Cost Manager

Salary Circa £43k, salary depending on skills and experience

Permanent

Peterborough Office / Hybrid working

Full time, 37 hours a week

Anglian Water offers a flexible approach, this role offers you the flexibility to work from home and from an Anglian Water office. Your based location would be Thorpewood House in Peterborough.

Central Services is a newly formed team at Anglian Water, dedicated to delivering safe, professional, collaborative and cost-effective maintenance and engineering support across the business. We play a vital role in helping the company achieve its strategic goals by providing a wide range of services—from statutory compliance, facilities and estate management to project delivery and technical support. Our portfolio also includes fleet and logistics management, plant services, and champions continuous learning and development. Collaboration and high standards are at the heart of everything we do.

Join our team and play a key role in supporting the financial and commercial performance of Capital Projects at Anglian Water.

We’re looking for a commercially focused Cost Manager to help monitor and manage the performance of current and future programmes of work. This role involves working closely with key stakeholders to ensure services are delivered in line with agreed Key Performance Measures, pricing schedules, and contractual obligations. You’ll contribute to financial planning and forecasting, help identify and manage risks and opportunities, and support accurate, timely reporting.

You’ll assist in preparing documentation for performance and commercial review meetings, ensuring robust commercial assurance around supplier payments and contract compliance. You’ll also support the delivery of project parcels, ensuring adherence to Health & Safety standards, while contributing to the effective management of contract variations, asset data integrity, and supplier performance monitoring.

This is an exciting opportunity to be part of a high-impact team, helping to drive service excellence and commercial value across a diverse portfolio of capital works.

Key Responsibilities:

• Commercial Management
  Support the preparation, management, and oversight of contracts and estimates, ensuring accuracy, compliance, and alignment with NEC3 contract and other framework standards. Collaborate closely with delivery teams to track actual costs, produce live forecasts, and analyse variances to drive commercial efficiency across capital projects.

• Financial Management
  Assist with budgeting, forecasting, and financial reporting for capital (and where appropriate, operational) projects. Support accruals, work order closures, and ensure compliance with Purchase-to-Pay processes. Maintain accurate data in financial systems (SAP) and ensure supplier payments are processed in line with contractual terms.

• Performance Monitoring
  Track and report on contractor and programme performance against KPIs. Attend site meetings to support output validation and ensure timely delivery. Contribute to audits and work closely with internal and external stakeholders to ensure service delivery standards are consistently met or exceeded.

As a valued employee, you’ll be entitled to:

• Personal private health care

• 26 days annual leave – rising with length of service

• Flexible working

• Competitive pension scheme – Anglian Water double-matches your contributions up to 6%

• Bonus scheme

• Flexible benefits to support your wellbeing and lifestyle.

What does it take to be a Cost Manager?

• Proven experience in a commercial or contract management role, ideally within capital projects

• Strong understanding of commercial contracts, including service level agreements, pricing schedules, and NEC forms of contract

• Familiarity with budgeting, forecasting, and financial reporting processes

• Experience working with capital finance and governance procedures

• High level of numeracy, financial awareness, and attention to detail

• Proficiency in Microsoft Office, particularly Excel

• Knowledge of procurement and sourcing processes

• Experience engaging and communicating with a wide range of stakeholders

• Working knowledge of key systems such as SAP, Power BI, M2i, and P2P processes

• Relevant Health & Safety awareness or qualifications

• Degree-qualified in Quantity Surveying, Finance, or a related field, ideally working towards professional membership (e.g. RICS, CIOB, ICE)

• Understanding of water supply and water recycling processes is advantageous

Why Apply?

This is a fantastic opportunity to join Anglian Water as a Cost Manager, where you’ll play a vital role in delivering high-value capital projects that directly impact the environment and the communities we serve. You’ll work at the heart of our commercial and delivery teams, shaping how we manage budgets, forecasts, and supplier performance across a diverse and evolving project portfolio.

You'll gain hands-on experience with NEC contracts, financial systems like SAP, and industry-leading practices—while working alongside experienced professionals who are passionate about collaboration, sustainability, and innovation.

At Anglian Water, we offer more than just a job. We’re committed to supporting your development, recognising your contributions, and helping you grow professionally. You’ll benefit from a flexible, inclusive culture with clear pathways for progression—and the satisfaction of knowing your work makes a real difference every day.

Closing date: 26th July 2026

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