IT Production Management Accountant

Recruiter
Michael Page International Rec Ltd
Location
London (Greater)
Posted
12 Jan 2018
Closes
18 Feb 2018
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
The primary responsibility is to provide comprehensive management accounting/reporting services for CIB IT Production area to the functional COO, direct reports and cost centre managers. The candidate is expected to support line manager in providing business partnering to Local Territory COO remit and to undertake to own the Step 1 cost recovery process including month close provisioning and key calculations.

Client Details

Our client are an International European Investment Bank.

Description

* Liaison with management / Project Office/ ISPL offshore team to obtain and validate all monthly information for the production of monthly expenses (principally expense accruals and prepayments)

* Play an integral role in the annual budgeting/forecasting process, including validation of PO templates, justification of the figures and any additional information to ensure managers have all the information they need

* Ensure correct input of Budget information into bank financial systems of the budget and forecast information and validation of the result with the manager and make or arrange corrections as agreed

* Prepare consolidated management information pack on a monthly basis for the COO (London & Paris) including graphs and variance commentaries between actual and budget/forecast costs & headcount

* Prepare consolidated reporting pack for corporate head office in Paris

* Hold monthly meeting with COO/N-1s to brief them on the overall financial performance

* During the annual budget and forecast process, prepare consolidated management information pack for each version and organise meetings with the COO

* Liaise with the project office, HR and with the Global PM Reporting team to ensure consistency of all reported costs, headcount analysis and commentaries

* Provide the Global PM team with actual, budget and forecast commentaries for the IT Production departments under direct responsibility

* Prepare complete cost reviews for monthly reporting- salary, discretionary and invoice

* Review asset creation and depreciation figures monthly before final posting

* Indirect cost allocation ownership, ensuring costs and keys are available in NCAIT. Assist ISPL with the month end provisioning of these Step 1 costs

* Prepare the Budget file for upload for IT Depreciation

Profile

* Qualified Accountant (CIMA / ACCA / ACA or equivalent) or qualified by experience with experience in IT Finance preferable

* Strong ability to interrogate, analyse and interpret data and produce variance analysis

* Committed individual able to deliver within tight deadlines

* Good communication skills essential (written and verbal)

* Intermediate MS Office skills including Excel and Access is essential , macro level preferable

* Strong ability to question and challenge the validity and accuracy of data or information received

* Prior experience of cost accounting and preparation of management commentaries

* Knowledge of General Ledger systems essential -Hyperion Essbase, Oracle Smartview and SAP experience desirable

Job Offer

* Hours 9-6pm
* Competitive Salary
* Market leading benefits
This job was originally posted as www.cityjobs.com/job/959924305