Finance/Cost Analyst - Cost Assurance

Turner Townsend; Nottingham; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading consulting firm in the United Kingdom is looking for an enthusiastic Finance/Cost Analyst to join their Cost Assurance team. The successful candidate will be responsible for cost verification, conducting audits, and analyzing construction contracts. This role offers opportunities to manage commissions and improve practices within the Rail and Utilities sectors. A strong analytical mindset and relationship-building skills are essential for success in supporting clients and delivering high-quality reports and dashboards.

Qualifications

• Strong understanding of cost verification and financial audits.
• Ability to conduct system audits and governance checks.
• Skilled in reporting and producing dashboards.

Responsibilities

• Verify costs and ensure compliance with contracts.
• Conduct audits and health checks on applications.
• Analyze complex construction contracts and provide recommendations.
• Build relationships with clients based on trust and professionalism.

Job description

We are currently seeking an enthusiastic and driven Finance/Cost Analyst to join our specialist Cost Assurance team to assist our continuing growth and make the difference to both our business and our clients. You will be an Analyst within our UK Infrastructure business working within our specialist Cost Assurance team to help deliver the following:

Key Responsibilities

• Cost verification - verifying cost incurred against allowable costs in contracts.
• Process/System Audits - conducting checks on governance and compliance to the contract and standard practice.
• Application for Payment (AfP) health checks - conducting various checks on the integrity of the Application and how it is generated.
• Reporting/dashboards - producing and updating reports/dashboards for senior members of the team and clients.

For delivery of successful Cost Assurance commissions

• Working in teams of variable sizes and providing support to more junior members to allow them to develop and grow.
• We have specific commissions within the Rail and Utilities sectors that offer a variety of opportunities and audits.
• The opportunity to manage commissions, develop templates and best‑practice guides and grow our service offering.

Job Objectives

• Review construction contractor systems, controls and processes to provide a view on their ways of working, using intelligence from around the industry to build a view on best practice.
• Analysis and understanding of complex construction contracts.
• Plan financial audits by understanding our Clients’ objectives and risk areas, as well as the supply chains’ structure, policies and processes.
• Performing testing of data and information using smart techniques and tools such as data visualisation and trend / pattern analysis.
• Production of findings reports that deliver key findings, recommendations and messages in a succinct and professional manner.
• Fostering good quality working relationships with clients and those being reviewed built around trust and professionalism.
• Assisting the maintenance of internal systems to make sure commission and financial management is compliant with business process.