Associate Cost Controller

As the UK’s largest water company, we are taking action for a new world of water - fixing the problems of today and building resilience for tomorrow.

The Associate Cost Controller will aim to help and support Cost Controller team members to meet the objectives of the projects within the Programme and report Infrastructure Programmes (IP) performance back to the wider business. The Associate Cost Controller will have an understanding of cost forecasting and tracking budgets, being able to identify any variances to planned budget and spend.

What you will be doing as an Associate Cost Controller

• Financial Management - Understanding of different avenues of project costs - including Value of Work Done (VOWD), Materials, Purchase Orders – and what departments/suppliers these costs relate to.
• Data Management - Ensure timely financial inputs from Project Managers by sending out deadline reminders to enable the review of Month End Actuals and Forecast.
• Project Reporting - Work to tight Month End deadlines to enable the delivery of cost reports to Finance, Senior Management, and wider Infrastructure Programmes teams in line with the business reporting requirements.
• Data Insight - Provide the relevant tools and reports to PMs to enable fine financial tracking of all project costs.
• Data Assurance - Work closely with the Cost Controllers to identify areas of improvement to benefit IP in governing our finances. Seek areas of improvements to project controls and processes, reviewing with the Cost Planning Team and supporting in delivering recommended enhancements.
• People & Culture - Support a highly performing team focused on briefing and delivering specified outputs in an efficient, effective, and commercially sound manner.

Location – Your base location would be Maple Lodge STW, Rickmansworth.

Working Hours – Monday to Friday, 36 hours per week.

What you should bring to the role

• Familiarity with financial management.
• Analytical mindset who can provide clear data analysis & commentary.
• Ability to analyse data and explain findings verbally and visually.
• Strong collaborator. Being able to collaborate with colleagues to tackle key outcomes and specific problems and enable others to collaborate and detail performance.
• Build high-quality relationships and understand the roles/responsibilities of every stakeholder group and how your function brings value to them.
• Excel skills – working with large and multiple datasets.
• Understanding of reporting inputs and outputs.
• An accounting background is desirable.
• Previous experience with SAP and Power BI is desirable.

What’s in it for you?

• Offering a starting salary of £33,000 per annum.
• 26 days holiday per year increasing to 30 with the length of service. (plus bank holidays)
• Contributory pension – Defined Contribution - Maximum of 12% -2x employee contribution.
• Personal Medical Assessments – open to all once a year.
• The wider benefits scheme includes our benefits hub, which is packed with offers and information to save money and support your well-being.

Find out more about our benefits and perks

Who are we?

We’re the UK’s largest water and wastewater company, with more than 16 million customers relying on us every day to supply water for their taps and toilets. We want to build a better future for all, helping our customers, communities, people and the planet to thrive. It’s a big job, and we’ve got a long way to go, so we need help from passionate and skilled people committed to making a difference and getting us to where we want to be in the years and decades to come.

Learn more about our purpose and values

Working at Thames Water

Thames Water is a unique, rewarding and diverse place to work, where every day you can make a difference, yet no day is the same. As part of our family, you’ll enjoy fast-tracked career opportunities, flexible working arrangements and excellent benefits.
Whether you’re interested in a role in one of our call centres or science labs, we’re looking for people like you with real passion and a burning desire to make things better.

So, if you’re looking for a sustainable and successful career where you can make a daily difference in millions of people’s lives while helping to protect the world of water for future generations, we’ll be here to support you every step of the way. Together, we can build a better future for our customers, our region and our planet.

The real purpose, real support, real opportunities. Come and join the Thames Water family. Why choose us? Learn more.

Our overarching aim is to ensure that Thames Water is a great, diverse and inclusive place to work. We welcome applications from everyone and offer extra support for those who need it throughout the recruitment process. We aim to remove any real or perceived barriers to success, so if you need assistance, we’re here to help and support you.

When a crisis happens, we all rally around to support our customers. As part of Team Thames, you’ll have the opportunity to sign up to support our customers on the frontline as an ambassador. Full training will be given for what is undoubtedly an incredibly rewarding experience. It’s also a great opportunity to learn more about our business, meet colleagues and earn some extra money along the way.

Disclaimer: Due to the high volume of applications we receive, we may close the advert earlier than the advertised date, so we encourage you to apply as soon as possible to avoid disappointment.