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For Companies At a Glance
- Tasks: As a Cost Analyst, you'll estimate costs and support financial planning for innovative tech projects.
- Company: Join Ocado Technology, a leader in cloud, robotics, AI, and IoT solutions for grocery retailers.
- Benefits: Enjoy flexible working, wellbeing support, generous leave, and employee discounts.
- Why this job: Be part of a dynamic team driving innovation in grocery delivery with a focus on cost efficiency.
- Qualifications: Bachelor's degree in Business, Finance, or Engineering; strong communication and analytical skills required.
- Other info: This is an entry-level, full-time position with opportunities for growth in a diverse environment.
The predicted salary is between 28800 - 48000 £ per year.
Join to apply for the Cost Analyst role at Ocado Technology. This position is based in Hatfield with a hybrid working model.
About Us
We are Ocado Technology, empowering global grocery retailers with innovative cloud, robotics, AI, and IoT solutions. Our Ocado Smart Platform (OSP) supports automated Customer Fulfilment Centres (CFCs) for efficient online grocery delivery.
About The Role
The Cost Estimation service provides clear insights by consolidating business data to support strategic decisions. As a key liaison, you will deliver cost estimates related to installation, maintenance, and operation of proprietary technology, collaborating with subject matter experts and internal teams.
Your main responsibilities include:
- Executing project estimations
- Supporting financial planning
- Managing costs
- Communicating effectively with stakeholders
- Monitoring project performance
- Contributing to cost reduction initiatives
Skills And Experience - Minimum
- Bachelor's degree in Business, Finance, Engineering, or related field.
- Experience in schedule, budget, requirements, and risk management.
- Organized, detail-oriented, with strong communication skills.
- Proficient in Google Workspace and MS Office applications.
Preferred Qualifications
- Experience in engineering, construction, or manufacturing sectors.
- Background in mechanical engineering, robotics, or automation.
- Degree in Construction Management, Project Management, or similar.
- Analytical mindset with data analysis skills.
What We Offer
Our benefits include flexible working, wellbeing support, generous leave, pension, private medical insurance, income protection, parental leave, travel schemes, and employee discounts.
Ocado Group is committed to diversity and equal opportunities.
Additional Information
- Seniority Level: Entry level
- Employment Type: Full-time
- Job Function: Finance and Sales
- Industries: IT Services and Consulting
This job posting is active and accepting applications.
Cost Analyst employer: Ocado Technology
Contact Detail:
Ocado Technology Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cost Analyst
✨Tip Number 1
Familiarise yourself with Ocado Technology's innovative solutions, especially their Ocado Smart Platform. Understanding their technology will help you articulate how your skills as a Cost Analyst can contribute to their projects.
✨Tip Number 2
Network with current or former employees of Ocado Technology on platforms like LinkedIn. Engaging in conversations about their experiences can provide valuable insights and potentially give you an edge during the interview process.
✨Tip Number 3
Prepare to discuss specific examples from your past experience that demonstrate your skills in cost estimation and project management. Tailoring your examples to align with the responsibilities mentioned in the job description will show your suitability for the role.
✨Tip Number 4
Stay updated on industry trends related to cost analysis in engineering and technology sectors. Being knowledgeable about current challenges and innovations will allow you to engage in meaningful discussions during interviews.
We think you need these skills to ace Cost Analyst
Some tips for your application 🫡
Understand the Role: Read the job description carefully to understand the key responsibilities and required skills for the Cost Analyst position. Tailor your application to highlight how your experience aligns with these requirements.
Craft a Strong CV: Ensure your CV is up-to-date and clearly outlines your educational background, relevant work experience, and specific skills related to cost estimation, financial planning, and data analysis. Use bullet points for clarity.
Write a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Highlight your analytical mindset and any relevant experience in engineering or finance that makes you a suitable candidate for the position.
Proofread Your Application: Before submitting, thoroughly proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial for a Cost Analyst role.
How to prepare for a job interview at Ocado Technology
✨Understand the Role
Make sure you thoroughly understand the responsibilities of a Cost Analyst at Ocado Technology. Familiarise yourself with cost estimation processes and how they relate to project management, as this will help you answer questions more effectively.
✨Showcase Your Analytical Skills
Prepare to discuss your analytical mindset and data analysis skills. Be ready to provide examples from your past experiences where you've successfully managed budgets or conducted financial planning.
✨Communicate Clearly
Since effective communication with stakeholders is key in this role, practice articulating your thoughts clearly. You might be asked to explain complex concepts, so being concise and clear will demonstrate your communication skills.
✨Familiarise Yourself with Tools
As proficiency in Google Workspace and MS Office applications is essential, ensure you're comfortable using these tools. You may be asked about your experience with them, so having specific examples ready can set you apart.
