Cost Management Specialist

Note for Recruitment Agencies:
We prefer to engage directly with candidates and will reach out to our Preferred Supplier List (PSL) Agencies if this position is eligible for release.

We do not accept unsolicited CVs from agencies. If unsolicited CVs are submitted, no fee will be applicable – please direct all inquiries to the relevant Resourcing Partner.

Cost Management Specialist – Environmental Sector

Location: Rickmansworth

Role Overview:

An exciting opportunity has emerged for a Cost Management Specialist to join the team at Galliford Try.

Ideally, candidates will be located in or near the Rickmansworth area and will have the chance to travel across various sites/projects within the region.

• Implement necessary governance and generate Subcontract documentation, including the negotiation of terms, conditions, pricing, and schedules.
• Oversee subcontract work packages, including interim evaluations of amounts due and subsequent change management.
• Create and issue all commercial notifications to both Clients and Subcontractors as dictated by the contract.
• Manage changes promptly in accordance with the contract, including the preparation and submission of Compensation Event Quotations.
• Prepare, submit, and agree on monthly applications to the Client, in line with the contract.
• Collaborate with operational and engineering teams to ensure site records meet required standards.
• Work alongside construction teams to identify and manage budget variances, reporting this information as necessary.
• Generate detailed monthly reports and Cost Value Reconciliations (CVR) as required by the business unit or project.
• Negotiate final accounts to achieve optimal outcomes.
• Assist in reaching business objectives, including cash flow, profit, return on capital, and sales.
• Maintain and nurture customer/stakeholder relationships for repeat business opportunities and tenders.
• Develop and manage a comprehensive 'Cost Plan', tracking and forecasting expenditures, including detailed schedules of Subcontractor liabilities and utilizing Oracle-based cost analyses.
• Identify and manage risks and opportunities to enhance margin positions.
• Analyze and critically assess expenditure reports generated by internal cost systems.
• Attend progress and risk mitigation meetings with clients and subcontractors.
• Foster a positive working relationship with senior leadership, peers, and teams to discuss, develop, and implement initiatives and change management protocols.
• Uphold the principles of 'Doing the right thing' to maximize value and profit.
• Manage commercial performance against business targets and Framework KPIs.

Candidate Profile:

• Strong understanding of standard forms of contract.
• Proficient IT skills, including Excel, Word, and Contractual and Cost Management Systems (CEMAR, Asite, Orbit).
• Excellent stakeholder management and communication skills.
• Solid knowledge of construction processes.
• Exceptional time and outcome management abilities.
• Proven track record in negotiation and final account settlements.
• Professional qualifications such as MCIOB or MRICS, ideally Incorporated member, working towards full membership (Desirable).
• Experience in Civil Engineering Environment (Highways/Rail/Water/Aviation).
• Exposure to large single or multiple smaller schemes.
• CSCS certification as appropriate.

What We Offer:
With a robust order book exceeding £ billion, we are among the industry's leading principal contractors, providing you with the opportunity to work on some of the UK's most exciting projects. This role offers stability as well as the chance to develop your skills and achieve long-held career aspirations. You will be part of diverse teams operating at a high professional level with exceptional commitment. With an ambitious strategy, we are poised for further growth and success, making Galliford Try the right place for committed, talented, and enthusiastic individuals.

We prioritize the physical and mental wellbeing of all our employees through our 'Be Well' program, which offers discounts on select products and advice for various issues.

We invest in high-quality training for employees at all levels, from leadership development frameworks to apprenticeship programs. Through our Career Paths initiative, individuals receive tailored training and support to reach their potential.

Our industry thrives on creating talented teams that excel in their areas of expertise. As an employer, we recognize that you are most motivated to perform your best when you feel valued and engaged.

Our Agile Working program empowers you with flexibility in when, where, and how you work. Where applicable, site and office-based employees can benefit from a variety of working practices, offering different levels of structure, regularity, and flexibility to meet your needs and those of your wider team.

Our Benefits:

We prioritize our people, and our benefits package reflects this commitment by offering a comprehensive range of attractive options to support your career, in addition to a competitive salary.

• Generous holiday entitlement, increasing with years of service, plus the option to purchase additional holidays.
• A wide array of corporate discounts.
• Cycle to Work schemes.
• Comprehensive pension plan.
• Regular Save as You Earn share purchase scheme.
• Options for private medical schemes available for all salaried employees, along with an employee assistance program providing free support for those in need.
• Paid yearly membership to one recognized professional association relevant to your role.

About Us:
Recognized as Contractor of the Year by the Water Industry Awards, Galliford Try is one of the UK's leading construction firms with a vision to continuously be a people-oriented, progressive business. We are driven by our values to deliver lasting change for our stakeholders and the communities we serve.

Our mission is to enhance people's lives by constructing the facilities and infrastructure that communities require, providing opportunities for our employees to learn, grow, and advance, and collaborating with our supply chain to promote the best working practices while caring for the environment.

We achieve this by adhering to our values, delivering excellence for our clients and the community, being passionate about our role in providing essential services, placing integrity at the core of our business by doing the right thing, and collaborating with our clients, supply chain, and stakeholders to create lasting change and long-term value.

For further information regarding this role or to inquire about other positions available within our Environmental Sector, please reach out to our recruitment team.

Additional Information:

Galliford Try welcomes applications from candidates seeking flexible working arrangements, which will be discussed in detail during the recruitment process.

We encourage you to inform us of any requirements we can reasonably fulfill to ensure a positive application experience for you.

Not meeting every requirement of the role? Research indicates that some individuals are less likely to apply for positions unless they meet all qualifications. At Galliford Try, we are dedicated to fostering a diverse, inclusive, and authentic workplace. If you are excited about this role but your previous experience does not align perfectly with every requirement, we encourage you to apply anyway. You may be the ideal candidate for this or other roles.

A comprehensive job description for this role is available upon request.

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