Cost Analyst

Role Title: Cost Analyst
Duration: 6 Months
Location: Middlesborough (Some Travel to Teeside area and Inverness)
Rate: 190p/d via Umbrella

The Cost Controller will support Project/Package Management with the management and control of contract costs, ensuring contracts stay within budget and meet quality standards by estimating costs to completion, supporting contract/commercial management, and overseeing financial reporting, for various professional services and/or supply contracts.

Key Responsibilities include:

Cost Estimation and Control/Management

• Estimating quantities and costs of materials, labor, and time.
• Developing cost plans and budgets.
• Monitoring costs and identifying potential cost overruns, including the tracking of variations/changes to the contract that may affect costs.
• Advising on cost-cutting measures and value engineering.
• Analyzing repair/maintenance or re-work costs.
• Understand the implications of health and safety regulations.

Contract Management/Commercial support

• Overseeing and valuing subcontractors' work for payments and support on payment/invoice management.
• Support on managing risk and ensuring compliance with regulations and quality standards.
• Assessing the quality of work and identifying potential issues.
• Support on ensuring the subcontractors/suppliers have the necessary skills and experience for their works.
• Support on change management, contractual notices, claims and document control.

Reporting and Analysis:

• Preparing cost and progress reports.
• Analyzing project outcomes and providing budget/progress reports.
• Identifying and reporting variations and changes to the contract in a timely manner.

Skills and Qualifications

• Strong analytical and problem-solving skills.
• Meticulous/Strong attention to detail, ensuring accuracy within reporting
• Excellent written and verbal communication and interpersonal skills.
• Knowledge of construction methods and materials.
• Understanding of construction contracts and legal matters.
• Capacity to prioritise work and interface with relevant stakeholders for the collection of information.
• Influencing skills, intercultural skills, capable of working in a team or individually.
• A relevant degree or qualification in cost control or a related field.
• Proficiency with Microsoft Office

Essential Experience of the Cost Controller:

• Demonstratable infrastructure, engineering and / or construction experience.
• Good understanding of day-to-day commercial administration in the Engineering and Construction industries.
• Experience in supporting large-scale projects and change initiatives using appropriate methodologies.
• Proven experience of Professional Services/Supply contracts.

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