Find More Than 10K+
United Kingdom Jobs

Job title: Cost Analyst

Location: Warwick/Hybrid

Duration: 6 months initially

The role:

To build and maintain a capital investment unit cost library across the asset base. Provide cost Intelligence across GT, for estimating and forecasting investment project costs.

Responsibilities:

• Identify, extract and validate cost data from different data sources (SAP, FACC, G35, delivery teams and Activity Schedules)

• Apportion Overhead costs to the assets delivered as part of projects

• Identify the Equipment units (and UIDs) delivered in the project. Analyse the differentiators and intervention types for the equipment units

• Perform cost allocation as per the equipment units (and UIDs), differentiators and intervention types as appropriate

• Analyse cost divisions /cost breakdown and capture discrepancies. Analyse overheads and Apply defined business validation rules

• Query cost data and resolve queries to a satisfactory conclusion with relevant internal functions and business units

• Provide support to Senior Cost analyst and other team members for any cost benefit analysis, outlier data analysis, predictive cost forecasts etc.

• Capture Lessons Learnt and document data discrepancies during Analysis phase

• Provide support / coaching to user groups regarding data queries, related unit costs or equipment unit taxonomy

• Ensure Cost Standards are maintained, and the quality of Cost Data is mature for Regulatory assessment

• Cost Data Maintenance

Requirements:

• Experience of project accounting in a construction, energy or utilities environment

• Awareness of period accounting and accounting practices

• Experience of working with cost data, working to rules for cost allocation/apportionment, using cost estimation techniques, variance analysis of standard and actual costs

• Experience of undertaking cost data analysis, querying data to reach satisfactory conclusions with relevant internal functions and operational business units, variance analysis of standard and actual costs

• Appreciation of typical operational activities performed in the execution of asset health, cyber and network modification works

• Awareness of how estimates are formed from first principles

• Awareness of major cost differentiators

• Ability to accurately work with high volumes of data and adopt all best practices associated with storing, manipulating, and handling data

Pontoon is an employment consultancy. We put expertise, energy, and enthusiasm into improving everyone's chance of being part of the workplace. We respect and appreciate people of all ethnicities, generations, religious beliefs, sexual orientations, gender identities, and more. We do this by showcasing their talents, skills, and unique experience in an inclusive environment that helps them thrive.

Candidates will ideally show evidence of the above in their CV in order to be considered.

Please be advised if you haven't heard from us within 48 hours then unfortunately your application has not been successful on this occasion, we may however keep your details on file for any suitable future vacancies and contact you accordingly.

To speak to a recruitment expert please contact Louise Picken