Financial Accountant - Cost Accounting

London, Greater London, United Kingdom, United Kingdom
Competitive salary
02 Dec 2021
08 Dec 2021
Approved employers
Approved employer
Experience level
Qualified accountant

Finance/ Corporate Finance


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.


Similar jobs

Similar jobs