Management Accountant (Treasury)

Associated British Ports; Hull and East Yorkshire; On-site; GBP 50,000 - 70,000; Full time

Benefits offered by this job

Employer pension

Private health insurance

Generous remuneration package

Job summary

Associated British Ports (ABP) is seeking a Management Accountant - Treasury for a 12-month maternity cover. The role delivers management accounting for group financing activities, reconciles treasury transactions, and prepares financial disclosures with auditors.

You will work with the Treasury Operations Manager to ensure accurate reporting and support annual statutory returns, tax postings, and board reporting sections on balance sheet and cashflow.

Qualifications

• Qualified accountant with strong technical capability.

Responsibilities

• Liaise with Treasury Operations Manager to ensure accurate confirmation and accounting of all treasury transactions.
• Review and post derivative valuations and SAP to treasury system reconciliations.
• Produce monthly management accounts and annual statutory accounting returns for Financing Companies.
• Review intercompany balances and posting of fair value consolidation adjustments.
• Prepare half-year and year-end tax journals and treasury disclosures for audits.

Skills

Treasury accounting

Management accounting

Financial analysis

Intercompany reconciliation

Balance sheet review

Education

Qualified accountant (ACCA/CIMA)

Tools

Treasury management system

SAP

Job description

We’re the UK's largest ports operator with a network of 19 ports around Britain. We handle around one quarter of the UK's seaborne trade and contribute £7.5 billion to our economy every year.

It’s a story we’re proud of but it doesn’t end there.We’re transforming our business and embracing the future.

We offer a vast range of roles spanning the UK, all rooted in a culture that welcomes diversity, fosters talent, encourages internal movement and progression, and places safety as our number one priority.

The Role: Management Accountant - Treasury (12 month maternity cover)

Purpose:

To provide a management accounting service for the Group Financing Companies and Treasury related activities, with indirect accountability towards ABP turnover of £542 million revenue and £291 million EBITDA.

Accountabilities:

• Liaise with Treasury Operations Manager to ensure the accurate and timely confirmation, documentation and accounting of all treasury transactions (investments, debt, swaps and FX).
• Review and post derivative valuations and SAP to treasury system reconciliations.
• Production of monthly management accounts and annual statutory accounting returns for the Financing Companies in line with agreed time frames
• Review of intercompany balances to ensure there are no imbalances. Calculation and posting of the fair value consolidation adjustments for PPE.
• Liaison with Taxation Manager to obtain and subsequent posting of monthly tax charges.
• Monthly production of the sections of the Board Report relating to Balance Sheet, Cashflow and Capital Expenditure in line with the agreed timetable.
• Calculation, review and posting of half-year and year-end intercompany eliminations at all consolidation levels.
• Preparation and posting of half-year and year-end tax journals.
• Prepare all half-year and year-end treasury disclosures for the statutory reporting processes and all year-end treasury matters with auditors.
• Calculation, review and posting of half-year and year-end intercompany eliminations at all consolidation levels.
• Preparation and posting of half-year and year-end tax journals.
• Prepare all half-year and year-end treasury disclosures for the statutory reporting processes and all year-end treasury matters with auditors.

About you:

A qualified accountant with strong technical capability, you will be a real team player, someone who is keen to get stuck in to this exciting and fast-paced industry. By nature, you will be proactive, able to work independently and be focussed on performance, accuracy and ability to identify and operate in a continuous improvement environment.

Experience

• Results focussed attitude and the ability to manage their own time to ensure that deadlines are met while maintaining the necessary quality of output.
• Experience of the preparation of management reports to provide useful management information and commentary.
• Ability to solve problems with pragmatic solutions.
• An understanding of simple derivative financial instruments and accounting for them.
• Experience of the review and analysis of complex balance sheets and cash flow statements and an understanding of the drivers of the variances.
• An understanding of capital expenditure reporting and the key drivers of the variances
• An understanding of consolidation adjustments, how they arise and what their impact is.
• Project management skills and the ability to deliver on time and to budget
• Able to demonstrate a detailed understanding of how to value financial instruments and derivatives and the balance sheet impact and accounting
• Experience of using a treasury management system

Want to see what it’s like to work for the UK’s largest port operator? Our virtual work experience programme gives you an inside look at trade, sustainability, safety, and careers in one of the UK’s most vital indutries- https://www.talentxp.co.uk/track/e2e029cd

Additional Information:

• When joining ABP you will find an environment that is both welcoming and challenging. We reward our employees well and offer a generous remuneration package, employer pension, private health insurance and a range of other benefits.

Please note that ABP undertake random screening for substance abuse and operate a zero-tolerance policy. A medical will be required before starting this position also.

We are an equal opportunities employer and we welcome applications from all suitably qualified persons regardless of their background, which helps us to provide a diverse and inclusive working environment.