Finance/Cost Analyst – Cost Assurance in Birmingham

Finance/Cost Analyst – Cost Assurance in Birmingham

Birmingham Full-Time 36000 - 60000 £ / year (est.) No working from home possible
TURNER & TOWNSEND

At a Glance

  • Tasks: Join our Cost Assurance team to verify costs and conduct audits in the construction sector.
  • Company: Turner & Townsend, a global leader in professional services with a focus on impactful projects.
  • Benefits: Diverse work environment, career growth opportunities, and support for professional qualifications.
  • Other info: Inclusive workplace that values diversity and encourages applications from all backgrounds.
  • Why this job: Make a real difference in the construction industry while developing your analytical skills.
  • Qualifications: Degree level education and a passion for finance or auditing preferred.

The predicted salary is between 36000 - 60000 £ per year.

Turner & Townsend is a global professional services company with over 22,000 people in more than 60 countries. Working with our clients across real estate, infrastructure, energy and natural resources, we transform together delivering outcomes that improve people’s lives. Our capabilities include programme, project, cost, asset and commercial management, controls and performance, procurement and supply chain, net zero and digital solutions.

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. You will be an Analyst within our UK Infrastructure business working within our specialist Cost Assurance team to help deliver the following:

  • 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.

For delivery of successful Cost Assurance commissions:

  • Working in teams of variable sizes and providing support to more junior members to allow them to develop and grow.
  • We have specific commissions within the Rail and Utilities sectors that offer a variety of opportunities and audits.
  • The opportunity to manage commissions, develop templates and best-practice guides and grow our service offering.

Job Objectives:

  • Review construction contractor systems, controls and processes to provide a view on their ways of working, using intelligence from around the industry to build a view on best practice.
  • Analysis and understanding of complex construction contracts.
  • Plan financial audits by understanding our Clients’ objectives and risk areas, as well as the supply chains’ structure, policies and processes.
  • Performing testing of data and information using smart techniques and tools such as data visualisation and trend/pattern analysis.
  • Production of findings reports that deliver key findings, recommendations and messages in a succinct and professional manner.
  • Fostering good quality working relationships with clients and those being reviewed built around trust and professionalism.
  • Assisting the maintenance of internal systems to make sure commission and financial management is compliant with business process.

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 – 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.

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.

Finance/Cost Analyst – Cost Assurance in Birmingham employer: TURNER & TOWNSEND

Turner & Townsend is an exceptional employer that fosters a collaborative and inclusive work culture, empowering employees to grow through diverse opportunities in the UK Infrastructure sector. With a commitment to professional development and a focus on impactful projects, we provide our Finance/Cost Analysts with the tools and support needed to excel in their careers while contributing to meaningful outcomes for our clients. Join us to be part of a dynamic team that values innovation and excellence in cost assurance.

TURNER & TOWNSEND

Contact Details:

TURNER & TOWNSEND Recruitment 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 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.

Tip Number 2

Prepare for interviews by researching Turner & Townsend and understanding their projects. Tailor your answers to show how your skills align with their goals, especially in cost assurance and financial audits.

Tip Number 3

Practice makes perfect! Conduct mock interviews with friends or use online resources to refine your responses. Focus on articulating your experience with data analysis and report writing clearly.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at Turner & Townsend.

We think you need these skills to ace Finance/Cost Analyst – Cost Assurance in Birmingham

Cost Verification
Process Audits
Application for Payment (AfP) Health Checks
Reporting and Dashboards
Data Analysis
Financial Audits
Report Writing

Some tips for your application 🫡

Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Finance/Cost Analyst role. Highlight any relevant auditing or finance experience, and don’t forget to mention your data analysis skills!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re excited about joining our Cost Assurance team and how your background makes you a great fit for the role.

Showcase Your Analytical Skills:Since this role involves a lot of data analysis, be sure to include examples of how you've successfully analysed complex data in the past. This will show us you have what it takes to excel in this position.

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our team!

How to prepare for a job interview at TURNER & TOWNSEND

Know Your Numbers

As a Finance/Cost Analyst, it's crucial to be comfortable with numbers and data analysis. Brush up on your financial principles and be ready to discuss how you've used data visualisation or trend analysis in past roles. This will show that you can handle the complexities of cost verification and reporting.

Understand the Contracts

Familiarise yourself with construction contracts, especially NEC3/4 if possible. Be prepared to discuss any experience you have with contract compliance and how you've navigated disallowed costs or application for payment processes. This knowledge will demonstrate your readiness for the role.

Showcase Your Team Spirit

Turner & Townsend values collaboration, so highlight your experience working in teams. Share examples of how you've supported junior members or contributed to team success. This will illustrate your ability to foster good working relationships and contribute positively to the Cost Assurance team.

Prepare Insightful Questions

At the end of the interview, have some thoughtful questions ready about the company's projects or the Cost Assurance team's goals. This shows your genuine interest in the role and helps you assess if the company is the right fit for you. Plus, it keeps the conversation engaging!