Finance Transformation Lead - Project Costing & Profitability

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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 or ACCA, or equivalent.

• Experience gathering and documenting business requirements and translating complex financial concepts into practical solutions.

• Strong workshop facilitation, stakeholder management and influencing skills, including experience working with senior Finance and business stakeholders.

BSI offers a competitive total reward package, an independent and varied job in an international environment, flexible working hours, ongoing training and development with the inclusion of 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,and a wide range of flexible benefits that you can tailor to suit your lifestyle.

Do you believe the world deserves excellence?

We are proud to be the business improvement company for other organisations to become more sustainable and resilient and finally to inspire trust in their products, systems, services, and the world we live in.

Headquartered in London, BSI is the world's first national standards organization with more than 100 years of experience. We are 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 for all industries: from aerospace and automotive to food, construction, energy, healthcare, IT and trade sectors. Incorporated by Royal Charter, we’re truly impartial, and home to the ultimate mark of trust, the Kitemark.

Through our unique combination of consulting, training, assurance and regulatory services we bring solid and broad knowledge to every company.

If you want to contribute to this inspiring challenge, bring your open and enthusiastic mindset to our dynamic team, apply now and become part of the BSI family!

D&I Policy

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 out our recruiting process, please inform your Talent Acquisition Partner.

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About Us

BSI is a business improvement and standards company and for over a century BSI has been recognized for having a positive impact on organizations and society, building trust and enhancing lives.

Today BSI partners with more than 77,500 clients in 195 countries and engages with a 15,000 strong global community of experts, industry and consumer groups, organizations and governments.

Utilizing its extensive expertise in key industry sectors - including automotive, aerospace, built environment, food and retail, and healthcare - BSI delivers on its purpose by helping its clients fulfil theirs.

Living by our core values of Client-Centricity, Agility, and Collaboration, BSI provides organizations with the confidence to grow by partnering with them to tackle society’s critical issues - from climate change to building trust in digital transformation and everything in between - to accelerate progress towards a better society and a sustainable world.

BSI is an Equal Opportunity Employer dedicated to fostering a diverse and inclusive workplace.