At a Glance
- Tasks: Join our Cost Assurance team to verify costs and conduct audits.
- Company: Global professional services company with a focus on diversity and inclusion.
- Benefits: Gain valuable experience, develop your skills, and enjoy a supportive work environment.
- Why this job: Make a real impact in finance while working with a dynamic team.
- Qualifications: Degree level education and a passion for data analysis preferred.
- Other info: Opportunities for career growth and professional qualifications support.
The predicted salary is between 36000 - 60000 £ per year.
We are currently seeking an enthusiastic and driven Finance/Cost Analyst to join our specialist Cost Assurance team to assist our continuing growth and make the difference to both our business and our clients.
Responsibilities
- Cost verification – verifying cost incurred against allowable costs in contracts.
- Process/System Audits – conducting checks on governance and compliance to the contract and standard practice.
- Application for Payment (AfP) health checks – conducting various checks on the integrity of the Application and how it is generated.
- Reporting/dashboards – producing and updating reports/dashboards for senior members of the team and clients.
- Working in teams of variable sizes and providing support to more junior members to allow them to develop and grow.
- Managing commissions within the Rail and Utilities sectors, developing templates and best‑practice guides to grow our service offering.
- Review construction contractor systems, controls and processes to provide a view on their ways of working, using industry intelligence to build best‑practice recommendations.
- Plan financial audits by understanding our clients’ objectives and risk areas, as well as the supply chain structure, policies and processes.
- Perform testing of data and information using smart techniques and tools such as data visualisation and trend/pattern analysis.
- Produce findings reports that communicate key findings, recommendations and messages succinctly and professionally.
- Foster good quality working relationships with clients and those being reviewed, built around trust and professionalism.
- Assist maintenance of internal systems to ensure commission and financial management compliance with business processes.
Qualifications
- Degree level or equivalent.
- Auditing/finance experience – preferred but not essential.
- ACA/ACCA/CIMA – part or fully qualified, or an ambition to be supported to achieve this – preferred but not essential.
- Data analysis – ability to review and draw insights from large quantities of data in various formats.
- Time management – working in a team environment and handling a variable workload through peaks and troughs.
- Assessment of accuracy and entitlement to costs – e.g. certification of application for payment or review of invoices.
- Report writing – communicating complex messages succinctly to maximise impact.
- Construction industry technical matters – such as disallowed cost areas, calculation of pain/gain amounts etc.
- Contract knowledge – NEC3/4 (Option C, E) preferred.
Additional Information
Turner & Townsend is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and actively encourage applications from all sectors of the community. SOX control responsibilities may be part of this role, which are to be adhered to where applicable. We are a global professional services company with over 22,000 people in more than 60 countries, working across real estate, infrastructure, energy and natural resources to deliver outcomes that improve people’s lives. For more information about us visit www.turnerandtownsend.com.
Finance/Cost Analyst – Cost Assurance in Birmingham employer: TURNER & TOWNSEND
Contact Detail:
TURNER & TOWNSEND Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance/Cost Analyst – Cost Assurance in Birmingham
✨Tip Number 1
Network like a pro! Reach out to people in the finance and cost analysis field, especially those who work at companies you're interested in. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by researching common questions for finance roles. Practise your answers, focusing on how your skills match the job description. We want you to shine when it’s your turn to impress!
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've used data analysis or reporting in past roles. This will help you stand out as someone who can handle the responsibilities of a Finance/Cost Analyst.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Finance/Cost Analyst – Cost Assurance in Birmingham
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the Finance/Cost Analyst role. Highlight relevant experience, especially in cost verification and data analysis, to show us you’re the perfect fit for our Cost Assurance team.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re excited about this role and how your skills align with our needs. Don’t forget to mention any experience with financial audits or report writing!
Showcase Your Analytical Skills: We love candidates who can dive into data! In your application, give examples of how you've used data analysis tools or techniques to draw insights. This will help us see your potential in producing those all-important reports and dashboards.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at TURNER & TOWNSEND
✨Know Your Numbers
As a Finance/Cost Analyst, you'll be dealing with a lot of data. Brush up on your financial metrics and be ready to discuss how you can verify costs against contracts. Familiarise yourself with common cost structures in the construction industry, especially NEC3/4 contracts.
✨Showcase Your Analytical Skills
Prepare to demonstrate your data analysis abilities. Bring examples of how you've used data visualisation or trend analysis in past roles. This will show that you can handle large quantities of data and draw meaningful insights, which is crucial for this position.
✨Communicate Clearly
You'll need to produce reports and communicate findings succinctly. Practice explaining complex financial concepts in simple terms. This will help you stand out as someone who can effectively convey key messages to both senior team members and clients.
✨Team Player Mindset
Since you'll be working in teams and supporting junior members, highlight your teamwork experience. Share examples of how you've collaborated in the past and helped others grow. This will show that you're not just focused on your own success but also on the team's development.