Cost Centre Analyst

2 weeks ago


Ipswich IP AN, United Kingdom AXA UK Full time £35,000 - £50,000 per year

As a Cost Centre Analyst, you will conduct a full review of the business month end expenses close process, understanding it's strengths and weaknesses to support a redevelopment. This will include a reconciliation of the intercompany and subsidiary activity and a redesign of the month end flash report which will bring clarity to Senior executives on the business performance. This role is aimed at someone with previous experience with intercompany transactions, subsidiary accounting and process improvement.

You will support functional transactional expense management under the guidance of the Expense Analyst Team Manager. Lead month-end close activities (journals and prepayments), ensure correct accounting treatment of expense items in line with the AXA manual.

At AXA we work smart, empowering our people to balance their time between home and the office in a way that works best for them, their team and our customers. You'll work at least two days a week (40%) away from home, moving to three days a week (60%) in the future. Away from home means either attendance at one of our office locations, visiting clients or attending industry events.

What you'll be doing:

  • Working to redesign the monthly flash report.
  • Manage all month-end journals, including accruals and prepayments
  • Reconciling inter-company transactions
  • Reconciling subsidiary company movements
  • Review accounting treatment of expense items (capitalisation, restructuring provisions) per AXA accounting manual; prepare control documentation for sign-off
  • Support budgeting and forecasting for business units in Anaplan
  • Build and maintain relationships with offshore team, expense partners, cost centre managers, and auditors; support external audits and remediation of audit recommendations

Due to the number of applications we expect to receive for this role, we reserve the right to close this advert earlier than the listed closing date to ensure we're able to effectively manage interest. Therefore, if you're interested in joining us at AXA, please don't hesitate to apply.

What you'll bring:

  • ACA/CIMA/ACCA PQ or qualified, or qualified by experience, or equivalent
  • IFRS knowledge with strong technical accounting skills
  • Experience of process redesign, internal control strengthening and creating efficiencies.
  • Advanced Excel skills; proficiency in Anaplan
  • Insurance finance experience or familiarity with non-IT cost centre accounting (preferred)
  • Excellent written and verbal communication; stakeholder engagement at senior levels
  • Strong commercial acumen; proactive, resilient, and able to deliver under pressure
  • High integrity with confidential data handling; strong governance mindset
  • Proven relationship management capabilities; able to work with offshore teams, expense partners, cost centre managers, and auditors

Internal candidates are encouraged to apply for this role as a secondment opportunity through the internal careers site.

What we offer:

At AXA UK, we're appreciative of the people who work for us and our rewards package is reviewed regularly to reflect that. You can expect to receive:

  • Competitive annual salary of up to £50,000
  • Discretionary company & performance-based bonus
  • Contributory pension scheme (up to 12% employer contributions)
  • Life Assurance (up to 10 x annual salary)
  • Private medical cover
  • 28 days annual leave plus Bank Holidays
  • Opportunity to buy up to 5 extra days leave or sell up to 5 days leave
  • Wellbeing services & resources
  • AXA employee discounts

To apply, click on the 'apply for this job' button, you'll then need to log in or create a profile to submit your CV. We're proud to be an Equal Opportunities Employer and don't discriminate against employees or potential employees based on protected characteristics. If you have a long-term condition or disability and require adjustments during the application or interview process, we're proud to offer access to the AXA Accessibility Concierge. For our support, please send an email to bayley.-

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Who we are:

AXA UK Support Functions power AXA's three customer-facing business units, providing the infrastructure, support and expertise to ensure our customers can always count on us. Whether you've got heaps of experience and qualifications behind you, or you're just starting out, we'll give you the support and opportunities to help you grow and develop with confidence.


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