Cost Benefit Analyst
- Posted 17 February 2026
- LocationSheffield
- Job type Contract
- Discipline Technology
Job description
We’re looking for an experienced Cost Benefit Analyst who has a good understanding of Identity Management and a successful track record of working in complex and global organisations. The role will report to the Programme Director and be part of a dynamic and highly skilled team.
Department: Cyber Security / Identity and Access Management(IAM)
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 IAM 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
Location
Willingness to commute to Sheffield up to 3 times per week.
