At a Glance
- Tasks: Analyse costs and develop pricing models to drive successful contract negotiations.
- Company: Dynamic company in Uxbridge focused on customer satisfaction and teamwork.
- Benefits: Competitive salary, commission, and opportunities for professional growth.
- Why this job: Make a real impact by influencing major contracts and optimising financial performance.
- Qualifications: Strong analytical skills and advanced Excel proficiency required.
- Other info: Join a supportive team and enjoy a collaborative work environment.
The predicted salary is between 36000 - 60000 Β£ per year.
ABOUT THE ROLE: We are currently recruiting for motivated, reliable and customer focused Cost Analyst to join our team based in Uxbridge, London.
Job Type: Permanent - Full Time.
Pay Rate: Β£42,000 per annum + commission
Working Hours: 40Hrs per week, Monday to Friday 09:00Hrs to 17:30Hrs.
Start Date: Immediately.
Role Summary: The Cost Analyst will act as a strategic link between the Business Development and Finance teams. The successful candidate will be responsible for assessing the cost structure of new and existing contracts, developing pricing models, and driving value in deal negotiations. The role requires a proactive individual with a background in facility management, excellent analytical skills, and an advanced command of Microsoft Excel. This is a fantastic opportunity for a skilled analyst with a background in facilities management or service-based sectors, who enjoys solving commercial challenges and influencing the success of major contracts from pre-bid through to implementation. You will work with the site teams to ensure excellent service delivery and that our clients have a better day, every day.
Your responsibilities and Key Areas of work may include:
- Collaborate closely with both Business Development and Finance teams to evaluate and optimise the cost and pricing elements of new and existing client deals.
- Lead the financial modelling of contracts and proposals to assess profitability, risks, and ROI.
- Conduct deal pricing reviews, develop rate cards, and ensure that terms align with financial objectives and service deliverables.
- Support bid teams with detailed cost analysis and price justification documents during tender submissions.
- Create dynamic, Excel-based models to track costs, benchmark pricing, and forecast margins.
- Provide cost analysis insights to senior stakeholders to guide strategic decision-making.
- Maintain cost databases and ensure all pricing information is accurate, current, and aligned with market rates.
- Support regular reviews of contract financial performance and identify areas for improvement.
- Participate in contract renegotiations and price increase initiatives to support business growth.
Cost Analyst in England employer: Tenon fm
Contact Detail:
Tenon fm Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Cost Analyst in England
β¨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
β¨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how your skills as a Cost Analyst can help them achieve their goals. Tailor your responses to show you're the perfect fit!
β¨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or family to build confidence. Focus on articulating your analytical skills and experience in facilities management clearly and concisely.
β¨Tip Number 4
Don't forget to apply through our website! Itβs the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and eager to join our team.
We think you need these skills to ace Cost Analyst in England
Some tips for your application π«‘
Tailor Your CV: Make sure your CV is tailored to the Cost Analyst role. Highlight your experience in facility management and any analytical skills you have. We want to see how your background aligns 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. Mention specific examples of how you've tackled commercial challenges in the past, and donβt forget to show your enthusiasm for joining our team.
Show Off Your Excel Skills: Since advanced Excel skills are a must for this role, make sure to mention any relevant experience you have. If you've created financial models or conducted detailed cost analyses, let us know! We love seeing those skills in action.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. Itβs the best way for us to receive your application and ensures you donβt miss out on any important updates from our team!
How to prepare for a job interview at Tenon fm
β¨Know Your Numbers
As a Cost Analyst, you'll be dealing with numbers all day, so brush up on your financial modelling skills. Be prepared to discuss how you've used Excel in past roles to analyse costs or develop pricing models. Bring examples of your work if you can!
β¨Understand the Business
Familiarise yourself with the companyβs services and how they impact costs. Research their recent projects or contracts to understand their business model. This will help you demonstrate your interest and show how you can add value from day one.
β¨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities. Think about scenarios where you've had to optimise costs or negotiate pricing. Prepare a few STAR (Situation, Task, Action, Result) stories that highlight your analytical skills and strategic thinking.
β¨Show Your Collaborative Spirit
This role requires working closely with various teams, so be ready to discuss your experience in collaboration. Share examples of how you've worked with finance or business development teams to achieve common goals, and emphasise your communication skills.