Principal Cost Lead

Description:

Job Title: Principal Cost Lead
Location: Plymouth, Devon + Hybrid Working Arrangements
Compensation: Competitive Package Depending on Experience + 15% Bonus and Medical Cover
Role Type: Full time / Permanent or Fixed Term Contract
Role ID: SF56548

At Babcock we're working to create a safe and secure world, together, and if you join us, you can play your part as a Principal Cost Lead at our Devonport Royal Dockyard site.

The role
As a Principal Cost Lead, you'll have a role that's out of the ordinary. This is a new role to bring additional cost control leadership to major submarines programmes.

Day-to-day, you'll be Leading the Submarines Cost Control teams to set and maintain project baseline budgets, oversee control of commitments and accruals, ensuring accurate and reliable cost forecasting, and lead on resource management for the submarines cost control teams.

Provide leadership and team management for the Cost Team
Liaising with Risk, Scheduling and Estimating Leads to ensure integrated reporting
Oversee implementation of change management in alignment with requirements
Collate performance and cost reports and associated analysis. Identify and offer mitigation actions where appropriate.
Lead on provision of resource and financial forecast data into the projectThis role is full time 35 hours per week and provides hybrid working arrangements with 2 - 3 days in the office/onsite.

Essential experience of the Principal Cost Lead

Extensive, relevant experience in a similar environment / business sector
Experienced in various contracting methodologies (e.g. FIDIC/NEC/JCT)
Advanced knowledge of cost management and earned value techniques
Quantitative risk analysis experience
Full project lifecycle experience

Qualifications for the Principal Cost Lead

Ideally a Bachelor's Degree in Engineering / Project Management or a related field or equivalent experience
Project Planning and Controls Practitioner - Desirable
Project Fundamentals qualification - DesirableSecurity Clearance
The successful candidate must be able to achieve and maintain Security Check (SC) clearance for this role.

Many of the positions within our company are subject to national security clearance and Trade Control restrictions. This means that your eligibility for certain roles may be affected by your place of birth, nationality, current or former citizenship, and any residency you hold or have held.

What we offer

Generous holiday allowance
Matched contribution pension scheme, with life assurance
Employee share scheme
Employee shopping savings portal
Payment of Professional Fees
Reservists in the armed forces receive 10-days special paid leave
Holiday Trading is a benefit that allows the majority of employees to buy additional leave or to sell up to one working week of annual leave from their annual entitlement
'Be Kind Day' enables employees to take one working day's paid leave a year (or equivalent hours) to undertake volunteering work with their chosen organisation or registered charityBabcock International
For over a century Babcock has helped to defend nations, protect communities and build a better world. To continue, we must adapt, advance and be a sustainable business with a shared goal.

We are a disability confident committed employer. If you have a disability or need any reasonable adjustments during the application and selection stages, please email with the subject header 'Reasonable adjustments requirement'. We're committed to building an inclusive culture where everyone's free to thrive. We are happy to talk about flexible working - please ask about alternative patterns of work at interview