Senior Commercial Cost Analyst

Senior Commercial Cost Analyst (Industrial)

Key Responsibilities

• Work in accordance with Wilmott Group and subsidiary company procedures, using bespoke systems and complying with ISO 9001, ISO 14001 and ISO 45001 standards.
• Produce accurate and timely commercial and financial reports for senior stakeholders.
• Prepare and maintain Cost Value Reconciliations (CVRs), including condensed CVR reporting for high-risk projects.
• Analyse actual costs, budgets, forecasts and variances to identify trends, risks and opportunities.
• Maintain commercial risk registers and Level 1 commercial master trackers.
• Develop and maintain commercial dashboards, Key Performance Indicators (KPIs) and performance metrics.
• Support operational teams in the implementation and continuous improvement of reporting dashboards.
• Provide detailed analysis of revenue, margins, profitability and project cost drivers.
• Participate in weekly project progress reviews and monthly project health meetings with operational leadership.
• Monitor project, contract and operational costs against approved budgets and forecasts.
• Identify opportunities for cost reduction and efficiency improvements, working closely with Project Management and Procurement teams.
• Support contract administration activities, including applications for payment, invoicing and retention tracking.
• Ensure accurate cost allocation and accounting treatment in line with business requirements.
• Partner with operational and commercial managers to improve financial performance and project outcomes.
• Present analysis, insights and recommendations to senior leadership teams.
• Ensure compliance with commercial governance frameworks and financial controls.
• Maintain high standards of data integrity, reporting accuracy and commercial record keeping.
• Support internal and external audit activities and provide commercial reporting documentation as required.
• Drive continuous improvement initiatives across commercial reporting processes.
• Identify and implement reporting enhancements and process automation opportunities.
• Key Performance Indicators (KPIs)
• The Senior Commercial Cost Analyst will be measured against the following key performance indicators:
• Customer Invoicing Performance
• Achieve monthly customer invoicing targets as agreed by Finance and the Head of Commercial.
• Ensure invoicing is accurate, complete and submitted within agreed timescales.
• Support the achievement of cash flow and working capital objectives through timely invoicing.
• Goods Received Note (GRN) Performance
• Achieve monthly GRN matching targets for supplier invoices as agreed by Finance and the Head of Commercial.
• Ensure supplier invoice matching is completed accurately and within agreed timescales.
• Promptly resolve discrepancies to maintain accurate cost reporting and financial control.
• Cost Value Reconciliation (CVR) Reporting
• Prepare and complete monthly CVRs for all designated high-risk projects.
• Deliver CVRs within agreed reporting deadlines to support operational reviews.
• Provide accurate cost, value, margin and risk analysis for review with the Head of Project Delivery (Industrial).
• Knowledge, Skills and Experience
• Essential
• Experience in a Commercial Analyst, Cost Analyst, Commercial Administrator, Quantity Surveying support or similar commercial role.
• Strong understanding of project cost control, budgeting, forecasting and Cost Value Reconciliations (CVRs).
• Experience analysing financial and commercial data to identify risks, trends and opportunities.
• Advanced Microsoft Excel skills and proficiency in commercial reporting systems.
• Ability to interpret financial data and provide meaningful commercial insight.
• Excellent numerical, analytical and problem-solving skills.
• High attention to detail and accuracy.
• Strong organisational and time-management skills.
• Excellent communication and stakeholder management skills.
• Ability to work collaboratively across commercial, finance and operational teams.
• Desirable
• Experience within the construction, industrial, engineering or infrastructure sectors.
• Knowledge of contract administration, payment applications and retention management.
• Experience creating performance dashboards and management information reports.
• Experience using ERP, commercial management or project control systems.
• A relevant qualification in Finance, Commercial Management, Business or a related discipline.
• Key Competencies
• Commercial Awareness
• Financial Analysis
• Attention to Detail
• Data Integrity and Accuracy
• Stakeholder Management
• Planning and Organisation
• Problem Solving
• Communication and Influencing Skills
• Continuous Improvement
• Results Focused
• Working Relationships
• The Senior Commercial Cost Analyst will work closely with:
• Head of Commercial
• Head of Project Delivery (Industrial)
• Project Managers
• Operational Managers
• Commercial Teams
• Procurement Teams
• Finance Teams
• Senior Leadership Team
• Internal and External Auditors

Key Performance Indicators (KPIs)

Customer Invoicing Performance

Goods Received Note (GRN) Performance

Cost Value Reconciliation (CVR) Reporting

Essential

Desirable

Key Competencies

Working Relationships