Analysing contractors’ actual cost submissions to ensure compliance with contractual terms and agreed accounting rules
Completing detailed desktop audits to identify anomalies, inefficiencies, or potential disallowed costs
Supporting quarterly and annual actual cost audits, working closely with Contract Managers and auditors
Analysing and reviewing accuracy of cost capture data through Asset Plus
Benchmarking costs against internal partners and external market data to ensure best value
Identifying and escalating adverse financial impacts to enable timely commercial action
Developing and producing consistent unit cost and expenditure reports across water contracts
Trending Target Unit Prices, productivity outputs, and contractor performance against tender baselines
Analysing material usage against agreed material footprints
Supporting cost reconciliation and financial project planning within SAP
Providing analytical and SAP support to Contract Managers, Cost Auditors, and Senior Cost Auditors
Producing tailored reports to meet the needs of a wide range of stakeholders
Supporting carbon footprint reporting and wider commercial data requirements
Assisting with timesheets, issue and action logs, and month‑end activities

Educated to A‑Level standard (or equivalent), ideally including Mathematics or Accounting
Strong analytical and data‑handling skills, including complex financial analysis
Advanced Microsoft Excel skills, with the ability to manipulate and interpret large datasets
Degree‑level qualification, AAT, or equivalent relevant experience
Experience in cost analysis, cost auditing, or corporate financial management
Knowledge of target cost, unit cost, or incentive‑based commercial models
Working knowledge of SAP financial and job management modules
Experience within utilities, infrastructure, or other regulated environments
Strong attention to detail with a commitment to data accuracy
Confident challenging data and asking the right questions

Personal private health care including physiotherapy
24-hour Virtual GP service for you and your household
26 days annual leave – rising with length of service
Competitive pension scheme – Anglian Water double-matches your contributions up to 7%
Bonus scheme
Flexible benefits to support your wellbeing and lifestyle
Life Assurance at 8 times your salary
Personal Accident cover – up to 5 times your salary
Paid time off if you’re physically or mentally unwell
An excellent Family Leave package – to help you support your family including enhanced maternity, paternity, and shared parental leave policies

Cost Analyst

Key skills