Head of Cost Accounting & Payables (11997)
Investec, Cheap, City and County of the City of London
Head of Cost Accounting & Payables (11997)
Salary Not Specified
Investec, Cheap, City and County of the City of London
- Full time
- Permanent
- Onsite working
Posted 1 week ago, 9 Jun | Get your application in now before you miss out!
Closing date: Closing date not specified
job Ref: d86aeb7fc4174b7baa254dcdaf11ffe0
Full Job Description
The Head of Cost Accounting & Payables will lead the Cost Accounting team and oversee the delivery of the accounts payable activities offshored to Investec Ltd in South Africa. The Cost Accounting team are located across London, Mumbai and South Africa, and are collectively responsible for the budgeting, reporting and accounting activities for Technology, Operations, Risk, Finance, HR, Marketing and all other business enablement functions. The Accounts Payable team are based in South Africa and fulfil our obligations to vendors/suppliers through timely onboarding, invoice processing and arranging settlements, in compliance with internal policies. In addition, the team also facilitates the reimbursement of staff expenses and manages the corporate credit card scheme. This role reports to the Head of Planning, Analysis and Strategy. What will you be doing?
- Developing a team of 17 in partnership with local leaders, inspiring confidence and generating excitement, enthusiasm and commitment to drive the business forward
- Building an inclusive environment, setting clear objectives, and ensuring the UK growth strategy is understood and people feel connected to it
- Ensuring accuracy and integrity of all cost accounting in line with relevant accounting standards and tax laws
- Overseeing the cost allocation methodology and associated processes
- Delivering regular reporting, strategic reviews and creating financial narratives on costs
- Influencing Executive Committee members for all business enablement areas through strategic level finance support as required
- Operating as a financial partner to proactively identify opportunities to drive efficiencies to optimise costs
- Playing a key role in transforming existing processes, partnering with Technology to deliver scalable, flexible and resilient solutions, including modern technologies such as Power platforms and AI
- Understanding market dynamics and industry trends affecting business support areas.
Demonstrable knowledge of cost drivers in a banking context - Demonstrable knowledge of banking products and processes
- Strong Excel & PowerPoint skills
- Knowledge of data visualisation best practice
- Strong analytical capabilities
- Strong operational finance understanding
- Excellent leadership and coaching skills
- Strong business and commercial acumen
- Great attention to detail
- Strong stakeholder management skills
- Strong analytical skills
- Strong business partnering
Investec offers a range of wellbeing benefits to make our people feel healthier, balanced and more fulfilled in their lives inside and outside of work., Embedded in our culture is a sense of belonging and inclusion. This creates an environment in which everyone is free to be themselves which helps to drive innovation, creativity and ultimately business performance. At Investec we want everyone to find it easy to be themselves, and to feel they belong. It's a responsibility we all share and is integral to our purpose and values as an organisation.
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