At a Glance
- Tasks: Lead cost controlling and budgeting processes while collaborating with various departments.
- Company: Dynamic tech company in London with a focus on innovation and growth.
- Benefits: Health care, pension contributions, personalised benefits, and generous vacation days.
- Other info: Hybrid role with opportunities for professional development and career growth.
- Why this job: Make a real impact on financial strategies in a fast-paced environment.
- Qualifications: Degree in finance or related field; 5+ years in cost control or financial management.
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 such as cost per employee, cost per revenue unit, infrastructure/cloud cost ratios, and gross margin impact, flagging 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 centres, products, and projects to support transparent internal reporting and transfer pricing.
- Build and refine scenario and sensitivity models that translate cost decisions into P&L and cash impact.
- Manage the monthly calculation and posting process for Verve’s Own Work Capitalised (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.
Job Requirements
- 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 such as NetSuite, Lucanet and BI/visualization tools such as Tableau and Power BI; SQL knowledge is a plus.
- Advanced Excel and strong financial modelling 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 per month.
- Recharge with 25 paid vacation days plus 3 wellness days throughout the year, in addition to public holidays.
- Boost your professional knowledge with our annual training budget and 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, colour, 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
Verve is an exceptional employer located in the vibrant Covent Garden area of London, offering a dynamic hybrid work environment that fosters collaboration and innovation. With a strong focus on employee well-being, we provide comprehensive benefits including a Bupa HealthCare Plan, a generous pension scheme, and a personalised benefits platform, alongside ample vacation and wellness days. Our commitment to professional growth is evident through our annual training budget and internal webinars, making Verve an ideal place for those seeking meaningful and rewarding career opportunities in a fast-paced technology setting.
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 tech sectors. Attend industry events or webinars, and don’t be shy about asking for informational interviews. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for those interviews by researching the company and its cost control practices. Be ready to discuss how your experience aligns with their needs, especially around OpEx and CapEx management. Show them you’re not just a fit on paper but also in practice!
✨Tip Number 3
Practice your pitch! You want to convey your skills in cost forecasting and variance analysis confidently. Role-play with a friend or use online resources to refine your delivery. The more comfortable you are, the better you’ll come across in interviews.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take that extra step to connect directly with us. Let’s get you that Senior Cost Controller role!
We think you need these skills to ace Senior Cost Controller (+OWC)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the job description. Highlight your experience in cost controlling, OpEx/CapEx management, and any relevant financial systems you've worked with. We want to see how your skills align with 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 the perfect fit for this role. Share specific examples of your achievements in cost forecasting and variance analysis, and don’t forget to show your enthusiasm for joining our team at StudySmarter.
Showcase Your Analytical Skills:Since this role involves a lot of data analysis, make sure to highlight your analytical prowess. Mention any tools you’ve used, like Excel or BI tools, and how you've applied them to drive cost-saving initiatives. We love numbers, so let them do the talking!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy – just a few clicks and you’re done!
How to prepare for a job interview at Verve
✨Know Your Numbers
As a Senior Cost Controller, you'll need to demonstrate your expertise in cost management. Brush up on key metrics like OpEx and CapEx, and be ready to discuss how you've successfully managed these in previous roles. Prepare specific examples of cost-saving initiatives you've led.
✨Master the Technical Details
Familiarise yourself with IFRS standards, especially IAS 38, as well as financial systems like NetSuite and BI tools. Be prepared to explain how you've applied this knowledge in real-world scenarios, particularly in relation to cost capitalisation and reporting.
✨Showcase Your Analytical Skills
Highlight your ability to analyse cost data and provide actionable insights. Bring along examples of variance analysis reports or cost forecasting models you've created. This will show your potential employer that you can translate complex data into clear narratives.
✨Engage with Stakeholders
Demonstrate your communication skills by discussing how you've collaborated with various teams, from finance to engineering. Be ready to share instances where you've constructively challenged budget owners or vendors, showcasing your commercial mindset and ability to drive results.