At a Glance
- Tasks: Lead cost accounting processes and collaborate with diverse teams to enhance financial accuracy.
- Company: Canonical, a top player in open source software and operating systems.
- Benefits: Remote work, personal development budget, annual reviews, and wellness support.
- Other info: Flexible work culture with opportunities for travel and professional growth.
- Why this job: Join a dynamic team and make a real impact on cost management in a tech-driven environment.
- Qualifications: Degree in Accounting or Finance, CPA/ACCA preferred, with strong IFRS knowledge.
The predicted salary is between 60000 - 80000 £ per year.
Canonical, a leading provider of open source software and operating systems, is hiring a Cost Accounting Manager. We are looking for a professionally qualified accounting leader with expertise in cost accounting and IFRS to build scalable cost review and cost recognition processes. This role will work across teams including Information Systems, Legal, Business Services, Financial Planning & Analysis and Commercial Business Systems to align understanding and ensure that the accounting treatment of costs, vendor management and operational spend is accurate, consistent and highly automated. Location Home‑based in EMEA time zones, with the option to be based in our London office. Reports to the Global Financial Controller.
Key responsibilities
- Collaborate with Procurement, Commercial Systems, Operations, Legal, and FP&A teams to design and maintain scalable cost management, allocation and reporting processes; drive process and configuration improvements in NetSuite and related systems for end‑to‑end automation of the cost life cycle.
- Incorporate industry best practices, emerging technology and AI to raise the bar for reporting speed and accuracy.
- Review and evaluate the cost recognition impact of non‑standard expenses.
- Lead, mentor and develop a team of cost accounting and systems accounting professionals.
- Assist in month‑end cost close, including reconciliations, fluctuation analysis and other reporting.
- Develop and maintain effective internal controls over cost transactions and reporting.
- Research and write accounting memos on significant cost recognition and other related policy matters.
- Act as the primary liaison with external auditors in matters related to purchase‑to‑pay.
- Ensure compliance with internal policies and regulatory requirements while identifying and managing cost accounting risks.
Valued skills and experience
- Outstanding academic record from high school and university.
- Undergraduate degree in Accounting or Finance, or a compelling narrative about an alternative chosen path.
- CPA, ACCA or equivalent with excellent technical accounting skills and IFRS experience.
- Detailed understanding of IFRS 16, IFRS 18 and relevant rules related to SaaS and services.
- Leadership or management responsibility.
- Track record of exceeding expectations.
- Experience managing cost accounting processes and operational expenses.
- Experience driving cost recognition and scaling accounting processes in a high‑growth environment.
- Experience with ERP and operational finance systems, including procurement, expense management and reporting platforms – NetSuite preferred.
- Experience in a multi‑country multi‑currency operations and tax environment.
- Professional written and spoken English.
- Excellent interpersonal skills, curiosity, flexibility and accountability.
- Thoughtfulness and self‑motivation.
- Result‑oriented with a personal drive to meet commitments.
- Ability to travel twice a year for company events up to two weeks long.
Additional, optional skills we value
- Public company reporting and revenue accounting experience.
- Software implementation, integration and user acceptance.
- Software engineering qualification or experience.
- Passion for technology and a desire to work with motivated colleagues.
- MBA or other relevant business degree.
What we offer colleagues
- Distributed work environment with twice‑yearly team sprints in person.
- Personal learning and development budget of USD 2,000 per year.
- Annual compensation review.
- Recognition rewards.
- Annual holiday leave.
- Maternity and paternity leave.
- Team Member Assistance Program & Wellness Platform.
- Opportunity to travel to new locations to meet colleagues.
- Priority Pass and travel upgrades for long‑haul company events.
Cost Accounting Manager employer: jobr.pro
Canonical is an exceptional employer that champions a distributed work environment, allowing you to thrive from home or in our London office. With a strong focus on personal development, we offer a generous learning budget and annual compensation reviews, alongside a supportive culture that values collaboration and innovation. Join us to lead a talented team in a dynamic setting where your contributions directly impact our growth and success.
StudySmarter Expert Advice🤫
We think this is how you could land Cost Accounting Manager
✨Network Like a Pro
Get out there and connect with people in your industry! Attend events, join online forums, or even hit up LinkedIn. The more you engage, the better your chances of landing that Cost Accounting Manager role.
✨Show Off Your Skills
When you get the chance to chat with potential employers, don’t hold back! Share specific examples of how you've driven cost recognition and improved processes in past roles. We want to see your expertise shine!
✨Tailor Your Approach
Every company is different, so make sure you tailor your conversations to Canonical's needs. Research their values and challenges, and be ready to discuss how your experience aligns with their goals in cost accounting.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team at Canonical.
We think you need these skills to ace Cost Accounting Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Cost Accounting Manager role. Highlight your experience with cost accounting, IFRS, and any relevant systems like NetSuite. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us about your passion for cost accounting and how you've driven improvements in past roles. Keep it engaging and relevant to the job description.
Showcase Your Achievements:When detailing your experience, focus on specific achievements that demonstrate your ability to exceed expectations. Use metrics where possible to show the impact of your work – we love numbers!
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s straightforward and ensures your application goes directly to us. We can’t wait to hear from you!
How to prepare for a job interview at jobr.pro
✨Know Your Numbers
As a Cost Accounting Manager, you’ll need to demonstrate your expertise in cost accounting and IFRS. Brush up on key concepts, especially IFRS 16 and IFRS 18, and be ready to discuss how you've applied these in previous roles. Prepare examples of how you've managed cost recognition and reporting processes.
✨Showcase Your Collaboration Skills
This role involves working with various teams like Procurement and FP&A. Think of specific instances where you successfully collaborated across departments. Be prepared to discuss how you’ve driven process improvements and maintained effective communication to ensure accurate cost management.
✨Highlight Your Leadership Experience
You’ll be leading a team, so it’s crucial to convey your leadership style. Share stories about how you’ve mentored or developed team members in the past. Discuss any challenges you faced and how you overcame them to foster a productive team environment.
✨Prepare for Technical Questions
Expect questions that test your technical accounting skills and knowledge of ERP systems, particularly NetSuite. Familiarise yourself with common scenarios related to cost accounting processes and be ready to explain how you would approach them. This will show your problem-solving abilities and readiness for the role.