Cost Specialist

Babcock International; Leicester; Hybrid; GBP 80,000 - 100,000; Full time

Job summary

A leading engineering firm in the UK is seeking a Cost Specialist to support its Nuclear Services workstream in Leicester. The role includes managing financial reporting, contributing to cost controls, and collaborating with teams for contract compliance. Ideally, candidates will have a relevant degree and experience in profit and loss management. The position offers a competitive salary, benefits, and opportunities for professional development within a global company.

Benefits

Generous holiday allowance

Matched contribution pension scheme

Access to digital health services

Employee share scheme

Special leave for reservists

Flexibility for volunteering days

Excellent development opportunities

Qualifications

• Hands-on experience with profit and loss accounts and cash flow management.
• Experience managing commercial elements of contracts.
• Proven ability to deliver financial insights in a project-based environment.

Responsibilities

• Support cost and project controls activities for Spares and Kitting.
• Produce and present financial reports to inform decision-making.
• Manage delivery performance against customer KPIs.
• Contribute to finance forecasting system development.
• Collaborate with commercial teams for financial accuracy.

Skills

Profit and loss account management

Contract compliance

Financial reporting

Education

Degree in Finance, Business, or Engineering

Job description

Job Title: Cost Specialist

Location: Leicester, Leicestershire + Hybrid Working Arrangement

Compensation: Attractive Salary + Benefits

Role Type: Full time / Permanent

Role ID: SF68669

Shape the Future of Nuclear Capability

At Cavendish Nuclear we’re working to create a safe and secure world, together, and if you join us, you can play your part as a Cost Specialist, at our Leicester, Leicestershire site.

The role

As a Cost Specialist, you’ll be part of a team that’s shaping the future of nuclear energy through innovation and collaboration.

Day-to-day, you’ll be at the heart of our Nuclear Services workstream, supporting a team of Cost Engineers and reporting into the Senior Cost Engineer. You’ll play a vital role in delivering accurate financial reporting and project controls, helping us meet customer expectations and drive continuous improvement.

• Supporting cost and project controls activities across the Spares and Kitting business
• Producing and presenting financial reports and statistical data to inform decision-making
• Managing delivery performance against customer KPIs
• Contributing to the development and improvement of our in-house finance forecasting system
• Collaborating with commercial teams to ensure contract compliance and financial accuracy

This is a permanent role, working 37 hours per week, based at Leicester, Leicestershire. Hybrid working patterns are available, with 2–3 days in the office.

Essential experience of the Cost Specialist

• Working hands-on with profit and loss accounts, cash flow and account balancing
• Managing commercial elements of contracts, including payment terms and conditions
• Delivering financial insights and reporting in a project-based environment

Qualifications for the Cost Specialist

• Degree in a relevant field (e.g. Finance, Business, Engineering) – preferred

Security Clearance

The successful candidate must be able to achieve and maintain Security Check (SC) security clearance for this role. Further details are available at United Kingdom Security Vetting: clearance levels - GOV.UK (www.gov.uk)

What we offer

• Generous holiday allowance
• Matched contribution pension scheme, with life assurance
• Access to a Digital GP, annual health check, and nutritional consultations through Aviva DigiCare+
• Employee share scheme
• Employee shopping savings portal
• Payment of Professional Fees
• Reservists in the armed forces receive 10-days special paid leave
• Holiday Trading is a benefit that allows UK Cavendish employees to buy additional leave or to sell up to one working week of annual leave from their annual entitlement. This Window opens February through to March annually.
• ‘Be Kind Day’ enables employees to take one working day's paid leave a year (or equivalent hours) to undertake volunteering work with their chosen organisation or registered charity
• Excellent development opportunities and benefits package including an employee assistance programme supporting physical, mental and financial wellbeing.

Cavendish Nuclear

As a leader within the UK nuclear industry, Cavendish Nuclear, part of Babcock International Group, provides a comprehensive range of critical nuclear solutions in clean energy, defence and civil new build and decommissioning projects. Together, we’re innovating to make nuclear safer, faster and cost-effective across the nuclear energy life cycle. Your career with us could take you anywhere within Babcock International Group – from Canada, the USA to Japan. Work with us to create a safe and secure world, together.

We are a disability confident committed employer

We are a disability confident committed employer. If you have a disability or need any reasonable adjustments during the application and selection stages, please email [e-mail] with the subject header ‘Reasonable adjustments requirement’. We’re committed to building an inclusive culture where everyone’s free to thrive. We are happy to talk about flexible working – please ask about alternative patterns of work at interview.

Closing date: 20/11/2025