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Job Title: Finance Transformation Lead – Project Costing & Profitability
Location: Covent Garden – Hybrid
Contract: 12-month Fixed Term Contract
About the role:
BSI is undergoing an exciting global Finance Transformation as we implement SAP S/4HANA and establish more consistent, scalable ways of working across our Finance organisation.
We are looking for a Finance Transformation Lead – Project Costing & Profitability to play a key role in defining BSI’s future-state approach to project costing and profitability.
This is a highly visible role sitting at the intersection of FP&A, Commercial Finance and Finance Transformation. You will lead the development of a globally consistent approach to Standard Cost Rates, helping BSI better understand the true cost and profitability of the services we deliver to our clients.
Rather than simply analysing existing costs, you will help shape the future model. You will work across the organisation to understand current practices, define clear and consistent costing principles, and translate these into an approach that supports project profitability, gross margin reporting and better commercial decision-making.
Working closely with Commercial Finance, HR and Transformation teams, you will build stakeholder alignment around the new approach and help ensure it can be successfully implemented, governed and maintained within BSI’s future SAP S/4HANA environment.
This is an opportunity to make a meaningful contribution to a major global transformation programme, shaping an important area of Finance that will support greater consistency, transparency and insight across BSI.
Responsibilities:
Lead the design of BSI's future-state global approach to Standard Cost Rates, project costing and profitability.
Understand and bring together existing costing practices from across BSI and translate them into a streamlined and standardised global model.
Partner with FP&A, Commercial Finance and business leaders to understand revenue and cost drivers and how they influence project profitability and gross margin.
Develop clear design principles for how resource costs should be calculated, governed, maintained and applied across BSI.
Work with Commercial Finance teams to translate the agreed methodology into practical profitability cost rate cards.
Define ownership, governance, controls and decision-making processes to ensure costing information remains accurate, transparent and sustainable.
Partner with PSA/OTC teams to determine how employee cost data and rate cards should be maintained within Workday and integrated with SAP S/4HANA.
Facilitate workshops and discussions with senior stakeholders across different business units and geographies to build alignment around the future-state model.
Assess the change impact of moving from existing costing approaches to a globally standardised model and support successful adoption.
Establish a long-term governance framework, including ownership structures, review cycles, controls and decision-making forums.
Ensure costing and profitability outputs provide meaningful insight that can support commercial and operational decision-making.
To Be Successful in the Role, You Will Have:
Strong experience of project profitability, costing, gross margin and commercial financial analysis within a revenue-generating business.
Ideally, previous experience developing or standardising a costing methodology or cost-rate approach across a complex organisation.
A strong understanding of how revenue and cost drivers come together to determine commercial profitability.
Experience of SAP S/4HANA or large-scale Finance Transformation would be beneficial, but deep systems expertise is not essential for this role; the priority is commercial finance and profitability expertise. This distinction was specifically highlighted during the recruitment briefing.
An accountancy qualification such as CIMA, ACA…