At a Glance
- Tasks: Monitor budgets, track costs, and support project teams in financial management.
- Company: Join WSP, a leader in Civil Infrastructure & Utilities with a collaborative culture.
- Benefits: Enjoy flexible working, health support, and opportunities for personal development.
- Other info: Be part of a supportive team that values inclusivity and personal growth.
- Why this job: Make a real impact on diverse projects while growing your financial management skills.
- Qualifications: Degree in finance or related field; experience in cost management is a plus.
The predicted salary is between 40000 - 50000 € per year.
Operating within the Civil Infrastructure & Utilities division of WSP, the Commission Management Team is a small team of seven staff members working on individual projects and Frameworks, coming together to share knowledge and support one another as a group, to promote growth of individuals and of the team. As Cost Manager you will work collaboratively within the Commission Management Team and with project teams, analysing costs and ensuring that projects are completed within budget. The Cost Manager will represent the Commission Management Team in supporting project teams in all aspects of cost control, financial reporting, and contract administration.
Responsibilities
- Monitoring budgets, tracking expenditure, and report any deviations from the projected costs.
- Generate regular financial reports, highlighting cost performance and variances.
- Support the process of implementing cost control measures to maintain project budgets and enhance profitability.
- Maintain accurate and detailed records of project costs, contracts, and financial transactions.
- Work closely collaboratively with team members, project managers and engineers, ensure effective cost management on projects.
- Forecasting future costs and financial impacts for ongoing projects.
- Supporting project teams in the change control process, preparing quotations for change requests and adjusting the budget and forecast where necessary.
You will be part of a driven and productive team of cost managers which offers a support network for learning and development within the role. You will develop a good understanding of the financial management of projects from inception to completion. The opportunity to experience working on a variety of projects and contractual arrangements will offer diversity in the breadth of experience you will gain.
What we will be looking for you to demonstrate…
- A bachelor's degree in finance, accounting, quantity surveying, or a related field.
- Previous experience in cost management, or a similar role in the construction industry would be beneficial.
- You will have a focused approach and demonstrate attention to detail, and knowledge of using financial software (Oracle) and Microsoft Office Suite.
- Good organizational and time management skills, with the ability to handle multiple tasks and deadlines.
- Collaborative mindset and ability to work effectively in a team environment.
Benefits
- Work-life balance: Our hybrid working policy offers the flexibility to work from home two days a week, while also providing opportunities to collaborate in our modern offices across the UK.
- Inclusivity & Belonging: We welcome applicants with varied backgrounds and experiences. We enable rewarding careers by encouraging people to bring their whole and authentic selves to work.
- Health and wellbeing support through our Thrive programme and access to a Virtual GP service.
- Flexibility in working hours and arrangements to enhance work-life balance.
- Support for development and training through mentoring and Chartership.
Cost Manager - PMCM CI&U in Birmingham employer: WSP Global Inc.
WSP is an exceptional employer that prioritises work-life balance and inclusivity, offering a hybrid working policy that allows flexibility while fostering collaboration in modern offices. With a strong commitment to employee growth through training and mentoring, as well as unique benefits like the 'WSP My Hour' initiative and comprehensive health support, WSP creates a supportive environment where individuals can thrive both personally and professionally.
StudySmarter Expert Advice🤫
We think this is how you could land Cost Manager - PMCM CI&U in Birmingham
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend events, and join relevant groups. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its projects. Understand their values and how they align with your skills as a Cost Manager. This will help you stand out and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice your interview skills with a friend or mentor. Get comfortable discussing your experience in cost management and how you've tackled challenges in previous roles. The more you practice, the more confident you'll feel when it counts!
✨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 take the initiative to connect directly with us.
We think you need these skills to ace Cost Manager - PMCM CI&U in Birmingham
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Cost Manager role. Highlight your relevant experience in cost management and any specific projects you've worked on that align with the job description. We want to see how your skills fit into our team!
Showcase Your Skills:Don’t forget to showcase your organisational and time management skills. Mention any financial software you’ve used, like Oracle, and how you’ve successfully managed budgets in past roles. This will help us see your potential contribution to our projects.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about cost management and how you can support our Commission Management Team. Be sure to mention your collaborative mindset and how you thrive in team environments.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at WSP Global Inc.
✨Know Your Numbers
As a Cost Manager, you'll need to demonstrate your understanding of financial management. Brush up on key financial concepts and be ready to discuss how you've managed budgets in the past. Prepare examples of how you tracked expenditure and reported deviations, as this will show your practical experience.
✨Familiarise Yourself with Financial Software
Since knowledge of financial software like Oracle is crucial for this role, make sure you're comfortable discussing your experience with it. If you haven't used Oracle before, consider exploring its features online or through tutorials to show your willingness to learn.
✨Show Your Collaborative Spirit
WSP values teamwork, so be prepared to share examples of how you've worked collaboratively in previous roles. Think about times when you supported project teams or contributed to cost control measures, and highlight your ability to communicate effectively with different stakeholders.
✨Prepare for Change Control Scenarios
Understanding the change control process is key for this position. Be ready to discuss how you've handled change requests in the past, including preparing quotations and adjusting budgets. This will demonstrate your proactive approach to managing project costs.
