At a Glance
- Tasks: Analyse and record expenditure, develop cost-control systems, and monitor expenses.
- Company: Join Marex, 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.
About Marex
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
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: Rex Technologies GmbH
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, ensuring that every team member feels valued and empowered. Located in a global hub for finance, employees benefit from access to a wide network of industry professionals and resources, making it an ideal place for those seeking meaningful and rewarding careers.
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, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching Marex and understanding their services. Tailor your answers to show how your skills as a cost accountant can help them improve their processes and drive efficiencies.
✨Tip Number 3
Practice your communication skills! Being able to explain complex financial concepts clearly is key. Try explaining your past experiences to friends or family to get comfortable with your delivery.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in being part of the Marex team.
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 the 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, make sure to highlight any relevant experience in accounting or finance, especially in regulated environments. We love candidates who can demonstrate their understanding of risk and compliance requirements.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re proactive and keen to join our team!
How to prepare for a job interview at Rex Technologies GmbH
✨Know Your Numbers
As a cost accountant, you'll need to demonstrate your analytical skills. Brush up on key financial metrics and be ready to discuss how you've used data analysis in previous roles. Prepare examples of how you've identified cost variances or improved cost control systems.
✨Familiarise Yourself with Marex
Do your homework on Marex Group plc. Understand their services, market position, and the industries they operate in. This will not only help you answer questions more effectively but also show your genuine interest in the company and its operations.
✨Prepare for Technical Questions
Expect questions about accounting principles, especially around accruals, prepayments, and reconciliations. Be ready to explain complex concepts in simple terms, as this will showcase your communication skills and ability to work collaboratively with other departments.
✨Showcase Your Team Spirit
Marex values teamwork, so be prepared to discuss how you've worked with others in past roles. Share specific examples of how you've built relationships across departments, tackled challenges as a team, and contributed to a positive work environment.