Cost Manager

Transport for London
05 Apr 2018
20 Apr 2018
Contract Type
Full Time
Salary: circa GBP52,000
Location: Buckingham Palace road, London

Overview of role
You will provide cost management services to the Capital Programmes Directorate (CPD) and ensure that all pre and post-contract and commercial requirements of the project are delivered according to the organisation's policies, standards and procedures.

Key Accountabilities:
• Provide the Commercial Manager with a total cost overview of programmes and individual projects through analysis and interpretation of project information.
• Managing project change.
• Compiling project and programme cost reports
• Ensure that all Approved Projects are managed in accordance with the LUL Cost Management Procedure.
• Ensure that all Project Estimate Summaries have comprehensive cost, time and resource documentation.
• Ensure that all Approved Projects are reported on the LUL financial management systems (IP and SAP).
• Ensure accurate actual costs, cost of work done and forecasts, reflect the project programme, within the specified forecasting tolerances.
• Undertake cost loading of programmes
• Calculate, analyse, interpret and explain variances and relevant Key Performance Indicators on the projects.
• Ensure that a Project Cost Control System is implemented and maintained.

Skills, Knowledge, Experience


• Advanced level of numeracy and data analysis skills.
• Excellent communication skills

• Deep understanding of cost management activities and be able to apply them on complex projects and programmes
• Be proficient in commercial management and commercial compliance
• Deep understanding of risk management and estimating and cost planning processes and techniques
• Be familiar with related project controls, planning and programme management, project management, business management processes, construction and engineering technology, value engineering, health, safety, quality and environmental management.

• Highly experienced in project cost management systems and controls within the Construction/Engineering Industry.
• Experience within the rail industry desired.
• Experience of SAP or similar enterprise systems desired
• Comprehensive experience of Excel.

Equality and Diversity
We are an equal opportunity employer and value diversity. We do not discriminate on the basis of race, religion, colour, gender, sexual orientation, age or disability status.

Application Process
Please apply using your CV and a two page covering letter.

Think carefully about the skills, knowledge and experience in the advert and cover this in your CV and cover letter.

The closing date for applications is Tuesday 17th April :59

In return for your commitment and expertise, you will enjoy excellent benefits and scope to grow. Rewards vary according to the business area but mostly include:

• Final salary pension scheme
• Free travel for you on the TfL network
• A 75% discount on National Rail Season Ticket and interest free loan
• 30 days annual leave plus public and bank holidays
• Private healthcare discounted scheme (optional)
• Tax-efficient childcare payments
• Tax-efficient cycle-to-work programme
• Retail, health, leisure and travel offers
• Discounted Eurostar travel

Band 3