At a Glance
- Tasks: Analyse costs and support commercial decisions across innovative digital projects.
- Company: Join a forward-thinking company committed to social mobility and diversity.
- Benefits: Enjoy 26 days leave, flexible working, private healthcare, and a competitive pension scheme.
- Other info: Great opportunities for personal growth and a supportive team culture.
- Why this job: Make a real impact by optimising costs and improving processes in a dynamic environment.
- Qualifications: Strong understanding of cost analysis and excellent communication skills required.
The predicted salary is between 40000 - 50000 £ per year.
We're looking for a Cost Analyst to provide specialist cost, commercial and financial (non accounting) support across our Digital, Data and Technology (DDaT) frameworks.
Responsibilities
- Ensure cost challenge, value for money and strong commercial governance across complex supplier and delivery frameworks.
- Support tender activity, cost assurance, commercial performance reporting and continuous improvement of commercial processes.
- Act as a subject matter expert, helping teams make informed, value‑focused decisions.
- Support competitive tenders, mini‑competitions, call‑off orders and Best‑for‑Task resourcing within DDaT frameworks.
- Administer cost and commercial processes, ensuring compliance with legislation, policy and framework terms.
- Provide cost and commercial SME input into evaluations, moderation and lessons‑learned activities.
- Support contract administration, cost capture and challenge of cost estimates and change requests.
- Produce financial and cost performance reporting, dashboards and KPIs.
- Support assurance, audit activity and contract compliance across DDaT frameworks.
- Ensure suppliers comply with cost, contractual and reporting requirements.
- Identify opportunities to improve, streamline or automate cost control and reporting processes.
- Support BAU continuity across the wider Commercial Team.
Qualifications
- Strong understanding of cost analysis, commercial and contract management principles.
- Experience supporting tenders, cost control, contract management or framework governance.
- Ability to analyse financial and cost data to identify risks, trends and improvement opportunities.
- Confidence working with internal and external stakeholders, including suppliers.
- Excellent written and verbal communication skills, with the ability to challenge constructively.
- Highly organised and able to deliver quality outputs to tight deadlines.
- Comfortable working autonomously while contributing effectively within a team.
- Proficient in Microsoft Excel, Word and reporting tools.
- Power BI experience (Desirable).
Benefits
- 26 days annual leave plus bank holidays (increasing with length of service).
- Flexible working options.
- Private health care.
- Competitive pension scheme – Anglian Water double‑matches contributions up to 7%.
- Life assurance at eight times your salary.
- Annual bonus.
- Potential funded car allowance depending on evidenced business mileage.
- Personal medical assessments.
- Virtual GP service.
- Cancer screening.
- Financial wellbeing support and salary finance benefits.
- Lifestyle savings including discounts on retail, travel and utilities.
- Employee Assistance Programme.
- Volunteer days.
We are proud signatories of the Social Mobility Pledge, Race at Work Charter and Armed Forces Covenant, and we are a Disability Confident employer.
Cost Analyst in Peterborough employer: Anglian Water Services Ltd
As a Cost Analyst at our company, you will thrive in a supportive and inclusive work culture that prioritises employee wellbeing and professional growth. With flexible working options, comprehensive benefits including private healthcare and a competitive pension scheme, and a commitment to social mobility and diversity, we empower our team members to make meaningful contributions while enjoying a rewarding work-life balance in a dynamic Digital, Data and Technology environment.
Contact Details:
Anglian Water Services Ltd Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Cost Analyst in Peterborough
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We think you need these skills to ace Cost Analyst in Peterborough
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
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How to prepare for a job interview at Anglian Water Services Ltd
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Anglian Water Services Ltd.
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Since this is a full-time position, employers at Anglian Water Services Ltd will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Anglian Water Services Ltd employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
