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Cost Account Manager

£40.00 - £52.78 per hour

Morson are currently supporting the recruitment of a Cost Account Manager for one of our defence clients based in Barrow-in-Furness. Working within the IT function you would be responsible for managing and controlling the financial aspects of an IT Product Group OpEx budget (circa £40m per annum). Your focus would be on cost accounting, budgeting, financial reconciliation and financial reporting across a number of sub-cost account management budgets. With your overall responsibility to deliver the OpEx budget to cost, we’re looking for someone capable of shaping, planning and submitting future OpEx annual budgets over a 5-year term.

The role is being offered on a 6-month contract, hybrid working Is available with a minimum requirement of 1 day a week on site in Barrow-in-Furness. We can offer the role at a rate £40 per hour PAYE or £52.78 per hour Umbrella.

Responsibilities

Track OpEx costs by maintaining cost account systems, procedures, processes and practices.
Monitor and analyse variances between monthly, quarterly and annual budgeted expenses with monthly, quarterly and annual financial reports for senior management
Ensure forecast are accurate, articulated and up to date
Identify and support the implementation of cost savings and efficiencies within the budget
Progress risk identification, assessment, cost and risk mitigation plans for new proposals
Participate in financial audits
Assist in the development of long term OpEx plan
Requirements

At least 3 years’ experience in Cost Account Management, ideally within an IT function.
Is generally working to SFIA level 4 so is able to provide consultancy advice, guidance and mentorship to sub-Cost Account Management Teams.
Experienced in promoting quality improvement and cost reduction
Has a good understanding of the ITIL4 framework
Proficient in financial management software (ideally SAP, Oracle, or similar), as well as Excel.
Strong analytic skills to support cost efficiency and opportunity identification
Able to conduct risk management assessments
Knowledge of working within a SIAM operating model would be beneficial
Relevant vocational qualification or equivalent experience (e.g. HNC / Prince 2 Foundations / Computer Science Degree)
Recognising the RESTRICTED nature of the work, suitable candidates will need to be SC cleared or eligible for this level of clearance before starting on site