formulation and oversight; cost and value administration and reporting; commercial risk assessment; change management; cash flow analysis; forecasting; and final accounting.

Key Responsibilities
  • Daily, weekly, and monthly responsibilities as a Cost Management Specialist, including:
  • Documenting, verifying, and generating reports on cost and value utilizing Causeway Project Accounting (CPA)
  • Calculating productivity bonus payments
  • Accurately predicting, tracking, and reporting project costs and values
  • Preparing monthly and final payment applications
  • Evaluating and processing sub-contract payment applications
  • Analyzing cost reports and interpreting financial data to reconcile cost and value
  • Generating weekly, monthly, and ad-hoc commercial reports, including monthly CVRs
  • Creating cost estimates
  • Fostering a supportive environment for your team and ensuring an inclusive workplace that values diverse thoughts, backgrounds, and experiences.

This role is not exhaustive. Occasionally, you may be required to undertake additional tasks as directed by the company, which will be within your capabilities, with necessary training and full support provided.
Essential Qualifications

  • Experience as a Cost Management Specialist or Accounts Manager, preferably in Utility Works
  • Proficient IT skills, particularly with the M365 suite of applications, especially Excel
  • Strong communication skills with client-facing capabilities
  • Collaborative approach as a manager and key member of the contract management team
  • Valid UK driving licence

Desirable Qualifications

  • Experience in managing high volume, low value work orders, ideally in Utility Works
  • Familiarity with Causeway and Oracle accounting systems
  • Experience with PowerBI applications
  • Third-level qualification in Accountancy or Quantity Surveying
  • Working towards or having attained Professional membership

Salary: Competitive, based on experience, ranging from £35-50K.