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- Tasks: Analyze project costs and provide detailed financial reports for major infrastructure projects.
- Company: Join a diverse team at PPP, working on the UK's largest infrastructure initiatives.
- Benefits: Enjoy competitive pay, flexible working options, and opportunities for career growth.
- Why this job: Be part of impactful projects while developing your skills in a supportive environment.
- Qualifications: Experience in finance or cost engineering, with strong analytical and Excel skills required.
- Other info: This role offers long-term career opportunities within a 20-year pipeline of projects.
The predicted salary is between 36000 - 60000 £ per year.
Project Cost Analyst Warrington or Cumbria Be part of some of the UK’s largest and most complex infrastructure projects. Join a programme dedicated to driving your career forward. Competitive pay and reward packages. Flexible & Hybrid Working Opportunities to work across multiple projects throughout your career. We welcome people from all backgrounds and our partnership recently earned the Investors in Diversity Award from the National Centre for Diversity. About PPP The Programme and Project Partners (PPP) at Sellafield brings together KBR, Jacobs, Morgan Sindall Infrastructure, Altrad Babcock, Sellafield Ltd as the client, and a wider supply chain to deliver a 20-year pipeline of major infrastructure projects. This 20-year pipeline of work along with the size, scale and complexity of our projects allows us to offer our people rewarding long-term opportunities with the ability to develop their skills and progress their careers. With several major projects already in-flight and other projects in the pipeline now is a great time to join PPP and drive your career forward. The role The Project Cost Analyst is responsible for providing comprehensive cost control services across multiple projects, ensuring accurate cost allocation, reporting, and financial analysis. This role involves close collaboration with project teams, subcontractors, and clients to deliver timely and detailed financial reports, ensuring alignment with project objectives and compliance with financial regulations. Key Accountabilities Prepare, maintain, and analyse detailed project cost reports, ensuring accurate tracking and reporting of expenditures. Provide comprehensive cost control services, including accurate project cost allocation and detailed cost analysis for all ongoing projects. Approve subcontractor costs and manage the accurate allocation of labour and expenses in alignment with contractual obligations. Prepare monthly variance analysis reports, providing insights into budgetary performance and cost deviations. Manage the preparation and submission of project unit cost forms for all employees, including the maintenance of rate decks and calculation of bonuses. Prepare and submit Payment Packs and Applications for Payment to clients for all assigned projects, ensuring compliance with agreed timelines. Compile and submit the Annual Financial Statement to clients, consolidating all relevant financial data for review. Conduct monthly cost assurance, ensuring compliance with project budgets and identifying opportunities for cost savings. The ideal person Significant experience in accounts, financial analysis, or cost engineering, with a strong foundation in financial principles. Proven proficiency in using accounting software and financial systems, ensuring accuracy in cost tracking and reporting. Advanced skills in Microsoft applications, particularly Excel, for data analysis and financial modelling. Excellent analytical abilities with a proven track record of interpreting and presenting complex financial data in a clear and actionable manner. Strong attention to detail and commitment to accuracy in financial reporting and cost allocation. Excellent communication and interpersonal skills, capable of working effectively with stakeholders across all levels. Ability to work independently in a fast-paced environment, meeting deadlines and managing competing priorities.
Project Cost Analyst employer: Altrad UK, Ireland & Nordics
Contact Detail:
Altrad UK, Ireland & Nordics Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Project Cost Analyst
✨Tip Number 1
Familiarize yourself with the specific infrastructure projects that PPP is involved in. Understanding the scope and scale of these projects will help you demonstrate your knowledge during interviews and show how you can contribute to their success.
✨Tip Number 2
Highlight your experience with cost control and financial analysis in your conversations. Be prepared to discuss specific examples where you've successfully managed project costs or improved financial reporting processes.
✨Tip Number 3
Network with professionals in the industry, especially those who have worked on similar projects. This can provide you with valuable insights and potentially lead to referrals that could enhance your application.
✨Tip Number 4
Demonstrate your proficiency in Microsoft Excel and any accounting software you’ve used. Consider preparing a brief presentation or example of your work to showcase your analytical skills and attention to detail.
We think you need these skills to ace Project Cost Analyst
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Project Cost Analyst. Familiarize yourself with cost control services, financial analysis, and reporting requirements as outlined in the job description.
Tailor Your CV: Customize your CV to highlight relevant experience in accounts, financial analysis, or cost engineering. Emphasize your proficiency in accounting software and Microsoft Excel, as well as any experience with project cost management.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your analytical abilities and attention to detail. Mention specific examples of how you've successfully managed project costs or improved financial reporting in previous roles.
Highlight Communication Skills: Since the role requires collaboration with various stakeholders, emphasize your communication and interpersonal skills in both your CV and cover letter. Provide examples of how you've effectively worked with teams or clients in the past.
How to prepare for a job interview at Altrad UK, Ireland & Nordics
✨Showcase Your Financial Expertise
Be prepared to discuss your significant experience in accounts, financial analysis, or cost engineering. Highlight specific examples where you've successfully applied financial principles to manage project costs.
✨Demonstrate Proficiency in Tools
Make sure to mention your proficiency in accounting software and financial systems. If you have experience with specific tools, such as Excel for data analysis and financial modeling, be ready to provide examples of how you've used them effectively.
✨Prepare for Analytical Questions
Expect questions that assess your analytical abilities. Be ready to interpret and present complex financial data clearly. Practice explaining your thought process behind variance analysis and cost assurance.
✨Communicate Effectively
Since the role involves collaboration with various stakeholders, demonstrate your excellent communication skills. Prepare to discuss how you've worked with project teams, subcontractors, and clients to ensure alignment on financial objectives.
