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Senior Cost Analyst
2 months ago
We are seeking a highly skilled Senior Cost Analyst to join our team at Thames Water. As a Senior Cost Analyst, you will play a critical role in providing comprehensive financial planning and reporting support to our Retail - Service delivery team.
Key Responsibilities:- Produce monthly, quarterly, and annual financial reporting, including valuable performance insights, to drive efficiency and support our turnaround journey.
- Support the management of Metering stock control and reporting.
- Own and prepare monthly financial results, accrual management, and variance analysis against set budgets for management and group finance reporting.
- Prepare and manage detailed budgets and forecasts for the Demand Reduction programme Customer side Leakage, monitoring performance against agreed targets and investigating operational causes of variances and issues.
- Build and maintain financial cost models for Demand Reduction programmes.
- Manage the lifecycle of capital projects in SAP from creation, delivery monitoring, to closing down and commissioning the asset or writing off costs if no asset is created.
- Support Project Managers in preparing upcoming Investment Papers, providing financial input for review and endorsement ahead of submission for approval.
- Support in improving and maintaining a robust stock management system for Meter stock, from procurement to accurate cost allocation in projects.
- Strong finance background with experience in project cost management.
- Strong analytical, Excel, and PowerPoint skills, with experience in using and building financial models in Excel.
- Knowledge of SAP ERP and Power BI.
- Understanding of stock management desirable.
- Strong business and commercial acumen.
- Ability to travel occasionally to Clearwater court or MGJV Stock Warehouses.
- Competitive salary of £48,000 and up to £58,000 per annum depending on skills and experience.
- Annual leave - 26 days holiday per year increasing to 30 with length of service (plus bank holidays).
- Contributory pension - Defined Contribution - Maximum of 12% - 2x employee contribution.
- Personal medical assessments - open to all once a year.
- Wider benefits scheme including our benefits hub, packed full of offers and information to save you money and support your wellbeing.
We are an equal opportunities employer and welcome applications from everyone. We encourage you to apply if you have the skills and experience we are looking for.