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- Tasks: Join our Cost Assurance team to verify costs and conduct audits in the construction sector.
- Company: Turner & Townsend, a leading firm committed to diversity and inclusion.
- Benefits: Full-time role with opportunities for professional growth and development.
- Why this job: Make a real impact in finance while working on exciting projects in the infrastructure industry.
- Qualifications: Degree level education; auditing or finance experience is a plus but not essential.
- Other info: Collaborative environment with a focus on mentorship and career advancement.
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 a 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.
Additional Responsibilities
- Working in teams of variable sizes and providing support to more junior members to allow them to develop and grow.
- Managing commissions in the Rail and Utilities sectors, providing a variety of opportunities and audits.
- Managing commissions, developing templates and best‑practice guides and growing 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.
- Perform testing of data and information using smart techniques and tools such as data visualisation and trend/ pattern analysis.
- Produce findings reports that deliver key findings, recommendations and messages in a succinct and professional manner.
- Foster good quality working relationships with clients and those being reviewed built around trust and professionalism.
- Assist in the maintenance of internal systems to ensure 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 skills, 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.
- Remote Work: No
- Employment Type: Full-time
- Vacancy: 1
FinanceCost 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 FinanceCost 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 related to cost assurance and finance. We recommend practising your answers with a friend or in front of a mirror to boost your confidence.
✨Tip Number 3
Showcase your analytical skills during interviews! Bring examples of how you've tackled complex data or improved processes in past roles. This will demonstrate your value to potential employers.
✨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 enthusiastic candidates who are keen to join our team!
We think you need these skills to ace FinanceCost Analyst – Cost Assurance in Birmingham
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Finance / Cost Analyst role. Highlight any relevant auditing or finance experience, and don’t forget to mention your data analysis abilities!
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 aligns with our objectives. Keep it concise but impactful!
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. Mention any tools or techniques you’ve used to draw insights.
Apply Through Our Website: We encourage you to apply directly through our website for a smoother application process. It’s the best way for us to receive your application and get to know you better!
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 assurance practices and be prepared to give examples of how you've applied them in the past.
✨Master the Art of Reporting
Since reporting is a key part of the role, practice summarising complex information succinctly. Bring along examples of reports or dashboards you've created before, and be ready to explain your thought process behind them. This will show your analytical skills and your ability to communicate effectively.
✨Understand the Construction Contracts
Get a good grasp of NEC3/4 contracts and any other relevant frameworks. Be prepared to discuss how you would assess accuracy and entitlement to costs. Showing that you understand the technical aspects of construction contracts will set you apart from other candidates.
✨Build Rapport with the Interviewers
Fostering good relationships is crucial in this role. During the interview, engage with your interviewers, ask insightful questions, and demonstrate your professionalism. This will not only showcase your interpersonal skills but also reflect your understanding of the importance of trust in client relationships.
