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- Tasks: Lead a dynamic team in cost accounting and oversee accounts payable activities.
- Company: Investec is a unique Specialist Bank focused on client success in the UK and South Africa.
- Benefits: Enjoy a 4-day in-office week, remote work options, wellbeing benefits, and a supportive culture.
- Why this job: Join a collaborative environment that values innovation and offers opportunities for personal growth.
- Qualifications: Experience in banking, strong analytical skills, and leadership abilities are essential.
- Other info: This role involves transforming processes with technology and influencing executive decisions.
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 budgeting, reporting, and accounting activities for Technology, Operations, Risk, Finance, HR, Marketing, and other business functions. The Accounts Payable team are based in South Africa and handle vendor onboarding, invoice processing, settlements, staff expense reimbursements, and corporate credit card management. 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 enthusiasm
- Building an inclusive environment, setting clear objectives, and aligning with the UK growth strategy
- Ensuring accuracy and integrity of all cost accounting in line with standards and laws
- Overseeing cost allocation methodologies and processes
- Delivering reports, strategic reviews, and financial narratives on costs
- Influencing Executive Committee members through strategic finance support
- Driving efficiencies to optimize costs
- Transforming processes with Technology, including Power platforms and AI
- Understanding market dynamics and industry trends affecting business support
What are we looking for in the successful candidate?
- Knowledge of cost drivers in banking
- Knowledge of banking products and processes
- Data visualization skills
- Strong analytical and operational finance skills
- Leadership and coaching abilities
- Business and commercial acumen
- Attention to detail
- Business partnering skills
Our culture involves a 4-day in-office week and one remote day. We offer wellbeing benefits, pension, bonus, insurance, travel schemes, and promote a culture of belonging and inclusion.
Head of Cost Accounting & Payables 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
✨Tip Number 1
Familiarise yourself with Investec's culture and values. They emphasise an entrepreneurial spirit and collaboration, so be prepared to demonstrate how you embody these traits in your previous roles.
✨Tip Number 2
Highlight your experience in leading diverse teams, especially in a multi-location setup. Since the Cost Accounting team spans across London, Mumbai, and South Africa, showcasing your ability to manage and inspire teams remotely will be crucial.
✨Tip Number 3
Stay updated on the latest trends in cost accounting and financial technology. Being knowledgeable about AI and Power platforms can set you apart, as Investec is looking for someone who can drive efficiencies through technology.
✨Tip Number 4
Prepare to discuss your understanding of cost drivers in banking and how they impact business decisions. This role requires strong analytical skills, so be ready to provide examples of how you've used data to influence strategic outcomes.
We think you need these skills to ace Head of Cost Accounting & Payables
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in cost accounting and payables. Emphasise your leadership skills and any experience you have in managing teams, especially in a banking context.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of Investec's culture and values. Mention how your entrepreneurial spirit aligns with their focus on innovation and collaboration.
Highlight Relevant Skills: In your application, clearly outline your knowledge of cost drivers in banking, data visualisation skills, and any experience with technology transformation processes. This will demonstrate your fit for the role.
Proofread Your Application: Before submitting, carefully proofread your application for any errors or typos. A polished application reflects attention to detail, which is crucial for the Head of Cost Accounting & Payables position.
How to prepare for a job interview at Golden Bees
✨Understand the Company Culture
Investec values an entrepreneurial spirit and collaboration. Make sure to research their culture and be ready to discuss how your values align with theirs. Show that you can think outside the box and contribute positively to their unique environment.
✨Demonstrate Leadership Skills
As the Head of Cost Accounting & Payables, you'll be leading a team. Prepare examples of how you've successfully developed and inspired teams in the past. Highlight your coaching abilities and how you've built inclusive environments.
✨Showcase Your Analytical Skills
The role requires strong analytical skills, especially in finance. Be prepared to discuss your experience with data visualisation and operational finance. Bring examples of how you've used these skills to drive efficiencies or influence decision-making.
✨Be Ready to Discuss Industry Trends
Understanding market dynamics is crucial for this position. Stay updated on current trends in banking and be ready to discuss how they might impact cost accounting and payables. This shows your proactive approach and industry knowledge.
