Salary: Circa £35,000 depending on experience
Location: Flexible across the Anglian Water Region, with regular travel to various offices
Working Pattern: Hybrid working – 2–3 days per week in the office
Contract Type: Full-time, Permanent (With opportunities for part-time)
About the Role
Anglian Water is seeking a highly analytical and commercially focused Cost Analyst to join our Supply Maintenance Delivery Team. This is a fantastic opportunity to be part of a small team of commercial professionals and play a pivotal role in managing the financial performance of our Supply Maintenance Delivery programme.
Join us at a pivotal moment as we launch a cornerstone of our Asset Management Strategy that touches every part of Water Supply in our region. This high-profile initiative is driven by essential regulatory and statutory requirements, making its successful delivery more important than ever.
As we embrace a new way of working, our newly formed Supply Maintenance Delivery Team is building a fresh inspection and delivery framework, embedding innovative processes, and forging strong partnerships with our partners. It’s an exciting time to be part of one of Water Supply’s largest capital programmes, where safety, efficiency, and collaboration are at the heart of everything we do.
What You’ll Be Doing
1. Analysing contractors’ actual cost submissions to ensure compliance with contractual terms and agreed accounting rules
2. Completing detailed desktop audits to identify anomalies, inefficiencies, or potential disallowed costs
3. Supporting quarterly and annual actual cost audits, working closely with Contract Managers and auditors
4. Analysing and reviewing accuracy of cost capture data through Asset Plus
5. Benchmarking costs against internal partners and external market data to ensure best value
6. Identifying and escalating adverse financial impacts to enable timely commercial action
7. Developing and producing consistent unit cost and expenditure reports across water contracts
8. Trending Target Unit Prices, productivity outputs, and contractor performance against tender baselines
9. Analysing material usage against agreed material footprints
10. Supporting cost reconciliation and financial project planning within SAP
11. Providing analytical and SAP support to Contract Managers, Cost Auditors, and Senior Cost Auditors
12. Producing tailored reports to meet the needs of a wide range of stakeholders
13. Supporting carbon footprint reporting and wider commercial data requirements
14. Assisting with timesheets, issue and action logs, and month‑end activities
What We’re Looking For
15. Educated to A‑Level standard (or equivalent), ideally including Mathematics or Accounting
16. Strong analytical and data‑handling skills, including complex financial analysis
17. Advanced Microsoft Excel skills, with the ability to manipulate and interpret large datasets
18. Excellent communication skills, able to present findings clearly to technical and non‑technical audiences
19. Ability to work effectively with colleagues and contractors at all levels
20. Degree‑level qualification, AAT, or equivalent relevant experience
21. Experience in cost analysis, cost auditing, or corporate financial management
22. Knowledge of target cost, unit cost, or incentive‑based commercial models
23. Working knowledge of SAP financial and job management modules
24. Experience within utilities, infrastructure, or other regulated environments
25. Strong attention to detail with a commitment to data accuracy
26. Confident challenging data and asking the right questions
As a valued employee, you’ll also be entitled to:
27. Personal private health care including physiotherapy
28. 24-hour Virtual GP service for you and your household
29. 26 days annual leave – rising with length of service
30. Competitive pension scheme – Anglian Water double-matches your contributions up to 7%
31. Bonus scheme
32. Flexible benefits to support your wellbeing and lifestyle
33. Life Assurance at 8 times your salary
34. Personal Accident cover – up to 5 times your salary
35. Paid time off if you’re physically or mentally unwell
36. An excellent Family Leave package – to help you support your family including enhanced maternity, paternity, and shared parental leave policies
Why Join Us?
At Anglian Water, we’re committed to delivering sustainable water services and investing in our people. You’ll be part of a forward-thinking organisation that values innovation, integrity, and continuous improvement.
Ready to make a difference?
Apply now and help shape the future of water management with Anglian Water.
Closing date: 29/05/2026
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