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For Companies At a Glance
- Tasks: Support finance by reviewing invoices, analysing contracts, and managing data.
- Company: Dynamic finance team in Leeds City Centre with a hybrid working model.
- Benefits: Competitive salary, flexible working, and opportunities for career growth.
- Why this job: Join a vital role in finance and make an impact on cost management.
- Qualifications: Attention to detail and strong analytical skills are essential.
- Other info: Collaborative environment with opportunities to learn and develop.
The predicted salary is between 24000 - 30000 £ per year.
As a key member of the Costing Analyst team, you will play an important role in supporting the finance function and ensuring contract information is accurately interpreted, maintained, and reported. This position involves working closely with internal stakeholders, clients, and third parties to ensure financial data is correct, compliant, and aligned with contractual obligations.
Key Responsibilities
- Invoice Review & Payment Support: Review incoming invoices, validate accuracy, and provide guidance on payment approvals or queries.
- System Updates: Update internal systems with accurate payment and cost information, ensuring data integrity and consistency.
- Contract & Legal Document Analysis: Review and analyse provisions within client contracts and legal documents, checking the recoverability of costs and identifying obligations or variances.
- Data Analysis: Interpret data from spreadsheets, documents, and external sources to identify cost variances, trends, and exceptions. Compile findings into clear reports.
- Cost Variance Identification: Examine spreadsheets and financial documents to highlight discrepancies and report insights to the wider team.
- Third-Party Coordination: Request required data from third parties, raise queries, follow up on inconsistencies, and negotiate resolutions where necessary.
- Reporting & Communication: Prepare and update schedules, produce financial reports, and communicate with clients via email, telephone, teams, and face-to-face meetings.
- Database Management: Maintain accurate and up-to-date databases to support financial tracking and audit trails.
- Ad Hoc Support: Carry out additional tasks as required to support the finance and contract management teams.
If you’re interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now. If this job isn’t quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.
Cost Administrator in Leeds employer: Hays
Contact Detail:
Hays Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cost Administrator in Leeds
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector and let them know you're on the hunt for a Cost Administrator role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your financial data analysis skills. Be ready to discuss how you've handled invoice reviews or cost variance identification in the past. We want to see you shine!
✨Tip Number 3
Don’t just apply anywhere—focus on companies that align with your values and career goals. Check out our website for roles that fit your skills, like the Cost Administrator position, and make sure to tailor your approach to each one.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in showing your enthusiasm for the role. Plus, it keeps you fresh in their minds as they make their decision.
We think you need these skills to ace Cost Administrator in Leeds
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Cost Administrator role. Highlight relevant experience and skills that match the job description, especially around finance and data analysis. We want to see how you can bring value to our team!
Craft a Catchy Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Be sure to mention your understanding of contract management and financial reporting, as these are key aspects of the job.
Showcase Your Attention to Detail: As a Cost Administrator, attention to detail is crucial. In your application, provide examples of how you've successfully managed data accuracy or resolved discrepancies in the past. This will show us you’re the right person for the job!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications better and ensures you don’t miss out on any important updates from us. Let’s get started on this journey together!
How to prepare for a job interview at Hays
✨Know Your Numbers
As a Cost Administrator, you'll be dealing with financial data all the time. Brush up on your understanding of cost analysis and invoicing processes. Be ready to discuss how you've handled similar tasks in the past and any tools you’ve used to manage financial data.
✨Understand the Contracts
Familiarise yourself with common contractual terms and obligations. During the interview, demonstrate your ability to interpret contract provisions and how you would approach identifying cost recoverability. This shows you’re not just a numbers person but also understand the legal side of things.
✨Data Integrity is Key
Highlight your attention to detail when it comes to maintaining accurate databases and financial records. Prepare examples of how you've ensured data integrity in previous roles, as this will resonate well with the hiring team who values accuracy.
✨Communication Skills Matter
Since the role involves liaising with clients and third parties, be prepared to showcase your communication skills. Think of instances where you’ve successfully resolved queries or negotiated solutions. This will illustrate your ability to work collaboratively and effectively.
