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Permanent

Cost Control Analyst - Qualified Accountant

London
money-bag £65000 - £75000/annum
Posted 2 days ago

Job Title: Cost Control Analyst (Qualified Accountant)
Location: London (Hybrid - 4 days office, 1 day remote)
Salary: -65,00075,000 + excellent benefits
Job Type: Permanent | Full-time
Sector: Financial Services / Banking

Are you a qualified accountant with a strong background in cost control, financial analytics, and stakeholder management?

A leading global financial institution is seeking a Cost Control Analyst to join its UK Cost Control function in London. You''ll play a critical role in the financial stewardship of the cost base, including reporting, analytics, and process optimisation - all within a robust financial control framework.

This role offers the opportunity to partner closely with business heads, tax teams, and global finance teams, supporting cost-saving initiatives and enhancing the transparency and control of expenses across the UK platform.

Key Responsibilities

  • Prepare accurate and timely cost base reporting, including accruals, prepayments, IFRS 16 entries, and analytics.
  • Partner with Tax to support VAT reporting and analysis.
  • Identify opportunities to improve or automate reporting processes.
  • Deliver meaningful MI and trend/variance analysis to influence business behaviour.
  • Manage the Fixed Asset Register and cost allocations.
  • Support and maintain effective controls, including Delegation of Authority processes.
  • Work closely with global stakeholders, procurement, and finance teams.
  • Contribute to annual planning and forecasting processes.
  • Support resolution of escalated Accounts Payable issues in partnership with global teams.

Must-Have:

  • Qualified Accountant (ACA, ACCA, CIMA or equivalent).
  • Post-qualified experience in a financial control or cost-focused role.
  • Strong financial reporting and cost analysis skills.
  • High attention to detail with excellent analytical capability.
  • Strong understanding of debits/credits and accounting principles.
  • Clear and confident communicator, both written and verbal.
  • Ability to work independently and manage stakeholders effectively.

Nice-to-Have:

  • Experience with IFRS 16, VAT (Recoverable/Reverse Charge), and occupancy cost allocations.
  • Background in audit or policy/procedure documentation.
  • Budgeting/forecasting experience.
  • Familiarity with Delegation of Authorities processes.
  • VBA or Excel automation experience.
  • Experience managing or mentoring a team.

Inventum Group is acting as an Employment Agency in relation to this vacancy.

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