Cost Modelling Manager

PwC UK; Cardiff; On-site; GBP 45,000 - 75,000; Full time

Job summary

An established industry player is seeking a Cost Modelling Manager to join their dynamic team in Cardiff. This role offers the opportunity to analyze and develop commercial data models, supporting clients in making evidence-based decisions. You will lead a team, resolve complex challenges, and contribute to innovative solutions that drive efficiency. With a focus on collaboration and professional growth, this position is ideal for those looking to advance their career in a supportive environment. Join a forward-thinking organization that values flexibility and personal development, and be part of impactful projects that shape the future of finance.

Benefits

Flexible working arrangements

Private medical cover

Virtual GP access

Volunteering days

Qualifications

• Experience in commercial analysis, cost modeling, or management accounting.
• Strong analytical skills with large datasets and financial modeling.

Responsibilities

• Analyze and challenge client/supplier cost models for efficiencies.
• Support negotiations by identifying variances and strategies.

Skills

Commercial Analysis

Cost Modelling

Data Analysis

Report Writing

Communication Skills

Education

Degree in Finance or Accounting

Professional Accounting Qualification

Tools

Excel

Power BI

Alteryx

Job description

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About The Role

The role will be based in Cardiff, Belfast, or Birmingham; however, due to the variety of clients and projects, you may be asked to work in other locations and beyond, sometimes at short notice and sometimes for extended periods. Your willingness and ability to do this will be discussed during recruitment.

The Commercial Cost Modeller focuses on analyzing, developing, and challenging commercial data and models to support evidence-based decision-making. You will support clients in analyzing key commercial data and identifying levers to improve their current models.

Typical Responsibilities

• Analyzing and challenging client/supplier cost models, creating 'should cost' and 'Cost Transformation' models to identify efficiencies, including cost analysis and assessing cost drivers like labor rates, indirect/direct costs, and inflation.
• Analyzing how financial and performance incentives (e.g., pain/gain share, KPIs) influence supplier behavior.
• Supporting negotiations with key suppliers by identifying variances and developing strategies.
• Assisting in business case development using 'should cost' outputs to generate cost ranges for approval.

As a Manager, you will resolve complex problems, guide others, and anticipate future issues. You will oversee the delivery of cost modeling by junior staff, ensuring quality and supporting their development. Additionally, you will contribute to solution design, proposals, and team promotion efforts.

Candidate Profile

• Experience as a Commercial Analyst, Cost Modeller, Cost Engineer, or Management Accountant.
• Knowledge of data modeling and reporting tools (Excel, Power BI, Alteryx).
• Ability to analyze large datasets.
• Strong commercial awareness and cost modeling skills.
• Excellent report writing and communication skills.
• Willingness and eligibility to obtain security clearance.
• Experience in developing modeling capabilities within managed services and team building.

Benefits

Our benefits include flexible working arrangements, private medical cover, virtual GP access, volunteering days, and more, designed to support your career and personal life.

Additional Information

• Seniority level: Mid-Senior level
• Employment type: Full-time
• Job function: Finance and Sales
• Industry: Accounting

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