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Financial Analyst, Infrastructure Power Project

  • Location

    Greater London, England

  • Sector:

    Rail & Civil Infrastructure

  • Job type:

    Permanent

  • Salary:

    £35000 - £45000 per annum + staff benefits

  • Contact:

    Lee Morley

  • Contact email:

    lee.morley@talascendint.com

  • Job ref:

    BBBH91428_1562571783

  • Published:

    2 months ago

  • Expiry date:

    2019-08-04

  • Startdate:

    ASAP

  • Consultant:

    #

Our client is developing a high voltage direct current interconnector to link the electricity markets of Great Britain and France via the Channel Tunnel. Once operational, this will increase the existing interconnection capacity between the two countries by 50% thereby enhancing security of electricity supply for both businesses and domestic consumers. By utilising the existing Channel Tunnel infrastructure, they will offer 1,000 MW of additional bidirectional capacity with very low environmental impact and very high reliability supporting the efficient utilisation of generation sources (including intermittent low carbon generation) in both countries.


Overview

The company has recently grown from a small project development team to a larger operational team overseeing the construction of the interconnector through the Channel Tunnel.

To-date the finance functions have been operated in line with the basic requirements of a start-up company while now the needs to develop a broader, more mature set of processes and capabilities in line with the requirements of a fully operational business.


General Responsibilities
  1. Financial reporting
  • Instrumental to the design, formation and construction of the monthly Board Reporting pack for presentation to clients Management and Eurotunnel Directors
  • Provide detailed commentary and analysis in support of the monthly management reporting packs
  • Presentation of monthly results and reporting project construction progress to Management
  • Provision of ad-hoc financial data and analysis to Management or Groupe Eurotunnel as required
  • Refine reporting on 'Asset Under Construction' categories, ensuring correct asset classification and accounting treatment
  • Business partner with project construction, operations and functional leads; provide robust monthly cost centre & business unit reports, reviews and analysis
  • Play a key role in developing budgets, forecast and reforecast
  • Work closely with budget holders, tracking spend v. budget and explain variance drivers
  • Monthly analysis and review of assigned balance sheet accounts


General Responsibilities (Continued)
  1. Financial accounting
  • Payments administration in RBS Bankline (and other banking platforms as becomes relevant) in respect of account payable invoices and other payments
  • Manage and run the Purchase Ledger, including resolution of queries, ensuring that all due payments are made on time
  • Assist in the preparation of cash flow forecasts and requests to drawdown funds from Group
  • Assist in the preparation of monthly UK and France VAT returns
  • Assist in the preparation of annual financial statements
  • Provide financial information to the wider finance team to support the monthly financial close process
  • Assist with actual systems and procedures development, including development of effective internal controls in line with established best practice
  • Assist the Financial Controller with preparation for the year end audit including production of year end schedules
  • Assist in the planning and preparations for operational readiness

  1. Accounting IT system
  • Support and assist with the definition of the new accounting system IT requirements
  • Assist with the implementation of the new accounting IT system and act as a key user/tester during integration and testing phase (pre go-live)
  • Assist with the review of an upgrade to existing financial processes in light of the improvements offered by the new accounting system


Minimum Standards and Selection Criteria

Experience / Qualifications
  • Professional experience of 3-5+ years in Accounting services (Audit, Tax, Financial Reporting) ideally from a mid-tier accountancy firm
  • AAT qualified or CIMA/ACCA/ACA part qualified

Knowledge
  • Good understanding of International Financial Reporting Standards (IFRS)
  • Good and reliable experience with SAGE 200 and SAP

Skills and Personal attributes
  • Advanced Excel and Power point skills
  • Excellent organisational, delivery and communication skills, with the ability to engage, interact at all levels and across different cultures
  • Excellent attention to detail and accuracy
  • Excellent time-management skills, the ability to plan ahead, prioritise workload whilst working to Company deadlines
  • Be adaptable and flexible where required in order to meet operational needs
  • Has a continuous improvement mindset, strives to achieve efficiency and process improvements
  • Exposure to working in a binational and multi-currency environment
  • A team player, with a collaborative work ethic and a 'can-do' approach to tasks