Cost Management Lead

Cost Management Lead (HVDC)

Location: Glasgow/Edinburgh (Hybrid)

Salary: from £66,000, up to 20% bonus, car allowance, family medical insurance & other excellent benefits

Permanent

 

Help us create a better future, quicker

SP Energy Networks is delivering more than £10 billion of investment into the GB electricity grid over the next five years, helping accelerate the transition to a cleaner, more secure energy future. A key part of this investment is the delivery of the Eastern Green Link 4 (EGL4) HVDC project, a flagship joint venture between SP Energy Networks and National Grid.

As HVDC Cost Management Lead, you'll play a critical role in the financial management and successful delivery of one of the UK's largest and most strategically important energy infrastructure projects. Working at the heart of a complex joint venture environment, you'll establish and drive robust cost management processes, reporting frameworks and financial controls that support project delivery while contributing directly to the UK's journey to Net Zero.

What you'll be doing

You'll lead the development and continuous improvement of cost management standards, processes and reporting across the joint venture, ensuring accurate, timely and insightful financial information is available to support decision making. You'll oversee month-end reporting, cost forecasting, budget performance reviews and cash flow management, while providing expert financial guidance to project leadership and key stakeholders.

Working closely with project management, commercial, regulation, treasury and finance teams across both ScottishPower and National Grid, you'll maintain oversight of project performance against budgets and regulatory requirements. You'll manage key processes including value of work done reporting, intercompany invoicing, cash calls, cost breakdown structures and forecasting activities, while proactively identifying risks, resolving cost-related issues and supporting both statutory and management accounting requirements.

What you'll bring

You'll be a qualified accountant, or possess equivalent significant experience, ideally gained within a major project, infrastructure or project delivery environment. You'll combine strong financial and commercial expertise with the ability to interpret complex information, challenge assumptions constructively and influence stakeholders at all levels.

We're also looking for:

• Significant experience in cost management, financial reporting and forecasting within large-scale projects.
• Strong accounting, analytical and commercial skills, with excellent attention to detail and accuracy.
• Experience working with SAP and financial management systems, including the production and analysis of complex cost reports.
• The confidence to engage with senior stakeholders across multiple organisations and provide clear financial insight.
• Proven ability to manage competing priorities and deliver high-quality outputs to demanding timescales.
• Strong relationship-building skills and the ability to work effectively across project, commercial, operational and finance teams.
• An adaptable and proactive approach, with the ability to identify risks, solve problems and support continuous improvement.

What's in it for you

As well as a competitive salary which is reviewed annually, you can also enjoy a number of other benefits. With our pension scheme, we'll double match your contribution up to a company contribution of 10%.

At ScottishPower, we believe it's the little things we do in life that make a big difference. From helping you look after your family's wellbeing, save for your future and take personal steps for climate action, our benefits are designed to help you do just that, so that you have everything you need to take care of your world, today and tomorrow.

That's why our benefits include:

• 36 days annual leave
• Holiday Purchase
• Share Schemes
• Payroll Giving and Charity Matched Funding
• Technology Vouchers
• Electric Vehicle Schemes
• Cycle to Work Scheme and Public Transport Season Ticket Loans
• Healthcare benefit options including Dental Insurance, Private Medical Insurance, Health Cash Plan and Health Assessments
• Life Assurance (4x salary)
• Access to Savesmart financial wellbeing support
• Shopping, leisure, restaurant and gym discounts, plus employee deals on travel insurance and more

Why SP Energy Networks

SP Energy Networks is part of the Iberdrola Group, one of the world's largest integrated utility companies and a world leader in wind energy. We keep electricity flowing to homes and businesses through Central and Southern Scotland, North Wales and the North West of England. We operate over 4,000km of cables and lines that make up the transmission network, connecting critical infrastructure such as wind farms into the electricity system.

We're at the heart of Scotland's ambition to achieve Net Zero, investing more than £5.5 billion in our transmission network to support the rapid growth of renewable energy. With diverse opportunities across our business and a commitment to developing our people, we offer rewarding careers with opportunities for growth in a global organisation.

Inclusion, diversity and a social purpose are at the heart of everything we do. Whatever your background, you'll find a welcoming place where you can thrive.

We are committed to providing reasonable support or adjustments throughout our recruitment process for candidates with disabilities, long-term conditions, mental health conditions, neurodivergence or pregnancy-related support requirements. If you need support, please contact [email protected].

Mobility

Please note that any applicant who is not a citizen of the country of the vacancy will be subject to compliance with the applicable immigration requirements to legally work in that country. If/when required, the Company will support the employee with the necessary Immigration requirements.

IMPORTANT 

Advert will close at 23:59 GMT the day before Job Posting End Date below

August-14-2026