Costing Specialist
Listed on 2026-08-06
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Finance & Banking
Financial Analyst
Costing Specialist
The Bridge
Fairmilehead Office, Edinburgh
Central Belt - Scotland
Together we are Trusted to Serve Scotland.
Are you enthusiastic, innovative, and creative and can work collaboratively across different functions of an organisation? Scottish Water’s Strategic Pricing and Cost Analyticsteamsarelooking for an individual who enjoys working with project cost data andis able to interpret, evaluate and form conclusions on the outcome of such analysis.
The Strategic Costing team, who are responsible forusing historical cost data to produce cost curves (models) which are then used to establishearly project estimates and business plan prices,are planning to increase the depth and range of the cost curves provided to our internal stakeholders.
The Cost Analytics teamprovidequalityinsights from our cost data by supporting Project Investment Appraisals,viaa Cost Intelligence Packswhilstanalysing cost trends between Gates,increasing cost analytics database,costbenchmarkingand optimism biasmetrics capability.
A Costing Specialist is required towork across dual teams to help ensure that the increased workload can be delivered.
Whatyou’lldo
In this role, your responsibilities include using our BEA (Benchmark Estimating Analytics) costing system to develop cost curves from historical cost and carbon data, manipulate datafrom multiple sources andto turn theseinto meaningful information and insight, using statistical techniques to provide solutions and drive value with analytics,trend analysis,translate conclusions and outputs in a way that can be easily understood by others.
Support the creation of a strong reputation through delivery of required outputs andthebuilding and maintaining relationships with all key stakeholders.
It'scrucial to follow established processes and procedures to ensure the credibility and robustness of the outputs.
Additionally,you'llplay a key role in planning, producing, and ensuring compliance with internal SLAs with Finance and Regulation for regulatory returns and audits.
The role holder will alsobe required to provide support to the Senior Costing Specialist in the maintenance and updating of the Corporate Costing tools.
Whatyou’llneed
You will have excellent Excel skills, encompassing complex formulas and the use of Macros/VBA along with strong numeric, analytical, and literary skills, anda proven ability to understand, interpret, and manage large volumes of complex data.
A proven ability to extract patterns,trendsor models from real-worlddata-setsand the ability to proactively problem solve andseek continuous improvement in the quality of analysis and service deliveryiscrucial, as is effective communication to liaise with internal and external stakeholders.
We are also looking for a few ‘nice tohaves’. Some technical awareness of the water industry, specific understanding of costing capital projects, the ability to work across disciplines within a specialist team, knowledge of the Scottish Water Business and Delivery Plans, and presentation skills.
Ability to create Power BI reports and Power Appswould also be advantageous.
This role ismainly remote working, however, travel to our hubs in central belt will be required.
Looking out for you
While the work we do is important, we knowit’snot the only thing that matters.
That’swhy we make sure you have everything you need to find a good work-life balance.
- You’llget plenty of time to recharge with 38 days of holiday every year (including public holidays).
- And you can even buy five more if you need a little extra time.
- You can also take paid time off to volunteer in your community.
- When it comes to major life events we have family-friendly policies around adoption, maternity, and parental leave.
- And for the everyday? We embrace flexible working.
- For your future,there’sour defined benefits pension (the‘know-what-you’ll-get-when-you-retire’kind), as well as life assurance.
- As for some nice extras? You will participate in a company bonus scheme.
- Not to mention access to SW Splash – handy rewards that can save you money on holidays, bills, andshopping.
The not-so-small print
This role will be a Grade
6. Ifyou’renew to Scottish Water,you’lljoin us on a starting…
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