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- Tasks: Manage project costs, budgets, and financial performance while ensuring accuracy in reporting.
- Company: Join Körber, a global leader in supply chain solutions with over 13,000 employees worldwide.
- Benefits: Enjoy competitive salary, performance bonuses, pension contributions, and health benefits.
- Why this job: Be part of a dynamic team that values collaboration and offers growth opportunities.
- Qualifications: No specific qualifications mentioned; enthusiasm and willingness to learn are key.
- Other info: Diversity is valued; all applicants are welcome regardless of background.
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 calculation schemes for material, labor, and overhead, and provide cost calculation bases for product/project pricing.
- Track and maintain Actual costs compared to planned costs on projects and analyze 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.
- Plan, monitor, and review project budgets, providing and commenting on Actual vs. Plan reports.
- Monitor financial performance, provide KPI analysis, and prepare and comment on respective performance reports and forecasts.
- Ensure proper revenue and cost controlling, and design and maintain underlying planned costs in account systems.
- Analyze, prepare, approve, and review Cost Centre expenditures, providing respective reporting.
- Oversee day-to-day controlling and financial analysis operations.
- Gather and consolidate budget data and monitor Actual vs. Plan comparisons.
- Prepare regular business reports, ensuring accuracy and completeness.
- May carry out ad-hoc analyses and profitability calculations.
- Support evaluations of assets and liabilities.
Competitive salary and performance-based bonuses. Pension plan with company contribution. Simply Health benefits. Opportunities for professional development and career advancement. A dynamic and collaborative work environment.
Cost Manager employer: Körber Supply Chain
Contact Detail:
Körber Supply Chain Recruiting Team
andrea.florez.ext@koerber.com
StudySmarter Expert Advice 🤫
We think this is how you could land Cost Manager
✨Tip Number 1
Familiarise yourself with SAP and other cost management software. Since the role involves project maintenance in SAP, having a solid understanding of this system will give you an edge during interviews.
✨Tip Number 2
Brush up on your financial analysis skills. Being able to demonstrate your ability to track actual costs versus planned costs and analyse variances will be crucial in showcasing your fit for the role.
✨Tip Number 3
Prepare to discuss your experience with budgeting and forecasting. Highlight specific projects where you've successfully managed budgets and how you ensured financial efficiency.
✨Tip Number 4
Network with professionals in the field. Engaging with others who work in cost management can provide insights into the role and may even lead to referrals or recommendations.
We think you need these skills to ace Cost Manager
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Cost Manager. Familiarise yourself with key terms like cost account systems, budget management, and financial performance analysis to tailor your application effectively.
Highlight Relevant Experience: In your CV and cover letter, emphasise any previous experience related to cost management, budgeting, or financial analysis. Use specific examples that demonstrate your ability to manage costs and track financial performance.
Craft a Strong Cover Letter: Your cover letter should not only express your interest in the position but also explain how your skills align with the job requirements. Mention your familiarity with tools like SAP and your experience in preparing financial reports.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial for a role focused on financial accuracy.
How to prepare for a job interview at Körber Supply Chain
✨Understand the Financial Landscape
Familiarise yourself with key financial concepts relevant to cost management, such as budgeting, forecasting, and variance analysis. Be prepared to discuss how you have applied these concepts in previous roles.
✨Showcase Your Analytical Skills
As a Cost Manager, analytical skills are crucial. Prepare examples of how you've tracked costs, analysed variances, and provided insights that led to improved financial performance in past projects.
✨Demonstrate SAP Proficiency
Since the role involves maintaining project data in SAP, be ready to discuss your experience with this software. Highlight any specific projects where you used SAP for cost management or reporting.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities. Think about challenges you've faced in managing project costs and how you overcame them, as well as how you would handle hypothetical situations.