Power: Financial Analyst: London

Overview

To-date many of the finance functions have been operated in line with the basic requirements of a start-up company while we now need to develop a broader, more mature set of processes and capabilities in line with the requirements of a fully operational business. This transition will in part be supported by upgrading the currently limited Finance and Accounting systems while to more up to date and better suited systems reassessing and if necessary adapting some of the existing finance processes.
As part of the Finance team, the Financial Analyst will have responsibilities into the fields of (1) financial reporting to the company management and executive board, (2) general financial accounting and purchase ledger management and (3) re-definition, upgrade and go live of the new accounting IT system (with internal/external assistance).
The Financial Analyst will have a direct reporting line into the Financial Controller while integrating into the wider Finance team led by the Chief Financial Officer.

General Responsibilities
Financial reporting

• Instrumental to the design, formation and construction of the monthly Board Reporting pack for presentation to 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

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

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)
• CIMA or ACCA 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