Cost Modeller

www.topfinancialjobs.co.uk - Jobboard; Hampton Magna; Hybrid; GBP 35,000 - 55,000; Full time

Job summary

A leading technology company is seeking a Cost Modeller to join their Bid Management division. This role involves developing cost models and pricing strategies to support high-quality bids and proposals. The successful candidate will thrive in a collaborative environment and possess strong financial skills, with a focus on Telecoms and Networks.

Benefits

26 days annual leave + public holidays

Access to FlexBens portal

Family-friendly policies

Occupational health and wellbeing support

Discounts on cinema, restaurants, and shopping

Qualifications

• Experience in a Cost Analyst / Cost Management / Bid team environment.
• Skilled in producing cost models and spend tracking.
• Understanding of margin calculations and pricing strategies.

Responsibilities

• Develop cost models and pricing strategies for bids.
• Support bid strategy development and prepare materials for submissions.
• Conduct post-submission reviews and recommend improvements.

Skills

Cost modelling

Financial analysis

Organisational skills

Interpersonal skills

Data interpretation

Tools

Microsoft Office 365

Excel

Job description

Location: Flexible Work Location (Agile working)
Job type: Full time, Permanent
Ref: 1454

Telent's Network Services Bid Management division are looking for an addition of a Cost Modeller with strong financial, costing, and commercial acumen, to join the team. This role will see you work from home and visit the Warwick office at least 1 day per week for collaborative working and meetings.

At Telent, you'll be part of something bigger - keeping critical networks connected and protected 24/7. We value learning, collaboration, and continuous improvement.

You'll support the Bid Manager in delivering high-quality, successful Bids and Proposals across various programmes, aligned with Telent's bid procedures, by creating Cost Models and Pricing Strategies for our customers.

What you'll do:

• Develop cost models and cost / pricing strategies that balance competitive pricing with risk mitigation.
• Support bid strategy development with opportunity owners and business leads.
• Prepare materials for go/no-go decisions, deal reviews, submissions, and presentations.
• Conduct post-submission reviews and recommend improvements.
• Prepare and present P&L (profit and loss) / cashflow models, ensuring all costs are captured and governance followed.
• Propose milestone structures to improve cashflow.
• Present pricing strategies aligned with bid objectives and cost models.
• Identify and document risks, including mitigation strategies and associated costs.
• Collaborate with Sales, SMEs, Procurement, Technical, and Commercial teams.
• Contribute to PQQ responses and promote best practices in bid quality.

Who you are:

As the Cost Modeller, you will naturally be confident with numbers, be commercially aware, and experienced in tracking and presenting costs and pricing strategies. You thrive in a fast-paced, collaborative environment and ideally have an interest in Telecoms and Networks.

Key requirements:

• Experience in a Cost Analyst / Cost Management / Bid team environment, driving efficiencies and improving success rates.
• Skilled in producing cost models / cost modelling and spend tracking (tracking spend) aligned with bid responses.
• Strong organisational and financial skills, with the ability to interpret data and models.
• Understanding of margin / blended margin and able to calculate margin and pricing.
• Broad understanding of Telecoms and/or IT products and services.
• Proficient in Microsoft Office 365, especially Excel.
• Experience with ITT cost responses (invitation to tender) and high-value bids.
• Strong interpersonal skills and able to present.
• Ability to develop simple solutions to complex challenges.
• Experience identifying customer needs and shaping tailored propositions.

What we offer:

• 26 days annual leave + public holidays (with buy/sell options)
• Access to FlexBens portal
• Family-friendly policies
• Occupational health and wellbeing support
• Discounts on cinema, restaurants, and shopping via Telent Rewards

About Telent:

Telent is a leading technology company supporting the UK's critical digital infrastructure. With over 2,400 dedicated professionals, we deliver high-performance solutions that connect communities. We're committed to diversity, inclusion, and empowering our people to thrive.