At a Glance
- Tasks: Monitor and control project costs while collaborating with various teams.
- Company: Join Navantia UK, a leader in defence and maritime innovation.
- Benefits: Enjoy competitive pay, generous holiday, and healthcare options.
- Other info: Inclusive workplace committed to equal opportunities and career growth.
- Why this job: Make a real impact on financial decisions in a dynamic industry.
- Qualifications: Degree in finance or related field; strong analytical skills required.
The predicted salary is between 60750 - 74250 £ per year.
Company Location - Bristol or Belfast
Navantia UK is a new force in British industry, supporting the UK’s defence, energy and maritime ambitions. We’re doing this by creating state-of-the-art sovereign defence capabilities, investing in the UK to modernise industrial facilities, and bolstering the nation's energy security. Established in 2022, Navantia UK is a subsidiary of Navantia SA, a Spanish state-owned company with over 300 years of naval shipbuilding history.
The Cost Controller reports to the Cost Accountant and assists with the coordination of the financial monitoring of the main programmes associated with the Business Unit (BU), contributing to the ongoing evaluation of their financial situation and the preparation of the necessary financial projections to facilitate decision-making aimed at achieving programme objectives.
Key Responsibilities & Accountabilities
- Budget Management: Develop and maintain project budgets (POA). Monitor expenditures and ensure they are aligned with budgetary constraints. Identify and report any financial risks or discrepancies. Assist with budget reallocations and the contingency reserve management process.
- Cost Analysis: Conduct detailed cost analysis and variance reports. Analyse project cost performance, identifying trends, and providing insights. Evaluate cost efficiency and suggest cost-saving measures.
- Financial Reporting: Prepare regular financial reports, including cost forecasts and budget updates. Report on financial performance to cost accountant and project managers.
- Project Support: Assist project managers in financial planning and cost control. Participate in project meetings, providing financial insights and updates. Support procurement activities by reviewing and approving project-related expenses.
- Documentation and Compliance: Maintain accurate records of all financial transactions and project costs. Ensure all financial activities comply with company policies and regulations. Prepare documentation for audits and reviews.
- Coordination and Communication: Coordinate with various departments to gather necessary financial information. Communicate financial status and issues to relevant stakeholders. Provide training and support to project teams on cost management processes.
Qualifications
- Knowledge, Skills and Abilities: Analytical and detail-oriented mindset. Financial integrity and accuracy. Strong planning and organisational skills. Ability to work effectively across multiple departments. Proactive problem-solving and continuous improvement attitude. Effective written and verbal communication.
- Education and Experience: Essential: Degree in Finance, Accounting, Business Administration, or a related field or demonstrable experience and/or ability to learn and adapt. Proven experience in cost control, financial analysis, or project accounting within a project-driven environment. Strong analytical, numerical, and problem-solving skills. Proficiency in MS Excel and financial/project control systems (e.g., SAP, IFS). Excellent attention to detail and organisational skills. Strong communication and collaboration abilities. Desirable: Professional qualification or progress toward one (e.g., CIMA, ACCA). Experience with Earned Value Management (EVM).
Additional Information
- Competitive base pay
- Company pension
- 33 days holiday
- Life assurance
- Healthcare Cash Plan (optional)
Please note as part of the onboarding process all candidates will need to complete BPSS security clearance. We are an Opening Doors employer, committed to equal opportunity and an inclusive workplace. Our approach, shaped by our values of service, trust, excellence, agility, dedication, and you, focuses on removing barriers and recognising potential. We are committed to fairness at every stage, including providing reasonable adjustments and actively working to eliminate discrimination. We believe talent is everywhere, and by widening access to opportunity and welcoming diverse experiences, we aim to create a workplace where every person feels valued and has an equal chance.
Cost Controller in Belfast employer: NAVANTIA UK
Navantia UK is an excellent employer, offering a dynamic work culture that prioritises collaboration and continuous improvement. Employees benefit from opportunities for professional growth and development while working in a supportive environment that values health, safety, and environmental standards. Located in a thriving area, the company fosters a sense of community and teamwork, making it an ideal place for those looking to make a meaningful impact in their careers.
StudySmarter Expert Advice🤫
We think this is how you could land Cost Controller in Belfast
✨Tip Number 1: Tap Into Professional Networks
The finance world loves a good connection, so jump into industry-specific groups on platforms like LinkedIn where you can find discussions on financial controlling. Engaging in these communities can expose you to hidden job leads that aren't openly advertised!
✨Tip Number 2: Attend Finance Events and Conferences
Make it a mission to attend finance-related events and conferences, even virtual ones! This is a golden opportunity to network face-to-face with people from companies like NAVANTIA UK. You never know who might be your next boss or a crucial contact!
✨Tip Number 3: Showcase Your Expertise
Consider writing articles or sharing insights related to financial controlling or industry trends. Publish these on platforms like LinkedIn to establish yourself as a knowledgeable player in the field. This not only increases your visibility but also catches the attention of recruiters from NAVANTIA UK.
✨Tip Number 4: Apply Directly on Company Websites
Since you're going for a full-time gig, don't forget to keep an eye on the careers page of companies you're interested in, like NAVANTIA UK. Many companies prefer candidates who apply through their website as it shows genuine interest and makes your application stand out!
We think you need these skills to ace Cost Controller in Belfast
Some tips for your application 🫡
Show Off Your Numbers Game:In financial controlling, detail is everything! Make sure your CV showcases your proficiency with numbers—highlight any relevant experience in budgeting, forecasting, or working with financial software. Quantifying your past achievements will make you stand out, so don’t be shy about flaunting those impressive percentages or cost savings you've implemented.
Tailored Cover Letter is Key:Your cover letter is a chance to shine, especially for a full-time role. Use it to express your genuine interest in NAVANTIA UK and the specific impact you hope to make in financial controlling. Mention any relevant qualifications or experiences that align with the company’s goals, and don’t forget to show that you're ready for a long-term commitment!
Certifications Matter:List relevant certifications such as ACCA or CIMA on your CV. These qualifications not only showcase your dedication to the field but also your technical competence in financial principles. If you have any ongoing training or courses, make sure to mention those as well to demonstrate your commitment to continual learning in financial controlling.
Don’t Overlook Soft Skills:While numbers are crucial, so are those soft skills! Financial controllers need strong communication and analytical reasoning abilities. We recommend embedding examples of these skills in your CV and cover letter, like how you’ve successfully delivered financial reports to stakeholders or collaborated with teams to improve processes. Let’s show NAVANTIA UK how you can be a team player!
How to prepare for a job interview at NAVANTIA UK
✨Brush Up on Technical Skills
Make sure you're comfortable with key financial concepts, especially around forecasting, budgeting, and variance analysis. Sometimes, interviewers may throw in technical questions or case studies, so practicing these types of scenarios will help you shine!
✨Showcase Your Financial Acumen
If you've had experience with specific financial software like SAP or Oracle, make it known! Be ready to discuss how you used these tools to improve processes or reporting, as this hands-on knowledge can really set you apart in a full-time role with NAVANTIA UK.
✨Know Your Numbers
In full-time interviews, especially in financial controlling, be prepared for numerical reasoning tests or questions. Brush up on your mental maths and understand how to interpret and analyse financial statements on the spot, as this may come up during the assessment.
✨Connect with Company Goals
Familiarise yourself with NAVANTIA UK's financial objectives and any recent developments. During the interview, try to weave your understanding of their business model and challenges into your answers—this shows your genuine interest and alignment with their goals!