Senior Cost Manager

4 weeks ago


Aberdeen, Aberdeen City, United Kingdom Wood Full time

Job Summary:

The Senior Cost Engineer will be responsible for the preparation and reporting of project cost budgets, and the tracking, management, and reporting of project expenditure to enable robust control of projects throughout their lifecycle.

This role will involve the development of project budgets, the tracking of actual and forecasted costs, and the generation of cost reports, ensuring they are prepared to the required level of detail and accuracy and accordance with contractual requirements and Wood policies, procedures, and standards.

The successful candidate will support the management and development of the Cost team, the management of project budgets, actual and forecast costs, and the preparation and filing of project cost documentation.

This role may act as the focal point for several project scopes and will be responsible for identifying areas of best practice and driving continuous improvement within the Cost team.

Key Responsibilities:

  • Develop project cost budgets and change estimates
  • Prepare cost reports
  • Manage project budgets and actual and forecasted costs
  • Support the management and development of the Cost team
  • Identify areas of best practice and drive continuous improvement

Requirements:

  • Typically requires ISCED level 6 (Bachelors) Degree in a relevant technical or business discipline (or equivalent gained through relevant vocational training and/or industry experience)
  • Relevant cost experience
  • Excellent knowledge of cost software and related principles, tools, and techniques including budgeting, forecasting, and cash-flow
  • Excellent knowledge of Project Execution Procedures for Cost Management including Change Management
  • Excellent understanding of WBS & CBS structures and project reporting capabilities
  • Strong understanding of change management and associated cost and schedule processes
  • Strong understanding of earned value application, cost and schedule variance analyses/trending and what-if scenarios
  • Excellent understanding of project management principles and techniques
  • Strong understanding of Cost Management, Change Control, Planning & Risk Analysis & Management

Personal Attributes:

  • Demonstrates commitment to Wood Values, Visions & Behaviours
  • Applies analytical and statistical evaluation
  • Ability to work independently and as part of a team
  • Demonstrates effective organization & planning skills
  • Ability to handle multiple tasks and changing priorities in a fast-paced environment
  • Strong communication skills both written and oral
  • Uses initiative, experience, and a proactive approach to problem-solving
  • Ability to guide, mentor & lead others
  • Commitment to continuous improvement

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