Cost Analyst

We are a team of around 200+ people distributed globally and are engaged in a wide array of projects touching all business units (Institutional Securities, Investment Management, Wealth Management) and functions (e.g. Operations, Finance, Risk, Trading, Treasury, Resilience) across the Firm.

The team vision is a multi-year effort to simplify firm’s data architecture and business processes front-to-back with goals of reducing infrastructure and manpower costs, improving the ability to demonstrate control of data, empowering developers by providing consistent means of handling data, facilitate data-driven insights & decision making.

Job Location: Willingness to commute to Sheffield up to 3 times per week.

We are seeking a Cost Analyst capable of quantifying real costs savings with the deployment of our net-new highly innovation modular programme.

We are looking for a detail-oriented and analytical Cost Analyst to join our team. In this role, you will be integral in analysing job role efficiency savings, opportunity costs, overall cost savings and providing actionable insights to support strategic return on investment to prove tangible costs savings for this strategic high-value programme.

Responsibilities

• Conduct thorough job and team analysis and prepare detailed reports on potential cost savings, savings trends
• Evaluate the cost-effectiveness of current operational processes and recommend improvements
• Collaborate with cross-functional teams and senior stakeholders to gather data and insights for comprehensive cost analysis
• Assist in budget preparation and monitor adherence to budgetary constraints
• Develop and maintain cost models that accurately reflect business operations and financial planning
• Monitor and analyse financial performance metrics to provide insights into profitability and cost management
• Present findings and recommendations to senior management in a clear and concise manner

Required and Preferred Qualifications

Required:

• Bachelor’s degree in finance, Accounting, Business Administration, or a related field
• 2+ years of experience in cost analysis, financial analysis, or accounting
• Proficient in Excel and financial modelling techniques
• Strong analytical and problem-solving skills with a keen attention to detail

Preferred:

• Advanced knowledge of financial metrics and performance indicators

Technical Skills and Relevant Technologies

• Expertise in data analysis and financial modelling tools
• Familiarity with cost accounting principles and practices
• Proficient in using business intelligence software for data visualization

Soft Skills and Cultural Fit

• Exceptional verbal and written communication skills
• Ability to work collaboratively within a team and across departments with senior leaders
• Self-motivated with a strong sense of ownership and accountability
• Adaptable and comfortable working in a fast-paced environment
• Strong stakeholder engagement and excellent communication skills
• Positive, pro-active team player working as part of a large programme / global team

Diversity Statement

Synechron are proud to be an equal opportunity employer. Our Diversity, Equity, and Inclusion (DEI) initiative ‘Same Difference’ is committed to fostering an inclusive culture – promoting equality, diversity and an environment that is respectful to all. We encourage applicants from across diverse backgrounds, race, ethnicities, religion, age, marital status, gender, sexual orientations, or disabilities to apply. We offer flexible workplace arrangements, mentoring, internal mobility, learning and development programmes to support our global workforce. Empowerment and collaboration are at the core of how we operate.

All employment decisions at Synechron are based on business needs, job requirements and individual qualifications, without regard to the applicant’s gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law.