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Derivatives Cost Reporting (management accounting) (Ref: db384569)
Sector: Finance & Accounting Sub Sector: Qualified Accountant
Location: London, City Job Type: Contract
Salary: £51000 - £65000 per annum Post Date: 02/02/2010
Description:
Our client is a Global Derivatives Business. They are looking for an Financial Markets experienced Accountant

The key experiences, in order of preference, are;
Accounting for projects including capitalisation, depreciation, amortisation
Challenging and controlling overheads allocations received from Group departments
Understanding an IT environment
Reconciling and controlling intercompany balances

The role involves

preparation of financial and business related analysis and research for the European Derivatives indirect cost base including allocation of internal IT costs and group overheads.
monitoring of software development asset and associated depreciation.
preparation of forecasts and budgets, trend analysis and variance investigation.
provision of detailed and high level commentary for inclusion in the Derivatives monthly reports
maintenance of financial review reports and coordination of meetings with internal IT business unit and Business Change and Service Quality departments.
assistance with adhoc financial and business related studies including co-operation with other departments.
apply the principles of accounting to control processes and provide key financial information ensuring that management colleagues receive timely, accurate and relevant information.
Pre-quarter end estimates of indirect costs;
Quarterly full year forecasts;
Liaison with auditors;
Creation and maintenance of financial spreadsheets;
Provision of detailed, timely and accurate reports to Derivatives and Global Finance management
Review and approval of General Ledger allocation of indirect costs
Adhoc financial and business analysis

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