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Project Controls Cost Management

Outsource
Posted 5 days ago, valid for 6 hours
Location

Barrow-In-Furness, Cumbria LA13 9TD

Salary

£53.9 - £35 per hour

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • BAE Systems is hiring a Project Control Specialist for their Submarines division, with a focus on financial operations and cost management.
  • The position offers an hourly rate of £53.90 on an umbrella basis and is located in Barrow-in-Furness, UK, with a hybrid work model requiring only two days on-site per month.
  • This is a 12-month contract role, with 37 hours per week and the possibility of extension, featuring early finish Fridays.
  • Candidates should have proven experience in Cost Account Management, ideally within a defence or IT environment.
  • Strong financial software skills, particularly in SAP, along with effective communication abilities are essential for this role.
Job Title: Project Controls (Cost Management)  Client: BAE Systems Hourly Rate: £53.90 UMBRELLA (INSIDE IR35)Location: Barrow-in-Furness, UK (Hybrid, 2 day on-site per month)Contract Type: 12-months (with opportunity for extension), 37 hours/week, Early Finish FridaysAbout the RoleBAE Systems is seeking a Project Control Specialist to manage and control financial operations within our Submarines division. This role will focus on Cost Account Management, supporting an IT Product Group’s OpEx budget of approximately £40 million annually. You will be responsible for budgeting, financial reconciliation, and reporting, ensuring cost compliance and identifying efficiency opportunities across multiple sub-cost account teams.Key Responsibilities
  • Financial Management: Track and control OpEx costs, ensuring alignment with the budget.
  • Budget Analysis: Monitor variances and provide accurate forecasts.
  • Cost Efficiency: Identify and implement cost-saving measures across the Product Group.
  • Reporting: Prepare detailed monthly, quarterly, and annual financial reports for senior management.
  • Long-Term Planning: Assist in creating a 5-year OpEx financial plan.
Required Knowledge & Skills
  • Experience: Proven experience in Cost Account Management, preferably in a defence or IT environment.
  • Technical Skills: Proficiency in financial software (SAP preferred), MS Excel, and risk management.
  • Communication: Strong skills for articulating financial insights and guidance to internal and external teams.
  • ITIL & SIAM: Knowledge of ITIL4 framework and familiarity with SIAM models is beneficial.
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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.