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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)
