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- Tasks: Manage cost control and financial reporting for exciting projects.
- Company: Dynamic company in Manchester with a focus on project excellence.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Why this job: Be a key player in delivering impactful financial insights and project success.
- Qualifications: Experience in cost control and strong communication skills required.
- Other info: Great opportunity for career growth into project management roles.
The predicted salary is between 36000 - 60000 £ per year.
This is an excellent opportunity for a cost control professional with strong project controls expertise to play a key role in delivering accurate financial performance reporting across a complex project environment.
The successful candidate will take ownership of cost control for an allocated package of work and act as a key interface between the project team, client stakeholders, and internal management.
Key Responsibilities- Produce accurate and timely cost reports in line with contractual and client requirements.
- Manage all aspects of cost control for an allocated work package, including budgets, commitments, Value of Work Done (VOWD), accrual generation, and forecasting for labour, subcontract, and procurement costs.
- Communicate cost data and financial performance to both client and Worley stakeholders.
- Provide input into and review Project Controls procedures such as invoicing procedures, budget and cost control procedures, accounting and invoicing procedures, and change order procedures, ensuring full compliance with contractual requirements.
- Prepare monthly internal cost reports and finance statements for Worley Management.
- Present and explain month-end financial results to both client and management teams.
- Lead all cost-related activities during project close-out and benchmarking.
- Promote effective collaboration within Project Controls teams, wider project departments, and client representatives.
- Demonstrate commitment to and promote company and project values relating to health and safety, environmental and quality standards, ethics, systems, policies, and procedures.
- Proven industry experience in cost control within a project environment.
- Strong knowledge of cost control and reporting techniques and methodologies.
- In-depth understanding of contract terms and conditions relating to costs, payments, penalties, insurances, guarantees, and physical progress measurement systems.
- Experience managing VOWD, accruals, commitments, and forecasting.
- Strong communication skills with the ability to present financial data to senior stakeholders and clients.
- The desire, attitude, and aptitude to progress into a supporting Project Controls Manager role.
Cost Analyst in Manchester employer: First Technical Recruitment
Contact Detail:
First Technical Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cost Analyst in Manchester
✨Tip Number 1
Network like a pro! Reach out to professionals in the cost control field on LinkedIn or at industry events. We can’t stress enough how important it is to make connections that could lead to job opportunities.
✨Tip Number 2
Prepare for interviews by practising your financial reporting skills. Be ready to discuss your experience with budgets, VOWD, and forecasting. We want you to shine when you explain how you’ve managed costs in previous roles!
✨Tip Number 3
Showcase your communication skills! When you get the chance to present your financial data, make it engaging. We believe that being able to convey complex information clearly is key to impressing both clients and management.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. We’re here to help you land that Senior Cost Analyst role, so take the leap and submit your application today!
We think you need these skills to ace Cost Analyst in Manchester
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Cost Analyst role. Highlight your experience in cost control and project management, and don’t forget to mention any relevant qualifications or certifications that align with what we’re looking for.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Mention specific projects where you’ve successfully managed costs and how you can bring that expertise to our team.
Showcase Your Communication Skills: Since strong communication is key for this role, make sure to demonstrate your ability to present financial data clearly. Use examples from your past experiences where you effectively communicated complex information to stakeholders.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at First Technical Recruitment
✨Know Your Numbers
As a Cost Analyst, you'll need to be comfortable with financial data. Brush up on your cost control techniques and methodologies before the interview. Be ready to discuss how you've managed budgets, VOWD, and forecasting in past projects.
✨Understand the Contract
Familiarise yourself with common contract terms and conditions related to costs. This will help you demonstrate your understanding of the role's requirements and show that you can navigate complex contractual landscapes effectively.
✨Communicate Clearly
Strong communication skills are essential for this position. Practice explaining financial concepts in simple terms, as you'll need to present data to both clients and management. Consider preparing a few examples of how you've successfully communicated complex information in the past.
✨Show Your Team Spirit
Collaboration is key in project environments. Be prepared to discuss how you've worked with different teams and stakeholders. Highlight any experiences where you promoted effective teamwork or resolved conflicts, as this will showcase your ability to fit into their culture.
