Cost Analyst in Grangemouth

Cost Analyst in Grangemouth

Grangemouth Full-Time 30000 - 40000 € / year (est.) No home office possible
INEOS

At a Glance

  • Tasks: Analyse costs, validate payments, and ensure compliance with service agreements.
  • Company: Join a leading manufacturing company focused on innovation and teamwork.
  • Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
  • Other info: Dynamic workplace with a commitment to diversity and inclusion.
  • Why this job: Make a real impact by optimising costs and improving financial performance.
  • Qualifications: Strong Excel skills and a knack for negotiation; experience in cost analysis is a plus.

The predicted salary is between 30000 - 40000 € per year.

Overview

Hours: 37.5 per week

Location: Office based in Grangemouth 5 days per week

Salary: Dependent on skills, qualifications and experience

Contract type: Temporary Maternity Cover (PAYE Agency)

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

Required:

  • 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.
  • Proven negotiation skills.
  • Possesses a positive attitude to change / improvement opportunities.

Desired:

  • 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.

Cost Analyst in Grangemouth employer: INEOS

At INEOS, we pride ourselves on being an excellent employer, offering a dynamic work environment in Grangemouth where collaboration and innovation thrive. Our commitment to employee growth is evident through ongoing training opportunities and a culture that values diverse perspectives, ensuring that every team member can contribute meaningfully while enjoying a supportive atmosphere. Join us for a rewarding career as a Cost Analyst, where your skills will directly impact our commercial success and operational efficiency.

INEOS

Contact Detail:

INEOS Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Cost Analyst in Grangemouth

Tip Number 1

Networking is key! Reach out to professionals in the industry, attend relevant events, and connect with people on LinkedIn. We can leverage our connections to get insights and maybe even referrals for that Cost Analyst role.

Tip Number 2

Prepare for interviews by practising common questions related to cost analysis and negotiation skills. We should also be ready to discuss our experience with Excel and any relevant software like Maximo or SAP. Confidence is crucial!

Tip Number 3

Showcase your analytical skills during interviews. Bring examples of how you've validated data or improved processes in previous roles. We want to demonstrate our ability to manage costs effectively and make informed decisions.

Tip Number 4

Don’t forget to apply through our website! It’s a great way to ensure your application gets noticed. Plus, we can keep track of our applications and follow up easily if needed.

We think you need these skills to ace Cost Analyst in Grangemouth

Cost Analysis
Contract Management
Commercial Auditing
Microsoft Excel (Advanced)
Data Manipulation
Negotiation Skills
Time Management

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Cost Analyst role. Highlight your experience with cost analysis, Excel skills, and any relevant qualifications. We want to see how your background fits 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 experiences that relate to the job description and show us your enthusiasm for joining our team.

Showcase Your Skills:Don’t forget to highlight your negotiation skills and ability to manage time effectively. These are key for the Cost Analyst position, so give us examples of how you've used these skills in past roles.

Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves!

How to prepare for a job interview at INEOS

Know Your Numbers

As a Cost Analyst, you'll be dealing with numbers all day. Brush up on your Excel skills and be ready to discuss how you've used data analysis in previous roles. Prepare examples of how you've validated costs or challenged discrepancies in the past.

Understand the Role

Make sure you fully understand the key accountabilities listed in the job description. Be prepared to explain how your experience aligns with tasks like managing contractor audits or leading performance meetings. This shows you're not just interested in the role, but that you’re genuinely invested in making an impact.

Showcase Your Negotiation Skills

Negotiation is a big part of this role, so think of specific instances where you've successfully negotiated terms or resolved conflicts. Be ready to discuss your approach and the outcomes. This will demonstrate your ability to handle the commercial aspects of the job effectively.

Ask Insightful Questions

Prepare some thoughtful questions about the company’s cost management strategies or how they measure success in this role. This not only shows your interest but also gives you a chance to assess if the company culture aligns with your values, especially regarding their commitment to diversity and inclusion.