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Cost Modeler

Job in West of England, Bristol, Bristol County, BS1, England, UK
Listing for: Experis UK
Full Time position
Listed on 2026-10-21
Job specializations:
  • Finance & Banking
    Financial Analyst, Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 70000 - 95000 GBP Yearly GBP 70000.00 95000.00 YEAR
Job Description & How to Apply Below

Our client, a global organisation, urgently require an experienced Cost Modeler to undertake a 12 month contract, starting immediately.

In order to be successful, you will have the following experience:

  • Highly experienced in developing and maintaining complex cost models within Defence or Government
  • Strong understanding of cost estimating methodologies and cost modelling principles.
  • Experience supporting major programmes, business cases or complex procurement activities
  • DV Clearance is essential

Within this role, you will be responsible for:

  • Develop and maintain detailed cost models for defence programmes, systems and services
  • Produce Whole Life Cost (WLC), Through Life Cost (TLC) and Cost Benefit Analysis (CBA) assessments
  • Support the development of Strategic Outline Cases (SOC), Outline Business Cases (OBC) and Full Business Cases (FBC)
  • Undertake affordability assessments, investment appraisals and option evaluations
  • Analyse cost drivers, assumptions, risks and uncertainties impacting programme delivery
  • Conduct sensitivity analysis, scenario modelling and Monte Carlo simulations where appropriate
  • Develop estimating methodologies using parametric, analogous and bottom-up costing techniques
  • Support procurement and commercial activities by providing cost assurance and independent cost estimates
  • Present cost model outputs and recommendations to senior MoD stakeholders and programme leadership
  • Work collaboratively with engineering, finance, project controls and commercial teams to ensure cost models are aligned with programme baselines
  • Ensure compliance with MoD, HM Treasury Green Book and defence acquisition best practice
  • Contribute to cost estimating standards, processes and continuous improvement initiatives

This represents an excellent opportunity to secure a long term contract, within a high profile and dynamic organisation.

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