At a Glance
- Tasks: Monitor project finances and communicate outcomes with the Project Management Team.
- Company: LilyLifestyle, a dynamic company based in London.
- Benefits: Competitive salary, flexible working hours, and opportunities for professional growth.
- Other info: Exciting career path with potential for advancement in a supportive environment.
- Why this job: Join a team where your financial insights drive impactful projects.
- Qualifications: Advanced Excel skills and knowledge of SAP or similar ERP systems.
The predicted salary is between 50000 - 65000 £ per year.
Key Responsibilities
- Record and monitor the financial impact of change requests and communicate outcomes and consequences with the Project Management Team.
- Control and monitor project total expenditure including verifying and checking invoices and claims from suppliers, vendors, and sub-contractors to ensure that all project expenditures are captured and properly recorded.
- Identify and monitor financial risks and clearly present these to the Project Finance Director.
- Support the monthly reporting including the preparation of financial information on the project for Project Financing requirements and shareholders as required.
- FX hedge monitoring and maintaining inputs necessary for hedge accounting.
- Support the valuation of OFTO assets and input as necessary into the transaction process for the regulated divestment.
Key Qualifications
- Advanced Excel proficiency is essential.
- SAP or similar ERP system knowledge is an advantage.
- Quantity surveyor qualification or similar is an advantage.
Cost Engineer. Job in London LilyLifestyle Jobs employer: United Cerebral Palsy of Georgia
At LilyLifestyle, we pride ourselves on being an exceptional employer in the heart of London, offering a dynamic work culture that fosters collaboration and innovation. Our commitment to employee growth is evident through tailored training programmes and opportunities for advancement within the company. With competitive benefits and a focus on work-life balance, we ensure that our Cost Engineers thrive both professionally and personally in a vibrant city environment.
Contact Details:
United Cerebral Palsy of Georgia Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Cost Engineer. Job in London LilyLifestyle Jobs
✨Tip Number 1
Network like a pro! Reach out to professionals in the cost engineering field on LinkedIn or at industry events. We can’t stress enough how personal connections can lead to job opportunities that aren’t even advertised.
✨Tip Number 2
Prepare for interviews by practising common questions related to financial monitoring and risk management. We recommend using the STAR method to structure your answers, showcasing your skills in handling project expenditures and financial reporting.
✨Tip Number 3
Show off your Excel skills! Create a portfolio of projects where you’ve used advanced Excel functions to manage costs or analyse data. This will give you an edge and demonstrate your proficiency to potential employers.
✨Tip Number 4
Don’t forget to apply through our website! We often have exclusive listings and resources that can help you land that Cost Engineer role. Plus, it’s a great way to stay updated on new opportunities tailored just for you.
We think you need these skills to ace Cost Engineer. Job in London LilyLifestyle Jobs
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience with financial monitoring and project expenditure. We want to see how your skills align with the responsibilities listed in the job description, so don’t hold back on showcasing your relevant achievements!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the Cost Engineer role. Mention your advanced Excel skills and any experience with SAP or similar ERP systems, as these are key qualifications we’re looking for.
Be Clear and Concise:When filling out your application, keep your language clear and to the point. We appreciate straightforward communication, especially when it comes to financial matters. Avoid jargon unless it’s necessary, and make sure your points are easy to understand.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into our hands quickly. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at United Cerebral Palsy of Georgia
✨Master Your Numbers
As a Cost Engineer, you'll need to showcase your advanced Excel skills. Brush up on your Excel functions and be ready to discuss how you've used them in past projects. Maybe even prepare a quick example of how you managed project expenditures or analysed financial data.
✨Know Your Financial Risks
Understanding financial risks is crucial for this role. Before the interview, think about potential risks you've encountered in previous projects and how you communicated these to your team. Be prepared to discuss specific examples and the outcomes of your actions.
✨Familiarise Yourself with ERP Systems
If you have experience with SAP or similar ERP systems, make sure to highlight it. If not, do a bit of research on how these systems work and be ready to discuss how you would adapt to using them. Showing a willingness to learn can go a long way!
✨Prepare for Financial Reporting Questions
Since supporting monthly reporting is part of the job, brush up on how to prepare financial information for stakeholders. Think about how you've done this in the past and be ready to explain your process. This will demonstrate your understanding of the role's requirements.
