At a Glance
- Tasks: Manage project costs, budgets, and financial performance across the UK.
- Company: Join a dynamic team focused on financial efficiency and collaboration.
- Benefits: Competitive salary, bonuses, pension plan, and health benefits.
- Why this job: Make a real impact on project success while advancing your career.
- Qualifications: Strong analytical skills and experience in cost management.
- Other info: Enjoy a collaborative work environment with growth opportunities.
The predicted salary is between 36000 - 60000 £ per year.
As a Cost Manager, you will be part of a small but strong team dedicated to planning, controlling, and monitoring project costs across the UK. You will play a key role in ensuring financial efficiency, managing budgets, forecasting costs, and keeping projects aligned with financial objectives.
Your tasks and responsibilities will be as follows:
- Establish and develop cost account systems (i.e. Material, Labor, Third Party Workers) for Projects and internal orders, including Billings, project maintenance in SAP (Project setup, Closure, Cost Centre Set up).
- Maintain annual standard calculations schemes for material, labor, and overhead, and provide cost calculation base for product/project pricing.
- Track and maintain Actual cost compared to planned cost on project and analyse variances.
- Prepare regular reports for internal stakeholders.
- Assist in internal and external Audits.
- Ensure coherence with superior Controlling standards, policies and procedures, adopting respective processes.
- Ensure planning, monitoring and reviews of Projects budget, and provide and comment on Actual vs. Plan reports.
- Monitor financial performance, provide KPI analysis, and prepare and comment on respective performance reporting and forecasts.
- Ensure proper revenue and cost controlling, and design and maintenance of underlying planned cost in account systems.
- Analyse, prepare, approve and review Cost Centre expenditures, and provide respective reporting.
- Oversee the day-to-day controlling and financial analysis operations.
- Gather and consolidate budget data and monitor Actual vs. Plans comparisons.
- Prepare regular business reports, checking for accuracy and completeness.
- May carry out ad-hoc analyses and profitability calculations.
- Support evaluations of assets and liabilities.
Benefits:
- Competitive salary and performance-based bonuses.
- Pension plan with company contribution.
- Simply Health benefit.
- Opportunities for professional development and career advancement.
- A dynamic and collaborative work environment.
Cost Manager in Milton Keynes employer: Körber Supply Chain Limited
Contact Detail:
Körber Supply Chain Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cost Manager in Milton Keynes
✨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 understanding their financial objectives. Be ready to discuss how your skills in cost management can help them achieve their goals. Show them you mean business!
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or family to build confidence. Focus on articulating your experience with budgeting, forecasting, and financial analysis clearly and concisely.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Cost Manager in Milton Keynes
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Cost Manager role. Highlight your experience with budgeting, cost tracking, and financial analysis. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about cost management and how you can contribute to our team. Keep it concise but impactful.
Showcase Relevant Experience: When detailing your work history, focus on roles where you've managed budgets or conducted financial analyses. We love seeing concrete examples of how you've added value in previous positions.
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. Plus, it’s super easy!
How to prepare for a job interview at Körber Supply Chain Limited
✨Know Your Numbers
As a Cost Manager, you'll need to demonstrate your financial acumen. Brush up on key financial metrics and be ready to discuss how you've managed budgets in the past. Prepare examples of how you've tracked costs versus plans and any variances you've analysed.
✨Familiarise Yourself with SAP
Since the role involves project maintenance in SAP, it’s crucial to show your familiarity with this system. If you’ve used SAP before, be prepared to share specific instances where you set up projects or managed cost centres. If not, do some research to understand its functionalities.
✨Prepare for Scenario Questions
Expect questions that ask you to solve hypothetical problems related to cost management. Think about how you would handle budget overruns or discrepancies between actual and planned costs. Practising these scenarios can help you articulate your thought process clearly.
✨Showcase Your Reporting Skills
The job requires preparing regular reports for stakeholders, so be ready to discuss your experience with reporting. Bring examples of reports you've created, focusing on accuracy and clarity. Highlight how your reports have influenced decision-making in previous roles.