Financial Accountant - Cost Accounting
- Recruiter
- Sainsbury's
- Location
- London, Greater London, United Kingdom, United Kingdom
- Salary
- Competitive salary
- Posted
- 02 Dec 2021
- Closes
- 08 Dec 2021
- Ref
- 21000VV7
- Approved employers
- Approved employer
- Job role
- Accountant, Financial accountant
- Sector
- Retail and FMCG
- Experience level
- Qualified accountant
Division/Dept.
Finance/ Corporate Finance
Location
Holborn Store Support Centre and Home
Reporting to
Finance Manager - Cost Accounting
In a nutshell
One of [4] Cost Accounting roles, the job holder is responsible for accounting activities supporting [retail cost / central / marketing / logistics / labour / other]. The Financial Accountant - Cost Accounting is responsible for ensuring a timely and accurate financial close each period for their functional responsibility area, working in conjunction with other Finance functions such as the Finance Business Partners and Finance Operations, and supporting the Finance Manager in Cost Accounting.
What you need to do
Ensure accounting records maintained in compliance with Sainsbury's policy and accounting standards for specific entities, business functions and cost lines
Responsible for accounting close for functional area
Reconciliation of balance sheet accounts and clearance of reconciling items completed in compliance with Sainsbury's policy
Implementation of minimum financial control procedure requirements, for example including journal sign off
Ensure compliance with agreed intercompany processes, so that all of Sainsbury's balances are accurately reconciled and agreed on a periodic basis
Ensuring overall compliance with Sainsbury's policy and accounting standards, exercising appropriate judgement where required
During interim and year end cycle, delivery of audit requirements and any additional internal reporting requirements and queries required to support the external announcements
Collation and reporting of lease related activities to the centre for lease accounting, and posting of resulting accounting adjustments as advised by the centre for lease accounting
Working with other business functions and areas as needed, including Finance Operations, Property Finance and Sainsbury's Argos
Provide accounting support to business projects as required
What you need to know and show
Professional Qualified Accountant (ACA/ACCA/CIMA), or equivalent relevant experience and studying towards a professional accounting qualification
Experience of maintaining strong financial controls
Knowledge of broad organisation policy and procedure
Strong analytical skills
High level of energy and drive
Good written and verbal communication skills
Self-motivated team player, able to work autonomously as well as collaboratively with other stakeholders
Able to prioritise and meet deadlines in a constantly changing environment
Attention to detail
What decisions I can make including budget
Identify and apply correct accounting treatment for your functional areas and entities
Apply appropriate judgement in areas of complexity or ambiguity
Directly or indirectly manages
No direct reports
Manages activities and interaction with other areas as required to meet deliverables
Support we will provide
Working as part of a reporting and accounting team with significant collective experience and expertise
Access to technical guidance from Big4 consulting and audit teams where necessary
Access to Sainsbury's L&D offer, including regular Bitesize sessions, lunch & learns and accounting technical update sessions
Work-life balance is important to us, so we offer our colleagues as much flexibility as possible in line with the needs of their role. We trust them to decide how, where and when they work, combining remote and collaborative working with a flexible approach to hours, giving them plenty of time and space for life outside of work whilst delivering against our business goals.
#LI-BB1
Finance/ Corporate Finance
Location
Holborn Store Support Centre and Home
Reporting to
Finance Manager - Cost Accounting
In a nutshell
One of [4] Cost Accounting roles, the job holder is responsible for accounting activities supporting [retail cost / central / marketing / logistics / labour / other]. The Financial Accountant - Cost Accounting is responsible for ensuring a timely and accurate financial close each period for their functional responsibility area, working in conjunction with other Finance functions such as the Finance Business Partners and Finance Operations, and supporting the Finance Manager in Cost Accounting.
What you need to do
Ensure accounting records maintained in compliance with Sainsbury's policy and accounting standards for specific entities, business functions and cost lines
Responsible for accounting close for functional area
Reconciliation of balance sheet accounts and clearance of reconciling items completed in compliance with Sainsbury's policy
Implementation of minimum financial control procedure requirements, for example including journal sign off
Ensure compliance with agreed intercompany processes, so that all of Sainsbury's balances are accurately reconciled and agreed on a periodic basis
Ensuring overall compliance with Sainsbury's policy and accounting standards, exercising appropriate judgement where required
During interim and year end cycle, delivery of audit requirements and any additional internal reporting requirements and queries required to support the external announcements
Collation and reporting of lease related activities to the centre for lease accounting, and posting of resulting accounting adjustments as advised by the centre for lease accounting
Working with other business functions and areas as needed, including Finance Operations, Property Finance and Sainsbury's Argos
Provide accounting support to business projects as required
What you need to know and show
Professional Qualified Accountant (ACA/ACCA/CIMA), or equivalent relevant experience and studying towards a professional accounting qualification
Experience of maintaining strong financial controls
Knowledge of broad organisation policy and procedure
Strong analytical skills
High level of energy and drive
Good written and verbal communication skills
Self-motivated team player, able to work autonomously as well as collaboratively with other stakeholders
Able to prioritise and meet deadlines in a constantly changing environment
Attention to detail
What decisions I can make including budget
Identify and apply correct accounting treatment for your functional areas and entities
Apply appropriate judgement in areas of complexity or ambiguity
Directly or indirectly manages
No direct reports
Manages activities and interaction with other areas as required to meet deliverables
Support we will provide
Working as part of a reporting and accounting team with significant collective experience and expertise
Access to technical guidance from Big4 consulting and audit teams where necessary
Access to Sainsbury's L&D offer, including regular Bitesize sessions, lunch & learns and accounting technical update sessions
Work-life balance is important to us, so we offer our colleagues as much flexibility as possible in line with the needs of their role. We trust them to decide how, where and when they work, combining remote and collaborative working with a flexible approach to hours, giving them plenty of time and space for life outside of work whilst delivering against our business goals.
#LI-BB1
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