Cost Accountant (VN2801)

Marex; Greater London; On-site; GBP 40,000 - 60,000; Full time

Job summary

Marex in Greater London is looking for a Cost Accountant to perform analysis, develop cost-control systems, and ensure accuracy in expense recording. This role involves preparing complex journals, investigating cost variances, and collaborating with various departments to enhance cost accounting processes.

The ideal candidate should be a qualified accountant with excellent analytical skills and a proficiency in Microsoft Excel. Marex is committed to an inclusive hiring process.

Qualifications

• Excellent analytical skills with strong attention to detail.
• Experience in a regulated environment with knowledge of risk and compliance.
• Ability to work independently and collaboratively.

Responsibilities

• Prepare monthly cost accounting journals including accruals.
• Identify and correct accounting and coding errors.
• Investigate and explain cost variances.

Skills

Analytical skills

Organisational skills

Communication skills

Teamwork

Ability to work under pressure

Resilience

Education

Qualified accountant

Tools

Microsoft Excel

Job description

About Marex

Marex Group plc (NASDAQ: MRX) is a diversified global financial services platform providing essential liquidity, market access and infrastructure services to clients across energy, commodities and financial markets. The group provides comprehensive breadth and depth of coverage across four core services: clearing, agency and execution, market making, and hedging and investment solutions. It has a leading franchise in many major metals, energy and agricultural products, with access to 60 exchanges. The group provides access to the world’s major commodity markets, covering a broad range of clients that include some of the largest commodity producers, consumers and traders, banks, hedge funds and asset managers. With more than 40 offices worldwide, the group has over 2,300 employees across Europe, Asia and the Americas.

For more information visit https://www.marex.com/

Role Overview

As cost accountant you will perform the analysis and accurate recording of expenditure. This role will involve developing cost‑control systems, monitoring expenses and analysing data from different sources ensuring accuracy and completeness of information. Month end tasks will include the preparation of complex journals to account for costs, including accruals, prepayments and balance‑sheet reconciliations alongside addressing any cost related queries. To develop good working relationships with Procurement, Market Data, Legal and Accounts Payable departments and develop an extensive knowledge of Marex’s cost base, helping to drive significant process improvements in the accounting for costs as well as identifying costs in scope of transfer pricing to be recharged to Marex group entities.

Responsibilities

• Assist in the preparation of monthly cost accounting journals including complex accruals
• Review and identify accounting and coding errors ensuring expenses are correctly prepaid or amortised
• Investigate and explain cost variances across the group
• Work closely with Accounts Payable / Product Control / Legal Entity Control teams to identify and create journal entries to account for required cost adjustments
• Assist in addressing cost related queries
• Assist with audit queries during the interim and year end audit
• Assist in developing cost control systems and reconciliations to market data, legal and occupancy platforms
• Assist in the transfer pricing process identifying costscharged across Marex group entities.
• Assist in identifying and delivering process improvements, and drive automation

Skills & Experience

• Excellent analytical skills with excellent attention to detail
• Strong organisational skills
• Excellent written/verbal communication and interpersonal skills
• Teamwork, but also ability to work independently
• Ability to work well under pressure
• Conscientious, self‑motivated, resilient and goal oriented
• Excellent verbal and written communication skills
• Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.

Competencies

• Qualified accountant
• Skilled in Microsoft applications software; in particular, high level of proficiency in Excel required
• Ability to multi‑task, prioritise and meet deadlines
• A collaborative team player, approachable, self‑efficient and influences a positive work environment
• Demonstrates curiosity
• Resilient in a challenging, fast‑paced environment
• Excels at building relationships, networking and influencing others

Inclusive Employer Information

Marex is fully committed to being an inclusive employer and providing an inclusive and accessible recruitment process for all. We will provide reasonable adjustments to remove any disadvantage to you being considered for this role. We value the differences that a diverse workforce brings to the company. We welcome applications from candidates returning to the workforce. Also, Marex is committed to avoiding circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process.

If you would like to receive any information in a different way or would like us to do anything differently to help you, please include it in your application.