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Digital budget & efficiency analyst

Reading (Berkshire)
Thames Water
Analyst
Posted: 16 August
Offer description

What you’ll be doing

as a Digital Budget & Efficiency Analyst
1. Identify, capture, and manage cost savings and optimisation opportunities and processes across Digital functions. Track and report on all initiatives with regular meetings with Digital teams and initiative owners.
2. Evaluate existing financial processes, reports, and systems to identify inefficiencies and areas for improvement including with positioning and allocating costs.
3. Lead initiatives to implement digital tools and technologies that streamline financial operations and improve accuracy.
4. Run cost from projects: Work with Project Managers and Cost Centre Managers to identify and capture incoming costs from projects whilst working within the current project approval process framework and timescales.
5. Utilize data analytics to assess financial performance, identify trends, and provide actionable insights.
6. Prepare monthly and ad-hoc detailed reports and presentations for senior management, highlighting key findings and recommendations.
7. For tracking and updating Opex cost centre budget forecasts in a proactive and accurate manner.

Base location – Hybrid – Clear Water Court Reading

Working pattern – 36 hours Monday to Friday

What you should bring to the role

The essential criteria to help you succeed in this role is:

8. Extensive experience in financial analysis / reporting, Business Administration, Budgeting, Process Improvement, or a related field.
9. Experience with managing, and tracking cost saving initiatives.
10. A good understanding of Digital services and products.
11. Strong analytical and problem-solving skills.
12. Strong proficiency in the use of MS tools - MS Excel, SharePoint, Teams, PowerPoint, Word.

Extra qualities that would be a great fit for our team:

13. Proficiency in financial modelling / reporting digital transformation technologies.
14. Previous Digital or water / utility industry experience.
15. Accountancy qualification.

What’s in it for you?

16. Competitive salary from £43,000 to £48,000 per annum depending on experience.
17. Annual Leave - 26 days holiday per year increasing to 30 with the length of service (plus bank holidays).
18. Performance-related pay plan directly linked to company performance measures and targets.
19. Generous Pension Scheme through AON.
20. Access to lots of benefits to help you take care of you and your family’s health and wellbeing, and your finances – from annual health MOTs and access to physiotherapy and counselling, to Cycle to Work schemes, shopping vouchers and life assurance.

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