Principal Cost Estimator

Job description

Principal Cost Estimator

Remote working

72.57 an hour Umbrella Inside IR35

12 Month Contract initially.

This is a great opportunity to work within one of the UK's leading Defence organisations based remotely.

As a Principal Cost Estimator, working as part of the Commercial Estimating function, the role is responsible for first line management of the team and is responsible to work closely with all areas of the business, across a broad spectrum of tasks, from facility business cases to design studies to whole boat pricing that will give you an excellent understanding of the business unit and how it operates.

Your primary involvement will be in a managing and leading role, to support the business through the creation of cost and price estimates, in relation to the management of existing contracts and the capture of new business, through the supply of critical data and analysis in support of key business decision. Using the processes and tools to support the operational capability including governance and assurance activities.

Core Duties

• Support management in the resource and governance to the Programme teams across the business including bid related activity, on-going contract management and outturn forecasting up to and including Final Pricing, across the full (LCM) Life Cycle Management spectrum, in accordance with the (E2E) End-to-End Estimating Process.
• Develop, manage, configure and own Labour and Material Cost Models, to support major Programmes as they progress through the Programme Life Cycle. All models to be supported by Basis of Estimates (BOE) and Validated and Verified (V & V).
• Monitor and understand the Programme's emergent requirements, facilitating the development and provision of the required capability to meet those demands.
• Provide advice to the Cost Estimators and the business on estimating, pricing, contract terms, inflation and variation of price issues as they relate to bidding and performing contracts.

Implement procedures and controls within the specified area to ensure compliance with commercial policies.

• Manage the development and interpret relevant Programme metrics that support the understanding and forecasting of cost, schedule or quality performance against the baseline plan or reconciliation with the contract price.
• Manage and resolve customer queries (internal and external) and issues in areas of responsibility, escalating significant problems as appropriate and highlighting trends and emerging issues.
• Playing a key role in Customer price investigations and negotiations including supplier price investigations to ensure value for money.
• Scenario and simulation analysis on a micro to macro level to inform key business decisions.
• Manage the effective performance of Commercial employees who report to this position taking responsibility for the professional development of these direct reports. Represent senior management as appropriate and required to meet business demands.
• Support the Contract Administration pre and post RBA to support the resolution of problems, and final costing of Commercial projects.
• To be able to access, have a clear understanding of and apply the Quality and SHE Management System documentation e.g. Process Instructions, Workmanship Standards, Risk Assessments etc. applicable to your particular work scope and to adhere to all quality and SHE rules and control measures.

For more informtation please contact Lauren Morley at JAM Recruitment or click apply.