Senior Cost Analyst

Job title: Senior Cost Analyst
Job type: Permanent
Emp type: Full-time
Industry: Engineering
Expertise: Data Center
Salary type: Annual
Salary: Negotiable
Location: UK
Job published: 04/04/2025
Job ID: 56303166

Job Description



Title: Senior Cost Analyst

Type: FTE

Location: Farringdon, London. ( On-site)

Salary: DOE



About the Opportunity

GemPool Recruitment is seeking a highly skilled Senior Cost Analyst to join a leading organisation in

the data centre industry. This is an exciting opportunity to work on large-scale projects, supporting

cost analysis, cost management, and cost control activities. The successful candidate will play a

crucial role in ensuring accurate cost reporting and forecasting while collaborating closely with

multiple teams.

Key Responsibilities:

• Support Project Commercial Managers and Project Directors in developing project cost plans.

• Track and report planned versus actual project costs, identifying and explaining variances

accurately and promptly.

• Develop cash flow projections and manage invoicing relationships to ensure a smooth

financial process.

• Liaise with project and management teams to resolve cost-related issues.

• Aggregate cost plans across projects to provide a consolidated group-level view, ensuring

accurate reporting and impact assessment.

• Conduct Earned Value analysis and provide in-depth financial insights.

• Ensure the integrity of cost data input into monthly reports, collaborating closely with

investment and finance teams.

• Present cost reports and key financial insights at management meetings.

• Ensure compliance with project control requirements and suggest improvements where

necessary.

• Validate and analyse cost reports from project cost management leads and external cost

partners.

• Assess supply chain data to enhance cost forecasting and accuracy.

• Deliver detailed cost variance analysis, root cause evaluations, and recommend corrective

actions.

• Conduct monthly Estimate at Completion (EAC) reviews in collaboration with project teams.

• Monitor contingency budgets and support proactive cost management strategies.

• Provide data-driven cost trend insights to project teams.

• Contribute to benchmarking studies and historical cost data analysis.





Required Experience & Skills:

• A minimum of 5 years of experience in Cost Analysis, Cost Engineering, Commercial

Management, or Quantity Surveying.

• Strong knowledge of project controls and cost management software.

• Advanced proficiency in Microsoft Excel and MS Office Suite.

• Excellent communication and stakeholder management skills.

• A proactive, problem-solving mindset with the ability to work independently and within a

team.

• In-depth experience with cost forecasting, variance analysis, and cost reporting

methodologies.

• Knowledge of Earned Value Management (EVM) principles and contractual frameworks.

Desirable Qualifications:

• Degree in Engineering (Mechanical, Civil, Electrical, Chemical), Science, Mathematics,

Project/Business Management, or related fields.

• Understanding of the Data Centre industry and market dynamics.

• Project Management certification (e.g., APMP) or membership in a relevant professional

body.

• Experience with coaching and mentoring teams.

• Willingness to travel occasionally to project sites across the UK.

This is a fantastic opportunity to contribute to high-value projects within a rapidly growing industry. If

you have the expertise and drive to excel in this role, we would love to hear from you! Apply today

through myself mark.prizeman@gempool.ie



Apply Now

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Recruitment Consultant

56303166

Mark Prizeman
mark.prizeman@gempool.ie