Interconnectors Cost Control Analyst

at  National Grid

JOIN US AND HELP TO BUILD A CLEANER, GREENER ENERGY SYSTEM.

National Grid Interconnectors is at the forefront of delivering low carbon electricity between Great Britain and Europe. We provide the infrastructure and the market arrangements to move power to where it is most needed, providing security of supply for the countries that we connect.
As a Cost Control Analyst, you’ll be the go-to person for the UJV Operations budgeting and cost control processes. Ensuring each teams knowledge of their costs, budgets and financial forecasts are fully understood. Working with a variety of stakeholders, you will be responsible for:
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Cost Monitoring and Analysis: Track and analyse costs associated with contracts, ensuring alignment with budgets and forecasts. Identify variances and provide insights for corrective actions.

• Reporting: Prepare comprehensive cost reports for budget holders, highlighting trends, risks, and opportunities for cost savings.
• Budget Management: Assist in the preparation and management of contract budgets, ensuring compliance with financial policies and procedures.
• Collaboration: Work closely with senior management, finance team, and other stakeholders to ensure effective cost management practices. Provide support to Contract Analysts and Contract Managers to ensure contracts remain within governance.
• Forecasting: Develop financial forecasts and models to predict future costs, using historical data.
• Process Improvement: Identify opportunities for process enhancements within cost management practices and implement best practices.

You’ll be flexible to travelling to our UK Interconnector sites once a month, allowing you to build relationships with colleagues in Operations.
We’d hope to see you in the Warwick office two days per week and you’re welcome to be in the office more often if that would work best for you. We’re happy to discuss any additional flexibility in working patterns or requirements that you feel could help to make this job work for you!

ABOUT YOU

• Strong analytical and problem-solving skills.
• Proficient in financial modelling and data analysis tools e.g., Excel, Power BI (desirable).
• Excellent communication and interpersonal skills.
• Detail-oriented with strong organisational abilities.
• An understanding of contract law is desirable.
  Don’t meet every single requirement? Studies have shown that women and people of colour are less likely to apply for jobs unless they meet every single qualification. At National Grid Interconnectors, we are committed to building a diverse, inclusive, and authentic workplace for everyone. So, if you’re excited about this role but your experience or qualifications don’t match the job description exactly, we encourage you to apply anyway. You might just be the right person for our growing business in this role or another one.

ABOUT US

National Grid Ventures (NGV) is at the forefront of the energy transition. We operate across the UK, Europe and US, developing, operating, and investing in large-scale clean energy infrastructure. We’re helping to accelerate society’s drive towards net zero while maintaining security of supply today.