N G Bailey
Cost Controller
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Cost Controller
West London - Hybrid
1 Year FTC
We are seeking a Cost Controller to support the MEP package on a major infrastructure project, delivered under an NEC3 Option C Target Cost subcontract. This role is key to ensuring costs are accurately captured in line with the Schedule of Cost Components (SCC) and effectively forecast to protect project margin within the pain/gain mechanism.
Key Responsibilities (Essential)
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Managing Defined Cost & Disallowed Cost
- Ensure all costs comply with SCC / Short SCC
- Correctly code timesheets, plant records and supply chain invoices
- Identify and flag disallowed costs early (inefficiencies, non-compliance, corrected defects)
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Maintaining Target Cost & Pain/Gain Position
- Track Actual Defined Cost vs Target Cost
- Identify early warnings impacting the target
- Forecast final cost and expected pain/gain outcome
-
Budget Control & Forecasting
- Produce weekly / monthly cost reports
- Maintain Forecast to Completion (FTC)
- Conduct variance analysis
- Monitor labour, plant utilisation and supply chain performance
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Audit Readiness & Record Keeping
- Maintain open-book NEC audit records
- Manage supporting documentation (timesheets, plant logs, delivery tickets, site diaries)
- Ensure clear records supporting fee calculations, compensation events and disallowed costs
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Desirable Experience
-
Compensation Event (CE) Support
- Assist with CE quotations and SCC cost breakdowns
- Track CE approvals and target adjustments
- Maintain supporting cost build-up evidence
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Supply Chain Cost Validation
- Review supply chain invoices against SCC rules
- Ensure correct mark-ups and fee percentages
- Maintain documentation for audit compliance
Background & Experience
- Experience working with NEC contracts (ideally NEC3 Option C)
- Background in commercial, cost control or project controls within construction, engineering or infrastructure
- Experience working alongside commercial teams and quantity surveyors
This will be a FTC, site-based position with options for hybrid working.
Benefits
- 25 days holiday, plus bank holidays
- Pension with leading provider and up to 8% employer contribution
- Private healthcare
- 24/7 Employee Assistance Programme supporting mental health and wellbeing (including counselling and legal advice)
- Employee discounts
- Personal development programme
- Flexible benefits package
- London travel allowance
Next Steps
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As a business, we’re on a journey to build on our culture where everyone is included, treated fairly and with respect. This starts with recruitment and how we bring people into the organisation.
We’ll do our best to outline the recruitment process to you ahead of time with plenty of notice. If you require any accommodations to participate in the application or interview process, please let us know and we will work with you to ensure your needs are met.
About Us
We are one of the leading independent engineering and services businesses in the UK. Founded in 1921, with a turnover of £500m and 3000 employees, we are proud of our history of developing great people through our investment in training.
Working across a variety of sectors within the building and infrastructure industry, our innovative, responsible and forward-thinking approach allows us to work on fantastic ground-breaking projects, providing solutions using the latest tools and technologies.
Progression is something we value, and we will make sure that when you join us you have a clearly defined development path, supported by regular reviews, training and ongoing support to enable you to be the best you can be.
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