Cost & Modelling Lead Analyst

Yorkshire Water; Leeds; Hybrid; GBP 45,000 - 58,000; Full time

Benefits offered by this job

Competitive salary

Performance bonus (up to £1,000)

Pension contribution up to 12%

Development opportunities

25 days annual leave + 2 wellness days

Life assurance 4x pensionable salary

Benefits package & health options

Retail savings scheme

Online GP, cycleto work & gym perks

Job summary

Yorkshire Water in Leeds is seeking a Cost & Modelling Lead Analyst to join the Finance team on a permanent, hybrid basis. You will lead capital cost estimation modelling and ensure robust audit trails to support major programmes and investment decisions.

The role requires strong statistical modelling, stakeholder management, and the ability to translate data into actionable insights that align with sustainability goals and regulatory expectations.

Qualifications

• Technical knowledge and expertise in applied statistical modelling.
• Qualified in engineering, scientific or maths discipline.
• Strong stakeholder management skills, including managing internal expectations.
• A self-starter able to hit the ground running and quickly learn new skills.
• Strong communication and organisational skills.
• The ability to challenge others and understand diverse views.
• Strong financial and commercial awareness with informed decision making.

Responsibilities

• Be the key business lead in developing capital cost estimation models.
• Lead in creating models with robust audit trails and sound statistical methods.
• Drive development of new systems with suppliers for robust testing and UAT.
• Contribute to wider team objectives and lead strategic projects.
• Support application of carbon and cost data in decision making.
• Maintain data capture partnerships to validate cost and carbon data.
• Be flexible and multi-skilled to deploy skills where needed.

Skills

Statistical modelling

Engineering/Scientific/Maths degree

Stakeholder management

Self-starter

Communication skills

Organisational skills

Financial & commercial awareness

Education

Engineering/Scientific/Maths degree

Job description

Hello! Thanks for stopping by. Let us tell you about all the great reasons to join us here at Yorkshire Water:

• We offer a competitive salary, depending on experience (£45,200 - £57,750)
• Annual incentive related bonus (£1000 maximum bonus opportunity for the performance year)
• Attractive pension scheme (up to 12% company contribution)
• Development opportunities in line with the Cost & Modelling Lead Analyst progression plan.
• 25 days annual leave plus bank holidays – plus 2 extra wellness days!
• Life assurance cover of 4 times pensionable salary
• A great benefits package – choose from health cash plan scheme, critical illness insurance, dental insurance, life assurance flex and partner cover.
• Retail savings scheme
• Online GP service, cycle to work scheme, gym membership discounts and many more!

Location: Leeds Valley Park - Hybrid Working (1-3 days office a week –Leeds)

Work type: Permanent. 37 hours per week, Monday – Friday.

We have an exciting opportunity for a Cost & Modelling Lead Analyst to join the Finance team at Yorkshire Water and be a part of helping Yorkshire Water to provide the best service to our customers. Could this be you?

What we do:

Everyone has an idea of what a water company does. Here in Yorkshire, we make sure that over 5.4 million people living in the region and the millions of people who visit our region each year, can rely on our services, and have clean and safe drinking water on tap and that their wastewater is taken away. But for us, it’s so much more than this. We look after communities, protect the environment, and plan to look after Yorkshire’s water, today, tomorrow 24/7, 365 days a year. We provide essential water and wastewater services to every corner of the Yorkshire region, and play a key role in the region’s health, wellbeing, and prosperity. New environmental legislation, unprecedented levels of investment and changing expectations from customers means that this is an exciting time to discover opportunities within the water industry. The Finance team are a key part of how we plan to meet the changing expectations of customers and regulators.

You’ll play a pivotal role in securing funding for future investment programmes, ensuring every decision is backed by robust data and aligned with sustainability goals. This is your opportunity to influence how major programmes are costed, evaluated, and delivered—while helping to reduce their carbon footprint.

Where you fit in:

• Being the key business lead in the development of capital cost estimation models
• Lead in creating the models applying statistically sound techniques to the modelling and creating robust audit trails
• Lead in the development of new systems, working with our suppliers to ensure robust system testing and UAT and ultimately delivery into business as usual
• Contribute to the development of the Costing and Modelling Team wider objectives and be a lead in key strategic projects that will take the business forward
• Supporting in the application of carbon volume estimating models
• Have a portfolio of data capture partners as part of wider team objectives in collecting and validating robust cost and carbon data
• Be flexible and multi skilled so skills and knowledge can be deployed when needed e.g. cost model application
• Demonstration of ability to take a wider view of issues, see the big picture and take balanced well thought through decisions

What skills & qualifications you will need:

• Technical knowledge and expertise in applied statistical modelling
• Qualified in engineering / scientific / Maths discipline
• Strong stakeholder management skills including the ability to manage internal customers expectations
• A self-starter able to hit the ground running and quickly learn new skills and obtain knowledge
• Strong communication and organisational skills
• The ability to challenge others and understand and appreciate views from other people
• Strong financial and commercial awareness with the ability to make informed business decisions

Although we operate 24 hours a day, 365 days a year, it’s important to us that we support flexible working patterns and job share options (when we can), to help you make the best of both your work and home life. We know that juggling childcare responsibilities or getting that ideal work/life balance isn’t always easy!

Do we sound like your cup of tea?

If you’ve got experience in costing capital projects, ideally within infrastructure or utilities and want to help us deliver great service for our customers whilst looking after the environment, then

Advert closes on the 27th of November 2026

If successful for the role, you will be required to undergo pre-employment checks that will include a Basic Disclosure Check, carried out through a Third-Party Company, prior to commencing employment. Depending on the role, you may also be required to go through the security vetting process for either a Counter Terrorist Check or Security Check clearance. All our roles are subject to a medical questionnaire, and further medicals when required.

We are committed to removing barriers and ensuring our recruitment process is accessible to everyone. We offer a range of adjustments to make your application experience as comfortable and straightforward as possible. If you have an accessibility need, disability, or condition that requires changes to the recruitment process, please include this information in your application. We will then discuss any reasonable adjustments required.
Kelda Group reserve the right to close this position before the published closing date, should the need occur. We therefore advise that you complete and submit your application as soon as possible.