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- Tasks: Support project teams by analysing costs and ensuring budgets are met.
- Company: Join a dynamic team at WSP, a leader in cost management.
- Benefits: Enjoy flexible working, health programmes, and a supportive learning environment.
- Other info: Hybrid work options and a focus on work-life balance.
- Why this job: Gain hands-on experience in financial management across diverse projects.
- Qualifications: Degree in finance or related field; Excel skills are a must.
The predicted salary is between 30000 - 40000 £ per year.
As an Assistant Cost Manager, you will support the Commission Management Team and project teams by analyzing costs and ensuring projects remain within budget. You will handle cost control, financial reporting, contract administration, and support the change control process.
A typical day would include:
- Assist in monitoring budgets, tracking expenditure, and reporting any deviations from projected costs.
- Generate regular financial reports, highlighting cost performance and variances.
- Support the implementation of cost control measures to maintain project budgets and enhance profitability.
- Maintain accurate and detailed records of project costs, contracts, and financial transactions.
- Work closely with team members, project managers, and engineers to ensure effective cost management on projects.
- Assist in forecasting future costs and financial impacts for ongoing projects.
- Assist in the change control process, preparing quotations for change requests and adjusting the budget and forecast where necessary.
What we will be looking for you to demonstrate:
- A bachelor's degree in finance, accounting, quantity surveying, or a related field.
- Proficiency in Microsoft Excel, to create reports and dashboards.
- Previous experience in cost management or a similar role in the construction industry would be beneficial.
- A focused approach with attention to detail, and knowledge of using financial software.
- Good organizational and time-management skills, with the ability to handle multiple tasks and deadlines.
- A collaborative mindset and ability to work effectively in a team environment.
- Experience with Oracle is preferred, but not essential.
Benefits:
- Part of a driven and productive team of cost managers and quantity surveyors, offering a support network for learning and development.
- Gain a deep understanding of the financial management of projects from inception to completion.
- Opportunity to work on a variety of projects and contractual arrangements, offering diversity of experience.
- Develop the skills and experience required to manage your own projects independently.
- Work-life balance and flexibility.
- Hybrid working policy allows working from home up to two days a week.
- Flexible working arrangements, part-time options, and the ability to purchase additional leave.
- Access to the WSP My Hour allowing one hour per day for personal activities.
- Health & Wellbeing programmes including virtual GP service, reasonable workplace adjustments, gym flexibility, and a comprehensive menopause support package.
Equal Opportunity Statement: Here at WSP we positively encourage applications from suitably qualified and eligible candidates regardless of sex, race, disability, age, sexual orientation, gender reassignment, religion or belief, marital status, pregnancy or maternity/paternity. As a Disability Confident leader, we will interview all disabled applicants who meet the essential criteria, please let us know if you require any workplace adjustments in support of your application.
Assistant Cost Manager employer: Wsp In The Uk & Ireland
Contact Detail:
Wsp In The Uk & Ireland Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Cost Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend events, and join relevant online 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 understanding their projects. Tailor your answers to show how your skills in cost management can directly benefit their team. Confidence is key!
✨Tip Number 3
Don’t just wait for job postings! Be proactive and reach out to companies you admire, even if they’re not advertising positions. A well-crafted email expressing your interest can open doors.
✨Tip Number 4
Apply through our website for the best chance of getting noticed. We love seeing candidates who take the initiative to connect with us directly. Plus, it shows you're serious about joining our team!
We think you need these skills to ace Assistant Cost Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Assistant Cost Manager role. Highlight your relevant experience in cost management and any specific skills that match the job description, like proficiency in Excel or financial software.
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 your background makes you a great fit for our team. Keep it concise but engaging!
Showcase Your Team Spirit: We love collaboration at StudySmarter! In your application, mention any experiences where you've worked effectively in a team. This will show us that you can thrive in our supportive environment.
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’s super easy to do!
How to prepare for a job interview at Wsp In The Uk & Ireland
✨Know Your Numbers
As an Assistant Cost Manager, you'll be dealing with budgets and financial reports. Brush up on your financial knowledge and be ready to discuss how you've managed costs in previous roles. Be specific about the tools you used, like Excel, and any software you're familiar with.
✨Showcase Your Team Spirit
Collaboration is key in this role. Prepare examples of how you've worked effectively within a team, especially in managing projects or budgets. Highlight your communication skills and how you’ve supported project managers and engineers in achieving cost control.
✨Be Detail-Oriented
Attention to detail is crucial for this position. During the interview, mention instances where your meticulous nature helped catch discrepancies in budgets or reports. This will demonstrate your ability to maintain accurate records and manage financial transactions.
✨Prepare for Change Control Questions
Since you'll assist in the change control process, be ready to discuss how you've handled changes in project scopes or budgets before. Think of examples where you prepared quotations for change requests and adjusted forecasts accordingly, showcasing your adaptability.