Finance Business Partner - #59777

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Date: 2 weeks ago
City: Lowestoft
Contract type: Full time

Our client, a scuessful bsiness going through an excititng period of growth based in Lowestoft, are seeking an experienced Qualified Accountant to join their team a Finance Business Partner. This newly created role is a fantastic opportunity for a expereiencend Management Accountant who is looking to take the next step in their career.

This role will have two core areas of responsibility. Firstly, you will be supporting the monthly accounting processes and being a support to the Finance Manager in aiding the smooth running of the finance function. You will also be solely responsible for the project accounting work and supporting the operational managers in ensuring the projects stay on budget.
More specifically, your responsibilities will include:Project Accounting

  • Weekly forecast updates to track the performance of fast-paced offshore projects, including forecasts to support Management Accounts i.e. month end project revenue recognition and project cost accruals.
  • Understanding of progress and productivity calculations to ensure risk and accurate progress is reported and challenged where necessary.
  • Change management including identifying commercial opportunities, with suitable accounting structure to highlight varied performance.
  • Understanding of project / contract risk, with risk reflected within the forecast, supported by risk register.
  • Produce cash flow forecasts to ensure any potential temporary contract / project cash shortfalls are highlighted in order to be addressed / resolved.
  • Ensure invoicing is conducted on a timely basis and in line with milestones, with variations invoiced at earliest opportunity.
  • Work closely with Service Delivery Manager, to address operational concerns, timesheet reporting, ad-hoc reporting and financial performance updates.

Management Accounting

  • Draft preparation of timely and accurate monthly management accounts, budgets and financial forecasts for review with Finance & Admin Manager.
  • Coordinate management accounts timetable to ensure strict deadlines are achieved.
  • Responsible for ensuring financials are accurately reported on Group Consolidation System (Cognos)
  • Complete month-end journals and nominal account reconciliations.
  • Balance sheet reconciliation accounts and timely resolve of issues as appropriate
  • Perform reconciliations of Asset Registers, Purchase, Nominal ledgers, ensuring accurate transaction processing & timely period close.
  • Ensuring consistent and efficient accounting processes and internal controls are in place and procedures are adhered to
  • Assist Finance & Admin Manager with Supervision of Finance Team, including supporting an apprenticeship program, with coaching/training and overall support.
  • Assist with external audit, liaising with group and to ensure smooth audit of annual financial statements
  • Responsible for VAT returns, including ensuring administration and record keeping is compliant and in line with regulatory requirements.
  • Undertake any other tasks that may reasonably be required in accordance with the duties and the responsibilities of the assist with key tasks from other roles as requested to cover for holidays or absence within hours worked

This is a full-time role, working Monday and Friday, and is fully office based.

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