Financial Cost Modeller

Role:
Senior Cost Modelling Consultant

Location: Coventry (office-based at least 3 days per week)
Pay Rate: £600–£800 per day (inside IR35)
Duration: up to 12 months

Morson are recruiting for a Senior Cost Modelling Consultant to support a major Defence Water Services Programme (DWSP) bid.

Working as part of the bid team, you will develop and maintain a robust, transparent and auditable cost model for a £2.5 billion Ministry of Defence contract opportunity.

The programme will replace three existing 25-year PFI contracts and requires strong cost modelling, financial analysis and commercial expertise.

The successful candidate will own the model and pricing strategy for the bid.

• Develop and maintain the DWSP bid cost model across all work streams.
• Translate programme scope, assumptions and delivery plans into accurate, transparent cost estimates.
• Integrate inputs from operational, commercial and central service teams.
• Develop OPEX, CAPEX and whole-life cost models where required.
• Incorporate risk, contingency and optimism bias in line with the bid strategy.
• Carry out sensitivity analysis, scenario modelling and option comparisons.
• Support value engineering to improve cost efficiency and affordability.
• Ensure the model reflects target pricing, contractual mechanisms and commercial strategy.
• Prepare cost schedules, pricing submission templates and supporting bid narratives.
• Maintain model integrity throughout bid revisions and respond to clarification requests.
• Produce management summaries and support internal governance, approvals and final submission.
• Identify specialist modelling requirements and coordinate these with the Bid and Finance Directors.

• Proven experience developing complex cost models for major service-based or asset-heavy bids.
• Advanced Excel skills and strong financial modelling capability.
• Excellent analytical and numerical skills.
• Ability to interpret technical, operational and commercial inputs and translate them into credible cost estimates.
• Experience with cost assumptions, risk assessment, contingency and sensitivity analysis.
• A structured and transparent approach to modelling, documentation and audit trails.
• Strong communication and stakeholder management skills, with the ability to work across multidisciplinary teams.

This is an opportunity for an experienced cost modelling professional to play a key role in a high-value defence infrastructure bid, providing the financial analysis and commercial insight needed to support pricing decisions and a competitive submission.

* Only shortlisted candidates will be contacted for an initial telephone interview. If selected from the shortlist, a formal interview process will then begin.