Senior Cost Manager

About the teamWe are recruiting a Senior Cost Manager to own the end to end cost agenda, including maintaining a concise 'cost narrative' for core IT and the cloud native Transformation programme. This is a new role reporting into the Head of Cost, Reporting and Lending and will also work alongside a small team of Cost Business Partners.The role can be based from Wolverhampton or Chatham.What you will be doing: As Senior Cost Business Manager you will be the senior Finance representative into the IT and Transformation leadership teams, you'll challenge plans, shape spend profiles and tell a clear, evidence-based cost narrative that non-finance and technical stakeholders can act on.Your responsibilities will include…Lead cash accounting, capitalisation, depreciation/amortisation and the accuracy of the total cost of ownership across Transformation and Group Technology; partner closely with Group Financial ControlLead the annual budget and a rolling forecast processes; build driver-based models (and identify risks and cost saving opportunities earlyImplement cloud cost governance and support optimisationProduce and present monthly actuals vs budget/forecast with clear root-cause variance analysis corrective actions and decision requests.Prepare materials suitable for SLT, Programme SteerCo and Group ExCoMaintain a concise "cost narrative" that explains how the cost base is composed and how it's evolvingSimplify the cost model, shorten close/reporting timelines, automate reconciliations, and raise insight quality analysisWhat's in it for you? Base salary from £72,000 - £85,000 dependant upon experienceEnhanced family-focused benefitsAnnual bonus opportunity up to 25%30 days annual leave + bank holidaysPlease use this link to see the fantastic benefits available at OSB: you have the skills?We are looking for talented individuals who have the skills set out below:Fully qualified accountant with experience working and influencing Executive stakeholdersTrack record in cost and/or management accounting within Financial Services, with proven ownership of complex technology cost centres and/or major programmesHands-on IT cost domain knowledge (infrastructure, software, services, projects; cloud)Demonstrable project accounting experience (capex/opex/cash)Advanced financial modelling in Excel including Power Query; experience with ERP/General ledger and forecasting tools to build clean, auditable driver-based models from raw data and provide insights and recommendationsExperience and knowledge of good financial control hygiene (reconciliations, documentation, segregation of duties)Strong analysis and clear communication skills in order to confidently present information and data in a digestible wayNext steps:If you think you are the right match for the following opportunity, apply after reading the complete description. If this sounds like you, apply now Still on the fence? Hear from our team or explore our process: OSB CareersShortlisted candidates will go through a personalised recruitment process, that is relevant and conversational - inclusive any individual reasonable support required. We want to bring out the best in youDiversity & Inclusion We champion diversity at all levels, with Board-level Diversity Champions tracking our progress. xwwtmva We are proud to be signed up to the Women in Finance Charter to actively support the growth and development of senior women in our sector and are dedicated to treating all our employees and job applicants equally, opposed to discrimination on any grounds. Desired Skills and ExperienceExcel, accountant, accountancy, finace, cost manager, technology, transformation, cash accounting, communication, cost agenda, cost governance, management accounting, power query,