Group Cost Accountant

  • Location:

    City of London, London

  • Sector:


  • Job type:

    Contract / Interim

  • Salary:


  • Contact:

    Global Sourcing Centre (GSC)

  • Contact email:

  • Job ref:


  • Published:

    15 days ago

  • Expiry date:


  • Client:

    Resource Solutions

  • Work preference:


Job Title: Group Cost Accountant

Location: City of London

Duration: Initial 6 months

Organisation Profile:

Prudential plc is an international financial services group serving around 26 million customers and has £657 billion of assets under management. We are listed on stock exchanges in London, Hong Kong, Singapore and New York.

We provide protection and savings opportunities to our customers, social and economic benefits to the communities in which we operate, jobs and opportunities to our employees, and financial benefits for our investors. By offering security, pooling savings and making investments, we help to drive the cycle of growth.

Principal Accountabilities:

  • Ensure accurate and timely monthly, quarterly and year end close processes for Prudential Services Limited (PSL) (the legal entity for Group Cost)
  • Ensure accurate and timely submission of half-year & full-year results to Group Financial reporting team
  • Assist in year-end production of statutory reporting & accounts
  • Act as key finance contact on expense claims, in line with company and HMRC policies
  • Ongoing process and system improvement to accommodate business requirements and reporting changes whilst ensuring on-going compliance with relevant financial controls
  • Assist in external and internal audit queries

Key Result Areas:

  • Reporting - production and review. Assist in production of monthly reporting pack including commentary on variances and explanation of trends
  • Technical knowledge - Learn quickly about Prudential and the way we work. In particular, gain an understanding of the financial reporting processes and our finance systems
  • Process development - Improve the efficiency whilst maintaining accuracy of our expenses and budget reporting, optimising the technology and data available
  • Relationship Management - Build strong relationships across Group functions to enable development of in-depth understanding of costs to provide insight to budget holders
  • Financial control and audit - Ensure that a clear audit trail exists and that controls are performed effectively and documented; provide timely and accurate responses to the internal and external auditors.

Core Competences Required:

  • Chartered Accountant or CIMA / ACCA
  • Professional services industry experience, an advantage
  • Organised self-starter able to work to tight deadlines and under pressure
  • Able to think flexibly and open to new ideas, with strong problem-solving skills and enthusiasm to improve processes
  • Close attention to detail and accuracy
  • Strong interpersonal skills, able to liaise with stakeholders from different specialisms in different locations and at different levels of seniority
  • Experience in Enterprise resource planning (ERP) systems is essential with experience in Workday desirable
  • Advanced level of Excel