Cost Analyst

Posted 02 May 2025
Salary £45000 - £50000 per annum
LocationLondon
Job type Contract
Discipline Consumer
ReferenceSVWPERM2025_1746204171

Job description

IT Cost Analyst
Up to £50k DOE
Hybrid Working- 3 days in
12 month FTC
Immediate start

I am exclusively partnering with a Global Retail Company in London, recruiting for an experienced Cost Analyst to join the team. This is a 12 month Fixed term contract so as a result you are required to be immediately available / 1 weeks notice. This is a fantastic role with a lot of scope to make it your own. Please email your CV to shendl.van-wyk@investigo.co.uk

The main purpose of an IT Costs Analyst is to support the Finance team in providing a complete management accounting service to budget holders and to ensure full support is given to the business to control central costs.

The role will include:

  • Administration of IT recoveries process whereby resource is allocated to projects in a robust and transparent way -monthly
  • Administration of IT Management recharge to capital projects - quarterly
  • Month end reporting of actuals for IT Contracts, preparation of accrual calculations and management of prepayments - includes posting journals and reconciliations
  • Track and be able to explain variances to budget - flag risks and ops to IT Business Partner.
  • Assisting IT Business Partner with Budgeting and forecasting of BAU IT Contract costs, in line with business planning cycles including robust analysis of changes.
  • IT Projects - monthly accounting for IT projects to ensure reporting in the correct division and any variances understood and explained to stakeholders.
  • Assisting IT Business Partner with Budgeting and forecasting of IT Project costs, in line with business planning cycles including robust analysis of changes.
  • Support the IT team with ad hoc analysis and queries
  • Provide detailed analysis of all IT charges being invoiced
  • Reflect relevant charges in the correct ledger
  • Support with updating of charges each month as contracts separate throughout the period.


Candidate specification:

  • Part qualified accountant (CIMA/ACCA)
  • Experience of working across business functions in a collaborative way
  • Proven record of month end responsibilities including preparing accruals and prepayments
  • Ability to thrive in a fast-paced environment
  • Excellent organisational skills and a flexible attitude
  • Proven ability of working with a range of non-finance business colleagues
  • Highly numerate and analytical and ability to present data to a compelling way
  • Experience of project and SaaS accounting an advantage
  • Advanced Excel skills