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- Tasks: Lead strategic cost initiatives and track their effectiveness for a FTSE100 company.
- Company: Join a thriving Financial Services group with a strong market presence.
- Benefits: Enjoy flexible hybrid working and a competitive salary package.
- Why this job: Make a significant impact on cost management while collaborating with senior leadership.
- Qualifications: Qualified accountant with experience in blue-chip companies and cost reduction programmes.
- Other info: Refer a friend and earn up to £1,000 if they get hired!
The predicted salary is between 84000 - 126000 £ per year.
- Surrey (flexible hybrid WFH)
Pear Talent is representing a FTSE100 Financial Services group who have an excellent opportunity for a Head of Cost Management reporting to the FD. The business is continuing to grow successfully, despite challenging markets, and are now looking to improve their group-wide cost management through close partnership with divisional business leadership, specific strategic cost reduction initiatives and improved cost insight reporting. The business has launched a significant cost programme, intended to achieve £ millions in long-term savings.
You’ll act as the Finance lead for this programme in a high-profile role owning key stakeholder relationships with group and divisional Exec/senior leadership.
Key accountabilities:
- Own the strategic cost initiatives, ensuring expected cost and benefits are justifiable.
- Design and implement a system to track the effectiveness of each initiative to deliver insightful and reliable reporting for Exec/Board.
- Partner with business division leadership to obtain all necessary financial information and gain their support.
- Implement necessary financial governance to track results and maintain controls.
- Lead a comprehensive new business case review and challenge process.
Required experience:
- Qualified accountant (ACA / ACCA or equivalent)
- Previous blue-chip/FTSE listed company experience – ideally in Financial Services
- Experience of large-scale (tens of millions) significant cost reduction/transformation programmes
- Own and develop significant business cases, ensuring robust cost/benefit challenge
- Build relationships and influence senior/Exec stakeholders across complex matrix structure
- Robust business partnering skills, able to challenge and drive programme’s agenda
If this isn’t for you but you know someone who’d be interested, then why not confidentially recommend them by clicking here http://peartalent.co.uk/spread-the-word/. We have a fantastic referral scheme up to £1,000*.
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HEAD OF COST MANAGEMENT £100,000 - £120,000 + package employer: Pear Talent - Finance Recruitment
Contact Detail:
Pear Talent - Finance Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land HEAD OF COST MANAGEMENT £100,000 - £120,000 + package
✨Tip Number 1
Network with professionals in the financial services sector, especially those who have experience in cost management. Attend industry events or webinars to connect with potential colleagues and learn about their experiences.
✨Tip Number 2
Familiarise yourself with the latest trends and technologies in cost management and financial governance. Being knowledgeable about innovative tools can set you apart during discussions with stakeholders.
✨Tip Number 3
Prepare to discuss specific examples of your previous work on cost reduction initiatives. Highlight your role in these projects and the tangible results achieved to demonstrate your capability.
✨Tip Number 4
Research the company’s current cost management strategies and challenges. This will allow you to tailor your conversations and show how your expertise aligns with their goals during interviews.
We think you need these skills to ace HEAD OF COST MANAGEMENT £100,000 - £120,000 + package
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in cost management and financial governance. Emphasise your qualifications, such as ACA or ACCA, and any relevant achievements in previous roles, especially in blue-chip or FTSE listed companies.
Craft a Compelling Cover Letter: In your cover letter, address how your skills align with the key accountabilities of the role. Discuss your experience with strategic cost initiatives and your ability to partner with senior leadership to drive results.
Showcase Relevant Experience: When detailing your work history, focus on large-scale cost reduction programmes you've led or contributed to. Provide specific examples of how you’ve influenced stakeholders and implemented financial governance.
Highlight Soft Skills: Don’t forget to mention your robust business partnering skills. Illustrate how you’ve successfully built relationships and challenged agendas within complex organisational structures, as this is crucial for the role.
How to prepare for a job interview at Pear Talent - Finance Recruitment
✨Understand the Cost Management Landscape
Before your interview, make sure you have a solid grasp of current trends in cost management, especially within financial services. Familiarise yourself with recent case studies or examples of successful cost reduction initiatives to demonstrate your knowledge and insight.
✨Prepare for Stakeholder Engagement Questions
Given the role's emphasis on building relationships with senior leadership, be ready to discuss your experience in managing stakeholder relationships. Prepare specific examples where you've successfully influenced decision-making or driven initiatives in a complex organisational structure.
✨Showcase Your Analytical Skills
As the role involves designing systems for tracking cost initiatives, be prepared to discuss your analytical skills. Bring examples of how you've used data to inform decisions or improve reporting processes in previous roles, highlighting your ability to deliver insightful and reliable information.
✨Demonstrate Your Governance Knowledge
The position requires implementing financial governance to track results. Be ready to explain your understanding of financial controls and governance frameworks. Discuss any relevant experiences where you've established or improved governance processes in past roles.
