Cost Accountant in London

Cost Accountant Location: London Salary: Competitive, dependent on experience Contract: Permanent We have partnered with a leading global financial services organisation looking to recruit a qualified Cost Accountant to join its London finance team. Working within a complex international business, you will play an important role in maintaining accurate financial records, providing greater visibility over operating expenditure and strengthening financial controls. The position combines hands-on accounting with analytical responsibilities, offering the opportunity to work with stakeholders across the business and contribute to improvements in financial processes and reporting. Key Responsibilities Take an active role in the month-end close, ensuring operating expenses are accurately captured through journals, accruals and prepayments. Review financial transactions and expense classifications, resolving discrepancies and ensuring costs are recognised in the appropriate accounting periods. Analyse expenditure across business areas, investigating variances and providing explanations for movements in costs. Maintain accurate balance sheet reconciliations, identifying and resolving outstanding items. Collaborate with finance teams and operational stakeholders to investigate queries, resolve accounting issues and improve the accuracy of financial information. Support the allocation of shared expenses across group companies, including intercompany recharges and transfer pricing arrangements. Contribute to the development of stronger financial controls and more effective cost reporting processes. Provide supporting financial information and documentation for internal and external audits. Identify opportunities to streamline existing accounting activities, reduce manual processes and introduce greater automation. Skills & Experience Fully qualified accountant (ACA, ACCA, CIMA or equivalent). Previous experience in a financial accounting, management accounting, expense accounting or similar role, with strong exposure to operating costs and month-end activities. A sound understanding of accounting principles, particularly accruals, prepayments, expense recognition and balance sheet reconciliations. Strong analytical capabilities, with the ability to interpret financial data, investigate variances and identify inaccuracies. Experience within financial services or another regulated environment is highly desirable. Candidates from large, complex multinational organisations with relevant accounting experience are also encouraged to apply. Exposure to intercompany transactions, shared cost allocations or transfer pricing would be beneficial. Advanced Excel skills, with confidence handling and analysing large financial datasets. Excellent organisational skills and attention to detail, with the ability to manage deadlines in a busy reporting environment. Strong interpersonal and communication skills, with experience working collaboratively across finance and wider business functions. A continuous improvement mindset, with an interest in strengthening financial processes, controls and automation.Inventum Group is acting as an Employment Agency in relation to this vacancy