Title: Senior Cost Analyst
Type: FTE
Location: Farringdon, London. ( On-site)
Salary: DOE
About the Opportunity
GemPool Recruitment is seeking a highly skilled Senior Cost Analyst to join a leading organisation in the data centre industry. This is an exciting opportunity to work on large-scale projects, supporting cost analysis, cost management, and cost control activities. The successful candidate will play a crucial role in ensuring accurate cost reporting and forecasting while collaborating closely with multiple teams.
Key Responsibilities:
* Support Project Commercial Managers and Project Directors in developing project cost plans.
* Track and report planned versus actual project costs, identifying and explaining variances accurately and promptly.
* Develop cash flow projections and manage invoicing relationships to ensure a smooth financial process.
* Liaise with project and management teams to resolve cost-related issues.
* Aggregate cost plans across projects to provide a consolidated group-level view, ensuring accurate reporting and impact assessment.
* Conduct Earned Value analysis and provide in-depth financial insights.
* Ensure the integrity of cost data input into monthly reports, collaborating closely with investment and finance teams.
* Present cost reports and key financial insights at management meetings.
* Ensure compliance with project control requirements and suggest improvements where necessary.
* Validate and analyse cost reports from project cost management leads and external cost partners.
* Assess supply chain data to enhance cost forecasting and accuracy.
* Deliver detailed cost variance analysis, root cause evaluations, and recommend corrective actions.
* Conduct monthly Estimate at Completion (EAC) reviews in collaboration with project teams.
* Monitor contingency budgets and support proactive cost management strategies.
* Provide data-driven cost trend insights to project teams.
* Contribute to benchmarking studies and historical cost data analysis.
Required Experience & Skills:
* A minimum of 5 years of experience in Cost Analysis, Cost Engineering, Commercial Management, or Quantity Surveying.
* Strong knowledge of project controls and cost management software.
* Advanced proficiency in Microsoft Excel and MS Office Suite.
* Excellent communication and stakeholder management skills.
* A proactive, problem-solving mindset with the ability to work independently and within a team.
* In-depth experience with cost forecasting, variance analysis, and cost reporting methodologies.
* Knowledge of Earned Value Management (EVM) principles and contractual frameworks.
Desirable Qualifications:
* Degree in Engineering (Mechanical, Civil, Electrical, Chemical), Science, Mathematics, Project/Business Management, or related fields.
* Understanding of the Data Centre industry and market dynamics.
* Project Management certification (e.g., APMP) or membership in a relevant professional body.
* Experience with coaching and mentoring teams.
* Willingness to travel occasionally to project sites across the UK.
This is a fantastic opportunity to contribute to high-value projects within a rapidly growing industry. If you have the expertise and drive to excel in this role, we would love to hear from you! Apply today through me, mark.prizeman@gempool.ie