Group Cost Transformation Lead

SevernTrentLife; Coventry; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading utility company in Coventry is seeking a Group Cost Transformation Lead to manage and drive cost-saving initiatives. You will partner with executives to deliver transformation projects that enhance operational efficiency. Ideal candidates have a strong finance background and experience in change management, with proven analytical skills to influence executive decision-making. This full-time role offers competitive benefits and supports a flexible work environment.

Benefits

31 days holiday + bank holidays

Annual bonus scheme (up to 20%)

Car allowance (up to £5,208)

Leading pension scheme

Sharesave scheme

Dedicated training and development

Electric vehicle scheme

Family friendly policies

Two volunteer days per year

Qualifications

• Proven change agent with finance expertise.
• Experience in challenging and remodeling processes.
• Ability to produce consultant-quality analysis.

Responsibilities

• Manage cost transformation projects from inception to delivery.
• Influence executive sign-off on project investments.
• Ensure savings are embedded within budgets and forecasts.
• Provide thought leadership on cost management across the business.

Skills

Change management

Financial analysis

Stakeholder management

Project management

Education

Degree in Finance or related field

Job description

At Severn Trent, our people are at the heart of everything we do. We’re in the top 5% of utility companies worldwide when it comes to employee engagement and ranked as a Top 50 UK Employer on Glassdoor. Join us in making a positive impact on the environment and our communities, while being valued and supported in a truly inclusive workplace.

If you want to do more, because you care, we want you on our team.

EVERYTHING YOU NEED TO KNOW

Here at Severn Trent, we’re always looking for new and innovative ways to ensure our business is run as efficiently as possibly for our customers and communities, so therefore as ourGroup Cost Transformation Lead. You’ll partner with our Executive Committee members to initiate and support the delivery of cost saving targets across the company.The role is responsible for the end-to-end ownership of companywide cost transformation projects from inception through to embedding savings into official budgets. The aim of this role is to ensure that identified opportunities are deliverable, sustainable and desirable. You’ll be supported by a business analyst who will support with data analytics, target operating model assessments and research.

What You’ll Be Doing

Some of your key accountabilities will include:

• Managing opportunities from identification, inception, solution design and implementation; to ultimately deliver significant additional value to Severn Trent through cost reduction or income generation.
• Influencing the Severn Trent Executive Committee to achieve project investment sign off.
• Supporting projects through to delivery phase, ensuring that savings are embedded within official budgets and forecasts.
• Presenting quality analysis and persuading people at all levels that change is achievable and will create operational and financial benefits for the business and our customers.
• Ensuring benefits realisation is captured within the Group financials, securing sustainable, deliverable cost saving opportunities both in-year and long-term.
• Providing thought leadership on performance improvement, cost management and transformation across the business.
• Owning the relationship with other support services such as HR, IS and Transformation to ensure the delivery of benefits within the organisation.

You'll be based at ourSevern Trent Centre in Coventry. With this being such a critical role, we’re looking for someone who can join us 37 hours a week.

HOW WE WORK

You’ll join a caring culture that collaborates to achieve, grow, and develop. Our employee engagement scores are among the highest globally in energy and utilities. That’s why, we value in-person moments to keep our culture alive but also understand the flexibility working from home can bring. So, you'll usually find us in the office, but working from home is supported, when you need it.

WHAT WE’RE LOOKING FOR

To be considered for this role, we’re looking for an experienced finance professional who has a successful track record as a change agent. Experience working with business leaders to challenge, assess and remodel departmental target operating models and processes to drive efficiency and effectiveness is a must.

The successful candidate will have proven ability to produce consultant quality analysis, modelling a range of financial benefits including return of investments, payback periods, cost benefit analysis, and present recommendations that will influence at the executive level.

This role requires someone who is self‑motivated, delivery driven and able to manage multiple projects at one time.

Knowledge of commercial and operational analysis, requirements gathering, GAP analysis would be beneficial. Along with six sigma or PrinceII practices, but these are not essential.

Skills and experience are important, but character, positivity, and a caring attitude matter too. We welcome and celebrate diverse individuals, knowing they help us better serve our communities. We seek people who get involved, want to be part of something bigger, and make a difference because they care.

HOW WE’LL REWARD AND CARE FOR YOU

It’snot just a jobyou’llgethere,you’llget a career too.

We have a range of benefits that reward and recognisegreat workand award‑winning training to ensure you reach your potential. Andwe’llalso help you play your part in looking after the environment and the community in which we live.

Here’ssome of our favourites:

• 31 days holiday + bank holidays (and the ability to buy/ sell up to 5 days per year)
• Annual bonus scheme (of up to 20% per annum based on company performance)
• Car allowance – per annum up to £5,208
• Leading pension scheme – we will double your contribution (up to 15% when you contribute 7.5%)
• Sharesave – the chance to buy Severn Trent Plc shares at a discounted rate
• Dedicated training and development with our ‘Academy’
• Electric vehicle scheme and retail offers
• Family friendly policies
• Two volunteer days per year

LET’S GO

We can't wait to hear from you! Have an updated CV ready and spare five minutes to apply. We'll let you know the outcome after the closing date, so keep an eye on your phone and emails.