Cost Accountant

MG Investments is Prudential plc's UK based fund management business and is one of Europe's leading active asset managers with more than £238.4 billion* of funds under management across fixed income, equity, property and multi-asset strategies.

-*as at 31 March 2013

Opportunity

An opportunity exists for the appointment of a Cost Accountant within the MG Central Finance Records Team, reporting to the Cost Manager.

The Cost Team will be responsible for all costs within the Group apart from workforce costs which are managed and controlled by a separate team. In addition to the accounting and control of actual cost data and payments, the team is responsible for producing plans, forecasts and associated statutory and management information for costs across all MG business units and entities.

The team will interact with all Finance teams and the Business - in conjunction with the BU finance teams.

Area of Direct responsibility - Real Estate and FI

Control of all cost centres and allocation of costs across Real Estate and Magim, incorporating:
* Review of all expenses in SUN general ledger on a monthly basis.
* Responsibility for the Data feeds budget and allocation to all users.
* Submission of accruals, prepayment and adjustments.
* Provide detailed and summary variance analysis to BU Teams.
* Cost centre management reports - compile and add commentary before either sending to BU Team or direct to cost centre managers.
* Monthly update meeting with department managers on "vanilla" cost centres. Strategic cost centres (to be determined) meetings will be led by BU Teams.
* Regular meetings with BU Team to ensure appropriate communication between BU and Central Teams.
* Preparation of-budgets and forecasts for all cost centres
* Keep abreast of business and project developments; provide input and analysis with the wider finance team.
* Coaching and management of 1 member of staff.

In addition, this role will have overall responsibility for these areas including consolidation and delivering to overall timetable.
This role will be responsible for Assistant Accountant.

What we are looking for

This role is ideally suited to someone who can demonstrate:
* An ability to manage tightly controlled processes.
* Excellent planning and organisation skills with the ability to work accurately under pressure.
* Strong analytical skills with an ability to analyse and present results.
* Strong interpersonal and communication skills.
* Ability to work within a team environment
* A strong initiative to improve processes and implement changes to existing ones.
* An ability to identify problems and drive to follow them through to resolution.

The role is ideally suited to someone who can demonstrate the following :
* Qualified accountant with PQE including the following:
o Financial reporting and control
o Cost accounting
* Strong Excel Skills
* Experience of Hyperion and SUN an advantage

MG is an equal opportunities employer and welcomes applications from a diverse background.

October 2, 2013 • Tags:  • Posted in: Financial

Leave a Reply

You must be logged in to post a comment.