Cost Manager (Senior Cost Engineer) - Preston
Job number UU02097 Country United Kingdom Region Lancashire Location name Preston Wastewater Treatment Works, Clifton Marsh, Lytham Road, Freckleton, Preston, PR4 0XE Posting End Date 03/03/2025 Band 4a Role Type Permanent Work hours 37 Hours per Week Salary Competitive
Organisation: United Utilities Job Title: Cost Manager (Senior Cost Engineer) Band / Level: 4a Working Pattern: Full time Contract Type Permanent Location: Preston
About Us
United Utilities’ (UU) mission is to deliver high-quality water for a stronger, greener and healthier North West of England. We are committed to providing our services in a way that respects the environment, supports the economy, and benefits society. We are proud to be ranked #4 in The Inclusive Top 50 UK Employers List. We promote a workplace culture where our people can grow, excel, and truly be themselves. We uphold our ethics, values, and business model to fulfil our mission. By setting clear goals and objectives, we create sustainable, long-term value for our colleagues, customers, and communities. We’ve got a lot to offer. You’ll be part of a thriving company and will enjoy a range of core benefits that reflect your value and value contribution.
The Role
As a Cost Manager (Senior Cost Engineer) you will be responsible for managing actual costs and forecasts across multiple projects alongside change control and creating/maintaining the project Cost Breakdown Structure (CBS) and its alignment with Work Breakdown Structure (WBS) and Organisational Breakdown Structure (OBS). You will also have line management responsibilities of at least one Cost Engineer.
Key Accountabilities
1. Create and manage the project’s Cost Breakdown Structure (CBS), ensuring its alignment with the Work Breakdown Structure (WBS) and Organisational Breakdown Structure (OBS).
2. Collaborate with PMO teams, delivery teams, and the Senior Leadership Team (SLT) to establish and support robust cost control.
3. Oversee and control commitment, journals, and accruals in partnership with the Project Manager, utilising our corporate systems.
4. Analyse the impact of project trends and changes, facilitating timely updates to the project baseline.
5. Implement a solid forecasting process and conduct regular reviews with contributors to the overall WBS.
6. Establish and maintain Earned Value Management (EVM) reporting for cost and support the relevant project management teams in line with EVM process.
7. Support project teams with actual cost and budgetary reporting, cost forecast reporting, and tracking against the project baseline.
Skills & Experience
To be successful with your application, you’ll need to show that you meet the following essential criteria:
1. Degree in a relevant discipline or equivalent professional experience.
2. Extensive experience in Cost Management, Project Controls, or Programme Delivery.
3. Excellent knowledge of cost management techniques and proficiency with cost management systems (SAP and Primavera P6).
4. Great interpersonal skills for relationship building and collaboration across all organisational levels and functions.
5. Proven track record of implementing system and process enhancements to boost technical capabilities within a team.
6. Good financial acumen and the ability to manage and interpret large data sets.
7. Confident in constructively challenging stakeholders and promoting innovation and new strategies to drive PMO forward.
8. MAPM, ACostE, or a comparable qualification in Project Management or Project Controls.
Selection Process Details
Your application will go through the following stages of assessment:
1. Pre-sift - We will check that your CV meets the essential/eligibility criteria listed in the Skills & Experience section of this advert.
2. Sift - Your CV will be reviewed by UU hiring managers to determine eligibility for interview.
3. Interview - If invited to interview, you'll be assessed against the sift categories in the Skills & Experience section of this advert.
4. Feedback - Feedback will be provided post-interview.
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