Inter-company Cost Financial Analyst - Day Rate Contractor assignment until 31.3.2025
Triodos Bank is an award-winning organisation and one of Europe’s leading sustainable banks, whose mission is to make money work for positive social, environmental, and cultural change. We offer a wide range of banking services for people who want to use their money consciously – from current accounts through to investments and savings. We only finance companies, organisations and projects that benefit people and the environment.
We’re a certified B Corporation, meaning that we are part of a community of businesses driving the shift to a new kind of economy, that is better for workers, better for communities and better for the environment.
The Opportunity:
We are delighted to be currently recruiting for an Inter-company Cost Financial Analyst to join us on a 3-month day rate contractor basis. We have determined this role is expected to be outside IR35 and is available at up to a £550 day rate depending on experience.
This role can be done predominantly remotely if preferred (use of our Bristol, Edinburgh and London offices is available as required). Occasional travel to our Bristol head office for key stakeholder meetings would be desirable.
Triodos Bank UK (“TBUK”) is in the process of delivering a transformation programme to ensure that the bank is in control in an efficient, adaptive, and cost-effective way.
TBUK is the recipient of Group (Head Office) intercompany recharges. As part of delivering on the overall programme objectives, the purpose of this role is to provide the necessary expertise to analyse, adapt and implement a more effective and efficient intercompany recharge mechanism, providing clear communication and guidance to key stakeholders across several areas of TBUK and Group. This will improve transparency, control and influence of recharges, through facilitating a Supplier/Customer discourse that ensures there is no duplication with local costs. You will map the existing process and methodology; identify a target model and then recommend how to transition the gap.
1. Conduct detailed analysis of 2021-4 Group (Head Office) intercompany recharges to understand charges and drivers across Projects, ICT Costs and General Overheads.
2. Provide identification of cost saving opportunities from realisation of resource/activity duplication between countries and/or under-utilisation of 3rd party services.
3. Deliver an updated Intercompany cost transfer pricing policy, approved by TBUK and Group HO.
4. Update Inter-company allocations methodology manual (for HO Accounting).
The Initiative will engage and seek alignment with the transformation Programme within the UK, and with owners of control activities across the wider Group.
What we are looking for:
To be successful in this role you will be a qualified accountant with commercial experience, including working in a group environment with inter-entity recharging, ideally in the financial services sector.
Strong excel analytical skills and the ability to deal with complex data sets is needed, as this role is responsible for the production of all required analysis.
An excellent communicator at all levels, you will be able to collaborate constructively with finance and accounting staff in other (international) entities and will be skilled in extracting necessary information.
A practical understanding of banking regulations and/or cross border transfer pricing requirements would be desirable for this role.
Offer:
We have determined this role is expected to be outside IR35 and is available at up to a £550 day rate depending on experience. This is a Day rate contractor assignment until 31.3.2025.
Deanery Road
BS1 5AS Bristol
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