Portfolio Cost Control Lead

About newcleo

Privately funded and headquartered in London, newcleo was launched in 2021 – and since raised a total of EUR 400m – to be an innovator in the field of nuclear energy. Its mission is to generate safe, clean, economic and practically inexhaustible energy for the world, through a radically innovative combination of existing, accessible technologies.

With visionary co-founders, newcleo capitalises on thirty years of R&D activity in metal-cooled fast reactors and liquid-lead cooling systems, and our senior management and advisory team can boast hundreds of years in cumulative hands-on experience.

newcleo’s technology, mostly comprising a novel approach to already qualified solutions, addresses equally well the three challenges affecting the nuclear industry to date: waste, safety and cost.

• Waste: fast reactors are capable of efficient use of depleted uranium, plutonium and Minor Actinides. When operated with MOX fuel generated from reprocessed nuclear waste, newcleo’s reactors not only ensure sustainability by closing the fuel cycle, but can also boost energy independence.
• Safety: lead-cooled reactors operate at atmospheric pressure. The properties of lead (thermal capacity and conductivity, boiling point, chemically inert, low neutron activation, shielding properties) together with newcleo’s passive safety systems ensure very high levels of safety.
• Cost: newcleo’s reactor design has been optimised over the last 20 years leading to the concept of an ultra-compact and transportable 200MWe module with improvements in energy density compared to other technologies. Costs are kept low by means of simplicity, compactness, modularity, atmospheric pressure operation and elevated output temperature.

newcleo is also working to significantly invest in MOX fuel manufacturing in developed countries, extracting energy from the current nuclear industry by-products.

newcleo is ready to develop a new, sustainable, and completely safe way of generating nuclear energy that will help humanity reach zero emissions, and mitigate of global warming.

Missions:

The Portfolio Cost Control Lead primary responsibility will be to support and deliver the cost management methodologies for the newcleo Portfolio. Working closely with the Cost teams from Italy, France and UK PMO teams. You will be expected to help promote and nurture a ‘delivery to cost’ culture across all of newcleo and the role will have particular responsibility for establishing the cost baseline and driving accurate and insightful analysis, reporting and management against it. responsible for ensuring effective cost control is maintained via timely and accurate reporting. The role will be responsible for cost control, providing cost management for the Portfolio, and coordinating updates to the Portfolio Cost Reports, demonstrating the accrued cost position, cost / cash forecasting including Estimate at completion (EAC), and performance comparable to the baseline.

With newcleo being a startup company, the role will require a hands-on proactive approach to project controls generally; the individual must be comfortable with early-stage programmes and have the ability to work with ambiguity and change whilst establishing a clear path towards successful Portfolio delivery. The role provides the opportunity for an individual to expand their capability and experience as the business grows and develops.

Technical & Soft Skills required:

Experience

• Has had involvement of controlling complex projects/programmes across various industries and sectors (ideally with experience of working within a highly regulated environment, with a robust quality and safety management system).
• Clear track record of leading teams of professionals providing Project Controls services.

Expertise and Knowledge

• Able to manage project controls delivery of high complexity projects/programmes with an expertise in the application of good practices/principles of project controls including estimating; value for money; controlling of cost and schedule; baseline management; forecasting; performance measurement (inc. EVA) and change control.
• In depth knowledge of project controls tools and software (e.g., MS Excel, MS Project, PRA, Primavera P6, Power BI). Exposure to the EcoSys platform would be beneficial.
• Able to play key role in multidisciplinary teams and take lead role in creating plans or analysing trends using numerical and statistical techniques.

Personal Attributes

• Good leadership, communication (both written and verbal) and interpersonal skills including influencing with experience of leading teams and contracts on major complex programmes.
• Excellent stakeholder engagement skills, able to influence effectively at all levels in international environment.
• Ability to manage a multi-functional team in various locations.
• Results focused with the ability to meet commitments and deadlines.
• Attention to detail but with an ability to assure reports produced by others and provide meaningful, actionable insights as well as being able to simplify data for presentation to a wide range of audiences.
• Able to advise on complex requirements and communicate analysis and corrective measures effectively.
• The ability to engage, motivate and coach others enabling the creation of high performing teams.
• Ability to act as a role model and inspire and empower others.
• Fluent written and spoken both in French and English. Language skills in Italian would be beneficial, but not essential.

Certificates and education required:

• Combination of academic qualification and appropriate professional experience.
• PMP certification preferrable.
• Evidence of continuous professional development and career progression.