Costing Manager II (EMEA or LATAM) in Leeds

Costing Manager II (EMEA or LATAM) in Leeds

Leeds Full-Time 50000 - 65000 £ / year (est.) Home office (partial)
Fortrea

At a Glance

  • Tasks: Support costing directors in delivering clinical study costings and liaise with various functional roles.
  • Company: Join a leading organisation in the clinical research industry with a focus on innovation.
  • Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
  • Other info: Collaborative team culture with mentoring opportunities and career advancement.
  • Why this job: Make a real impact in clinical studies while developing your skills in a dynamic environment.
  • Qualifications: Bachelor's degree preferred; experience in budgeting and finance is a plus.

The predicted salary is between 50000 - 65000 £ per year.

The Costing Manager is a position that sits within the Costing Department, as part of the ECS group. The role is primarily charged with supporting the Costing Directors in the delivery of clinical study costings and will predominantly liaise with the Costing Directors on a daily basis. Interactions with other functional roles from Strategy and Planning, Therapeutic Area Business Units, Project Management Centre of Excellence, Client Services, Business Development, Global Site Services, Biometrics, Drug Safety and Global Regulatory Services will also be necessary in accomplishing the job.

Responsibilities:

  • Serves as a Costing Manager and supports the costing department to ensure clear alignment of project costings to customized delivery strategy by performing but not limited to the following tasks:
  • Review RFP scope and specs and initiate the costing process by initial update of the pricing tool and ensure that this is updated and accurate on an ongoing basis during the cost finalization process.
  • Review, update and adjust the initial system generated default budget independently or after feedback and direction from costing director/s and other stakeholders.
  • Attend all team meetings during the RFP process like but not limited to risk assessment for RBQM, strategy, pricing specification, pricing delivery or challenge call, senior management call and bid defense preparation.
  • Lead and deliver the full proposal, ballpark, abbreviated response, letter and/or re-cost estimates by accomplishing the complete RFP process independently or by supporting the assigned Costing Director/s as per triage.
  • Deliver individually or under supervision from the Costing Director and manage all delegated aspects of costing compilations for RFP responses and non-compete awarded projects.
  • If required, create and deliver the customized monitoring strategy using the monitoring calculator. Finalize and apply to the costing and if required after review and finalization in consultation with costing director/s.
  • Review proposed pass through items and costs for new RFPs and request adjustments if required to ensure accurate pass through costs.
  • Review and respond to queries from vendors during RFP phase, review proposed vendor quotes and request adjustments in consultation with costing director/s if required to ensure accurate vendor costs.
  • Support writing and review of the assumptions document included in RFP response to ensure accuracy and alignment with the proposed budget.
  • Support writing and review of RFI response to ensure questions have been accurately addressed and aligned to current business practices as defined in Standard Operating Procedures.
  • Coordinate with key stakeholders like resourcing, senior directors, clinical operations, GCTO to ensure timely assignment of project team.
  • Review and coordinate with pricing to ensure accurate mapping and finalization of client budget grid with WBS codes.
  • Support and contribute to ongoing updates of country/region/client specific costing rules/algorithms by working in close coordination with the costing director/s, regional and country SMEs and other relevant stakeholders.
  • Contribute to the costing director team in any strategic process improvement initiatives.
  • Perform other duties as assigned by management of the Costing Department.
  • Provide mentoring and onboarding trainings to other Costing team and other members of the team.
  • Perform quality check review of completed tasks by Costing Managers like but not limited to monitoring strategy, budget review, Grants, etc.
  • Track the details of Win/Loss opportunities by compiling data on ongoing basis and present it to senior management as and when required.

Experience:

  • Moderate industry knowledge preferred.
  • Experience in budgeting and finance preferred.
  • Good communication skills.
  • Good time management skills.
  • Good written and verbal communication.
  • Sound excel experience.
  • Good analytical skills.
  • Demonstrated ability to work remotely.
  • A Starter and completer.

Education/Qualifications:

  • Bachelor's degree in life science or business field preferred.

Costing Manager II (EMEA or LATAM) in Leeds employer: Fortrea

As a Costing Manager II at our company, you will thrive in a dynamic and collaborative work environment that values innovation and professional growth. We offer competitive benefits, including flexible working arrangements and opportunities for continuous learning, ensuring that you can develop your skills while contributing to impactful clinical studies. Join us in a location that fosters a strong sense of community and teamwork, making it an excellent place to build a rewarding career.

Fortrea

Contact Details:

Fortrea Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Costing Manager II (EMEA or LATAM) in Leeds

Tip Number 1

Network like a pro! Reach out to folks in the industry, especially those who work in costing or related roles. A friendly chat can lead to insider info about job openings that aren’t even advertised yet.

Tip Number 2

Prepare for interviews by practising common questions and scenarios related to costing management. We recommend role-playing with a friend or using mock interview tools to boost your confidence.

Tip Number 3

Showcase your skills! Bring along examples of your past work, like budgets or proposals you've created. This will help you stand out and demonstrate your expertise in costing.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team.

We think you need these skills to ace Costing Manager II (EMEA or LATAM) in Leeds

Costing Management
Budgeting
Financial Analysis
RFP Process Management
Communication Skills
Time Management
Excel Proficiency

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Costing Manager role. Highlight relevant experience in budgeting, finance, and any specific projects that align with the responsibilities mentioned in the job description.

Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this position. Use it to showcase your communication skills and how your background aligns with the needs of the Costing Department.

Showcase Your Analytical Skills:Since the role requires good analytical skills, make sure to include examples of how you've used these skills in past roles. This could be through budgeting, cost analysis, or project management.

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role without any hiccups!

How to prepare for a job interview at Fortrea

Know Your Costing Inside Out

Make sure you understand the costing process thoroughly. Familiarise yourself with the key responsibilities of the role, such as reviewing RFP scopes and updating pricing tools. Being able to discuss specific examples from your past experience will show that you're ready to hit the ground running.

Brush Up on Your Communication Skills

Since this role involves liaising with various stakeholders, practice articulating your thoughts clearly. Prepare to discuss how you've effectively communicated in previous roles, especially when it comes to complex topics like budgeting and finance.

Demonstrate Your Analytical Prowess

Be ready to showcase your analytical skills during the interview. You might be asked to solve a problem or analyse a scenario related to costing. Think about how you can present your thought process clearly and logically.

Prepare Questions for Them

Interviews are a two-way street! Prepare insightful questions about the company's approach to costing and how they handle project management. This shows your genuine interest in the role and helps you assess if it's the right fit for you.