At a Glance
- Tasks: Lead strategic cost initiatives and track their effectiveness for a FTSE100 Financial Services group.
- Company: Join a successful FTSE100 company focused on innovative financial solutions and growth.
- Benefits: Enjoy flexible hybrid working, competitive salary, and a comprehensive benefits package.
- Other info: Refer a friend and earn up to £1,000 through our fantastic referral scheme!
- Why this job: Be part of a high-profile role driving significant cost savings and influencing senior leadership.
- Qualifications: Qualified accountant with experience in blue-chip companies and large-scale cost reduction programmes.
The predicted salary is between 72000 - 84000 £ 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
HEAD OF COST MANAGEMENT £100,000 - £120,000 + package in London employer: Pear Talent - Finance Recruitment
Join a leading FTSE100 Financial Services group in Surrey, where you will play a pivotal role in driving strategic cost management initiatives. With a flexible hybrid working model, a strong focus on employee development, and a culture that values collaboration and innovation, this company offers an exceptional environment for professional growth and meaningful contributions. Enjoy competitive compensation and the opportunity to influence key business decisions while working alongside senior leadership in a dynamic and supportive setting.
Contact Details:
Pear Talent - Finance Recruitment Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land HEAD OF COST MANAGEMENT £100,000 - £120,000 + package in London
✨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 the latest trends in cost reduction initiatives.
✨Tip Number 2
Familiarise yourself with the specific cost management tools and methodologies used in large-scale transformation programmes. Being able to discuss these in detail during interviews will demonstrate your expertise and readiness for the role.
✨Tip Number 3
Prepare to showcase your experience in building relationships with senior stakeholders. Think of examples where you successfully influenced decision-making or drove a cost initiative forward, as this will be crucial for the Head of Cost Management position.
✨Tip Number 4
Stay updated on the latest developments in financial governance and reporting standards. This knowledge will not only help you in interviews but also show that you are proactive and committed to maintaining high standards in cost management.
We think you need these skills to ace HEAD OF COST MANAGEMENT £100,000 - £120,000 + package in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights relevant experience in cost management and financial governance. Emphasise your qualifications as a chartered accountant and any previous roles 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. Mention specific examples of successful cost reduction initiatives you've led and how you partnered with senior leadership.
Highlight Stakeholder Management Skills:Demonstrate your ability to build relationships and influence stakeholders. Provide examples of how you've navigated complex matrix structures and driven agendas in previous roles.
Showcase Analytical Skills:Detail your experience in designing systems for tracking effectiveness and delivering insightful reporting. Highlight any tools or methodologies you've used to achieve significant cost savings.
How to prepare for a job interview at Pear Talent - Finance Recruitment
✨Understand the Cost Management Landscape
Familiarise yourself with the current trends and challenges in cost management, especially within the financial services sector. This will help you demonstrate your knowledge and show how you can contribute to the company's strategic cost initiatives.
✨Prepare for Stakeholder Engagement
Since the role involves significant interaction with senior leadership, think about how you can build relationships and influence decision-making. Prepare examples of how you've successfully partnered with stakeholders in the past to drive cost reduction initiatives.
✨Showcase Your Analytical Skills
Be ready to discuss your experience with designing and implementing systems for tracking cost effectiveness. Highlight any tools or methodologies you've used to deliver insightful reporting that supports executive decision-making.
✨Demonstrate Your Governance Knowledge
The role requires implementing financial governance to maintain controls. Be prepared to talk about your experience in establishing governance frameworks and how they have contributed to successful cost management in previous roles.
