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Financial Accountant - 16 month Fixed Term Contract - £50,000 per year + Benefits - London (Hybrid) 2 days in the office
FryerMiles are delighted to be working with a global petroleum company to assist with their recruitment of a Financial Accountant to join their team on a 16 month fixed term contract based from their Central London offices.
The successful candidates will be responsible for a wide range of duties and gain exposure to a variety of issues and tasks, including extensive interaction with the wider business. This role suits a driven and hardworking individual who would enjoy working in a fast paced growth environment and is ready to provide their expertise and support for the growing demands and pressures on the Finance function.
Responsibilities include but not limited to:
Banking and Treasury
- Prepare and send a weekly treasury report to senior management, including a cash position waterfall with detailed analysis of weekly movements
- Management of deposit accounts to increase interest profit
- Manage interest rate and foreign exchange risk
Monthly Financial Close
- Manage day-to-day functioning of accounts payable in London, covering two entities
- Maintain group weekly spend and Accounts Payable report and graph
- Ensure FX rates in the accounting system are entered timely and up-to-date
Budgeting and Forecasting
- Assist with the analysis of monthly direct costs review (budget vs actuals) and weekly cash flows as required
- Update budget vs actuals forecasts (monthly) and send out to HoD for review
- Arrange and manage quarterly meetings with HoD to discuss month end accruals as well as past and future spend
- Assist with preparation of G&A budgets and reforecasts as and when required
External Reporting
- Assist with audit queries during half year, year end, JV audit etc
Taxation
- Prepare and submit quarterly VAT returns
- PSA calculations and submission
- P11D calculations and submission
Other
- Ensure accounts payable practices are consistent across the geographical locations
- Identify and lead change to improve existing processes and controls
- First point of contact with AP general related queries and resolving issues (both externally and internally)
Qualifications and Experience:
- ACCA or studying towards
- Finance or Accounting Degree is desirable
- Upstream oil and gas operating company experience is desirable
- Previous experience of managing accounts payable processes
- Experience of deposits and cash management/planning
- Experience in dealing with banks, opening new bank accounts
Financial Accountant - 16 month Fixed Term Contract - £50,000 per year + Benefits - London (Hybrid) 2 days in the office
