Job Title: Senior Cost Specialist
Location: Stoke Gifford, Bristol + Hybrid Working Arrangements
Compensation: Competitive Salary + Benefits
Role Type: Full time / Permanent
Role ID: SF73643
Drive critical programmes that protect and power the future
At Babcock, we’re working to create a safe and secure world, together. If you join us, you can play your part as a Senior Cost Specialist at Bristol Technology Centre, near Bristol, Gloucestershire.
As a Senior Cost Specialist, you’ll play a vital role in supporting the delivery of complex defence programmes that underpin national security. Working within our Mission Systems business, you’ll lead cost control activities across the full project lifecycle helping ensure programmes remain financially robust and deliver real-world impact.
This is an opportunity to grow your expertise in project controls, collaborate with industry-leading professionals, and contribute to programmes that combine innovation, engineering excellence, and purpose.
Day-to-day, you’ll be required to:
- Leading the development and implementation of best practice cost control processes across the programme
- Delivering cost forecasts, variance analysis, and performance reporting to support informed decision-making
- Collaborating with stakeholders to develop cost estimates and manage financial risks and changes
- Supporting Earned Value Management (EVM) activities and ensuring accurate cost performance tracking
- Coaching and mentoring project teams on cost control methodologies and tools
This role is full time, 35 hours per week and provides hybrid working arrangements with days onsite and days working from home.
Essential experience of the Senior Cost Specialist
- Demonstrable experience using cost management tools such as Deltek Cobra
- Strong background applying project management and cost control techniques across full lifecycle projects
- Experience delivering cost forecasting, cost risk analysis, and earned value management
- Strong commercial awareness with understanding of contract and financial management principles
- Proven ability to influence and engage senior stakeholders and drive high performance
Qualifications for the Senior Cost Specialist
- A recognised professional qualification such as APM Project Management Qualification or equivalent
- Membership of a relevant professional body (e.g. Association for Project Management or ACostE) is desirable
Security Clearance
The successful candidate must be able to achieve and maintain Security Check (SC) security clearance for this role.
Many of the positions within our company are subject to national security clearance and Trade Control restrictions. This means that your eligibility for certain roles may be affected by your place of birth, nationality, current or former citizenship, and any residency you hold or have held. Further details are available at United Kingdom Security Vetting: clearance levels - GOV.UK (www.gov.uk).
What we offer
- Generous holiday allowance
- Matched contribution pension scheme, with life assurance
- Access to a Digital GP, annual health check, and nutritional consultations through Aviva DigiCare+
- Employee share scheme and shopping savings portal
- Payment of Professional Fees
- Reservists in the armed forces receive 10-days special paid leave
- Holiday Trading allows you to buy additional leave or sell up to one working week
- ‘Be Kind Day’ to support volunteering
- Flexible working options to support work-life balance
- A dynamic working environment with real career progression opportunities
We’re Babcock — a global FTSE 100 organisation with over 26,000 people working together to make a difference.
Here, you’ll be part of something bigger. From initial design to final decommissioning, your work will contribute to products and services that are essential to national security and public infrastructure. Together, we’re building a future that lasts — not just through the impact we make, but through meaningful careers that respect your work-life balance.
We call that lifetime engineering.
Join us and see how far we can go, together.
We are a disability confident committed employer. If you have a disability or need any reasonable adjustments during the application and selection stages, please email careers@babcockinternational.com with the subject header ‘Reasonable adjustments requirement’. We’re committed to building an inclusive culture where everyone’s free to thrive. We are happy to talk about flexible working – please ask about alternative patterns of work at interview.
Closing date: 20/05/2026
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