Cost Accountant
Newburn |£40,000 - £45,000
Blair West are supporting True Potential with a new role in the Management Accounting team leading expense control for True Potential Group. Responsibilities include analysing cost centre spend, partnering with stakeholders and collaborating with senior management, FP&A, and reporting teams to support strategic decisions. The position also contributes to board pack preparation and offers a unique opportunity to enhance cost control and reporting processes across the Group.
The opportunity:
- Prepare accurate monthly Management Accounts with relevant insights and commentary (P&L, Balance Sheet and cash flow).
- Prepare and review reconciliations to verify the accuracy of the management accounts, and perform monthly, quarterly, and year-to-date variance analysis to budget and prior year on P&L.
- Approval of journals.
- Continuously monitor financial KPIs, P&L, cash position and balance sheet, identifying variances and recommending areas for improvement.
- Preparation and review of monthly reporting packs and production and review of ad hoc cost centre reporting as requested.
- Business partner with the wider business heads for overhead and cost centre reporting and budget/forecast discussions.
- Assist in the delivery of and consolidation of monthly management accounts.
- Carry out in-depth analysis to improve the accuracy of cost accruals.
- Provide support in response to external and internal audit requests.
- Ad hoc duties as required.
- Presentation of Group costs to Senior Management at month end.
- Active in cost control for the wider Group Transformation project.
You’ll be the ideal candidate for this position if you’re someone who:
- Is a Qualified Accountant or close to completing studies (ACA/CIMA/ACCA/ICAS/ICAEW).
- Has excellent working knowledge of Excel (essential).
- Has experience in professional services/financial services or businesses of a similar ilk (advantageous).
- Has a high level of ambition, determination and self-motivation to match the True Potential way.
- Has experience in people management or mentoring of junior members of the team, with a track record of success in developing individuals.
- Is a strong management accountant with a desire to partner with other areas of finance to help knit things together.
- Has experience in presenting to senior management and building relationships across a business.
- Is experienced in Workday (desirable).
The Benefits Included with this Opportunity:
- Competitive base salary.
- Impressive bonus potential.
- 25 days annual leave + 8 bank holidays.
- Enhanced maternity, paternity and adoptive leave (subject to meeting eligibility requirements).
- Annual payment of professional qualification fees/subscriptions.
- Hybrid working arrangements (2 office days), with free office parking.
- True Potential Investments pension, with contributions increasing with length of service.
- Company/Team events throughout the year.
- True Potential Rewards – cashback on online purchases.
- Refer a friend reward.
Our commitment:
Blair West is an equal opportunity employer. We embrace diversity and inclusion at every stage of the recruitment process. We are committed to fairness, equality, and ongoing diversity training for our team to give our candidates and clients a feeling of belonging during their experience with us. If you require reasonable adjustments at any stage during their experience with us, please speak to their consultant.
If you’d like to speak to someone about this opportunity:
Craig Stewart: [email protected] / 07734 972 433
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