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- Tasks: Analyse costs, validate payments, and support financial management for contracts.
- Company: Join a leading company committed to diversity and inclusion.
- Benefits: Competitive salary based on skills and experience, with a supportive work environment.
- Other info: Opportunity for growth in a collaborative team atmosphere.
- Why this job: Make a real impact by managing costs in a dynamic manufacturing setting.
- Qualifications: Proficient in Excel, with cost analysis experience and relevant qualifications.
The predicted salary is between 30000 - 40000 £ per year.
Location: Office based in Grangemouth 5 days per week
Salary: Dependent on skills, qualifications and experience
Contract type: Temporary Maternity Cover (PAYE Agency)
ABOUT OUR OPPORTUNITY
The Cost Analyst will be responsible for maintaining a cost control, reporting and auditing system for O&P UK term contracts, providing all cost data, and advice required to financially manage payment applications from contractors.
Key accountabilities
- Analyse, and validate multiple service provider’s applications for payment on a monthly basis to ensure that the correct contract rates within the respective master service agreements are being applied and INEOS spend control rules are being adhered to.
- Carry out contractor commercial audits, validating information provided and ensuring all necessary supporting documentation is available.
- Challenge discrepancies and report to contract owners as necessary.
- Prepare and liaise with term contractors to reach final account agreements to release commitment savings back into budgets.
- Monitor and carry out the closure of purchase orders.
- Lead Service provider commercial performance meetings, developing INEOS / Contractor partnerships to ensure that INEOS meets its commercial obligations.
- Provide cost contractual information and support to ensure service requestors can plan and forecast future spend.
- Analyse and maintain costs data on a monthly basis, providing analysis of historical data to procurement to negotiate future tender assessments when required.
ABOUT YOU
- Ability to manage time effectively and make good quality decisions to achieve targets and objectives within deadlines.
- Proficient in Microsoft Excel (advanced).
- Ability to use, manipulate and organise systems to obtain required data.
- Comfortable with communications at all levels in the organisation.
- Possesses a positive attitude to change / improvement opportunities.
- Appropriate Quantity Surveying/Cost Analyst qualification.
- Experience in cost engineering within a large complex manufacturing environment.
- Familiarity with Maximo/SAP systems.
As an equal opportunity employer, we encourage diversity and are committed to creating an inclusive environment for all employees. We encourage applicants from all protected characteristics and commit to providing any reasonable adjustments required during application, assessment and on-boarding stages.
Location: Grangemouth, United Kingdom
Type: Contract
Posted: 21 April 2026
Closing Date: 05 May 2026
Requisition ID: 1935
Cost Analyst employer: INEOS Belgium
Contact Detail:
INEOS Belgium Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cost Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. 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 researching the company and its projects. Show them you’re not just another candidate; you’re genuinely interested in what they do and how you can contribute as a Cost Analyst.
✨Tip Number 3
Practice your responses to common interview questions, especially those related to cost analysis and financial management. We want you to feel confident and ready to showcase your skills!
✨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, we love seeing candidates who take that extra step.
We think you need these skills to ace Cost Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Cost Analyst role. Highlight your experience with cost control, reporting, and any relevant qualifications. We want to see how your skills match what we're looking for!
Showcase Your Excel Skills: Since proficiency in Microsoft Excel is a must, don’t forget to mention any advanced skills you have. If you've used Excel for data analysis or reporting, let us know how you did it!
Be Clear and Concise: When writing your application, keep it clear and to the point. We appreciate straightforward communication, so make sure your key achievements and experiences stand out without fluff.
Apply Through Our Website: We encourage you to apply through our website for the best chance of being noticed. It’s super easy, and we can’t wait to see your application come through!
How to prepare for a job interview at INEOS Belgium
✨Know Your Numbers
As a Cost Analyst, you'll be dealing with a lot of data. Brush up on your financial analysis skills and be ready to discuss how you've managed costs in previous roles. Be prepared to give examples of how you’ve validated payment applications and ensured compliance with contract rates.
✨Excel is Your Best Friend
Since proficiency in Microsoft Excel is crucial for this role, make sure you can demonstrate your advanced skills. Bring along examples of spreadsheets or reports you've created that showcase your ability to manipulate and organise data effectively.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities. Think about past experiences where you had to challenge discrepancies or conduct audits. Prepare to explain your thought process and the outcomes of those situations.
✨Show Your Communication Skills
This role requires comfortable communication at all levels. Be ready to discuss how you've led meetings or collaborated with contractors in the past. Highlight your ability to build partnerships and ensure everyone is on the same page regarding commercial performance.