Financial Accountant (Fixed Term Contract)

Recruiter
UK Power Networks (Operations) Ltd
Location
Crawley, West Sussex
Salary
£35000 - £45000/annum Plus benefits and Bonus
Posted
08 Jul 2017
Closes
07 Aug 2017
Sector
Accountancy
Contract Type
Contract
Hours
Full Time
Financial Accountant
Reporting to - Finance Manager
Location - Crawley
Department - Finance
Reference Number - 32256
Employment Period - Fixed Term Contract (12months)
Contract Type - Personal
Salary Range - £35,000 to £45,000 per year (Depending on experience / Pro Rata )
Closing Date
20/07/2017

UK Power Networks is Britain’s largest power network, responsible for delivering electricity to 7.8 million homes and businesses in London, the South East and the East of England.
We are a distribution company which operates and maintains the networks that deliver power, using 170,000 kilometres of underground cables and overhead lines, and more than 130,000 substations. We serve an area of 29,165 square kilometres, from The Wash in the East to the River Arun on the South Coast.
UK Power Networks is owned by the Cheung Kong group (CKI), which has extensive experience of operating regulated infrastructure operations around the world. The group already operates electricity distribution businesses in Hong Kong, Australia and New Zealand, and has been recognised as having leading customer service and health and safety systems. In the UK it has stakes in Cambridge Water, Southern Water and Northern Gas Networks.
Our people are central to our business and we recognise the need to be able to attract, recruit and retain high performing employees with the potential, skills and experience necessary for the continued growth of our organisation.
Job Purpose:

To ensure key financial controls operate effectively and consistently across the Group. To ensure the maintenance of robust balance sheets.

Principle Accountabilities:
Assisting with the implementation and maintenance of effective financial controls across the Group and for ensuring they operate effectively.
Liaison with staff within the business to ensure adherence to policies and procedures and actively look for and implement improvements to processes.
Assisting with the preparation, update and maintenance of policies and procedures applicable to the Group.
Participation in projects designed to test and improve the system of internal controls
Reviewing and approving access requests to SAP.
Reviewing existing access rights to SAP, confirming compliance with the delegated financial authorities, looking for weaknesses in the system of internal control and making recommendations for improvement
Provide support to the statutory and regulatory reporting process including maintaining robust balance sheets and liaising with auditors.
Participation in projects designed to test and improve the system of internal controls.
Liaison with colleagues to ensure that finance risks are adequately managed and reported.
Responsibility for the development, implementation and maintenance of the Financial Authority Limits guidelines for the Group.
Oversee and review all balance sheet reconciliations ensuring that all reconciliations are robust, balances are supported and that all issues are resolved promptly.
Participate in accounting for provisions, interest and any other adjustments necessary to support the month end process.
Review the monthly VAT returns and assist the Tax department in query resolution.
Review the intercompany reconciliation process.
To assist in ensuring alignment of key accounting systems, i.e. SAP, BW/SEM, fixed asset register etc.
Maintain effective communication with colleagues and other parts of the Business, internal and external audit to sustain a high reputation for financial governance.
Nature and Scope:
This position is part of the UK Power Networks Finance team. The post will be based at Crawley although the role may involve visits to other locations.
Knowledge, Skills, Qualifications & Experience:
A finalist or recently qualified accountant is desirable
An understanding of the accounting in a regulatory environment would be of benefit.
Experience in preparation of statutory and regulatory accounts would be an advantage.
Sound knowledge of business processes and financial systems used by the Branch.
Strong IT skills, including SAP and Microsoft Excel & Powerpoint

Key Competencies
Practical, hands on, and results orientated.
Able to analyse and grasp a situation quickly and create well-reasoned solutions.
Offer a high level of commitment.
Work to tight deadlines.
Enthusiastic individual with the ability to work well as part of a team.
Interpersonal skills that establish and maintain excellent relationships and credibility quickly.
Effective communication skills - presents ideas and information in a way in which others are informed.
A good balance of risk-taking and judgement, confident and assertive, open-minded and flexible.

Health & Safety Responsibilities

Managers and supervisors carry both legal and company responsibilities for ensuring the health and safety of their employees, those under their control and those who might be affected by the work undertaken, i.e. public, visitors and employees of other organisations. This includes briefing individuals working for them and ensuring there is the necessary understanding, competence and application of requirements to work safely and without harming the environment.

Employees are responsible for ensuring they fully understand the health and safety risks involved in their work activities and their responsibility to apply the controls needed to manage those risks to acceptable levels. Similarly where work activities can have an adverse impact upon the environment, and particularly where there are legal requirements, employees are responsible for understanding those impacts and the controls they must ensure are applied.

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