Cost Manager

Company: HS2 (High Speed Two) Ltd
Apply for the Cost Manager
Location: Birmingham
Job Description:

Location:

Birmingham or Milton Keynes

Salary:

£55,687 to £65,514 (inclusive of Flex fund)

Job Overview:

As the Cost Manager, you will support the Head of Cost and Estimating at programme and contract level: manage budgets, actual costs, forecasts and Earned Value Management to support the successful delivery of HS2.

Responsibilities:

  • Analyse and verify contract‑level cost performance and ensure data accurately reflects programme performance for reporting.
  • Validate cost performance data submitted by delivery teams to the programme team.
  • Develop contract‑level performance reports, including EVM, forecasted costs and Estimate at Completion pressures.
  • Align the cost performance team with current business processes and ways of working.
  • Support the Senior Cost Manager in adherence to cost performance processes and procedures and maintain data and documents in corporate systems.
  • Provide technical support to Project Controls Managers on cost performance and assist in managing contractor teams.
  • Work with the supply chain to develop work‑streams that enhance cost performance capabilities within the Phase.
  • Facilitate continuous improvement of the Cost Performance function within Phase One and capture lessons learned.
  • Ensure contract teams follow governance processes and review policies aligned with business objectives.
  • Actively promote and embed Equality, Diversity and Inclusion (EDI).

Qualifications and Skills:

  • Stakeholder management in a matrix environment, including facilitation of stakeholder meetings.
  • Problem‑solving with attention to detail.
  • Clear communication skills, able to deliver presentations that engage and influence stakeholders.
  • Data analysis skills, producing accurate and timely reports in multiple formats.
  • Proficiency with Microsoft Office (Outlook, Word, Excel, PowerPoint).
  • Knowledge of Project Controls, Commercial and Finance processes.
  • Commercial awareness of multiple construction contract types (NEC, amendments, early warning notices, etc.).
  • Knowledge of core Project Controls disciplines: Schedule Management, Change Management, Risk Management.
  • Knowledge of baseline development and maintenance on a major programme.

Knowledge:

  • Project Controls, Commercial and Finance processes.
  • Construction contract types and associated benefits.
  • Core Project Controls disciplines.
  • Baseline development and maintenance on major programmes.

Experience:

  • Experience in cost management or project control role within a major project.
  • Experience in core Project Controls: baseline maintenance, schedule management, cost performance, change management, risk management, performance reporting, document control.
  • Experience producing performance reports summarising cost performance (budgets, EVM, forecasts).
  • Experience with core cost management systems (Prism, Ecosys, etc.).

EEO Statement:

HS2 Ltd is an equal opportunity employer. We promote Equality, Diversity and Inclusion in all roles.

Right to Work:

Applicants must have the Right to Work in the UK. HS2 Ltd does not hold a sponsorship licence.

Pre‑employment Checks:

Offers subject to Nationality & Immigration, employment reference, DBS, financial and educational checks.

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Posted: June 23rd, 2026