SGN
Portfolio Costs Lead
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Farringdon | Personal Contract
Full time | Hybrid/Office based 2-3 days per week (ability to work from one of our main offices throughout South and Southeast England, London or Scotland offices) with some UK travel
£47.1k - £58.3k per annum (dependent on skills and qualifications)
Joint-contribution pension from 6% (12% total) – Enhanced maternity & family leave – Life assurance – HolidayPlus – Virtual GP & Employee Assistance Programme plus retail and leisure discounts & many more.
REQ5644
The world is changing fast, expectations from customers, communities, regulators and our stakeholders are rising. We are in the midst of a multi-year programme that will help us not only achieve our Target Operating Model but also integrate change with ongoing operational delivery and improvement projects. We’re already making great progress with a new Executive Team, a new COO function, moving from five to nine regions in our Southern network (creating closer communities for our people) plus introducing new processes and organisation structure to optimise efficiency. We are also transforming the ways of working and management tools used by our front line services.
We’re now offering fantastic opportunities for colleagues to help us on this exciting journey!
About The Role...
The Portfolio Cost Lead supports the financial management of a transformation portfolio within the Operations directorate. This role focuses on maintaining accurate cost forecasts, managing purchase orders and requisitions, and tracking spend across multiple projects.
Working closely with Project Managers and senior stakeholders, you will provide robust financial administration and visibility of portfolio spend, ensuring strong cost control and governance without requiring formal accountancy qualifications.
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We deliver safety, warmth, and comfort to homes and businesses. Every role, whether in the office or on the front line, plays a key part in this mission. Here’s how you will contribute…
Cost Forecasting & Tracking
- Support Project Managers in developing and maintaining project cost forecasts
- Consolidate and maintain portfolio-level cost views across multiple projects
- Track actuals vs forecast and highlight variances and risks
- Ensure forecasts are regularly updated and aligned with delivery plans
Purchase Orders & Financial Administration
- Raise and manage purchase orders (POs) and requisitions in the finance system
- Ensure accurate coding and alignment to project budgets
- Track PO lifecycle including approvals, receipts, and closure
- Support invoice matching and query resolution
Spend Tracking & Reporting
- Monitor project spend and commitments across the portfolio
- Track supplier payments and accruals where required
- Produce regular cost reports for Project Managers and senior stakeholders
- Maintain clear audit trails and financial records
Stakeholder Support
- Act as a key support function to Project Managers, the Portfolio Office, and Senior Stakeholders on cost-related processes
- Work with Finance teams to ensure alignment with financial controls and reporting cycles
- Provide guidance to project teams on procurement and cost management processes
Governance & Process Improvement
- Ensure adherence to internal financial controls and governance requirements
- Identify and implement improvements to cost tracking and reporting processes
- Support audits and reviews with accurate and well-maintained documentation
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What you will need
We are looking for candidates with the following experience and skills …
- Experience in a project, programme, or portfolio support role (PMO, cost control, finance admin, or similar)
- Experience raising purchase orders and requisitions within finance systems
- Strong Excel, data management, and administrative skills
- High attention to detail and accuracy
Although not essential, the following would help candidates stand out …
- Experience working in utilities, infrastructure, engineering, or other regulated environments
Not sure you meet every requirement?
Research shows some people – particularly women and those from underrepresented backgrounds – may hesitate to apply unless they meet every criteria. At SGN, we value diverse backgrounds, experiences, and perspectives.
If this role interests you but you’re not sure you tick every box, we’d still love to hear from you. You might be just who we’re looking for – now or in the future.
Why SGN?
SGN leads pioneering research and development for a net-zero energy system. Our innovative technologies are transforming the gas industry while keeping people safe and warm. We are an award-winning employer, including CCA Gold Awards for Great Places to Work and Inclusivity and Accessibility, and a proud Gold member of the Armed Forces Covenant.
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