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)
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At a Glance

  • Tasks: Support costing directors in delivering clinical study costings and liaise with various teams.
  • Company: Join a leading company in the clinical research industry with a focus on innovation.
  • Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
  • Other info: Mentorship opportunities and a collaborative team culture await you.
  • 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.

Education/Qualifications

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

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

As a leading employer in the clinical research sector, our company offers a dynamic work environment that fosters collaboration and innovation. With a strong emphasis on employee growth, we provide comprehensive training and mentoring opportunities, ensuring that our Costing Managers are well-equipped to excel in their roles. Located in a vibrant region, we promote a culture of inclusivity and support, making it an ideal place for professionals seeking meaningful and rewarding careers.

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Contact Details:

FTMAI Fortrea Development Ltd Recruitment Team

StudySmarter Expert Advice🤫

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

Tip Number 1

Networking is key! Reach out to professionals in the costing and clinical study fields on LinkedIn. Join relevant groups and participate in discussions to get your name out there and show your expertise.

Tip Number 2

Prepare for interviews by researching the company and its projects. Understand their costing processes and be ready to discuss how your skills can contribute to their success. We want you to shine!

Tip Number 3

Practice your responses to common interview questions, especially those related to budgeting and finance. Use the STAR method (Situation, Task, Action, Result) to structure your answers and demonstrate your experience effectively.

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
Stakeholder Coordination
Communication Skills
Time Management

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 previous roles where you’ve liaised with multiple stakeholders. We want to see how your skills 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 passionate about the role and how your background makes you a great fit. Don’t forget to mention your experience with clinical study costings if you have it!

Show Off Your Communication Skills:Since this role involves a lot of interaction with various teams, make sure to showcase your communication skills in your application. Whether it’s through your writing style or examples of past collaborations, we want to see that you can connect with others effectively.

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining the StudySmarter team!

How to prepare for a job interview at FTMAI Fortrea Development Ltd

Know Your Costing Inside Out

Make sure you understand the costing process thoroughly. Familiarise yourself with the key responsibilities listed in the job description, especially around RFPs and budget management. 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 complex information in previous roles, as well as how you handle feedback and collaboration.

Demonstrate Your Analytical Prowess

Be ready to showcase your analytical skills during the interview. You might be asked to solve a hypothetical costing scenario or discuss how you’ve approached budgeting challenges in the past. Use specific examples to illustrate your problem-solving abilities.

Prepare Questions for Them

Interviews are a two-way street! Prepare insightful questions about the team dynamics, the tools they use for costing, and how success is measured in this role. This shows your genuine interest in the position and helps you assess if it’s the right fit for you.