Senior Cost Analyst in Manchester

Senior Cost Analyst in Manchester

Manchester Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage cost control for complex projects and produce accurate financial reports.
  • Company: Join Millbank Holdings, a diverse and inclusive employer in Manchester.
  • Benefits: Hybrid work model, competitive salary, and opportunities for career progression.
  • Why this job: Make a real impact by ensuring financial accuracy and supporting project success.
  • Qualifications: Experience in cost control and strong knowledge of financial reporting techniques.
  • Other info: Be part of a supportive team committed to health, safety, and ethical standards.

The predicted salary is between 36000 - 60000 £ per year.

Can you independently manage full cost control responsibilities for complex work packages, including budgets, commitments, VOWD, accruals, and forecasting?

Are you experienced in producing accurate, client-ready cost reports and communicating financial performance to both internal management and external stakeholders?

Do you have strong working knowledge of cost control procedures, contract terms, and project close-out requirements?

The Opportunity

A Senior Cost Analyst is required on a long-term (12+ month) hybrid contract based in Manchester. The role focuses on delivering accurate cost reporting, robust cost control, and effective communication across project teams and client representatives.

Your duties and responsibilities will be:

  • Produce accurate cost reports in line with contractual and client requirements.
  • Manage all aspects of cost control for assigned work packages, including:
  • Budgets
  • Commitments
  • VOWD
  • Accrual generation
  • Forecasting for labour, subcontract, and procurement costs
  • Communicate cost data clearly and confidently to internal and external stakeholders.
  • Contribute to and review project controls procedures (e.g., invoicing, budget and cost control, accounting, change management) to ensure compliance with contractual obligations.
  • Prepare monthly internal cost reporting, including financial statements for management review.
  • Present month-end results to both client and management teams.
  • Lead cost-related elements of project close-out and benchmarking activities.
  • Promote strong working relationships across project controls, wider project teams, and client representatives.
  • Demonstrate commitment to company values and support the delivery of health, safety, environmental, quality, and ethical standards.
  • You will have the following qualifications & experience:

    • Proven industry experience in cost control.
    • Strong knowledge of cost-control and cost-reporting techniques and methodologies.
    • Understanding of contract terms and conditions relating to cost, payments, penalties, insurances, guarantees, and progress measurement systems.
    • A proactive attitude with the capability and ambition to progress into a supporting Project Controls Management role.

    Millbank Holdings Ltd is an equal opportunities employer committed to creating an inclusive and diverse workforce. We welcome applications from all suitably qualified individuals, regardless of background, and encourage candidates from underrepresented groups to apply.

    We are proud to be a member of the Disability Confident Scheme, and we are committed to ensuring an accessible and supportive recruitment process for everyone. If you require any adjustments at any stage, please let us know and we’ll do our best to accommodate.

    Millbank operates as both an Employment Agency and an Employment Business.

    Senior Cost Analyst in Manchester employer: Millbank Holdings

    Millbank Holdings Ltd is an exceptional employer, offering a dynamic work environment in Manchester that fosters professional growth and collaboration. With a strong commitment to inclusivity and diversity, employees benefit from a supportive culture that encourages career advancement and the development of essential skills in cost control and project management. The hybrid working model and focus on health, safety, and ethical standards make it a rewarding place for those seeking meaningful employment.
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    Contact Detail:

    Millbank Holdings Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Senior Cost Analyst in Manchester

    ✨Tip Number 1

    Network like a pro! Reach out to your connections in the industry and let them know you're on the hunt for a Senior Cost Analyst 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 cost control knowledge. Be ready to discuss your experience with budgets, commitments, and forecasting. We want you to showcase how you can manage complex work packages like a champ!

    ✨Tip Number 3

    Don’t forget to follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Plus, it shows your enthusiasm for the role and your commitment to effective communication.

    ✨Tip Number 4

    Check out our website for the latest job openings. Applying directly through us not only gives you a better chance but also keeps you in the loop about any updates or new opportunities that pop up!

    We think you need these skills to ace Senior Cost Analyst in Manchester

    Cost Control
    Budget Management
    Accrual Generation
    Forecasting
    Cost Reporting
    Communication Skills
    Project Close-Out Procedures
    Contract Terms Knowledge
    Change Management
    Financial Analysis
    Stakeholder Engagement
    Analytical Skills
    Proactive Attitude
    Team Collaboration

    Some tips for your application 🫡

    Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in cost control and reporting. Use keywords from the job description to show that you understand what we're looking for.

    Showcase Your Achievements: Don’t just list your responsibilities; share specific examples of how you've successfully managed budgets, forecasts, or cost reports in the past. We love seeing quantifiable results!

    Be Clear and Concise: When writing your application, keep it straightforward and to the point. We appreciate clarity, especially when it comes to communicating complex financial data.

    Apply Through Our Website: For the best chance of getting noticed, make sure to submit your application through our website. It helps us keep everything organised and ensures your application reaches the right people!

    How to prepare for a job interview at Millbank Holdings

    ✨Know Your Numbers

    As a Senior Cost Analyst, you'll need to demonstrate your expertise in cost control. Brush up on key metrics like budgets, commitments, and accruals. Be ready to discuss how you've managed these in past roles, and prepare examples of cost reports you've produced.

    ✨Communicate Clearly

    Effective communication is crucial for this role. Practice explaining complex financial data in simple terms. Think about how you would present month-end results to both clients and management, and be prepared to answer questions about your reports.

    ✨Understand the Contract

    Familiarise yourself with common contract terms related to cost control. Be ready to discuss how you ensure compliance with contractual obligations in your previous roles. This shows that you understand the bigger picture and can navigate the complexities of project controls.

    ✨Show Your Proactive Side

    The job description mentions a proactive attitude. Think of examples where you've taken initiative in your previous positions, whether it was improving processes or leading a project close-out. Highlighting your ambition to progress into a Project Controls Management role will also impress the interviewers.

    Senior Cost Analyst in Manchester
    Millbank Holdings
    Location: Manchester

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