Cost and Management Accountant

Inventum Group, City of Westminster

Cost and Management Accountant

£90000

Inventum Group, City of Westminster

  • Full time
  • Permanent
  • Onsite working

Posted 2 days ago, 19 Dec | Get your application in today.

Closing date: Closing date not specified

job Ref: c32bd3f54e444026a6decf087d092f41

Full Job Description

  • Prepare, analyse, and report on cost structures to support financial planning.
  • Develop and manage budgeting and forecasting processes.
  • Perform variance analysis and identify cost-saving opportunities.
  • Manage the outsourced Account Payable process on a day-to-day basis ensure the appropriate approval hierarchies are in place.
  • Ensure compliance with internal controls and regulatory requirements.
  • Collaborate with departments to optimise cost efficiency.
  • Ensure adherence to procurement policies and practices, promoting cost-effective purchasing without compromising quality while ensuring compliance with the relevant regulations within the Procurement and Outsourcing management space.
  • Provide detailed financial reports to senior management for decision-making.
  • Monitor KPIs to assess financial performance and identify trends.

    Professional qualification (ACA, CIMA, ACCA, or equivalent).
  • Proven experience in cost and management accounting, preferably within banking or financial services.
  • Strong understanding of cost structures, financial performance analysis, and management accounting principles.
  • Strong analytical and problem-solving skills.
  • Proficiency in financial modelling and accounting software, relevant software and systems knowledge - SAP, SAGE, TM1 and Microsoft office suite.
  • Excellent communication and stakeholder management skills.

    Inventum Group is acting as an Employment Agency in relation to this vacancy.