At a Glance
- Tasks: Support cost control and budget management for key service contracts in the energy sector.
- Company: Leading energy company with a focus on innovation and sustainability.
- Benefits: Competitive salary, career development opportunities, and a dynamic work environment.
- Other info: Ideal for those looking to grow in finance and cost control within a reputable organisation.
- Why this job: Join a vital team ensuring financial governance and making a real impact in the energy industry.
- Qualifications: Experience with SAP, strong analytical skills, and attention to detail required.
The predicted salary is between 35000 - 45000 £ per year.
Morson are recruiting on behalf of a leading energy company for an experienced Cost controller to join their Finance team in Barrow-in-Furness.
Yoou will be responsible for supporting the Cost Control Lead in providing control to budget holders supporting cost control of key services contracts and assuring the procure to pay process is being followed and for supporting all elements of procurement, variation control, time-writing and cost forecasting to ensure proactive cost management and alignment with workscope requirements as well as provide SAP administration support.
- Working closely with the Cost Control Lead, the Cost Controller will be responsible to
- Deliver cost reporting and cost control on nominated categories of spend and create baselines.
- Support the preparation of monthly accruals and OPEX forecasts, maintaining cost trackers to support month-end close
- Extract and analyse SAP data, including Value of Work Done (VOWD), liaising with JREs (Job Responsible Engineers) and Finance teams
- With support provide variance analysis to baselines, control estimates, business plan and monthly forecasts.
- Support the cost control lead in the review of monthly contract cost reports against Business Plan, analysing variances and highlighting waste, risks, and errors
- Conduct timewriting analysis across operated assets, following up on late or missing timesheet entries
- Support the P2P process
- Review and raise and manage Purchase Requestions
- Review and maintain Purchase Orders, ensuring accuracy, relevance, and timely closure of completed POs
- Provide assurance on newly raised POs, verifying correct coding and adherence to Procure-to-Pay processes
- Raise and process service entries for invoices and proformas in SAP
- Review Change Order requests to ensure Purchase Order (PO) uplifts are approved prior to work commencement
- Support the review of the rental hire usage to identify and reduce unnecessary spend
- Participate in internal and supplier meetings to support cost control and financial governance
- Any other associated duties as reasonably required
- Competence & Qualifications
- Previous experience in SAP
- Competent in Microsoft excel
- Good numerical and analytical skills
- Close attention to detail
- HNC in Business Management or a developing professional
- Some experience in Finance, Cost Control or Commercial Administration, with a preference for a candidate with experience ideally in Operator and Contractor organisations in the Oil and Gas sector desirable
- Previous experience in the Budgeting, Forecasting, and Cost Control and Procure to Pay process desirable
- TPBN1_UKTJ
Cost Controller employer: All The Top Bananas
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StudySmarter Expert Advice🤫
We think this is how you could land Cost Controller
✨Tip Number 1: Tap Into Professional Networks
The finance world loves a good connection, so jump into industry-specific groups on platforms like LinkedIn where you can find discussions on financial controlling. Engaging in these communities can expose you to hidden job leads that aren't openly advertised!
✨Tip Number 2: Attend Finance Events and Conferences
Make it a mission to attend finance-related events and conferences, even virtual ones! This is a golden opportunity to network face-to-face with people from companies like All The Top Bananas. You never know who might be your next boss or a crucial contact!
✨Tip Number 3: Showcase Your Expertise
Consider writing articles or sharing insights related to financial controlling or industry trends. Publish these on platforms like LinkedIn to establish yourself as a knowledgeable player in the field. This not only increases your visibility but also catches the attention of recruiters from All The Top Bananas.
✨Tip Number 4: Apply Directly on Company Websites
Since you're going for a full-time gig, don't forget to keep an eye on the careers page of companies you're interested in, like All The Top Bananas. Many companies prefer candidates who apply through their website as it shows genuine interest and makes your application stand out!
We think you need these skills to ace Cost Controller
Some tips for your application 🫡
Show Off Your Numbers Game:In financial controlling, detail is everything! Make sure your CV showcases your proficiency with numbers—highlight any relevant experience in budgeting, forecasting, or working with financial software. Quantifying your past achievements will make you stand out, so don’t be shy about flaunting those impressive percentages or cost savings you've implemented.
Tailored Cover Letter is Key:Your cover letter is a chance to shine, especially for a full-time role. Use it to express your genuine interest in All The Top Bananas and the specific impact you hope to make in financial controlling. Mention any relevant qualifications or experiences that align with the company’s goals, and don’t forget to show that you're ready for a long-term commitment!
Certifications Matter:List relevant certifications such as ACCA or CIMA on your CV. These qualifications not only showcase your dedication to the field but also your technical competence in financial principles. If you have any ongoing training or courses, make sure to mention those as well to demonstrate your commitment to continual learning in financial controlling.
Don’t Overlook Soft Skills:While numbers are crucial, so are those soft skills! Financial controllers need strong communication and analytical reasoning abilities. We recommend embedding examples of these skills in your CV and cover letter, like how you’ve successfully delivered financial reports to stakeholders or collaborated with teams to improve processes. Let’s show All The Top Bananas how you can be a team player!
How to prepare for a job interview at All The Top Bananas
✨Brush Up on Technical Skills
Make sure you're comfortable with key financial concepts, especially around forecasting, budgeting, and variance analysis. Sometimes, interviewers may throw in technical questions or case studies, so practicing these types of scenarios will help you shine!
✨Showcase Your Financial Acumen
If you've had experience with specific financial software like SAP or Oracle, make it known! Be ready to discuss how you used these tools to improve processes or reporting, as this hands-on knowledge can really set you apart in a full-time role with All The Top Bananas.
✨Know Your Numbers
In full-time interviews, especially in financial controlling, be prepared for numerical reasoning tests or questions. Brush up on your mental maths and understand how to interpret and analyse financial statements on the spot, as this may come up during the assessment.
✨Connect with Company Goals
Familiarise yourself with All The Top Bananas's financial objectives and any recent developments. During the interview, try to weave your understanding of their business model and challenges into your answers—this shows your genuine interest and alignment with their goals!
