At a Glance
- Tasks: Analyse and record expenditure, develop cost-control systems, and monitor expenses.
- Company: Join Marex Group, a global leader in financial services with a collaborative culture.
- Benefits: Competitive salary, inclusive environment, and opportunities for professional growth.
- Other info: Dynamic workplace with a commitment to diversity and inclusion.
- Why this job: Make a real impact by driving process improvements in cost accounting.
- Qualifications: Qualified accountant with strong analytical skills and proficiency in Excel.
The predicted salary is between 40000 - 50000 £ per year.
Marex Group plc (NASDAQ: MRX) is a diversified global financial services platform providing essential liquidity, market access and infrastructure services to clients across energy, commodities and financial markets. The group provides comprehensive breadth and depth of coverage across four core services: clearing, agency and execution, market making, and hedging and investment solutions. It has a leading franchise in many major metals, energy and agricultural products, with access to 60 exchanges. The group provides access to the world’s major commodity markets, covering a broad range of clients that include some of the largest commodity producers, consumers and traders, banks, hedge funds and asset managers. With more than 40 offices worldwide, the group has over 2,300 employees across Europe, Asia and the Americas.
As cost accountant you will perform the analysis and accurate recording of expenditure. This role will involve developing cost-control systems, monitoring expenses and analysing data from different sources ensuring accuracy and completeness of information. Month end tasks will include the preparation of complex journals to account for costs, including accruals, prepayments and balance sheet reconciliations alongside addressing any cost related queries. To develop good working relationships with Procurement, Market Data, Legal and Account Payable departments and develop an extensive knowledge of Marex’s cost base, helping to drive significant process improvements in the accounting for costs as well as identifying costs in scope of transfer pricing to be recharged to Marex group entities.
Responsibilities
- Assist in the preparation of monthly cost accounting journals including complex accruals
- Review and identify accounting and coding errors ensuring expenses are correctly prepaid or amortised
- Investigate and explain cost variances across the group
- Work closely with Accounts Payable / Product Control / Legal Entity Control teams to identify and create journal entries to account for required cost adjustments
- Assist in addressing cost related queries
- Assist with audit queries during the interim and year end audit
- Assist in developing cost control systems and reconciliations to market data, legal and occupancy platforms
- Assist in the transfer pricing process identifying costs to be recharged across Marex group entities
- Assist in identifying and delivering process improvements, and drive automation
Skills & Experience
- Excellent analytical skills with excellent attention to detail
- Strong organisational skills
- Excellent written/verbal communication and interpersonal skills
- Teamwork, but also ability to work independently
- High level of dedication and commitment
- Ability to work well under pressure
- Conscientious, self-motivated, resilient and goal oriented
- Excellent verbal and written communication skills
- Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this
Competencies
- Qualified accountant
- Skilled in Microsoft applications software; in particular, high level of proficiency in Excel required
- Ability to multi-task, prioritise and meet deadlines
- A collaborative team player, approachable, self-efficient and influences a positive work environment
- Demonstrates curiosity
- Resilient in a challenging, fast-paced environment
- Excels at building relationships, networking and influencing others
If you’re forging a career in this area and are looking for your next step, get in touch! Marex is fully committed to being an inclusive employer and providing an inclusive and accessible recruitment process for all. We will provide reasonable adjustments to remove any disadvantage to you being considered for this role. We value the differences that a diverse workforce brings to the company. We welcome applications from candidates returning to the workforce. Also, Marex is committed to avoiding circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process. If you would like to receive any information in a different way or would like us to do anything differently to help you, please include it in your application.
Cost Accountant (VN2801) employer: Marex Group
Marex Group plc is an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation within the financial services sector. With a strong commitment to employee growth, Marex provides extensive training opportunities and encourages a culture of inclusivity and diversity, making it an ideal place for professionals seeking meaningful careers in cost accounting. Located in a global hub with access to major commodity markets, employees benefit from a vibrant atmosphere and the chance to work alongside industry leaders.
StudySmarter Expert Advice🤫
We think this is how you could land Cost Accountant (VN2801)
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Marex. A friendly chat can open doors that applications alone can't.
✨Tip Number 2
Prepare for interviews by knowing your stuff. Dive deep into Marex’s services and think about how your skills as a cost accountant can add value. Show them you mean business!
✨Tip Number 3
Don’t just apply and wait. Follow up on your application through our website. A little nudge can show your enthusiasm and keep you on their radar.
✨Tip Number 4
Be ready to discuss process improvements and automation ideas during interviews. Marex loves innovation, so come prepared with examples of how you’ve driven change in past roles.
We think you need these skills to ace Cost Accountant (VN2801)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Cost Accountant role. Highlight your analytical skills and experience with cost control systems, as these are key for us at Marex. Use specific examples that showcase your attention to detail and ability to work under pressure.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background aligns with our needs. Don’t forget to mention your teamwork skills and how you can contribute to our collaborative environment.
Showcase Relevant Experience:When filling out your application, be sure to highlight any relevant experience in accounting, especially in a regulated environment. Mention your proficiency in Excel and any past roles where you've successfully managed cost-related tasks.
Apply Through Our Website:We encourage you to apply directly through our website. This ensures your application gets to the right people quickly. Plus, it’s a great way to show your enthusiasm for joining the Marex team!
How to prepare for a job interview at Marex Group
✨Know Your Numbers
As a cost accountant, you'll be dealing with complex financial data. Brush up on your analytical skills and be prepared to discuss how you've handled cost analysis in the past. Bring examples of how you've identified discrepancies or improved cost control systems.
✨Familiarise Yourself with Marex
Do your homework on Marex Group and its services. Understand their market position and the specific challenges they face in cost accounting. This will not only show your interest but also help you tailor your answers to align with their needs.
✨Prepare for Technical Questions
Expect questions about accounting principles, especially around accruals, prepayments, and reconciliations. Be ready to explain your thought process when addressing cost variances or creating journal entries. Practising these scenarios can give you an edge.
✨Showcase Your Soft Skills
Marex values teamwork and communication. Be prepared to discuss how you've collaborated with other departments like Accounts Payable or Legal. Share examples of how you've built relationships and influenced positive outcomes in your previous roles.