Senior Cost Consultant
6 days ago
At Mace, we are committed to delivering exceptional results through our consult business. As a Senior Cost Consultant, you will play a key role in harnessing our unique combination of leading-edge practical expertise and project delivery consultancy to unlock the potential of every project.
The Project:
Our pharmaceutical and technology business unit is seeking a Senior Cost Consultant to support the delivery of cost management services. This is a new role that will involve managing cost planning, procurement, and project control functions.
Key Responsibilities:
- Manage cost planning, including ownership of and presenting cost plans to clients and internal stakeholders.
- Manage the procurement process, ensuring stages including prequalification, enquiry, analysis, selection, and contract preparation are performed effectively.
- Support the delivery of cost management services to deliver key strategic outcomes and KPIs, directly influencing strategic development of plans.
- Undertake and deliver project quantity surveying and cost management services to a high standard in support of contract administration, cost reporting, cash flow forecasting, purchase order management.
- Implement an integrated cost management strategy for the project, leveraging contractor reporting and considering project contracting strategies and team structure.
- Implement the standard work breakdown structure (WBS) principles from the early inception of the project.
- Be responsible for resolution of escalated issues with the contractor's.
- Management and assistance with framework contract inc. agreement of annual inflation uplifts, advising on contract strategy, tender preparation, and analysis.
- Lead and support the team in the development of the project control plan for projects.
- Prepare accurate cost reports and forecasts per project requirements on a monthly basis, reviewing inputs from the contractor/supplier base.
- Review cost reports with the project manager and at management levels.
- Develop and maintain reports including cost analysis and forecasts, cash flows, cost variance performance reporting, contingency, and management reserve rundown trends.
- Perform project commercial and financial control functions including contract administration, invoice review, purchase requisition support, asset registration, and ensuring project compliance with company policy.
- Develop and maintain project reports including cost financial analysis and forecasts, cash flows, contingency/management reserve rundown/trends, plus project risk assessments impacting schedule and cost.
- Implement change control processes and management tools from the early estimates.
- Provide proactive communications to ensure project team leadership is appraised of the cost status on projects.
- Assist in the development and delivery of training the engineering network in good practices related to project control.
- Identify and implement continuous improvement activities for the project cost control function and in support of the planning and scheduling function.
- Ensure that all cost/schedule control and commercial activities comply with corporate capital governance requirements and internal guidelines.
Requirements:
- Degree in quantity surveying/cost management (or equivalent).
- Professional membership i.e. MRICS/RICS (or equivalent) and moving towards fellowship, or equivalent demonstrable professional or personal development.
- Commercial and financial acumen.
- Knowledge of value engineering, life cycle costing, contract law, and contractual frameworks relating to construction.
- Experience of managing parts of projects within large, diverse teams.
- Experience of managing relationships with key senior stakeholders.
- Knowledge of how carbon and sustainability considerations will shape the outlook of the projects you are working on.
Mace is an inclusive employer and welcomes interest from a diverse range of candidates. Even if you feel you do not fulfil all of the criteria, please apply as you may still be the best candidate for this role or another role within our organisation.
We are also open to discussing part-time, flexible, and hybrid working options if suitable within the role.
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