Senior Cost Manager
2 weeks ago
Senior Cost Manager (IT & Transformation) OSB Group – West Midlands, England, United Kingdom Base pay range: £72,000 – £85,000 (dependent upon experience) Location: Wolverhampton or Chatham, or remote within the UK. What you will be doing As Senior Cost Manager you will be the senior Finance representative within IT and Transformation leadership teams, challenging plans, shaping spend profiles and presenting an evidence‑based cost narrative for core IT and the cloud native Transformation programme. Key responsibilities Lead cash accounting, capitalisation, depreciation/amortisation and maintain accuracy of total cost of ownership across Transformation and Group Technology, partnering closely with Group Financial Control. Lead the annual budget and rolling forecast processes; build driver‑based models, identify risks and cost‑saving opportunities early. Implement cloud cost governance and support optimisation initiatives. Produce and present monthly actuals vs budget/forecast with clarity of root‑cause variance analysis and corrective actions. Prepare material for Senior Leadership Team, Programme SteerCo and Group ExCo. Maintain a concise “cost narrative” explaining the composition and evolution of the cost base. Simplify cost models, shorten close/reporting timelines, automate reconciliations, and raise insight‑quality analysis. What’s in it for you Base salary £72,000 – £85,000. Enhanced family‑focused benefits. Annual bonus opportunity up to 25%. 30 days annual leave plus bank holidays. Qualifications & experience Fully qualified accountant with experience influencing executive stakeholders. Track record in cost and/or management accounting within Financial Services, owning complex technology cost centres or major programmes. Hands‑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) and experience with ERP/General ledger and forecasting tools to build clean, auditable driver‑based models. Experience and knowledge of good financial control hygiene (reconciliations, documentation, segregation of duties). Strong analysis and clear communication skills – confident in presenting information and data in a digestible way. Next steps If this sounds like you, apply now. If you have any questions or would like to discuss the role, explore our process or hear from our team, visit https://www.osb.co.uk/careers/overview. Diversity & Inclusion We champion diversity at all levels, with Board‑level Diversity Champions tracking our progress. 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. #J-18808-Ljbffr
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