Finance Assistant

Line Up Aviation; Carterton; On-site; GBP 52,349,000 - 57,859,000; Full time

Job summary

Line Up Aviation seeks a Finance Assistant to support the Financial Controller in transacting, analysing operational costs and completing payroll accounting support, billing and treasury tasks. The role requires strong Excel skills and familiarity with accruals and cost allocation.

Based at Brize Norton, you will work on an 8-month contract, 35 hours per week, with a pay rate of £32 per hour via Umbrella, and inside IR35.

Qualifications

• Level 3 qualification in Finance, Accounting, Business, Economics or related discipline, or equivalent experience.
• AAT Level 3 or equivalent is desirable.
• GCSE Maths and English at Grade C/4 or above, or equivalent.
• Strong Excel skills to analyse and manipulate financial data.
• Understanding of accruals, journals, cost allocation, revenue and variances.
• Experience in finance, accounting, cost control or financial analysis environment.

Responsibilities

• Maintain forecast for cost, revenue and cash for the business/entity.
• Collaborate with operations to forecast resource plans and costs.
• Record and evaluate risks or opportunities.
• Assist in regular operating plan and financial controller processes.
• Act as liaison for managers to understand and control costs.
• Input and advise on external costs and internal resources.
• Coordinate with procurement on open commitments and cost recognition.
• Support financial performance reporting with analysis.
• Track costs and revenue allocations and explain variances.
• Produce analytics for local operational management.
• Present to local management and customers.
• Support resource reporting requirements.
• Ensure spend aligns with contracts and single sourcing.
• Provide ad hoc reporting for MOD and UK Government agencies.
• Coordinate end-of-month postings and accruals with TFEU teams.
• Support invoicing processes to internal and external customers.

Skills

Finance background

Excel

Accruals

Journals

Variance analysis

Cost allocation

Operational costing

Education

Level 3 qualification in Finance/Accounting/Business

AAT Level 3 (desirable)

GCSE Maths and English grade C/4+

Tools

None

Job description

On behalf of our client, we are seeking to recruit a Finance Assistant on an initial 8 -month contract. The Finance Assistant you will support the Financial controller in transacting, understanding and analysing operational cost, along with completing support tasks for the subsidiary; including support to payroll accounting, billing processes, treasury processes, accruals and allocation of costs.

Role: Finance Assistant

Pay: £32 per hour Via Umbrella

Location: Brize Norton

Contract: Monday - Friday 35 hours per week, 8 months

IR35 Status: Inside

Security Clearance: BPSS

Responsibilities

• Maintain cost, revenue and cash forecast for the entire business entity/business function
• Work with operational teams to forecast resource plans and cost impact
• Help record and evaluate risks or opportunities
• Assist in regular OP and FC process
• Act as a liaison for managers in understanding and controlling operational costs
• Input and advise on external costs and internal resources
• Liaison with procurement team to ensure correct evaluation of open commitment and timely recognition of cost
• Provide analysis and support to financial performance reporting
• Track actual costs and revenue allocation - understand, review and be able to instruct journals and posting to the back office team to ensure accurate booking of cost, allocations and revenues. Be able to explain variances.
• Produce meaningful analytics to support local operational management
• Present to local management and Military Services programme customers independently
• Assist with single resource reporting requirements
• Ensure operational spend is in line with contractual and single sourcing roles
• Ad-hoc reporting for MOD and other UK Government agencies
• Work closely with TFEU teams to coordinate end of month closing activities such as periodic postings, accruals, sales reserves
• To provide support the invoicing process to internal and external customers

Essential Skills:

• Level 3 qualification in Finance, Accounting, Business, Economics or a related discipline, or equivalent relevant experience.
• AAT Level 3 or equivalent accounting qualification is desirable.
• GCSE Maths and English at Grade C/4 or above, or equivalent.
• Strong Microsoft Excel skills with the ability to analyse and manipulate financial data.
• Sound understanding of fundamental accounting principles, including accruals, journals, cost allocation, revenue, reconciliations and variance analysis.
• Previous experience within a finance, accounting, cost control or financial analysis environment.