Cost Modeller

22 hours ago

Corsham, United Kingdom Public Sector Resourcing Full time

On behalf of the MOD, we are looking for a Cost Modeller (Inside IR35) for a 6 months contract based 2-3 days a week in Corsham
The Ministry of Defence (MOD) is a central government department with a mission to protect our country and provide the ultimate guarantee of its security and independence, as well as helping to protect its values and interests abroad.
To do this we have an annual budget of almost £40 billion and a workforce comprising 193,000 people, almost 59,000 of whom are civilians. We currently manage more than £11 billion of spend every year.
Our work really matters; we offer engaging roles which have a direct impact on the quality of services we provide. We employ people in many different roles and in many locations across the UK and abroad. We have jobs in policy, finance, HR, IS/IT, commercial and project management and all the types of jobs you would expect to find in a government department, or indeed in the private sector. We also employ doctors, dentists, teachers, police, fire service, quantity surveyors, and engineers to name a few. There are many opportunities to develop and progress both within MOD and across the wider Civil Service, whether you’re a permanent appointee or an interim.
Cost Model Estimating lead and Recharging Lead for the Digital Foundry
**As a Cost Modeller, your main responsibilities will be**:

- You will provide Subject Matter Expert (SME) advice and guidance on Cost Estimating, ensuring robust quality estimates are provided to inform decision making by Senior Management.

Day-to-day estimating activities will be varied and will include but not limited to:

- Development and maintenance of Assumptions and Basis of Estimate;
- Financial Treatments;
- Data collection & Normalisation;
- Application of Estimating Methodologies;
- Estimating Uncertainty;
- Probability & Statistics;
- Cost Risk Analysis;
- Economic Analysis;
- Stochastic Modelling including Model Build;
- Data analytics including
- Cost Driver Analysis;
- Sensitivity Analysis; and
- Scenario Analysis.

**Broader activity will also include**:

- Close engagement with project staff
- Engagement with external stakeholders including Scrutiny.
- Support to PCR process
- Maintenance of Models in the live service environment.
- Quality Assurance including Verification & Validation of Cost Models.
- Continued development of recharging models for Foundry Services and supporting instructions.
- Generation of financial MI to support recharging of Foundry Services to TLBs either through Direct or Indirect Billing.
- Co-ordination of indirect billing (financial journals) once recharging values have been agreed between project team and TLBs.
- Monthly reconciliation of recharging and input into the monthly forecast reviews.

**Essential**:

- Qualified or Part Qualified Accountant
- Cost Modelling Experience
- Building Robust cost models in line with standard set but the Cost Analysis Assurance Services (CAAS).
- Cost Modelling for approvals
- Strong Excel skills
- Strong Stakeholder Management and Collaboration skills
- Willing and Eligible to be SC cleared

**Desirable**:

- MOD Experience

Please be aware that this role can only be worked within the UK and not Overseas.
Disability Confident
Armed Forces Covenant

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