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JOB ROLE: Financial Reporting Accountant
REPORTING TO: Financial Controller
DURATION: Permanent
SALARY: £60,000 - £65,000
This role will be reporting directly into the Group Financial Controller.
The Financial Reporting Accountant is a newly created role providing an exceptional opportunity for a driven individual to play an integral part of the Finance team of a dynamic, fast-paced and rapidly growing group.
The Company:
Our client is a multi-national owner and operator of a growing fleet of product and chemical tankers, headquartered in the UK. The company runs a fleet of tankers focusing on the clean petroleum products trade across Europe and the Middle East, as well as a number of tankers trading in the international markets.
Due to rapid expansion, they are seeking a bright and spirited Financial Reporting Accountant from a top 10 practice, who has the capacity to grow with the company.
Responsibilities:
Projects
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Preparing financial models for new projects and investments to assist the CFO & CEO in making strategic decisions;
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Assist the Group Financial Controller in performing financial due diligence on new investments And Ad-hoc projects and other tasks as advised by the Group Financial Controller.
Risk
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Monitoring our derivatives exposure (FFAs, options, FX contracts and interest rate swaps) and assisting the CFO in hedging our open positions;
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Documenting group financial risks and controls and updating our risk register;
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Documenting processes and controls for new sub-divisions;
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Monitoring shipping market financial data.
Reporting
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Responsible for the group consolidation of approx. 100 legal entities, including authorising and processing consolidation journals;
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Preparing a quarterly board reporting pack and monthly management accounts for key business groups, including commentary on performance and KPIs for senior management review;
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Preparation and monitoring of cash flow forecasts and budgets, including providing analysis and explanations for unexpected variances;
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Preparation of annual group financial statements reporting under IFRS;
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Reviewing loan agreements and monitoring financial covenants to ensure compliance;
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Preparation of accounting memoranda for complex transactions, including the accounting
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implications under IFRS; and Dealing with external auditors, ensuring that documentation and information is provided in a timely manner.
Key skills/attributes required:
Essential
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Newly qualified or up to 2 years post qualified ACA or equivalent;
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Strong technical accounting skills including knowledge of reporting under IFRS;
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Demonstrates willingness to take ownership and accountability;
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Strong interpersonal skills with good written and oral communication;
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Excellent analytical skills with strong attention to detail;
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Self-motivated with a proactive approach to finding solutions;
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Ability to prioritise workloads to meet deadlines;
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Good organisation skills, systematic and process driven;
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Advanced Excel and data analytics skills; and
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Proficiency with other Microsoft Office applications including, Word, PowerPoint and Outlook.
Desirable
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Shipping background preferred but not essential
Experience:
The ideal candidate will have a minimum of three years’ experience working in an accounting function within the shipping industry.
IT Packages:
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Excel
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Word
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Microsoft Outlook
Competencies:
Partnership and Team working
Ability to adapt to changing demands in the workplace
Benefits:
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Annual Discretionary Bonus
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Company Pension: Company will match the employee contribution at 3%
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Private Healthcare Insurance
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Annual Season Ticket Loan
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Employee Assistance Program: External counselling & advice for personal well-being including 1 on 1 sessions, a helpline and online support