Project Cost Controller in Warwick

Project Cost Controller in Warwick

Warwick Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Monitor and control project costs, ensuring financial accuracy and collaboration with teams.
  • Company: Join Telent, a leading tech company enhancing the UK's critical digital infrastructure.
  • Benefits: Enjoy 34 days holiday, a pension scheme, wellness support, and discounts on shopping and entertainment.
  • Why this job: Make a real impact while working in a diverse, inclusive environment that values your contributions.
  • Qualifications: BSc in Finance preferred; experience with finance systems, especially Oracle, is a plus.
  • Other info: Hybrid work model available, fostering a balance between remote and office work.

The predicted salary is between 36000 - 60000 £ per year.

At Telent, you will have the opportunity to be a part of something bigger. To keep things moving, to connect people. It's important work we do. Learning together, inspiring colleagues, and making the entire organisation better. Join us and help keep the nations critical networks connected and protected 24/7.

This role is responsible for monitoring and controlling the cost and spend of various designated projects or workstreams within a designated programme. You will manage the financial and commercial responsibilities for multiple designated projects, delivering timely and accurate financial information and guidance to the project management team. You will ensure all team members remain fully informed of their financial status while fostering strong, collaborative relationships with the customer commercial team. Additionally, you will coordinate closely with project teams to track progress, accurately forecast sales and costs based on gathered data, and cultivate positive, professional relationships with project managers and commercial stakeholders.

What you’ll do:

  • Internal & external reporting and processing applications for payment from the client.
  • Taking responsibility for the tracking and forecasting of all costs within the project, including challenging operational staff as to their expenditure, reallocating costs to correct cost codes and chairing forecast meetings.
  • Build awareness of all costs being incurred on project to ensure full recovery in Applications for Payment.
  • Liaise with Client organisation to provide any further substantiation and agree the Application for Payments.
  • Produce payment applications / change requests / customer letters.
  • Manage & analyse project costs from Oracle - Interrogate the data.
  • Keep accurate records and an audit trail - UCM.
  • Complete Oracle set-up forms and CF53 for new projects.

Who you are:

As an ideal candidate, you are detail-oriented and highly organized, with a strong understanding of financial and commercial processes within project environments. You possess excellent communication skills, enabling you to effectively collaborate with diverse teams and build lasting relationships with both internal stakeholders and customers. You are proactive in identifying potential financial risks and opportunities, with a proven ability to analyse data and provide insightful forecasts. Your ability to manage multiple priorities while maintaining accuracy and professionalism makes you an asset in driving project success and ensuring financial transparency.

Key Requirements:

  • BSc Finance related degree preferred.
  • Good working knowledge and use of a financing administration system.
  • Demonstrable experience of using a company finance system, ideally (but not necessarily) Oracle.
  • Proven experience of working within a financial/commercial or cost control function of a contracting organisation.
  • Proven experience of providing financial and commercial support to projects of circa £10M+.
  • Demonstrable experience of using an Oracle finance system.
  • Prevailing financial and CDM regulations awareness.

What we offer:

A career at Telent can span many sectors, roles, technologies and clients giving you the opportunity to develop, learn new skills and make an impact. We are growing and we rely on our committed Team to deliver. We nurture the talent that makes this happen, by our on-going commitment to creating an inclusive culture that respects and values difference, that celebrates diverse ideas. We want everyone to feel they can be themselves and to thrive at work.

The additional benefits with this role:

  • 34 days holiday, including public holidays, plus the option to buy or sell days annually OR 26 days holiday, plus public holidays, and the option to buy or sell days annually.
  • Company pension scheme.
  • A range of family friendly policies.
  • Occupational health support and wellbeing Portal.
  • Discounts on Cinema, Restaurants and Shopping with Telent Reward scheme.

We’re passionate about creating an environment that champions diversity and inclusion, where everyone feels they belong, can be themselves and empowered to reach their full potential. People are at the heart of our business, and we believe that our teams should reflect the diverse experiences and backgrounds of the communities we support.

Project Cost Controller in Warwick employer: Telent Technology Services Ltd

At Telent, we pride ourselves on being an exceptional employer, offering a vibrant work culture in Warwick that fosters collaboration and inclusivity. With a commitment to employee growth, we provide extensive opportunities for professional development alongside competitive benefits such as generous holiday allowances and a supportive pension scheme. Join us to be part of a dedicated team that values diversity and empowers you to make a meaningful impact on the UK's critical networks.
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Contact Detail:

Telent Technology Services Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Project Cost Controller in Warwick

✨Tip Number 1

Familiarise yourself with Oracle finance systems, as this role specifically mentions experience with it. If you haven't used Oracle before, consider taking an online course or tutorial to get a basic understanding of its functionalities.

✨Tip Number 2

Network with professionals in the project cost control field, especially those who have worked at Telent or similar companies. Engaging with them on platforms like LinkedIn can provide insights into the company culture and expectations for the role.

✨Tip Number 3

Prepare to discuss your experience with financial forecasting and cost management during the interview. Be ready to share specific examples of how you've successfully managed project costs in the past, particularly for projects valued at £10M or more.

✨Tip Number 4

Demonstrate your understanding of financial regulations and compliance during your interactions with the hiring team. Showing that you're aware of the latest financial and CDM regulations will highlight your suitability for the role.

We think you need these skills to ace Project Cost Controller in Warwick

Financial Analysis
Cost Control
Project Management
Oracle Finance System Proficiency
Data Interrogation
Forecasting Skills
Attention to Detail
Communication Skills
Stakeholder Management
Problem-Solving Skills
Commercial Awareness
Reporting Skills
Organisational Skills
Risk Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in financial and commercial processes, especially within project environments. Emphasise any experience with cost control functions and using finance systems like Oracle.

Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role at Telent and how your skills align with their needs. Mention specific examples of how you've successfully managed project costs and collaborated with teams in the past.

Highlight Key Skills: Focus on key skills mentioned in the job description, such as attention to detail, communication, and data analysis. Provide concrete examples of how you've demonstrated these skills in previous roles.

Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your professionalism and attention to detail, which are crucial for this role.

How to prepare for a job interview at Telent Technology Services Ltd

✨Understand the Role

Make sure you thoroughly understand the responsibilities of a Project Cost Controller. Familiarise yourself with cost tracking, forecasting, and financial reporting processes, as these will be key topics during your interview.

✨Showcase Your Financial Acumen

Be prepared to discuss your experience with financial systems, particularly Oracle if you have it. Highlight any relevant projects where you've successfully managed costs and provided financial insights, especially in contracting environments.

✨Demonstrate Communication Skills

Since the role involves liaising with various stakeholders, practice articulating how you've built relationships in past roles. Be ready to provide examples of how you've communicated complex financial information clearly and effectively.

✨Prepare for Scenario Questions

Expect questions that assess your problem-solving skills in financial contexts. Think of scenarios where you've identified financial risks or opportunities and be ready to explain your thought process and the outcomes.

Project Cost Controller in Warwick
Telent Technology Services Ltd
T
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