Cost Management Specialist - (Job Number: 008201) in Coventry

Applications from anywhere within our networks will be considered – you will be expected to travel around the networks as and when required.

Salary and Role Summary

Salary: £39,742 – £46,755 determined by a competency-based framework. Please note that we have a 12.84% pay increase agreed across the business, effective from 1 st July 2023.

Our networks span the following regions: West Midlands, East Midlands, East of England and North West. We have an exciting new opportunity to join our Commercial Directorate as a Cost Management Specialist. As a Cost Management Specialist you will report directly into the Head of Commercial and will support in providing cost and commercial cost challenge across Cadent\’s operations.

Responsibilities

• Being passionate about Cost Management you will use your expertise to engage with our internal and external colleagues to support the delivery of regulatory and business objectives whilst identifying root causes of business performance issues and developing related process review/improvement opportunities to ensure business performance goals are achieved.
• Managing multiple sub‑projects such as: identifying gaps in information; filling those gaps using reliable multiple sources of data; discussing cost efficiency performance with operational area managers; updating and issuing reports on a variety of cost areas in the business including a narrative; engaging with internal and external data sources to ensure and improve accurate cost reporting and analysis; carrying out accurate cost reporting to deliver comprehensive information on internal and contractor performance and value; using cost measures and targets for activities to conduct continuous forecasting and monitoring; ensuring costs are managed through reporting, communication, and management processes; auditing and investigating internal activities and contractor activities when required to provide assurance and demonstrate that regulatory reporting is underpinned by effective cost control; engaging with Ops Management to deliver understanding of costs and variance to targets; maintaining and tracking cost efficiency benefits, tangible and non‑tangible across Cadent; maintaining projects in Commercial in consideration of outcomes and deliverables for Cadent.
• We are committed to supporting our employees to get the best out of themselves. For this role in particular we can offer ample opportunity for progression within the business and mentoring and guidance opportunities. We are also working flexibly, if this is something that you are interested in then please don\’t hesitate to contact us to discuss.

Qualifications

• Degree level education or proven experience working in a commercial discipline.
• Working knowledge of HR policies and procedures.
• Strong understanding of commercial processes.
• An ability of identifying and weighing up commercial risk.
• Prior experience of preparing cost analysis and narratives for managers.
• Understanding of engineering surrounding gas works undertakings and technology.
• Understanding the importance of compliance with regulations and contracts.
• Consistently seeks opportunities for process and performance improvement.

Benefits and Opportunities

• Annual bonus.
• Pension scheme double matched up to a total of 12% of salary (i.e., employee contributions of up to 6%, double matched by a Cadent contribution of up to 12%).
• 25 days holiday, plus statutory days, and an option to buy more.
• Fantastic career development prospects with funded learning options, including support with exams, and internal and external learning and development.
• Strong focus on supporting you as an individual including hybrid working, flexible working, strong commitments to ED&I, and generous family provision policies.
• Flexible benefits such as cycle to work scheme, salary sacrifice car scheme, insurance, and healthcare packages, plus much more.
• My Offers membership card – offering discounts and savings from hundreds of retailers.
• Two paid volunteering days per year.
• Free gym access at the Ansty office, and a Gympass scheme providing free or heavily subsidised local gym memberships.

Diversity, Equity & Inclusion

Cadent is committed to being an equitable and diverse employer that fosters an inclusive culture for all our employees. All employment decisions are assessed based on qualifications, merit, and business need. We welcome applicants from all backgrounds and offer reasonable adjustments during the application process. As a recognised Disability Confident Employer, we are proud to champion inclusion in the workplace and provide an environment that is accessible to all staff.

Circle Back Initiative

As an active and proud member of the Circle Back Initiative, we aim to ensure that all candidates receive a response to their application, regardless of the outcome. Applications will be accepted until the specified date above; however Cadent retains the right to close this vacancy early without prior notification, so it is advisable to complete your application at your earliest convenience.

Additional Information

We are the UK\’s biggest gas distribution network, managing more than 80,000 miles of pipes that transport gas to 11 million UK customers. Cadent offers a host of benefits to suit your lifestyle and support your well-being. We want our employees to achieve a healthy work-life balance and are happy to discuss flexible working options with you if the role can accommodate it.