Cost Analyst

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

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