Job Title
Cost Data Analyst 59750

Employment Type
Contract
Estimated Duration 12
This role has been deemed outside of IR35

Location
Stevenage

The Opportunity

Fantastic contracting opportunity to work for a large Engineering Maintenance provider
 
Are you looking for a new contracting project?

If yes and the below is of an interest to you then please do get in contact!!


Your duties and responsibilities will be:

 The role as a Cost Data Analysts will be to execute identified job tasks in a diligent and efficient way as directed by the Commercial Manager.

To produce reports from the analysis of cost reports, and forecasts in order to facilitate improved cost control/reduction, and support the Operations team in delivering work scopes within budget and cost recover where appropriate.

 To provide the commercial manager with cost reports and value of work done summaries in order to advise on progress against budgets, and also forecasts of cost to completion

To provide advice and support to Delivery Managers regarding commercial aspects of managing contracts based on early interrogation of financial and cost data

To assist with the identification and management of contract variations

To assist in providing visibility on Contract Financial Performance including the preparation of required elements for monthly management accounts

To carry out audits & reviews as necessary, to assist with the identification and implementation of potential commercial improvements

To ensure suitable controls are in place in support of financial deliverables

To ensure compliance with company policies, processes and procedures related to the management of commercial aspects
 In addition to the duties and responsibilities listed, the position holder is required to perform other duties as may arise in connection with the successful operation of the Company or assigned by Commercial Manager from time to time

To interface with Business Managers, Invoicing, Accounts, Procurement, Tendering


  Analysis and production of cost report in a format to meet the needs of the client and client agents, the project management team, and the wider management team

  Produce weekly cost reports data in order to inform clients, operations, and management of progress against budgets

 Analyse any variances and advise the operations team of the reasons and any required actions e.g. revise estimates or request variation orders

 Produce forecasts for individual work scopes and ensure these are updated to reflect any changes to the scope, duration or timing of the job

Provide the client and client agents with monthly value of work done summaries, in order to highlight costs to date, nonvoiced costs to come, plus additional costs to complete the work scope

Collation of Contract Budgeting/Forecasting information & check on the integrity of the information provided to ensure the dependability of information provided

To collate all relevant start-up information for jobs/phases and to set up in the company database
To facilitate inter-dept. communication regarding the start-up of new jobs/phases

To study and familiarise oneself with relevant Contract Commercial Terms & Conditions and monitor to ensure compliance with these

To review all invoices for completeness & correctness prior to submission to the Client

To assist in the preparation of valuations to meet the requirements scope of works

Assist in preparation and resolving claims

Submission of annual rates uplifts

Assist in re-negotiation of revised contract terms

 Identification of areas of commercial weakness and assist in rectifying/improving such problems
Cross-sharing of ideas between different contracts to ensure lessons learnt from both positive and negative influences. (Export the positives to other areas/contracts and make recommendations to eradicate weaknesses) 
Assist in the standardisation of techniques and reporting mechanisms as far as is possible
 Assist in preparing/reviewing the commercial element of Business Cases
 Interface with Procurement Team on any project-specific aspects that fall out with Master Supplier/Sub-Contract Agreements (to ensure that optimum solution is reached for the company)
Assists the in preparation of financial elements for Client reports
Monitor and provide feedback relative to KPI performance and highlight areas where improvement is necessary to optimise financial return
 Assist in purchase v hire decision for equipment
Interface person for internal Accounts/Invoicing departments with regard to commercial issues
Reconciliation exercises as required
Provides detailed analysis of completed projects to highlight areas of learning and improvement
 



You will have the following qualifications & experience:
It s great if you also have the following:

Proven track record in a similar role

   Experience in a fast-paced work environment          
   Possess a finance degree or be working towards a recognised accounting qualification or have suitable relevant experience working in a similar Commercial or Financial role (desirable)
   Problem Solver
   Self-starter and team player with excellent communication skills
   Relationship builder with strong commercial Awareness
   Ability to work under pressure and to a deadline
   Knowledge/previous use of SAP (desirable)
   Highly personable
   Assertive and confident
   High level of discretion and confidentiality
   Experience of different contract types


Millbank Holdings Ltd is an equal opportunities employer and respects diversity. We welcome applications from all suitably qualified persons who are eligible to live and work in the UK.

Millbank is proud to be a member of the Disability Confident Scheme . Millbank operates as an Employment Agency and Business.