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- Tasks: Analyse costs, prepare financial reports, and support project teams in Birmingham's construction sector.
- Company: Dynamic infrastructure company focused on commercial finance and project delivery.
- Benefits: Competitive salary, career development opportunities, and a supportive team environment.
- Why this job: Join a growing team and make an impact in the exciting world of construction finance.
- Qualifications: Degree in Finance or related field; experience in cost control is a plus.
- Other info: Perfect for self-motivated individuals eager to enhance their analytical skills.
The predicted salary is between 28800 - 38400 £ per year.
We are recruiting a Cost Analyst to support the commercial function across a portfolio of construction/infrastructure projects based in Birmingham. The role will focus on delivering accurate cost reporting, financial analysis, and forecasting, supporting project teams and senior commercial manager with high-quality financial information. You will be responsible for monitoring project costs, maintaining financial controls, and ensuring compliance with governance and change control processes throughout the project lifecycle.
This role is ideal for candidates with experience in a project-based, cost-focused environment who are looking to develop their career within commercial finance and infrastructure delivery.
Key Responsibilities- Prepare and present monthly and periodic financial reports across multiple projects.
- Analyse actual costs versus budgets and forecasts, identifying variances, risks, and trends.
- Support programme and project managers with cost analysis and financial performance insight.
- Produce ad hoc financial and cost reports to support operational and commercial decision-making.
- Contribute to project forecasting, cost tracking, and change control processes.
- Prepare and post monthly cost journals, accruals, and adjustments to ensure accurate project financial reporting.
- Assist with budget setting, cost planning, and business plan preparation, liaising with stakeholders.
- Manage the day-to-day financial aspects of project contracts, ensuring spend remains within approved budgets.
- Monitor commitments, accruals, and cost movements to ensure accurate cost capture.
- Ensure compliance with financial governance, approval frameworks, and internal controls.
- Support and participate in monthly project performance reviews, challenging variances where required.
- Support commercial finance management across a range of infrastructure projects.
- Build effective relationships with project, commercial, and operational teams.
- Promote financial awareness and cost discipline across the organisation.
- Provide clear and timely financial information to support decision-making.
- Manage reconciliation, reporting, and analysis of project financial data.
- Maintain accurate financial records to support audits and internal reviews.
- Accurately manage large sets of financial data, adding to journals, and adding customer codes to the spreadsheets of over 30,000 customers.
- Educated to degree level or equivalent in Finance, Business, Construction, Engineering, or a related discipline.
- Experience working in a project-based or cost control environment (infrastructure, construction, engineering, or similar).
- Strong Excel skills, including formulas, functions, and data analysis.
- Understanding of commercial finance, cost management, and project controls.
- Strong analytical and problem-solving skills with high attention to detail.
- Confident communicator with the ability to engage effectively with stakeholders at all levels.
- Self-motivated, proactive, and able to identify opportunities for process improvement.
To apply, please submit your CV. A consultant will contact you to discuss your experience, transferable skills, and availability for interview.
Cost Analyst in London employer: CV Bay Ltd
Contact Detail:
CV Bay Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cost Analyst in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the construction and finance sectors. Attend industry events or join relevant online groups. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by practising common questions related to cost analysis and financial reporting. Use real-life examples from your experience to showcase your skills. Remember, confidence is key!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your career goals. Check out our website for openings that match your skills and interests. Tailor your approach to each role for better chances!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can leave a lasting impression. It shows your enthusiasm for the role and keeps you on their radar. Plus, it’s a great way to reiterate your fit for the position!
We think you need these skills to ace Cost Analyst in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Cost Analyst role. Highlight your experience in financial reporting, cost control, and any relevant projects you've worked on. We want to see how your skills match what we're looking for!
Showcase Your Excel Skills: Since strong Excel skills are a must-have for this role, don’t forget to mention your proficiency with formulas, functions, and data analysis. If you’ve used Excel in previous roles, give us some examples of how you’ve leveraged it to drive results.
Be Clear and Concise: When writing your application, keep it clear and to the point. Use bullet points where possible to make it easy for us to read. We appreciate straightforward communication, especially when it comes to financial information!
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to submit all the necessary documents in one go. Plus, it helps us keep track of your application!
How to prepare for a job interview at CV Bay Ltd
✨Know Your Numbers
As a Cost Analyst, you'll be dealing with financial data all the time. Brush up on your Excel skills and be ready to discuss how you've used them in past roles. Be prepared to explain how you analyse costs versus budgets and any tools or methods you use for forecasting.
✨Understand the Projects
Familiarise yourself with the types of construction and infrastructure projects the company is involved in. Research their recent projects and be ready to discuss how your experience aligns with their needs. This shows you're genuinely interested and can hit the ground running.
✨Prepare for Scenario Questions
Expect questions that ask how you'd handle specific situations, like managing budget overruns or presenting financial reports. Think of examples from your past experience where you successfully navigated similar challenges, and be ready to share those stories.
✨Build Rapport with Stakeholders
Since the role involves working closely with various teams, think about how you can demonstrate your communication skills. Prepare examples of how you've built relationships with stakeholders in previous roles and how you promoted financial awareness within a team.
