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Head of Cost Accounting & Payables, London Client: Investec
Location: London, United Kingdom
Job Category: Other
EU work permit required: Yes
Job Reference: 369f79c2998c
Job Views: 4
Posted: 25.06.2025
Expiry Date: 09.08.2025
Job Description: 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.
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 budgeting, reporting, and accounting activities for Technology, Operations, Risk, Finance, HR, Marketing, and other business functions.
The Accounts Payable team are based in South Africa and handle vendor onboarding, invoice processing, settlements, staff expense reimbursements, and corporate credit card management.
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 enthusiasm
Building an inclusive environment, setting clear objectives, and aligning with the UK growth strategy
Ensuring accuracy and integrity of all cost accounting in line with standards and laws
Overseeing cost allocation methodologies and processes
Delivering reports, strategic reviews, and financial narratives on costs
Influencing Executive Committee members through strategic finance support
Driving efficiencies to optimize costs
Transforming processes with Technology, including Power platforms and AI
Understanding market dynamics and industry trends affecting business support
What are we looking for in the successful candidate? Knowledge of cost drivers in banking
Knowledge of banking products and processes
Data visualization skills
Strong analytical and operational finance skills
Leadership and coaching abilities
Business and commercial acumen
Attention to detail
Business partnering skills
Our culture involves a 4-day in-office week and one remote day. We offer wellbeing benefits, pension, bonus, insurance, travel schemes, and promote a culture of belonging and inclusion.
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