Location: This is a hybrid role, offering a combination of being able to work remotely and from our Corby office.
Contract Type: 12 months fixed-term contract
The Opportunity
The Junior Capex Accountant will support Enabling Function Finance and Group Finance with the day-to-day processing, analysis, reporting and control of capital expenditure and related project accounting activities across RS Group. The role is designed to support the Capex Accountant, taking on appropriate elements of monthly capex processing, project actuals reporting, capex credit support, master data maintenance and routine stakeholder queries. The role will also support the P&OE finance agenda where capacity allows, particularly in relation to data governance, data cleanse, migration preparation and interim project accounting process steps for end-to-end capital and project accounting processes.
What You Will Be Doing
Month-end processing and capital accounting support
- Support the monthly capex close process, including preparation of routine journals, accruals, reclasses and supporting schedules in line with month-end deadlines.
- Prepare and maintain working files for project labour capitalisation, non-timesheet accruals and other recurring capex adjustments, with review and approval retained by the Capex Accountant.
- Investigate routine posting issues, including miscoding, incorrect project charges and open items, escalating judgemental or complex accounting matters to the Capex Accountant.
- Maintain clear audit trails and documentation for all journals, adjustments and month-end deliverables.
Capex reporting, actuals tracking and analysis
- Prepare and refresh routine capex actuals reports, including SAP extracts, project mapping updates and distribution of supporting data to finance leads.
- Maintain project mapping and master data fields used in capex reporting, ensuring new projects, order codes and classifications are captured accurately.
- Support preparation of monthly capex management information, including variance analysis, phasing updates and first-pass commentary for review.
- Provide analysis to support understanding of actuals against forecast, including labour, external spend, KTLO, organic investment and other regional or functional demand where relevant.
Capex credits, depreciation and fixed asset support
- Support the capex credit process by preparing data inputs, maintaining schedules and performing quality checks on time reporting, rates and project allocations.
- Assist with depreciation analysis and supporting schedules, including movement analysis, phasing impacts and review of key drivers.
- Support fixed asset and asset under construction processes, including reconciliations, additions, transfers, disposals and supporting evidence where required.
- Help ensure the capitalisation treatment of costs is supported by appropriate documentation and aligned to Group accounting policy.
Project accounting governance and process support
- Support project code set-up and master data maintenance, ensuring requests are complete, appropriately approved and aligned to agreed governance standards.
- Maintain and administer financial attributes within our project systems (SAP, Planview and Onestream), including FX rates, internal resource rates and projects hierarchies.
- Investigate and resolve data inconsistencies or reconciliation breaks across SAP, Planview and Onestream Systems.
- Assist in maintaining clear process documentation, SOPs and guidance for capex and project accounting processes.
- Support the Finance GPO, Data team and P&OE stakeholders with S/4HANA and Planview transition activities, including data cleanse, migration preparation and interim process design steps.
- Help identify opportunities to simplify reporting, reduce manual effort and improve controls across capital and project accounting processes.
Stakeholder support and query management
- Respond to routine queries from finance leads, project managers and regional teams on capex actuals, project codes, timesheeting, capex credits and month-end outputs.
- Route complex, judgemental or high-risk matters to the Capex Accountant, ensuring clear ownership and timely follow up.
- Support the development of user guidance and standard responses to reduce repeat queries and improve self-service across the finance community.
- Work collaboratively with Technology, Supply Chain, Finance Transformation, regional finance and central finance teams.
Controls, audit and compliance
- Maintain evidence to support capitalisation, approvals, reconciliations, postings and reporting outputs.
- Assist with internal and external audit requests, including sample support, walkthrough evidence and reconciliations.
- Support compliance with Group delegation of authority, capitalisation policy, accounting standards and finance control requirements.
- Assist with tax, statutory and finance requests by collating data and schedules, while ensuring ownership remains with the accountable team.
What You’ll Bring
- Studying towards, or willing to study towards, a recognised accounting qualification such as AAT, ACCA, CIMA or equivalent.
- Strong numerical, analytical and reconciliation skills with excellent attention to detail.
- Good understanding of core accounting principles, journals, accruals, reconciliations and month-end processes.
- Confident working with Excel and large data sets, including lookups, pivot tables and structured working files.
- Organised and able to manage recurring deadlines, follow defined processes and maintain high-quality supporting documentation.
- Clear communicator who can work with finance and non-finance stakeholders, ask the right questions and escalate issues appropriately.
- Curiosity and willingness to learn capital accounting, project accounting, systems and controls in a complex Group environment.
Desirable
- Experience in capital accounting, fixed assets, project accounting, management accounting or financial control.
- Exposure to SAP, OneStream, Planview or similar ERP / planning / project management systems.
- Experience supporting audit requests, balance sheet reconciliations or finance process documentation.
- Understanding of capex versus opex principles, internally generated intangible assets, timesheeting and project cost allocation.
- Experience in a matrix or international organisation.
We Are RS
At RS, we are making amazing happen for a better world.
As a global product and service solutions provider, we help industrial customers operate more efficiently and sustainably. Operating in 33 markets, we support around one million customers worldwide with more than 875,000 stocked products, access to over five million additional products, and a range of service solutions designed to help businesses thrive.
What sets us apart is our people. More than 8,500 colleagues around the world bring technical expertise, digital innovation, and a customer first mindset to everything we do. Guided by our values – We are one team, We deliver brilliantly, We do the right thing, and We make every day better, we're creating an environment where our people can grow, contribute and make a meaningful impact.
Join us and help make amazing happen.
Rewards
Our Reward Strategy Philosophy is designed to offer market competitive base salaries and provide all of our people the opportunity to participate in a short-term incentive, enabling them to share in the success of the Company.
Our total reward package is more than just the cash; our recognition and benefit offering provide the opportunity for us to recognise, reward and enable the wellbeing of our people at all stages of their journey with RS. Our rewards and benefits vary by country, but include:
- Financial - pension/retirement; life assurance; salary finance (payroll deduction loan scheme)
- Wellbeing - medical plans; health screening; critical illness; disability insurance; holiday / paid time off; employee assistance programme; discounted gym/health club membership
- Lifestyle - transportation assistance schemes (e.g., cycle to work, travel loans, car leasing); onsite catering/lunch vouchers; retail discounts
- Spotlight – our global recognition programme provides a platform to highlight and recognise people role modelling our values
Ready to Make Amazing Happen?
Join over 8,500 colleagues and help us shape the future of our industry. Whoever you are, wherever you are — it all starts here.
Apply now and make RS a part of your journey.
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