Cost Accountant

Posted 06 March 2026
Salary £55000.00 - £65000.00 per annum + + Bonus
LocationCity of London
Job type Permanent
Discipline Accounting & Finance
ReferenceCost 12_1772798527

Job description

A growing real estate business is seeking a Cost Accountant to support the accounting and control of property and portfolio-level costs across its operational portfolio. The role focuses on accurate cost recognition, accruals and prepayments, and maintaining strong cost governance across multiple assets.

Key Responsibilities

Cost Control & Month-End

  • Prepare and post accruals and prepayments as part of the month-end close process
  • Support balance sheet reconciliations relating to cost balances
  • Review cost trends and investigate variances, working with FP&A and operational teams to resolve issues
  • Assist with month-end close activities and maintain clear supporting schedules

Capitalisation & Cost Classification

  • Support the identification and capitalisation of qualifying costs in line with accounting policies
  • Ensure consistent treatment between operating expenditure and capital expenditure
  • Maintain accurate tracking of capital costs across the portfolio

Cost Tracking & Reporting

  • Maintain reporting schedules for key cost areas across the portfolio
  • Work with operational and asset management teams to ensure completeness and accuracy of cost data
  • Support internal and investor reporting requirements where required

Purchasing & Cost Governance

  • Review purchase orders to ensure correct coding and appropriate approval
  • Support adherence to procurement and financial control policies

Systems & Process Improvement

  • Maintain accurate cost postings within finance systems
  • Develop and maintain Excel-based cost tracking and reporting schedules
  • Support audit processes and respond to auditor queries when required

Requirements

  • Qualified or part-qualified accountant (ACA, ACCA, CIMA or equivalent)
  • Experience in cost accounting, management accounting or financial reporting
  • Strong experience with accruals, prepayments and month-end processes
  • Strong Excel skills and ability to manage and analyse financial data
  • Ability to work with multiple stakeholders across finance and operations

Desirable

  • Experience in real estate, property, BTR, infrastructure or asset-heavy environments
  • Exposure to capital expenditure tracking and cost capitalisation
  • Experience with ERP or property accounting systems (e.g. Yardi)