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Cost Management Specialist

Employer
Key Recruitment Ltd
Location
Portsmouth, Hampshire, United Kingdom
Salary
Competitive Salary
Closing date
Feb 25, 2025
View more categoriesView less categories
Job Role
Other
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Cost Management SpecialistPortsmouth£40,000 - £45,000

I am looking for an experienced Cost Management Specialist to join a thriving and dynamic team based down at Portsmouth Dock yard. You will be providing commercial support across a multitude of trades, supporting the upkeep and maintenance of Warships. This is a fulltime office-based role.

Key

Responsibilities:

  • Enhance Commercial Performance:
    • Implement effective cost control measures and identify value-for-money opportunities, ensuring customer quality standards are met.
  • Build Strong Relationships:
    • Foster and maintain professional relationships with both internal teams and external stakeholders.
  • Contract Administration:
    • Manage contracts with clients and subcontractors, ensuring compliance and smooth execution.
  • Budget Analysis:
    • Compare the annual budget against actual costs, providing detailed insights.
  • Data Reporting:
    • Prepare and present weekly job cost analysis reports to support informed decision-making.
  • Work in Progress Review:
    • Collaborate with trade leads to assess project progress and ensure timely final invoicing.
  • Aged Debt Management:
    • Oversee and recover outstanding payments effectively.
  • Client Reporting:
    • Compile and deliver Client SLA monthly metric reports with accuracy and attention to detail.
  • Forecasting:
    • Review and update monthly financial forecasts to reflect current performance and projections.
  • Trading Pack Support:
    • Assist with the preparation and review of monthly trading packs for accurate financial reporting.
  • Subcontractor Management:
    • Oversee subcontractor accounts, including variations and payment processing.
  • Commercial Guidance:
    • Provide support and advice to trade leads on commercial best practices.
  • Policy Compliance:
    • Ensure the site team adheres to the company’s commercial policies and procedures.

EXPERIENCE / EXPECTATIONS & QUALIFICATIONS:
  • A practical, logical and methodical approach to thinking and problem solving.
  • Experience of collating costs and maximising value
  • Possess excellent communication skills
  • Be proficient in Microsoft Excel, PowerPoint, Word and Outlook. Experience in Power BI would also be beneficial but not essential.
  • Maintain a Personal Development Plan
  • Experience of working as part of a team
  • Experience of Marine industry would be an advantage but not essential
  • Demonstration of working to deadlines, working efficiently and to a high standard
  • BSc in Quantity Surveying or equivalent level of education or experience

Apply now or call Lynsey at Key Recruitment for more information.

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