Project Costing and Finance Specialist

About the Role We currently have an opportunity for a Project Costing and Finance Specialist in Canberra to work on Maritime Integrated Warfare Systems projects. Join our Downer Professional Services team and play a key role in delivering complex defence and national security projects that safeguard Australia's future. Downer Professional Services is comprised of two business units, our Technical, Advisory, and Capability consulting practice and Team Downer, a major service partner to Defence. Together, we are a multi‑disciplinary advisory and delivery partner of choice for our clients in Defence and National Security. What You'll Do Strategic Cost Model Development : Build and refine project cost models for Investment Committee and Government submissions, including AMCIP tables, DRN/DSN-compliant CCT models, and Gate 2 artefacts. Financial Documentation & Reporting : Prepare finance tables for CABSUB, PES, MAA, MSA, and PDS; support monthly reporting through PPRIP, DFG, and IPT reports. Cost Assurance & Review Activities : Conduct deep dives with Navy Capability Cost Assurance, support CCB Technical Cost Assurance Reviews, and respond to formal assurance questions. Project Finance & Budgeting Support : Provide financial input for contract change proposals, asset valuation models, Section 23 escalation calculations, and budget establishment during BEs and AEs. Stakeholder Engagement & Advisory : Liaise with ASCA, DSTG, CCB, and Navy personnel; deliver strategic cost advice and participate in TEWG and Central Agency workshops. What You'll Bring Advanced Cost Modelling Expertise : Proven ability to develop, refine, and manage complex cost models for Defence projects, including DRN/DSN-compliant CCT models, AMCIP tables, and Gate 2 artefacts. Financial Analysis & Reporting Skills : Skilled in preparing finance tables for CABSUB, conducting cost variance analysis, and supporting monthly reporting across PPRIP, DFG, and IPT formats. Strategic Planning & Budgeting Knowledge : Experience supporting Investment Committee submissions, Section 23 escalation calculations, and establishing project budgets during BEs and AEs processes. Stakeholder Engagement & Assurance Capability : Ability to liaise with Defence stakeholders (ASCA, DSTG, CCB, Navy), respond to CCB assurance questions, and contribute to TEWG evaluations. Tool Proficiency & Technical Documentation : Competent in using ACEIT, SAP ARC, and ERP systems; capable of producing asset valuation models and maintaining financial artefacts aligned with Defence frameworks. Due to the nature of the work, you are required to currently hold and maintain a minimum Negative Vetting 1 or higher Security clearance as required by the Commonwealth. In some instances, compliance with International Traffic in Arms Regulations (ITAR) requirements may also be an inherent requirement. Why Downer Professional Services At Downer Professional Services, we’re not just a workplace – we’re a business dedicated to contributing to the shaping of the future of defence in Australia. As the country’s only sovereign prime, we’re committed to making a real difference in protecting Australia’s interests. What it Means to Belong at Downer Professional Services Meaningful work : Help deliver critical Defence projects that protect Australia and shape its future. Professional development : Access career mapping, accelerated learning programs, and shared learning through our Communities of Practice. Great perks : Enjoy discounts on healthcare, retail, vehicles, and more through Veteran support : Benefit from initiatives such as up to 20 days of Reservist Leave to stay connected post‑service. We want your work to matter and so do we. With over 26,000 people across Australia, New Zealand, and the Pacific, our team is made up of individuals with unique perspectives, backgrounds, and ideas. We know that diversity makes us stronger and we actively celebrate it through our commitment to inclusion and belonging. We’re committed to building a team that reflects the diverse communities we serve and we welcome people of all ages, genders, sexual orientations, cultures, abilities, and lived experiences. We especially encourage applications from those whose voices have traditionally been underrepresented in our industry – including women, Aboriginal and Torres Strait Islander peoples, Māori and Pasifika peoples, veterans, people with disability, and neurodivergent individuals. Even if your experience doesn’t align perfectly with this role, we’d still like to hear from you. If it feels like the right fit, apply – potential counts, and so do you. As a WORK180 Endorsed Employer, we support flexibility that works for your life, inclusive leadership that values your voice, and equitable access to opportunity so you can do your best work and bring your whole self to it. If you need support or adjustments through the recruitment process, just let us know – we’re here to help you put your best foot forward. #J-18808-Ljbffr