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, offering a dynamic work culture that fosters collaboration and innovation across its global teams. With a commitment to employee growth, you will have access to training and development opportunities while working on impactful projects that improve lives. Located in a diverse and inclusive environment, this role as a Global Recruitment Operations Administrator allows you to contribute to a seamless hiring experience, making a meaningful difference in the recruitment process.

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

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

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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 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to TURNER & TOWNSEND.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on TURNER & TOWNSEND's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at TURNER & TOWNSEND

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with TURNER & TOWNSEND.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at TURNER & TOWNSEND will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former TURNER & TOWNSEND employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.