Cost Assurance And Analysis Manager
Cost Assurance And Analysis Manager

Cost Assurance And Analysis Manager

Full-Time 48000 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead cost assurance activities for a multi-billion programme in nuclear decommissioning.
  • Company: Join a leading company focused on nuclear energy and environmental sustainability.
  • Benefits: Enjoy comprehensive benefits, including well-being support and flexible working options.
  • Why this job: Make an impact in a crucial industry while developing your financial and management skills.
  • Qualifications: Degree level education required; experience in commercial management and contract oversight preferred.
  • Other info: Regular travel to offices and power stations is part of the role.

The predicted salary is between 48000 - 72000 £ per year.

Description

Leads and coordinates cost assurance activities to ensure that contract delivery commitments are met to time and quality

Job Details

Key Accountabilities and Responsibilities
• Oversight of a multi Bn programme incorporating multiple sites plus spent fuel liabilities at the Company –
• Assurance of new nuclear build decommissioning plans and cost estimates for each site as they arise including ensuring robustness of process and outcome to possible Judicial Review and NGO scrutiny
• Directly support the Head of Programme
• Support the development of Government policy towards decommissioning and spent fuel management
Cost Assurance and Analysis to:-
• Provide first point of contact for high level finance and contractual assurance matters to support the Head of Programme
• Develop and implement a Contract Management Plan
• Provide financial and operational reports of expenditure and performance
• Manage the day to day relationship with Commercial teams and undertake commercial oversight and assurance as the scope of work grows.
• Undertake (monthly) analysis of costs due for recharge.
• Lead cross-functional assurance reviews in a matrix environment of decommissioning plans, developing and negotiating for the quality underpinning of these plans and developing robust assurance arrangements. Establishing appropriate overheads allocation methodology and reviewing cost estimates and their underpinning methodology;
Provide first point of contact for high level cost assurance matters to support the Head of Programme regarding the approvability of new nuclear developer\’s decommissioning and waste management plans.

Qualifications & Experience
• Educated to degree standard or equivalent
• Desirable: MCIPS and/or Qualified CCAB member
• Practical commercial management experience in a contracting business, manufacturing or commercial operation (or equivalent) with experience of working in a number of varied roles will be required. Role ideally requires financial and management accounting experience and contract management skills.
• Ability to be able to work with detailed numbers where necessary, to be able to use numbers at a macro- level in the context of the business, and to know which approach is appropriate
• Key skills include: the ability to analyse financial issues and develop appropriate solutions, diplomatic, persuasive and unbiased communication skills, negotiation skills and good team working style in cross functional teams.
• Experience in working within Cost reimbursable, Target Cost and Fixed Price Contractual arrangements.
• Ability to liaise closely with senior officers

• Ability to build and maintain strong credible relationships with colleagues, external partners and senior stakeholders
• The ability to analyse, interpret and appropriately utilise a range of financial information
• Highly developed interpersonal skills including the confidence and ability to relate to and influence peers and senior stakeholders, and to lead cross-functional teams.
• Possess demonstrable business and commercial negotiating skills and knowledge of complex strategic contracts management
• Strong presence with professional credibility and emotional intelligence, and the ability to challenge constructively
• Strong motivation, resilience and a positive mental attitude

The post will require regular travel to offices and its power stations.

  • We prioritise your well-being with a comprehensive range of benefits designed to support you
  • We prioritise your well-being with a comprehensive range of benefits designed to support you
  • We prioritise your well-being with a comprehensive range of benefits designed to support you
  • We prioritise your well-being with a comprehensive range of benefits designed to support you

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Cost Assurance And Analysis Manager employer: Allstream

As a leading employer in the nuclear sector, we offer a dynamic work environment that prioritises employee well-being and professional growth. Our culture fosters collaboration across multi-disciplinary teams, providing opportunities for meaningful contributions to significant projects while ensuring robust support for your career development. With a comprehensive benefits package and a commitment to excellence, we empower our employees to thrive in their roles and make a real impact in the field of decommissioning and spent fuel management.
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Contact Detail:

Allstream Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Cost Assurance And Analysis Manager

✨Tip Number 1

Familiarise yourself with the latest trends and regulations in nuclear decommissioning and cost management. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in this specialised field.

✨Tip Number 2

Network with professionals in the nuclear industry, especially those involved in cost assurance and analysis. Attend relevant conferences or webinars to make connections and gain insights that could give you an edge in your application.

✨Tip Number 3

Prepare to discuss specific examples of your experience with financial analysis and contract management. Be ready to explain how you've successfully navigated complex contractual arrangements in previous roles, as this will be crucial for the position.

✨Tip Number 4

Showcase your interpersonal skills by preparing to discuss how you've built relationships with senior stakeholders in past roles. Highlighting your ability to influence and negotiate effectively will resonate well with the hiring team.

We think you need these skills to ace Cost Assurance And Analysis Manager

Cost Analysis
Contract Management
Financial Reporting
Commercial Oversight
Negotiation Skills
Interpersonal Skills
Analytical Skills
Project Management
Stakeholder Engagement
Problem-Solving Skills
Attention to Detail
Team Collaboration
Emotional Intelligence
Resilience
Strategic Thinking

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in cost assurance, financial analysis, and contract management. Use specific examples that demonstrate your ability to manage complex projects and work with detailed financial data.

Craft a Compelling Cover Letter: In your cover letter, address the key accountabilities mentioned in the job description. Explain how your skills and experiences align with the responsibilities of the Cost Assurance and Analysis Manager role, particularly your experience with decommissioning plans and financial reporting.

Highlight Relevant Qualifications: Clearly state your educational background and any relevant qualifications such as MCIPS or CCAB membership. Emphasise your practical commercial management experience and any specific training related to cost management and financial analysis.

Showcase Interpersonal Skills: Since the role requires strong interpersonal skills, provide examples of how you've successfully built relationships with stakeholders and led cross-functional teams. Highlight your negotiation skills and ability to communicate effectively with senior officers.

How to prepare for a job interview at Allstream

✨Understand the Role Thoroughly

Make sure you have a solid grasp of the responsibilities and key accountabilities outlined in the job description. Familiarise yourself with terms like 'cost assurance', 'decommissioning plans', and 'contract management' to demonstrate your knowledge during the interview.

✨Prepare for Technical Questions

Expect questions that delve into your experience with financial analysis, contract management, and cost estimation. Be ready to discuss specific examples from your past roles that showcase your skills in these areas.

✨Showcase Your Interpersonal Skills

Given the emphasis on building relationships with stakeholders, prepare to discuss how you've successfully collaborated with cross-functional teams in the past. Highlight your communication and negotiation skills, as these will be crucial for this role.

✨Demonstrate Your Problem-Solving Abilities

Be prepared to discuss how you've tackled complex financial issues or challenges in previous positions. Use the STAR method (Situation, Task, Action, Result) to structure your responses and clearly illustrate your thought process.

Cost Assurance And Analysis Manager
Allstream
A
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