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Senior Cost Controls Specialist
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Senior Cost Controls Specialist
1 month ago
London, Greater London, United Kingdom McDermott International Full timeJob Overview:The Senior Cost Controls Specialist plays a pivotal role in enhancing the costing discipline at McDermott International. As a subject matter expert, they leverage their in-depth knowledge to drive process improvements and share their expertise with colleagues. This role involves tackling complex problems and utilizing discipline-specific...
Cost Control Specialist
2 months ago
In partnership with Houses of Parliament, this role will be responsible for monitoring and controlling costs and contracts for the engineering minor works team and small projects, ensuring a high-quality service provision in line with client expectations, Key Performance Indicators (KPIs), and Service Level Agreements (SLAs).
Main Responsibilities:- Pre and post-measuring small works in accordance with PSA Schedule of Rates
- Ensuring maximum revenue by guiding efficiencies within the delivery team
- Assisting senior managers with the budgeting of construction projects
- Controlling costs during the works
- Selecting and managing specialist contractors
- Contributing to the mitigation of disputes using accurate records
- Recording, controlling, and reporting income and expenditure on a project or small works
- Valuing progress on construction projects
- Ensuring forecasts are accurate and updated regularly
- Assisting senior managers with legal and contractual issues on small works
- Leading People – Takes responsibility for their team and naturally takes the lead. Provides others with clear and achievable direction. Deals with people and situations confidently, assertively, and fairly.
- Developing People – Takes ownership of personal development and encourages and helps others to develop themselves. Listens to and empathizes with others to understand their individual needs.
- Persuading and Influencing – Persuades, influences, and listens to others, using reason and cooperation to reach agreement. Reaches successful outcomes by adapting one's communication technique to individuals or audiences.
- Planning and Delivering – Delivers brilliantly on promises. Plans and supervises activities and resources to maximize performance.
- Commercial Acumen – Identifies and seeks new business opportunities for the organization. Handles commercial risk and negotiations with confidence. Aware and considerate of how role impacts the entire business.
- Acts with Integrity – Acts with integrity at all times, follows rules laid down for their work, and delivers on promises. Always puts safety first.
- NEC3 Experience (Option A, Option C, and TSC)
- PSA Schedule Experience and BCIS Knowledge
- Technical knowledge of Electrical and Mechanical works and installation to assist with pre and post-measures
- Developed and maintained collaborative relationships with multiple clients
- Driven and embedded an outstanding customer service culture
- Identified and implemented opportunities to deliver contract growth in financial gains and efficiencies
- Driven an innovative approach to efficiency measures/improvements
- Good understanding of financial management, including WIP, debt, gross margin, cost, profit, and loss
- Good understanding of statutory compliance and regulations
- Understanding of CDM regulations
- Understanding of how to implement commercial contracts
- Good understanding of how to manage and prioritize based on risk and client-defined schedules
- Good understanding of relevant market and industry and the ability to 'add value' to our clients' business
- Good understanding of health and safety relevant to the role
- IT literate
- QS Diploma
- Supervisory/Management qualification