Cost Modelling Manager
Cost Modelling Manager
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Job Description
Line of Service
Internal Firm ServicesIndustry/Sector
Business ServicesSpecialism
IFS Internal Firm Services OtherManagement Level
ManagerJob Description & Summary
About the role
The role will be based in Cardiff Belfast or Birmingham however as a result of the wide variety of clients and projects you may be asked to work in other locations and beyond sometimes at short notice and sometimes over lengthy periods of time. Your desire and ability to do this will be discussed as part of the recruitment process.
The role of Commercial Cost Modeller is focused on the interrogation development and challenge of commercial data and models with the objectives of discovering and leveraging useful information that can be used to support evidence based decision making.
The Commercial Cost Modeller is expected to support clients in the analysis of key commercial data and identify levers to drive efficiencies against their current models.
What your days will look like:
The Commercial Cost Modeller will be required to support engagement teams with a number of tasks which are supported through the review and evaluation of client data supplier data market data and assessment/development of complex cost models. Typical examples of these are included below:
Cost modelling: analysing and challenging client/ supplier cost models and creation of should cost and Cost Transformation models to identify and drive efficiency opportunities. Includes cost analysis assessing cost drivers such as: labour rates Indirect / direct costs and inflation.
Performance/Incentive modelling: analysing how the financial and performance incentives of a contract (e.g. pain / gain share KPIs) could influence supplier behaviour.
Support to client negotiations with key suppliers. Identifying variances in should cost and supplier proposals to develop negotiation strategies and to align costs with contractual terms.
Support to business case development utilising should cost modelling outputs to generate a range of costs for approval. .
As a Manager in the team you will be able to resolve unusual and nonstandard problems and issues be aware of alternative options and approaches to situations can guide and advise others in this skill and be able to look ahead and anticipate. You will display extensive practical experience and applied knowledge of the subject in a wide range of work situations.
You will be overseeing delivery of cost modelling by more junior staff and will need to QA their work and drive their development in this area.
There will also be a need to support solution design for cost modelling engagements and contribute to proposals and propositions to promote the work of the team to potential Clients.
This role is for you if:
Experience working as a Commercial Analyst Cost Modeller Cost Engineer or Management Accountant in a corporate function.
Knowledge and/or certifications demonstrating capability working with data models and reporting packages (ideally Excel / Power BI/ Alteryx).
Ability to analyse large data sets
Commercial awareness and strong cost modelling skills.
Ability to write comprehensive reports and have strong verbal and written communication skills
Candidates must possess a valid Security Clearance or be willing and eligible to undergo the necessary process for obtaining security clearance.
Experience in growing a modelling capability in the context of a wider portfolio of commercial managed services and building a team and associated business.
What youll receive from us:
No matter where you may be in your career or personal life our benefits are designed to add value and support recognising and rewarding you fairly for your contributions.
We offer a range of benefits including empowered flexibility and a working week split between office home and client site; private medical cover and 24/7 access to a qualified virtual GP; six volunteering days a year and much more.
Education (if blank degree and/or field of study not specified)
Degrees/Field of Study required:Degrees/Field of Study preferred:Certifications (if blank certifications not specified)
Required Skills
Optional Skills
Accepting Feedback Accepting Feedback Active Listening Analytical Thinking Business Process Outsourcing Claims Performance Management Communication Complaint Management Compliance Auditing Compliance Review Contract Review Corrective Actions Creativity Customer Data Management (CDM) Customer Due Diligence Customer Handling Data Entry Data Quality Data Quality Assessment Delivery Excellence Embracing Change Emotional Regulation Empathy Inclusion Intellectual Curiosity 20 moreDesired Languages (If blank desired languages not specified)
Travel Requirements
Up to 20Available for Work Visa Sponsorship
NoGovernment Clearance Required
NoJob Posting End Date
Required Experience:
Manager
Employment Type
Full-Time
