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Senior Cost Accountant

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Senior Cost Accountant Salary: £500 per day umbrella Location: London Keywords: Senior, Cost Accountant, Finance, Management Accounting, London

Our client is seeking a Senior Cost Accountant to join their dynamic finance team in London. This role offers an exciting opportunity to provide comprehensive management accounting and reporting services for CIB Function areas. The successful candidate will be instrumental in the annual budgeting and forecasting process, ensuring accurate input of information into the bank's financial systems. With a competitive salary of £500 per day umbrella, this role presents a fantastic opportunity for a qualified accountant (CIMA / ACCA / ACA or equivalent) to further their career in a supportive and inclusive environment.

What you'll do:

As a Senior Cost Accountant, you will be at the heart of our client's finance department, providing comprehensive management accounting and reporting services. You will liaise closely with various stakeholders, including management, internal clients, and offshore teams, ensuring accurate monthly expense information. Your role will also involve playing an integral part in the annual budgeting and forecasting process, validating templates, justifying figures, and ensuring managers have all necessary information. You will attend regular meetings with senior staff members to brief them on overall financial performance. Your responsibilities will also include reconciling Central Finance figures with Local reporting P&L, reviewing balance sheets, preparing forms for budget transfers, assisting offshore teams with invoice coding issues, and preparing monthly MI packs.

  • Liaise with management, internal clients, and offshore teams to obtain and validate monthly expense information
  • Play an integral role in the annual budgeting and forecasting process
  • Ensure correct input of Budget information into bank financial systems
  • Attend monthly meetings with COO/N-1s/SPOCs to brief them on overall financial performance
  • Reconcile and control check Central Finance figures with Local reporting P&L
  • Review Balance Sheet Recs for areas and aged accruals to ensure timely receipt of invoices
  • Prepare forms and follow through Budget Transfer/changes in scope
  • Assist offshore team in Mumbai with coding issues on invoices
  • Prepare monthly MI packs/Flash report for all functions


What you bring:

The ideal candidate for the Senior Cost Accountant position is a qualified accountant (CIMA / ACCA / ACA or equivalent) with a strong ability to interrogate, analyse and interpret data. You are committed and confident, able to deliver within tight deadlines and present to senior management. Your communication skills are excellent, both written and verbal, and you have intermediate MS Office skills, including Excel and Powerpoint. Prior experience of cost accounting and preparation of management commentaries is essential, as is knowledge of General Ledger systems such as SAP.

  • Qualified Accountant (CIMA / ACCA / ACA or equivalent)
  • Strong ability to interrogate, analyse and interpret data
  • Ability to deliver within tight deadlines
  • Good communication skills (written and verbal)
  • Intermediate MS Office skills including Excel and Powerpoint
  • Experience of cost accounting and preparation of management commentaries
  • Knowledge of General Ledger systems (SAP)


What sets this company apart:

Our client is a leading global financial institution that values diversity, inclusivity, and collaboration. They offer a supportive work environment where employees are encouraged to grow and develop their careers. They believe in nurturing talent from within and provide numerous opportunities for professional development. Their commitment to work-life balance, employee well-being, and corporate social responsibility makes them an employer of choice for professionals across the globe.

What's next:

Ready to take the next step in your career? Apply now!

Apply today by clicking on the link provided. Don't miss out on this exciting opportunity!

Robert Walters Operations Limited is an employment business and employment agency and welcomes applications from all candidates

Contract Type: TEMPORARY

Specialism: Banking & Financial Services

Focus: Finance & Accounting

Industry: Banking

Salary: £400 - £500 per day

Workplace Type: Hybrid

Experience Level: Mid Management

Location: London

Job Reference: 51026663/001

Date posted: 17 May 2024

Consultant: Emma Crossing

Phone number:

emma.crossing@robertwalters.com

Emma Crossing

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