At a Glance
- Tasks: Manage contracts and budgets for impactful capital projects in a collaborative environment.
- Company: Join Anglian Water, a leader in sustainable water management.
- Benefits: Enjoy flexible working, competitive salary, private healthcare, and generous leave.
- Other info: Be part of a dynamic team with clear pathways for progression.
- Why this job: Make a real difference in your community while developing your career.
- Qualifications: Experience in commercial management and strong financial skills required.
The predicted salary is between 43000 - 43000 £ per year.
Salary Circa £43k, salary depending on skills and experience.
Permanent position based in Peterborough Office / Hybrid working. Full time, 37 hours a week.
Anglian Water offers a flexible approach, allowing you to work from home and from an Anglian Water office. Your base location would be Thorpewood House in Peterborough.
Central Services is a newly formed team at Anglian Water, dedicated to delivering safe, professional, collaborative and cost-effective maintenance and engineering support across the business. We play a vital role in helping the company achieve its strategic goals by providing a wide range of services—from statutory compliance, facilities and estate management to project delivery and technical support. Our portfolio also includes fleet and logistics management, plant services, and champions continuous learning and development. Collaboration and high standards are at the heart of everything we do.
Join our team and play a key role in supporting the financial and commercial performance of Capital Projects at Anglian Water. We’re looking for a commercially focused Cost Manager to help monitor and manage the performance of current and future programmes of work. This role involves working closely with key stakeholders to ensure services are delivered in line with agreed Key Performance Measures, pricing schedules, and contractual obligations. You’ll contribute to financial planning and forecasting, help identify and manage risks and opportunities, and support accurate, timely reporting. You’ll assist in preparing documentation for performance and commercial review meetings, ensuring robust commercial assurance around supplier payments and contract compliance. You’ll also support the delivery of project parcels, ensuring adherence to Health & Safety standards, while contributing to the effective management of contract variations, asset data integrity, and supplier performance monitoring.
This is an exciting opportunity to be part of a high-impact team, helping to drive service excellence and commercial value across a diverse portfolio of capital works.
Key Responsibilities:- Commercial Management: Support the preparation, management, and oversight of contracts and estimates, ensuring accuracy, compliance, and alignment with NEC3 contract and other framework standards. Collaborate closely with delivery teams to track actual costs, produce live forecasts, and analyse variances to drive commercial efficiency across capital projects.
- Financial Management: Assist with budgeting, forecasting, and financial reporting for capital (and where appropriate, operational) projects. Support accruals, work order closures, and ensure compliance with Purchase-to-Pay processes. Maintain accurate data in financial systems (SAP) and ensure supplier payments are processed in line with contractual terms.
- Performance Monitoring: Track and report on contractor and programme performance against KPIs. Attend site meetings to support output validation and ensure timely delivery. Contribute to audits and work closely with internal and external stakeholders to ensure service delivery standards are consistently met or exceeded.
As a valued employee, you’ll be entitled to:
- Personal private health care
- 26 days annual leave – rising with length of service
- Flexible working
- Competitive pension scheme – Anglian Water double-matches your contributions up to 6%
- Bonus scheme
- Flexible benefits to support your wellbeing and lifestyle.
- Proven experience in a commercial or contract management role, ideally within capital projects
- Strong understanding of commercial contracts, including service level agreements, pricing schedules, and NEC forms of contract
- Familiarity with budgeting, forecasting, and financial reporting processes
- Experience working with capital finance and governance procedures
- High level of numeracy, financial awareness, and attention to detail
- Proficiency in Microsoft Office, particularly Excel
- Knowledge of procurement and sourcing processes
- Experience engaging and communicating with a wide range of stakeholders
- Working knowledge of key systems such as SAP, Power BI, M2i, and P2P processes
- Relevant Health & Safety awareness or qualifications
- Degree-qualified in Quantity Surveying, Finance, or a related field, ideally working towards professional membership (e.g. RICS, CIOB, ICE)
- Understanding of water supply and water recycling processes is advantageous.
This is a fantastic opportunity to join Anglian Water as a Cost Manager, where you’ll play a vital role in delivering high-value capital projects that directly impact the environment and the communities we serve. You’ll work at the heart of our commercial and delivery teams, shaping how we manage budgets, forecasts, and supplier performance across a diverse and evolving project portfolio. You'll gain hands-on experience with NEC contracts, financial systems like SAP, and industry-leading practices—while working alongside experienced professionals who are passionate about collaboration, sustainability, and innovation.
At Anglian Water, we offer more than just a job. We’re committed to supporting your development, recognising your contributions, and helping you grow professionally. You’ll benefit from a flexible, inclusive culture with clear pathways for progression—and the satisfaction of knowing your work makes a real difference every day.
Closing date: 26th July 2026
Cost Manager in Peterborough employer: awg
Anglian Water is an exceptional employer that champions innovation and sustainability in the water industry. With a flexible hybrid working model based in Peterborough, employees enjoy a supportive work culture that prioritises personal growth and well-being, alongside competitive benefits such as private healthcare and a generous pension scheme. Joining our team means being at the forefront of transformative environmental projects, collaborating with global experts, and making a meaningful impact on the future of water resource management.
StudySmarter Expert Advice🤫
We think this is how you could land Cost Manager in Peterborough
✨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!
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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 awg. You never know who might be your next boss or a crucial contact!
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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 awg.
✨Tip Number 4: Apply Directly on Company Websites
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We think you need these skills to ace Cost Manager in Peterborough
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 awg 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 awg how you can be a team player!
How to prepare for a job interview at awg
✨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 awg.
✨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 awg'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!
