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Cost Analyst - Investment Banking

Salary £40k to £60k
Type Permanent
Location London
Sector Finance & Accountancy
Job Reference T81/AXM/26297
Contact Andrew Mackay
Date posted 20-06-2017

BRUIN Financial are currently recruiting for two Cost Analysts for a growing Investment Bank based in the City of London. The roles will be part of UK Cost Control with responsibility for the execution of cost management processes within a robust financial control framework; preparation of accurate financial data and analytics for business decisions and related accounting processes; and extracting, standardising and optimising business processes.

• Preparation of cost base financial and statistical data in line with financial reporting timelines including data validation, accruals/prepayments and other cost adjustments
• Produce appropriate MI to support / influence behaviour change across the bank with respect to the cost base – regular and ad-hoc including trend and variance analysis by business line
• Analyse, reconcile and report upon expenses across multiple cost centres within a complex legal entity structure
• Understand the end to end cost base by business platform including data flows, accountabilities, and controls
• Understand the process and principles behind the global cost recharges across business lines and align with Transfer Pricing processes
• Be an integral part of the Planning and Forecasting process

Skills Required
• Accountanting Qualification - Part Qualified - Qualified (Salary will reflect combination of skills & qualifications)
• Microsoft VBA experience - Desirable
• Relevant cost control experience
• Autonomous in working; forward thinking to reduce cost base
• High degree of analytics skills with strong attention to detail/accuracy

Two positions available, Strong Renumeration Package + Bonus + Benefits etc
Seeking candidates who are looking to develop their cost understanding within an analytical remit

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Contact Andrew about this job

AVP, Consultant