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- Tasks: Lead strategic cost initiatives and implement systems for effective financial reporting.
- Company: Join a leading FTSE100 Financial Services group with a strong growth trajectory.
- Benefits: Competitive salary of £120,000 plus an attractive package and flexible hybrid working.
- Other info: High-profile role with opportunities to influence senior leadership and develop your career.
- Why this job: Make a significant impact on cost management and drive long-term savings.
- Qualifications: Qualified accountant with experience in blue-chip companies and cost reduction programmes.
The predicted salary is between 120000 - 120000 £ 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 - £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 - £120,000 + package
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial services sector and let them know you're on the hunt for a Head of Cost Management role. You never know who might have the inside scoop on opportunities or can put in a good word for you.
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of cost management strategies and financial governance. We want you to be able to discuss how you've successfully led cost reduction initiatives in the past, so have some solid examples ready to share!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation and reiterate your enthusiasm for the role. It shows you're genuinely interested and keeps you fresh in their minds.
✨Tip Number 4
Apply through our website! We’ve got loads of resources to help you land that dream job, and applying directly can sometimes give you an edge. Plus, it’s super easy to keep track of your applications and updates all in one place.
We think you need these skills to ace HEAD OF COST MANAGEMENT - £120,000 + package
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Head of Cost Management role. Highlight your experience in cost reduction and transformation programmes, as well as your ability to partner with senior leadership. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of your past achievements in financial governance and stakeholder management. Let us know how you can contribute to our cost management initiatives.
Showcase Your Qualifications: As a qualified accountant, make sure to highlight your ACA/ACCA or equivalent qualifications prominently. We’re looking for someone with solid financial expertise, so don’t shy away from showcasing your credentials and relevant experience in blue-chip environments.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it shows us you’re keen to join our team!
How to prepare for a job interview at Pear Talent - Finance Recruitment
✨Know Your Numbers
As a Head of Cost Management, you'll need to demonstrate your financial acumen. Brush up on key metrics related to cost management and be ready to discuss how you've successfully managed budgets or led cost reduction initiatives in the past.
✨Showcase Your Stakeholder Skills
This role involves partnering with senior leadership, so it's crucial to highlight your experience in building relationships. Prepare examples of how you've influenced stakeholders and navigated complex organisational structures to achieve results.
✨Prepare for Scenario Questions
Expect questions that ask you to solve hypothetical problems related to cost management. Think through potential scenarios where you might need to implement cost-saving measures and be ready to explain your thought process and decision-making.
✨Demonstrate Strategic Thinking
The business is looking for someone who can own strategic cost initiatives. Be prepared to discuss your approach to designing and implementing systems for tracking effectiveness, and how you would ensure that cost benefits are justifiable.