The posting
Senior Management Accountant at Alpha FMC
• Division: Business Services • Team: Finance – Accounting Services • Location: Budapest
About Alpha FMC Alpha Financial Markets Consulting is a leading global consultancy to the financial services industry. Founded in 2003, we have worked for over 20 years to bring together specialist, sector-focused strategy, management consulting and technology expertise to support the entire client transformation lifecycle. Having partnered with more than 1,200 clients worldwide across the asset and wealth management, alternatives and insurance industries, Alpha is truly a trusted advisor for complex change programmes. We now have over 1,180 consultants working with clients across North America, the UK, Europe, Middle East and APAC. In 2024, in recognition of our successful track record and strong growth prospects, Alpha was acquired by Bridgepoint, one of the world's leading quoted private asset growth investors. Our people are at the heart of everything we do. We are delighted that many of our team have built long and fulfilling careers with us, many staying over a decade. We believe this is because Alpha offers a genuinely rewarding place to work: a meritocratic environment where your career can flourish, and a welcoming culture where you can be yourself, connect with others and thrive. As we look to the future, we’re excited to be looking for new Alpha colleagues - individuals who are collaborative, innovative and ambitious. We hope you will join us and help shape the next chapter of our growth journey.
Why join Alpha Business Services? • Be part of something successful - We’re an established professional services firm with an ambitious growth trajectory. Your work directly supports and impacts our business success and makes a real contribution to the company's success story. • Unlock your potential - You’ll grow through meaningful work, real exposure to new challenges and continuous learning. Stretch your skills, take ownership of key responsibilities and access progression opportunities as our company grows. • Belong to a great international team - Our culture is collaborative, supportive, and social. You’ll work with people who value teamwork, celebrate success and genuinely enjoy working together. • Thrive with us - Benefit from flexible working, market-aligned pay and benefits and a supportive environment that helps you do your best work
Overview of Business Services While consultants focus on delivery client value, our 'Business Services’ function ensures that the company runs efficiently and appropriately across a number of operational areas: People, Operations, IT, Legal and Finance. Together, these teams ensure the consultants are fully supported - working from a strong operational base that’s efficient, innovative and compliant. Business Services doesn’t just enable delivery; it empowers Alpha’s long-term success.
Role & Requirements Alpha FMC are looking for a Cost Accountant to join the team to support the company’s rapid growth and following recent acquisitions.
Key Responsibilities: • Working in the Financial Controller teams responsible for cost and controls including the production of monthly management accounts. • Ensure supplier invoices and expenses are appropriately approved, correctly posted and paid. Approve new supplier set up including independent bank account verification as required. • Prepare / approve monthly journals for accruals, depreciation, prepayments, operating expenses etc. Working with the Revenue Accountant to ensure Cost of Sales and Revenue recognition are aligned to KPIs. At all stages ensuring expenditure variances to budget / expectation are reviewed and explained and/or adjusted accordingly. • Prepare monthly balance sheet files for relevant nominal captions. Maintain fixed asset registers and ensure accurate capitalization of costs where applicable. Ensure balances are revalued, reconciliations are up to date, and reconciling items are investigated and actioned promptly. • Working with the Business Partnering team to provide commentary on variance analysis on the local CEO packs financial statements and KPIs. Perform ad hoc cost analysis as required. • Provide input into the Business Partnering led Budget and Reforecast process, including run rate analysis of overheads and working capital cash conversion. • Provide the Transactional Finance Team (AR&AP) with assistance on bank transactions postings and approve the monthly bank reconciliations. • Working with the help of the Transactional Finance Team as required, prepare and submit VAT/GST returns and other local compliance filings. • Support the local entity and the group’s annual statutory filings, audit(s) and tax return process by providing responses to information requests and follow on queries. • Highlight errors or issues to the Financial Controller and resolve discrepancies • Build strong relationships and rapport with stakeholders internally • Manage, train and support to junior members of the team
We want to hear from people with: • Finalist / Qualified Accountant with management accountant experience • BSc/MSc in Economics or Finance or equivalent professional experience • Strong Excel skills, strong IT systems skills • Focus on team achievement, not just individual goals • First-class interpersonal skills, with ability to influence and lead • Proactivity • Ability to cope with demanding and fast-paced environment • Excellent organisation skills and rigorous attention to detail • Business / financial services experience helpful
Location and working pattern: • Alpha is proud to offer a hybrid working arrangement wherein staff are able to combine office and home working. This would typically mean 2-3 days in the Budapest Alpha office; however the exact arrangements will be confirmed based upon the role and responsibilities. Occasional travel might be required, more likely at senior levels.
Benefits & Compensation • Competitive salary and benefits
Our Commitment to Inclusion At Alpha, diversity, equity and inclusion are critical to our success. Our priorities show a focus on fostering an inclusive, equitable workplace where individuals are treated fairly regardless of gender or background. We welcome applications from disabled people and are committed to making our recruitment process and workplace accessible and inclusive for everyone.
Data Privacy Policy: Full details around what data we hold, why we hold it and for how long are available in our recruitment privacy statement (https://alphafmc.com/privacy-policy/).
