At a Glance
- Tasks: Support cost control and budget management for key service contracts in a leading energy company.
- Company: Join a top energy firm with a focus on innovation and teamwork.
- Benefits: Competitive salary, career development opportunities, and a dynamic work environment.
- Other info: Great opportunity for growth in the energy sector with a supportive team.
- Why this job: Make a real impact in cost management while working with industry experts.
- Qualifications: Experience with SAP, strong Excel skills, and a keen eye for detail.
The predicted salary is between 35000 - 45000 £ per year.
Morson are recruiting on behalf of a leading energy company for an experienced Cost Controller to join their Finance team in Barrow-in-Furness. You will be responsible for supporting the Cost Control Lead in providing control to budget holders, supporting cost control of key services contracts and assuring the procure to pay process is being followed. You will also support all elements of procurement, variation control, time-writing and cost forecasting to ensure proactive cost management and alignment with workscope requirements, as well as provide SAP administration support.
Working closely with the Cost Control Lead, the Cost Controller will be responsible to:
- Deliver cost reporting and cost control on nominated categories of spend and create baselines.
- Support the preparation of monthly accruals and OPEX forecasts, maintaining cost trackers to support month-end close.
- Extract and analyse SAP data, including Value of Work Done (VOWD), liaising with JREs (Job Responsible Engineers) and Finance teams.
- Provide variance analysis to baselines, control estimates, business plan and monthly forecasts.
- Support the cost control lead in the review of monthly contract cost reports against Business Plan, analysing variances and highlighting waste, risks, and errors.
- Conduct timewriting analysis across operated assets, following up on late or missing timesheet entries.
- Support the P2P process.
- Review and raise and manage Purchase Requisitions.
- Review and maintain Purchase Orders, ensuring accuracy, relevance, and timely closure of completed POs.
- Provide assurance on newly raised POs, verifying correct coding and adherence to Procure-to-Pay processes.
- Raise and process service entries for invoices and proformas in SAP.
- Review Change Order requests to ensure Purchase Order (PO) uplifts are approved prior to work commencement.
- Support the review of the rental hire usage to identify and reduce unnecessary spend.
- Participate in internal and supplier meetings to support cost control and financial governance.
- Any other associated duties as reasonably required.
Competence & Qualifications:
- Previous experience in SAP.
- Competent in Microsoft Excel.
- Good numerical and analytical skills.
- Close attention to detail.
- HNC in Business Management or a developing professional.
- Some experience in Finance, Cost Control or Commercial Administration, with a preference for a candidate with experience ideally in Operator and Contractor organisations in the Oil and Gas sector desirable.
- Previous experience in the Budgeting, Forecasting, and Cost Control and Procure to Pay process desirable.
Cost Controller in Barrow in Furness employer: Morson Edge
Join a forward-thinking engineering firm in Manchester, where as a Senior Electrical Designer, you will thrive in a collaborative and innovative work culture. With a strong focus on employee growth, you will have the opportunity to mentor junior designers while working on significant projects across Water and Nuclear sectors, all within a hybrid working model that promotes work-life balance. Enjoy competitive salary packages and the chance to contribute to impactful engineering solutions in a supportive environment.
StudySmarter Expert Advice🤫
We think this is how you could land Cost Controller in Barrow in Furness
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Morson Edge. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Cost Controller in Barrow in Furness
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Morson Edge.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Morson Edge's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Morson Edge
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Morson Edge.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Morson Edge will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Morson Edge employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
