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- Tasks: Lead a dynamic team in cost accounting and oversee accounts payable activities.
- Company: Join Investec, a unique Specialist Bank with a vibrant culture in the UK and South Africa.
- Benefits: Enjoy a 4-day office week, remote work options, and a range of wellbeing perks.
- Why this job: Be part of an inclusive environment that values innovation and personal growth.
- Qualifications: Strong knowledge of banking costs, excellent Excel skills, and leadership experience required.
- Other info: We encourage all candidates to apply, even if you don't meet every requirement!
The predicted salary is between 43200 - 72000 £ per year.
Investec is a distinctive Specialist Bank serving clients principally in the UK and South Africa. Our culture gives us our edge: we work hard to find colleagues who'll think out of the ordinary and we put them in environments where they'll flourish. We combine a flat structure with a focus on internal mobility. If you can bring an entrepreneurial spirit and a desire to learn and collaborate to your work, this could be the boost your career deserves.
The Head of Cost Accounting & Payables will lead the Cost Accounting team and oversee the delivery of the accounts payable activities offshored to Investec Ltd in South Africa. The Cost Accounting team are located across London, Mumbai and South Africa, and are collectively responsible for the budgeting, reporting and accounting activities for Technology, Operations, Risk, Finance, HR, Marketing and all other business enablement functions. The Accounts Payable team are based in South Africa and fulfil our obligations to vendors/suppliers through timely onboarding, invoice processing and arranging settlements, in compliance with internal policies. In addition, the team also facilitates the reimbursement of staff expenses and manages the corporate credit card scheme. This role reports to the Head of Planning, Analysis and Strategy.
What will you be doing?
- Developing a team of 17 in partnership with local leaders, inspiring confidence and generating excitement, enthusiasm and commitment to drive the business forward
- Building an inclusive environment, setting clear objectives, and ensuring the UK growth strategy is understood and people feel connected to it
- Ensuring accuracy and integrity of all cost accounting in line with relevant accounting standards and tax laws
- Overseeing the cost allocation methodology and associated processes
- Delivering regular reporting, strategic reviews and creating financial narratives on costs
- Influencing Executive Committee members for all business enablement areas through strategic level finance support as required
- Operating as a financial partner to proactively identify opportunities to drive efficiencies to optimise costs
- Playing a key role in transforming existing processes, partnering with Technology to deliver scalable, flexible and resilient solutions, including modern technologies such as Power platforms and AI
- Understanding market dynamics and industry trends affecting business support areas.
What are we looking for in the successful candidate?
- Demonstrable knowledge of cost drivers in a banking context
- Demonstrable knowledge of banking products and processes
- Strong Excel & PowerPoint skills
- Knowledge of data visualisation best practice
- Strong analytical capabilities
- Strong operational finance understanding
- Excellent leadership and coaching skills
- Strong business and commercial acumen
- Great attention to detail
- Strong stakeholder management skills
- Strong analytical skills
- Strong business partnering
If this is the role for you, click apply today and the team will be in touch shortly. As part of our collaborative & agile culture, our working week is 4 days in the office and one day remote. Investec offers a range of wellbeing benefits to make our people feel healthier, balanced and more fulfilled in their lives inside and outside of work.
Here is a selection of what we offer:
- Wellbeing: Wellbeing Subsidy, Corporate Gym Membership, Virtual GP, Peppy Health App (Fertility, Menopause and Early Parenthood), Optional Private Medical & Dental Insurance
- Monetary: Non-contributory Pension & Discretionary Bonus
- Life & Income Protection: Life Assurance, Critical Illness & Income Protection
- Travel: Season Ticket Loan & Electric Vehicle Scheme
Embedded in our culture is a sense of belonging and inclusion. This creates an environment in which everyone is free to be themselves which helps to drive innovation, creativity and ultimately business performance. At Investec we want everyone to find it easy to be themselves, and to feel they belong. It's a responsibility we all share and is integral to our purpose and values as an organisation.
Research shows that some candidates can be reluctant to apply to a role unless they meet all the criteria. We pride ourselves on our entrepreneurial spirit here and welcome you to do the same - if the role excites you, please don't let our person specification hold you back. Get in touch!
We commit to ensure that everyone is fairly assessed during our recruitment process. To assist candidates in completing their application form, Recite Me assistive technology is available on our Careers pages. This can be accessed by clicking on the 'Accessibility Options' link at the top of the page. The Recite Me tool includes a screen reader, styling and customisation options, a series of reading aids, a translator and more. If you have any form of disability or neurodivergent need and require further assistance in completing your application, please contact the Careers team at [email protected] who will be happy to assist.
Head of Cost Accounting & Payables (11997) | London, UK (Basé à London) employer: Golden Bees
Contact Detail:
Golden Bees Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Cost Accounting & Payables (11997) | London, UK (Basé à London)
✨Tip Number 1
Familiarise yourself with Investec's culture and values. They emphasise an entrepreneurial spirit and collaboration, so during any interactions, showcase your ability to think outside the box and work well in teams.
✨Tip Number 2
Highlight your leadership experience, especially in managing diverse teams. Since the role involves leading a team across multiple locations, demonstrating your ability to inspire and connect with people will be crucial.
✨Tip Number 3
Stay updated on current trends in banking and cost accounting. Being able to discuss recent developments or challenges in the industry during interviews can set you apart as a knowledgeable candidate.
✨Tip Number 4
Prepare to discuss how you've driven efficiencies in previous roles. Investec is looking for someone who can optimise costs, so having specific examples ready will demonstrate your capability in this area.
We think you need these skills to ace Head of Cost Accounting & Payables (11997) | London, UK (Basé à London)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in cost accounting and payables, particularly in a banking context. Use specific examples that demonstrate your leadership skills and operational finance understanding.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your entrepreneurial spirit aligns with Investec's culture and how you can contribute to their growth strategy.
Highlight Analytical Skills: Given the emphasis on strong analytical capabilities in the job description, ensure you provide examples of how you've used data analysis to drive efficiencies or optimise costs in previous roles.
Showcase Stakeholder Management: Demonstrate your strong stakeholder management skills by including instances where you've successfully influenced decision-makers or collaborated with various teams to achieve business objectives.
How to prepare for a job interview at Golden Bees
✨Showcase Your Leadership Skills
As the Head of Cost Accounting & Payables, you'll be leading a team. Be prepared to discuss your leadership style and provide examples of how you've inspired and developed teams in the past.
✨Demonstrate Financial Acumen
Make sure to highlight your understanding of cost drivers in a banking context. Prepare to discuss specific financial strategies you've implemented that have driven efficiencies and optimised costs.
✨Prepare for Stakeholder Management Questions
Given the role's emphasis on influencing Executive Committee members, think about your experiences in managing stakeholders. Be ready to share how you've successfully navigated complex relationships to achieve business objectives.
✨Familiarise Yourself with Modern Technologies
The job mentions partnering with Technology to deliver scalable solutions. Brush up on your knowledge of modern technologies like Power platforms and AI, and be ready to discuss how you've used these tools in previous roles.
