At a Glance
- Tasks: Lead cost controlling and budgeting processes while collaborating with various departments.
- Company: Join a dynamic tech company in the heart of London.
- Benefits: Enjoy health care, pension contributions, flexible benefits, and generous vacation days.
- Other info: Hybrid role with excellent career growth opportunities and a supportive culture.
- Why this job: Make a real impact on financial strategies in a fast-paced environment.
- Qualifications: 5+ years in cost control with strong analytical and communication skills.
The predicted salary is between 60000 - 75000 € per year.
This is a hybrid position in our London office with 3 days in the office (at Covent Garden).
What You Will Do
- Own end-to-end cost controlling across the group, including OpEx, CapEx, headcount/personnel costs, vendor spend, and technology/infrastructure costs.
- Lead the annual cost budgeting process and rolling cost forecasts, partnering with department heads to build bottom-up plans and challenge assumptions.
- Deliver monthly and quarterly cost reporting packages, including budget vs. actual variance analysis, run-rate tracking, and executive-level commentary on cost drivers.
- Monitor and analyze key cost KPIs (e.g., cost per employee, cost per revenue unit, infrastructure/cloud cost ratios, gross margin impact) and flag deviations early.
- Identify, quantify, and track cost-saving and efficiency initiatives, working closely with business owners to ensure savings are realized and reflected in the P&L.
- Develop and maintain robust cost allocation models across entities, cost centers, products, and projects to support transparent internal reporting and transfer pricing.
- Build and refine scenario and sensitivity models that translate cost decisions (hiring plans, vendor changes, infrastructure scaling) into P&L and cash impact.
- Manage the monthly calculation and posting process for Verve’s Own Work Capitalized (OWC) under IAS 38, including supporting evidence, documentation, and additional analyses as required.
- Partner with product and engineering teams to track project developments, assess capitalization criteria, and support strategic discussions on team and asset structuring across entities.
- Prepare annual memos and documentation for the Annual Group Audit and act as the primary point of contact for auditors on cost capitalization and OWC-related matters.
- Contribute to group-level forecasting, ensuring cost lines are reflected accurately and consistently and providing insights to support strategic decision-making.
- Partner with Finance Operations and Group Accounting to ensure clean cost coding, accurate accruals, and a smooth and timely month-end close.
- Strengthen cost controls, approval workflows, and policies to protect margin while enabling the business to move fast.
- Support finance leadership with ad hoc projects, analyses, and strategic initiatives as required.
What You Will Bring
- Degree in Finance, Accounting, Economics, or a related field; CPA, ACCA, CIMA, or equivalent qualification is a strong plus.
- 5+ years of experience in cost controlling, FP&A, or financial management, ideally within AdTech, SaaS, or another fast-paced technology environment.
- Proven track record in OpEx/CapEx controlling, cost forecasting, variance analysis, and driving measurable cost-saving initiatives.
- Strong technical knowledge of IFRS and local accounting standards, particularly IAS 38 and the capitalization of internally generated intangible assets, as well as cost recognition and accruals.
- Experience working with auditors on capitalization and cost-related matters.
- Experience with financial systems (e.g., NetSuite, Lucanet) and BI/visualization tools (e.g., Tableau, Power BI); SQL knowledge is a plus.
- Advanced Excel and strong financial modeling skills, with the ability to build clear, auditable cost models.
- Commercial mindset with the confidence to challenge budget owners, vendors, and senior stakeholders constructively.
- Exceptional analytical, problem-solving, and communication skills, with the ability to collaborate effectively with technical and non-technical stakeholders and translate complex cost data into clear narratives.
Please note: we can only consider candidates with the legal right to work in the UK, as we are currently unable to provide visa sponsorship for this role.
What We Offer
- Stay healthy with our Bupa HealthCare Plan with easy access to medical care.
- Support your long-term financial security with our Aviva Corporate Pension Scheme, with Verve contributing 5% of your qualifying earnings.
- Pick what matters most to you in our Personalized Benefits Platform, with a budget of £50/month.
- Recharge with 25 paid vacation days + 3 Wellness days throughout the year, in addition to the public holidays.
- Boost your professional knowledge with our annual training budget & internal webinars.
Verve provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
Senior Cost Controller (+OWC) employer: Verve Group
Verve is an exceptional employer located in the vibrant Covent Garden area of London, offering a hybrid work model that promotes flexibility and work-life balance. With a strong focus on employee well-being, we provide comprehensive benefits including a Bupa HealthCare Plan, a generous pension scheme, and 25 vacation days plus wellness days. Our commitment to professional growth is evident through our annual training budget and internal webinars, making Verve a fantastic place for those seeking meaningful and rewarding career opportunities in a dynamic environment.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Cost Controller (+OWC)
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and cost control sectors. Attend industry events or webinars, and don’t be shy about asking for introductions. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for those interviews! Research the company and its financial practices, especially around cost management. We recommend practising common interview questions related to cost controlling and having examples ready that showcase your skills and achievements.
✨Tip Number 3
Show off your analytical skills! During interviews, be ready to discuss how you've tackled cost-saving initiatives in the past. We want to hear about your thought process and the impact of your decisions on the bottom line.
✨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, we love seeing candidates who are proactive and engaged with our company.
We think you need these skills to ace Senior Cost Controller (+OWC)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Cost Controller role. Highlight your experience in cost controlling, OpEx/CapEx management, and any relevant financial qualifications. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a perfect fit. Don’t forget to mention your experience with cost forecasting and variance analysis.
Showcase Your Analytical Skills:In your application, be sure to highlight your analytical and problem-solving skills. We love candidates who can translate complex data into clear narratives, so share examples of how you've done this in past roles.
Apply Through Our Website:We encourage you to apply through our website for the best chance of being noticed. It’s super easy, and we can’t wait to see your application come through!
How to prepare for a job interview at Verve Group
✨Know Your Numbers
Before the interview, brush up on key financial metrics and cost control principles relevant to the role. Be prepared to discuss your experience with OpEx and CapEx controlling, as well as how you've successfully managed budgets and forecasts in previous positions.
✨Showcase Your Analytical Skills
Prepare examples that highlight your analytical prowess. Think of specific instances where you identified cost-saving initiatives or improved financial processes. Being able to translate complex data into clear narratives will impress your interviewers.
✨Familiarise Yourself with IFRS Standards
Since the role requires strong knowledge of IFRS and IAS 38, make sure you can discuss these standards confidently. Brush up on how they relate to cost capitalisation and be ready to explain how you've applied them in your past roles.
✨Engage with Stakeholders
Demonstrate your ability to collaborate with both technical and non-technical stakeholders. Prepare to discuss how you've worked with different teams, such as product and engineering, to track project developments and assess financial impacts. This shows you're not just a numbers person but also a team player.