Finance/Cost Analyst - Cost Assurance in Nottingham
Finance/Cost Analyst - Cost Assurance

Finance/Cost Analyst - Cost Assurance in Nottingham

Nottingham Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Verify costs, conduct audits, and produce insightful reports for clients.
  • Company: Join a dynamic team in a leading finance consultancy focused on growth.
  • Benefits: Competitive salary, flexible working options, and opportunities for professional development.
  • Why this job: Make a real impact in the finance sector while developing your analytical skills.
  • Qualifications: Analytical mindset and a passion for finance; experience is a plus but not essential.
  • Other info: Collaborative environment with mentorship opportunities to help you grow.

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 costs 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, you will work in teams of variable sizes and provide 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. There is also 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.
  • Perform 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 ensure commission and financial management is compliant with business processes.

Finance/Cost Analyst - Cost Assurance in Nottingham employer: TURNER & TOWNSEND

Join our dynamic team as a Finance/Cost Analyst in the heart of the UK Infrastructure sector, where you will play a pivotal role in our Cost Assurance team. We pride ourselves on fostering a collaborative work culture that encourages professional growth and development, offering unique opportunities to manage commissions and contribute to best-practice guides. With a focus on innovation and integrity, we provide a supportive environment that values your contributions and empowers you to make a meaningful impact for both our business and clients.
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Contact Detail:

TURNER & TOWNSEND Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Finance/Cost Analyst - Cost Assurance in Nottingham

✨Tip Number 1

Network like a pro! Reach out to people in the finance and cost analysis field, especially those who work in the sectors you're interested in. A friendly chat can lead to insider info about job openings that aren't even advertised yet.

✨Tip Number 2

Prepare for interviews by practising common questions related to cost assurance and financial audits. We recommend using the STAR method (Situation, Task, Action, Result) to structure your answers and showcase your skills effectively.

✨Tip Number 3

Showcase your analytical skills! Bring along examples of reports or dashboards you've created in the past. This will not only demonstrate your expertise but also give you a chance to discuss your thought process and problem-solving abilities.

✨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 and engaged with our company.

We think you need these skills to ace Finance/Cost Analyst - Cost Assurance in Nottingham

Cost Verification
Process Audits
Governance and Compliance
Application for Payment (AfP) Health Checks
Reporting and Dashboards
Team Collaboration
Mentoring and Support
Construction Contract Analysis
Financial Audits Planning
Data Testing Techniques
Data Visualisation
Trend and Pattern Analysis
Report Production
Client Relationship Management
Internal Systems Maintenance

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Finance/Cost Analyst role. Highlight relevant experience and skills that match the job description, especially around cost verification and financial audits. We want to see how you can make a difference!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about joining our Cost Assurance team and how your background aligns with our objectives. Keep it engaging and personal – we love a bit of personality!

Showcase Your Analytical Skills: Since this role involves a lot of analysis, be sure to showcase your analytical skills in your application. Mention any tools or techniques you’ve used for data visualisation or trend analysis. We’re looking for someone who can think critically and creatively!

Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!

How to prepare for a job interview at TURNER & TOWNSEND

✨Know Your Numbers

As a Finance/Cost Analyst, you'll be dealing with numbers all day. Brush up on your financial concepts and be ready to discuss how you've applied them in past roles. Be prepared to explain cost verification processes and any relevant experience you have with Application for Payment health checks.

✨Showcase Your Analytical Skills

This role requires strong analytical abilities, so come armed with examples of how you've tackled complex data analysis in the past. Think about specific projects where you used data visualisation or trend analysis to drive decisions. Highlighting these experiences will show you're the right fit for the team.

✨Understand the Industry

Familiarise yourself with the Rail and Utilities sectors, as well as current trends in cost assurance. Being able to discuss industry best practices and how they relate to the company's objectives will demonstrate your enthusiasm and commitment to the role.

✨Build Rapport

Since fostering good relationships is key in this role, practice your interpersonal skills before the interview. Think about how you can convey trust and professionalism in your communication. Remember, it's not just about what you know, but also how you connect with others.

Finance/Cost Analyst - Cost Assurance in Nottingham
TURNER & TOWNSEND
Location: Nottingham

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