At a Glance
- 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 hybrid working, health programmes, and flexible hours.
- Other info: Collaborative environment with strong support for learning and development.
- Why this job: Gain hands-on experience in financial management across diverse projects.
- Qualifications: Bachelor's degree in finance or related field; Excel skills required.
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 in London employer: Wsp In The Uk & Ireland
WSP is an exceptional employer for an Assistant Cost Manager, offering a collaborative work culture that prioritises employee growth and development. With a hybrid working policy and flexible arrangements, you can achieve a healthy work-life balance while gaining invaluable experience on diverse projects. Our commitment to health and wellbeing, alongside a supportive team environment, makes WSP a rewarding place to build your career in cost management.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Cost Manager in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the construction and finance sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by practising common questions related to cost management. Think about how you can showcase your experience with financial reporting and budget tracking. We recommend using the STAR method to structure your answers – it really helps to highlight your skills!
✨Tip Number 3
Show off your Excel skills! Create a portfolio of reports or dashboards you've worked on. This will not only demonstrate your proficiency but also give you something tangible to discuss during interviews. Remember, numbers speak volumes!
✨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 about their job search. Let’s get you that Assistant Cost Manager role!
We think you need these skills to ace Assistant Cost Manager in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Assistant Cost Manager role. Highlight your experience in cost management, financial reporting, and any relevant software skills, especially with Excel. We want to see how your background aligns 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 passionate about cost management and how you can contribute to our team. Be sure to mention any specific projects or experiences that relate to the job description.
Showcase Your Team Spirit:Since we value collaboration, make sure to highlight your ability to work effectively in a team environment. Share examples of how you've successfully collaborated with others in past roles, especially in managing budgets or projects.
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s straightforward and ensures your application goes directly to us. Plus, you’ll find all the details you need about the role there!
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 terminology and be ready to discuss how you've managed costs in previous roles. Be prepared to give examples of how you tracked expenditure and reported deviations.
✨Excel is Your Best Friend
Proficiency in Microsoft Excel is a must for this role. Before the interview, practice creating reports and dashboards. You might even want to bring a sample report to showcase your skills. This will demonstrate your readiness to handle the financial aspects of the job.
✨Team Player Mindset
Collaboration is key in this role, so be ready to talk about your experience working in teams. Share specific examples of how you've worked closely with project managers and engineers to ensure effective cost management. Highlight your ability to communicate and support others in achieving project goals.
✨Attention to Detail
Cost management requires a keen eye for detail. During the interview, emphasise your organisational skills and how you maintain accurate records of project costs and contracts. You could mention any tools or methods you use to keep everything in check, showing that you're meticulous and reliable.
