The Finance Administrator is responsible for managing the Group's cash flow and long-term asset activities, ensuring effective cash management, accurate financial reporting and robust financial controls.
The role supports the financial stability of the business through the management of liquidity, banking relationships, financial operations related to treasury, and accounting for capital assets. Working closely with colleagues across Finance and external partners, the postholder will provide high-quality financial information, adhere to internal policies and support statutory reporting and audit requirements.
Treasury Management:
- Monitor daily cash positions and maintain sufficient liquidity to support operational requirements.
- Prepare short, medium and long term forecasts of cash receipts and payments to support financial planning and decision making.
- Produce treasury reports, forecasts of cash receipts and disbursements, liquidity analysis and debt schedules.
- Support budgeting, forecasting and strategic planning activities.
Banking and Financial Controls:
- Act as the primary contact for banking partnerships and treasury service providers.
- Handle bank account administration, including account maintenance, signatory controls and compliance requirements.
- Review banking covenants, ensuring ongoing compliance and timely reporting.
- Support the negotiation and administration of banking facilities and treasury services.
- Ensure treasury activities operate in accordance with internal controls, policies and regulatory requirements.
Treasury Operations:
- Handle daily treasury activities, including payments, collections and bank reconciliations.
- Support foreign currency payment processes, ensuring transactions are completed accurately and on time.
- Complete bank account verification and due diligence checks to support fraud prevention and payment controls.
- Seek opportunities to improve treasury processes, systems and automation.
Fixed Asset Accounting:
- Maintain accurate and up to date fixed asset records.
- Process asset additions, transfers and disposals.
- Calculate, review and post depreciation charges.
- Prepare fixed asset journals and related accounting entries.
- Complete monthly fixed asset and balance sheet reconciliations.
- Ensure compliance with accounting standards and internal fixed asset policies.
Financial Reporting and Audit Support:
- Contribute to half year and year-end financial reporting processes.
- Prepare treasury and fixed asset schedules, reconciliations and supporting documentation.
- Support internal and external audits by providing accurate and timely financial information.
- Work collaboratively with Accounting, Accounts Payable, Accounts Receivable and Financial Planning teams to ensure accurate reporting and financial control.
Essential:
- Experience gained through roles in cash management, financial operations, bookkeeping, or associated financial activities.
- Strong understanding of cash management, treasury operations and financial controls.
- Experience preparing financial reports, reconciliations and cash flow forecasts.
- Excellent analytical and problem-solving skills.
- Advanced Microsoft Excel skills, including financial analysis and reporting.
- Strong attention to detail and dedication to accuracy.
- Ability to manage competing priorities and meet deadlines.
- Excellent communication and stakeholder leadership skills.
- Ability to work independently whilst building effective relationships across the business.
Desirable:
- Experience managing banking relationships and treasury facilities.
- Knowledge of foreign currency transactions and foreign exchange markets.
- Experience supporting external audits and statutory reporting.
- Experience with fixed asset accounting and depreciation processes.
- Understanding of financial systems, process improvement and automation.
Qualifications and Experience
Essential:
- Proven experience in treasury, finance, accounting or financial operations.
- Demonstrated experience in financial reporting, reconciliations and financial controls.
Jersey Electricity provides excellent benefits, catered towards financial, physical and mental wellbeing. Starting with private medical insurance, discounted electricity rates, discounts within our Powerhouse shop, subsidies on EVs, gym memberships, on-site Mental Health First Aiders, organised sports and activities groups.
We offer competitive salaries combined with an attractive pension. We are family-friendly and strive to give you a life work blend to both love your job, do excellent work and spend important time with your family and friends. We are an equal-opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, gender, sexual orientation, age or disability status.
Jersey Electricity’s purpose is to ‘enable life’s essentials’ by providing the people of Jersey with secure, reliable, affordable, and sustainable electricity today and long into the future.
Jersey Electricity’s Vision:
Jersey Electricity’s vision is to “inspire a Zero-Carbon future” by being the energy partner of choice whilst working to six strategy pillars of that vision:
JE 6 strategic pillars:
1. Digital Enhancement and Innovation – over the next 3 years JE will continue to develop robust and scalable digital platforms, seeking innovation in smart enabled technology and to, where appropriate, commercialise its innovation.
2. Customer –to increase JE’s customer experience maturity, to better understand customers’ existing and future needs and wants, as well as provide exceptional service around its offers.
3. Energy Sourcing and Supply – prepare for a new supply contract, considering transitional requirements, to reduce cost and market risks for customers as well as considering the future role of offshore wind in the energy mix.
4. Future Proof the JE Business Model – continue delivering good operational performance across all businesses within the Group. Ensuring JE delivers infrastructure requirements for today, and in readiness for the future, whilst creating resource capability and capacity for CNR delivery.
5. Island-wide Electrification and Decarbonization – continue to develop new products in heat and mobility which support the CNR, customers in energy efficiency and facilitate the development of solar and offshore wind propositions with the Government of Jersey.
6. Great Employer – continue to recruit and develop talent, improve JE climate and engagement in becoming the employer of choice in and beyond Jersey.
We are an engaged and focused workforce, committed to ensuring we “keep the lights on” across the island and explore new ways of providing energy and related services to islanders. Working at Jersey Electricity means you are part of an inclusive team of nearly 400 diverse employees across a number of business sectors from the distribution of energy to Retail and Commercial services.
We have made a positive commitment to employing disabled people. Reasonable adjustments will be made to the recruitment procedure as required in consultation with the applicant to ensure no-one is disadvantaged because of their disability. All disabled applicants who meet the minimum criteria for the role as set out in the role profile will be guaranteed an interview.
Whatever your role with us, you will find the support you need to develop in a long-term career and work with many long-serving employees to help us achieve our vision.
Being an employee of Jersey Electricity, you will:
- Share in the success of ground-breaking projects to electrify the island;
- Be part of a highly skilled and developing workforce;
- Participate in company-wide wellbeing initiatives;
- Develop both professionally and personally in a supportive environment;
- Benefit from a competitive rewards and compensation package;
- Help us develop our engaged, diverse and innovative workforce;
What our employees say:
“The employees, and the support from colleagues who I work with on a day to day basis, are helpful and friendly making it an attractive place to work”
“Great team with a manager who understands outside life and flexibility when needed”
“Real sense of purpose to enable life's essentials in Jersey - and real ability to make a difference to support a low carbon world”
“I think JE is a great place to work with fantastic people, variety of career opportunities , lots of challenges and great values”
“It’s a really good company to work for, highly recommended to anyone to join Jersey Electricity”
“It's a great team with some really kind people who will often go the extra mile. Also great to work somewhere that is so crucial to island life and knowing that if we do our jobs well it benefits everyone”
