Job description

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  • Location:
    Mumbai
  • Department:
    Finance & Tax
  • Division:
    IBP Business Enablement
  • Employment Type:
    Full time
  • Salary:
    Competitive

Finance - Support Business Partner/Cost Accountant (10068)

Investec is a distinctive Specialist Bank serving clients principally in the UK and South Africa. Our culture gives us our edge: we work hard to find colleagues who'll think out of the ordinary and we put them in environments where they'll flourish. We combine a flat structure with a focus on internal mobility. If you can bring an entrepreneurial spirit and a desire to learn and collaborate to your work, this could be the boost your career deserves.


  
About the team:
We are a cross regional team who are responsible for budgeting, reporting and accounting for the financials of the Business Enablement functions within the northern hemisphere  Bank (which includes Operations HR, Risk and all other Support functions). 

The role:
Looking after a set of cost centres, you will be responsible for front to back finances for these cost centres and will be expected to build strong relationships across the Support Division and work closely with the cost centre managers and senior Support leaders. 

Key Responsibilities include:


Reporting, Budgeting & Forecasting:
•    Forecasting and budgeting of cost centre spend, together with the allocations out to the businesses. 
•    Liaising with cost centre managers to fully understand cost base and headcount to ensure that actuals, forecasts and budgets are accurate. 
•    Clear reporting and effective commentary of direct costs & allocations, including variance analysis, to enable Support management and Group to fully understand costs
•    Assisting leadership with budget and other presentations.

Financial Control:
•    Month end processes including checking accuracy of entries and posting of accruals, prepayments and cost allocation journals; ensuring month end deadlines are hit.
•    Cost related Balance sheet management & reconciliation  
•    Review of allocations, understanding & loading of allocation drivers and ensuring allocations are run correctly each month
•    Completion of month end, including GL reconciliations, journals and accruals. Ensuring that all costs are accounted for consistently and according to group policies as well as compliant with IFRS principles

Other Responsibilities might include:
•    Invoice coding & control
•    Other reporting including direct cost, allocations & headcount across the bank
•    Other ad-hoc cost accounting tasks as required (e.g. transaction reporting of vendor invoices & expense claims, catering recharges)

Core skills and knowledge    

About you:
You will enjoy both working on your own initiative and as part of a team. We are looking for an accountant who is highly analytical and adept at problem solving and who can piece together information to create the whole picture


Technical knowledge and experience
•    Cost Accounting/Management Accounting experience (essential) 
•    Cost Allocation experience (essential) 
•    Fully qualified accountant CIMA, ACCA or ACA Accountant (or qualified by experience/part qualified) (essential)
•    Degree educated (advantageous)
•    Previous experience in Financial Services; broad banking product knowledge (advantageous)


Systems Skills
•    Intermediate /Advance MS Excel skills (essential)
•    Knowledge of JDE and Essbase (highly desirable)

Personal attributes
•    Excellent attention to detail
•    Pro-active with a strong work ethic
•    Able to manage detailed processes without losing sight of the big picture
•    Strong relationship management skills, able to influence and build rapport 
•    Ability to work in a dynamic, complex and changing environment
•    Good problem-solving skills
•    Ability to work well independently and as part of a team, across the entire financial and accounting spectrum
•    Ability to work to tight deadlines and under pressure, managing conflicting priorities
•    Ability to analyse, interpret and assimilate information
•    Good presentation skills


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.

Research shows that some candidates can be reluctant to apply to a role unless they meet all the criteria. We pride ourselves on our entrepreneurial spirit here and welcome you to do the same – if the role excites you, please don't let our person specification hold you back. Get in touch!


Recite Me

We commit to ensure that everyone is fairly assessed during our recruitment process. To assist candidates in completing their application form, Recite Me assistive technology is available on our Careers pages. This can be accessed by clicking on the ‘Accessibility Options' link at the top of the page.

The Recite Me tool includes a screen reader, styling and customisation options, a series of reading aids, a translator and more.

If you have any form of disability or neurodivergent need and require further assistance in completing your application, please contact the Careers team at [email protected] who will be happy to assist. 


 
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Location
Mumbai
607, 6th Floor, The Capital, A – Wing, Bandra Kurla Complex, Bandra East, Mumbai, India, 400051
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Meet the recruiter

Nancy Joseph

LinkedIn

We commit to ensure that everyone is fairly assessed during our recruitment process.

Let us know if you need any reasonable adjustments to complete your application.

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Benefits

Pension
Private Medical Cover
Virtual GP
Gym Discounts
Psychologist Service
Annual Leave
Life Assurance
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