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About the Role
BSI is implementing SAP S/4HANA and standardizing Finance operations. This role will define the future-state approach to project costing and profitability, sitting at the intersection of FP&A, Commercial Finance, and Finance Transformation. You will lead the development of globally consistent Standard Cost Rates to better understand service costs and profitability, shaping the future model by defining costing principles and translating them into an approach supporting project profitability and gross margin reporting. You will build stakeholder alignment and ensure successful implementation within the SAP S/4HANA environment, making a meaningful contribution to a major global transformation program.
Responsibilities
- Lead the design of BSI's future-state global approach to Standard Cost Rates, project costing and profitability.
- Understand and consolidate existing costing practices into a streamlined global model.
- Partner with FP&A, Commercial Finance, and business leaders to analyze revenue and cost drivers impacting project profitability and gross margin.
- Develop clear design principles for calculating, governing, maintaining, and applying resource costs.
- Translate the agreed methodology into practical profitability cost rate cards with Commercial Finance teams.
- Define ownership, governance, controls, and decision-making processes for accurate and transparent costing information.
- Partner with PSA/OTC teams to manage employee cost data and rate cards in Workday and integrate with SAP S/4HANA.
- Facilitate workshops with senior stakeholders to build alignment around the future-state model.
- Assess change impact and support adoption of the standardized costing model.
- Establish a long-term governance framework, including ownership, review cycles, controls, and decision-making forums.
- Ensure costing and profitability outputs provide meaningful insights for commercial and operational decision-making.
Requirements
- Strong experience in project profitability, costing, gross margin, and commercial financial analysis within a revenue-generating business.
- Experience developing or standardizing a costing methodology or cost-rate approach across a complex organization is ideal.
- Strong understanding of how revenue and cost drivers determine commercial profitability.
- Experience with SAP S/4HANA or large-scale Finance Transformation is beneficial, but deep systems expertise is not essential.
- Accountancy qualification such as CIMA, ACA, ACCA, or equivalent.
- Experience gathering and documenting business requirements.
- Ability to translate complex financial concepts into practical solutions.
- Strong workshop facilitation, stakeholder management, and influencing skills, including experience with senior Finance and business stakeholders.
Skills
- Project Costing
- Profitability Analysis
- Gross Margin Reporting
- Commercial Decision-Making
- Standard Cost Rates
- Financial Transformation
- SAP S/4HANA
- FP&A
- Commercial Finance
- Stakeholder Management
- Workshop Facilitation
- Business Requirements Gathering
- Financial Modeling
Location
- Covent Garden
- London
Work Type
- Hybrid
- 12-month Fixed Term Contract
Experience Level
- Senior
Education Level
- Accountancy qualification (CIMA, ACA, ACCA, or equivalent)
Benefits
- Competitive total reward package
- Independent and varied job in an international environment
- Flexible working hours
- Ongoing training and development
- 27-days annual leave
- Paid sick leave
- Bank holidays
- Health insurance
- Life insurance
- Pension plan with company contribution
- Car allowance (dependent on role)
- Income protection
- Paid maternity leave
- Paid paternity leave
- Paid parental leave
- Adoption leave
- Compassionate leave
- Paid bereavement leave
- Learning and development opportunities
- Wide range of flexible benefits
About the Company
- BSI is a business improvement and standards company with over a century of experience, recognized for positively impacting organizations and society by building trust and enhancing lives.
- Headquartered in London, BSI is the world's first national standards organization.
- BSI is a global partner for 86,000 companies and organizations in over 193 countries, offering development, auditing, certification, and training services, including innovative software solutions and cyber security expertise.
- BSI operates across various industries including aerospace, automotive, food, construction, energy, healthcare, IT, and trade sectors.
- BSI is incorporated by Royal Charter and is impartial, home to the Kitemark.
- BSI combines consulting, training, assurance, and regulatory services to provide broad knowledge to companies.
- BSI's purpose is to help organizations become more sustainable, resilient, and inspire trust in their products, systems, services, and the world.
- BSI lives by core values of Client-Centricity, Agility, and Collaboration.
- BSI provides organizations with the confidence to grow by tackling critical societal issues like climate change and digital transformation to accelerate progress towards a better and sustainable world.
Equal Opportunity
- BSI is committed to ensuring the diversity of our workforce reflects that of our clients and the communities in which we operate.
- Our goal is to create a sense of belonging for all employees by providing opportunities to develop, grow, and engage with our global organization all while having fun doing great work.
- BSI is a community where everyone can thrive.
- If you require any reasonable accommodations to be made on account of a disability or impairment throughout our recruiting process, please inform your Talent Acquisition Partner.
- BSI is an Equal Opportunity Employer dedicated to fostering a diverse and inclusive workplace.