Operations Accountant - Coventry

Balfour Beatty; Coventry; Hybrid; GBP 35,000 - 65,000; Full time

Job description

About the role

Our work matters to millions. It’ll matter to you too.

Join our Living Places team as a Operations Accountant supporting the Northamptonshire & Coventry Street Lighting contracts and you’ll be a big part of fascinating, complex, varied and meaningful work!

As Operations Accountant you will be responsible for all aspects of management reporting and financial control, contributing to the overall strategy and performance of the contract to meet agreed business and service objectives.

The role can be based from either Coventry or Wellingborough office however travel will be required between the 2 offices.

What you'll be doing

Key Accountabilities:

• To act as a Business Partner to the appointed contracts.
• Work with operational management on the preparation and delivery of business plans, budgets and quarterly forecasts.
• To implement and own a robust contract forecasting process.
• Ensure compliance with statutory and company procedures.
• Monitor financial & non-financial KPI’s focusing on contractual profitability issues, commercial risks, working capital and related cash flows.
• Work with operational management on cost control and monitoring and control of overheads.
• Provide financial evaluation for all contract initiatives and commercial changes.
• Operate the company’s risk framework to identify and manage the required outcome of potential risks and opportunities.
• Establish good working relationships with other team members and contribute to overall team objectives.

Key Responsibilities:

• Prepare monthly contract performance schedules, including profit & loss, balance sheet and cash flow together with commentary and analysis.
• Responsible for preparation of contract quarterly forecasts, annual budget and three year plan.
• To proactively support and influence contract management.
• Preparation and monitoring of Contract Improvement Plans (CIPs).
• To understand and report on contract risks and opportunities.
• To review and monitor WIP (External work) and produce month end WIP/Overmeasure balances (SL PFI).
• Preparation and reporting of activity analysis (service lines, pain/gain, lump sum, fleet utilisation, overtime reports etc).
• Review and control of contract stock.
• Ensure Contract reporting and recognition of Value in line with PFI Bid/Sale model.
• To safeguard the assets of the contract and ensure adequate and appropriate controls are in place.

Who we're looking for

Skills Required:

Essential

• Recognised Accountancy Qualification (CIMA/ACCA).
• Good financial & commercial acumen with knowledge of budgetary control, profit & loss accounts and financial reporting.
• Prepared to challenge assumptions to ensure complete and accurate reporting.
• Knowledge and experience of risk management.
• Ability to analyse complex data with accuracy.
• Strong IT skills and knowledge of MS Office, Excel, Word etc.
• Good communicator and strong inter-personal skills.

Desirable

• Oracle experience.
• Experience of PFI Contracts and/or long term Fixed Price contracts.

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 Living Places works in long-term partnerships with local authorities to create great places to live, work and play. We actively engage with local people to understand the needs of the communities we work in and shape the places where local economies can thrive and grow. As a leader in sustainable working, diversity, and social value, we use our expertise to bring real, positive change for our customers.

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 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.

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.

For further information, and to apply, please visit our website via the “Apply” button below.