Director, Cost & Risk Management
GSK
full-time
Posted on:
Location Type: Hybrid
Location: King of Prussia • Pennsylvania • United States
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Job Level
Tech Stack
About the role
- Develop and implement cost control strategies across global capital projects
- Translate Capital management principles into Cost management functional practices (such as Accruals, Cashflows, Value of work done etc.)
- Oversee budgeting, forecasting, cost tracking, and variance analysis
- Ensure alignment with corporate financial policies and capital governance processes
- Lead cost benchmarking and value engineering initiatives
- Support with Independent Project reviews
- Establish and maintain a robust project risk management framework
- Facilitate risk identification, qualitative and quantitative analysis, and mitigation planning
- Integrate risk insights into project decision-making and portfolio prioritization
- Lead risk workshops and scenario planning with cross-functional teams
- Responsible for Quantitative Risk analysis using tools
- Support with Independent Project reviews
- Ensure adherence to internal controls, audit requirements, and regulatory standards
- Support stage-gate reviews and SCRB (Supply chain review board) presentations
- Deliver executive-level reporting on cost performance, risk exposure, and mitigation effectiveness
- Develop dashboards and analytics tools to support proactive decision-making
- Support portfolio-level financial and risk reporting
- Lead a team of cost engineers, risk analysts, and project controls professionals
- Collaborate with Finance, Engineering, Quality, Procurement, and PMO teams
- Act as a senior advisor to project sponsors and executive leadership
- Prepare and maintain all tools and templates related to Cost management (Cost report, Cashflows)
- Prepare and maintain all tools and templates related to Risk management (Risk Register)
- Develop dashboards and analytics tools to support proactive decision-making
- Drive continuous improvement in cost and risk management practices
- Prepare, update & maintain GCP Operations budget
- Monthly actuals reconciliation, department budget tracking
Requirements
- Bachelor’s or master's degree in engineering, Finance, Project Management, or related field
- 15+ years of experience in project controls, with leadership in cost and risk management
- knowledge of comprehensive stage gate models for capital project delivery through all stages of the project lifecycle
- knowledge of Cost Management and Risk management practices for capital projects
- Experience with Senior stakeholder management and influencing capabilities
- Experience with tools such as SAP, EcoSys, Unifier and risk modelling software (e.g., @Risk, Safran)
- Experience with data analysis, statistical analysis and report preparation
Benefits
- Health insurance
- 401(k) matching
- Flexible work hours
- Paid time off
- Remote work options
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
cost control strategiesbudgetingforecastingcost trackingvariance analysisquantitative risk analysisdata analysisstatistical analysisreport preparationvalue engineering
Soft skills
leadershipstakeholder managementinfluencing capabilitiescollaborationrisk identificationmitigation planningdecision-makingcontinuous improvementcommunicationteam management
Certifications
Bachelor's degreeMaster's degreeProject Management certification