About the role
Amazing infrastructure isn’t the only thing that gets built here. Incredible careers do too. Join Balfour Beatty as an Assistant Accountant in Newcastle upon Tyne and build something to be proud of.
To provide assistance to the Finance and Reporting function in the reporting of performance, preparing financial statements and accounts, budgeting and managing ledgers.
What you'll be doing
- Responsible for month end balance sheet subledger reconciliations and reporting in R12 and Blackline, investigating and resolving reconciling differences.
- Produce monthly reconciliation reports by business region and respond to queries from SBU’s
- Processing of BMC journal entry requests from all CSUK SBU’s accurately and within agreed timelines and approvals.
- Produce and distribute KPI reporting on journal volumes
- Distribute monthly journal logs and obtain review approval from FD’s
- Maintain and continually look to improve standard journal template and controls.
- Complete project sets in R12, liaising with SBU’s and site support as required to ensure right first time project creation
- Maintain new Project Organisations in R12
- Calculation and allocation of shared costs across projects and overhead cost centres r="ltr">maintaining an audit trail of the end to end process to support cost recovery on projects.
- Costing of payroll to projects in line with timesheet data and HR data
- Support payroll cost queries from site / client audits
- Produce KPI data and reminder emails on timesheet completion
- dir="ltr">Circulate reporting of potential inconsistencies in employee HR record costing set up and coordinate R12 HR record updates as required with Employee Services
- Produce payroll and costing data reporting by SBU and share securely through Sharepoint
- Day to day management of fixed asset accounting – including additions, disposals and all associated reporting
- Complete monthly recharge of depreciation to projects
- Produce KPI reporting on aged PO accruals and circulate to SBU’s and site support.
- Complete PO write off process in line with agreed parameters.
- Identity issues within SubContract module accounting and liaise with IT to test and correct. Liaise with Subcontract team to resolve aged items and CIS balances.
- Processing and reconciliation of Plant & Fleet revenue journals
- Costing of internal Plant & Fleet costs to projects and overhead cost centres
- Produce analysis where requested by the OpCo
- Risk mitigation
- Providing support to internal and external customers
- Work collaboratively as a member of the AS Team to ensure the flawless execution of the AS strategic and operational objectives for own area of responsibility
- Ensure that you provide exceptional service to internal and external customers
- Ensure areas which could potentially adversely affect the business are expediently highlighted to management
Who we're looking for
The following qualities/experience are desirable:
- Part qualified (AAT)
- Graduate calibre
- Understanding of Financial accounting and compliance systems and related legislation
- Understanding of statutory and regulatory Financial accounting and compliance
requirements across the business function
- Knowledge of best practice thinking in Financial accounting and compliance accounting processes and Shared Services
- Excellent problem solving and analytical skills
- The ability to challenge controls and performance
- Excellent working knowledge of multicurrency ERP system (preferably Oracle).
Intermediate / advanced Ms Excel, Ms Power Point and Ms Word
- Experience of operating in large-scale complex organisations with diverse stakeholder community
- Good understanding of industry and working in a multiple Operating Company environment
- Strong change management experience
- Awareness of the developments in the Financial Reporting Standards (FRS) and the ability to incorporate them into the team’s working practices
Why work for us
Day in, day out, our teams deliver some of the UK’s most ambitious, exciting and meaningful projects; developing, building and maintaining the vital infrastructure that supports national economies and strengthens communities.
Why join us?
As if contributing to and supporting work that makes life better for millions wasn’t rewarding enough, we offer a full range of benefits too. You’ll have the freedom to shape the package that’s right for you and your life. Here are some of our key benefits:
- Smart working, giving you more flexibility such as staggered start and finish times, with up to 40% remote working, where roles allow.
- 25 days paid annual leave (pro rata)
- Family friendly policies which include 28 weeks full pay for maternity/adoption leave and four weeks full pay for paternity/partners leave
- Pension, share incentive plan, volunteering leave, recognition schemes and much more…
About us
Balfour Beatty Group Enabling Functions are Legal, Finance, IT and Procurement, Communications, Health Safety and Environment, HR and Sustainability. Together, they support delivery of our Build to Last strategy whilst improving efficiencies and standardising our approach, systems and processes.
Diversity and inclusion
At Balfour Beatty we believe that diversity and inclusion are essential components of any successful, happy workplace. Through our Value Everyone Diversity and Inclusion Strategy and Action Plan, we are growing our diverse workforce and developing our inclusive culture where everyone is able to thrive and reach their full potential, regardless of their identity or background. To find out how we are making this a reality, visit www.balfourbeatty.com/diversityandinclusion
To help and support us with our desired commitment to create an inclusive culture we are members of WISE, enei, Business Disability Forum and the Association for Black and Minority Ethnic Engineers (AFBE). In 2020, we signed the Audeliss and Involve Open Letter to demonstrate our commitment to taking key long term and sustainable actions on Black Inclusion. Balfour Beatty is also a Gold Award holder in the Ministry of Defence 'Employer Recognition Scheme' and actively encourage applications from Armed Forces personnel, veterans and reservists.
As a Disability Confident Employer, we are committed to working with people who have disabilities and long-term health conditions to remove barriers for them in obtaining employment. We are also committed to offering applicants with a disability an interview if they meet the minimum requirements for the role. For more info, visit: https://disabilityconfident.campaign.gov.uk/
We are looking to continually improve our resourcing process and ensure that it is fair and inclusive for all. If you have any feedback on the process, please share this with us at: [email protected]
Job Reference: BBUK19509
