SENIOR FINANCIAL ACCOUNTANT

ScotRail
Posted

  • Contact: Human Resources
  • Reference: 5620

MANAGER

SENIOR FINANCIAL ACCOUNTANT

LOCATION: ATRIUM COURT, 50 WATERLOO STREET, GLASGOW G2 6HQ

here's never been a more exciting time to join the railway. We're going through the biggest upgrade to our network since the Victorian Times, while running over 2,400 services every single day covering 351 stations. As the 5th largest company in Scotland and nearly 5,300 employees, with us you can develop a career. We are looking for people who are focused on our customers. We want people that are looking for more than a just a job; we want people who are committed to giving Scotland the very best railway it has ever had.

THE ROLE: Responsible for all financial, control and technical accounting matters, leading on the periodic and statutory reporting and all compliance matters.

KEY ACCOUNTABILITIES:

Management of the accurate and timely production of financial returns required for financial reporting, including statutory reporting, internal reporting, reporting to partners/Group/other stakeholders.

Lead the period end reporting process which is provided to the Executive Team and Group via the period end report, reviewing analysis performed by the Financial Accountants.

Manage the integrity of the Ledger, reviewing comprehensive reconciliations and appropriate controls, hierarchy changes and delegated authorities, working with system accountants and Shared Service Centre as required.

Review journals posted to the Ledger by Financial Accountants.

Management of the Group reporting system (CPM), reviewing comprehensive reconciliations and appropriate controls, ensuring the system is updated as per Group deadlines.

Liaising with Group to drive efficiencies and consistency across the Group, including use of the CPM system as well as overall accounting policies/practices.

Manage the coordination of the statutory year end and group year-end process, ensuring delivery to various stakeholder deadlines and compliance with business planning.

Lead the relationship with External Auditors, through timetable coordination, planning and provision of information.

Manage the budgeting and forecasting process for the balance sheet, collating analysis performed by junior team members and the FP&A team.

Perform the budgets and forecasts for capital, cashflows and ratios, pulling together the detailed analysis performed by junior team members.

Manage the delivery of P11Ds, PSAs, VAT and Corporation tax returns ensuring delivery to applicable timescales, leading the relationship with third party service providers and the Shared Service Centre as required.

Manage the Capitalisation policy ensuring process efficiencies are implemented, reviewing the asset register to ensure it is maintained on a periodic basis and working directly with the PMO team to embed required processes.

Lead Transport Scotland Franchise Agreement compliance, being the key contact for Transport Scotland.

Manage the cash flow and ratio compliance process and controls, reviewing analysis performed by junior team members.

Lead on a Business Partnering approach, in conjunction with the FP&A team, to perform strategic review projects across the business to drive efficiencies to improve financial returns.

Manage the team's commercial work programme by identifying, designing, developing and implementing process, technology and business change improvements.

Lead the creation, update and approval of procedures, work instructions, and documented controls that deliver financial and process benefits.

Review and develop accounting policies which best reflect the ScotRail position as well as align to latest guidance and adhere to Group policies, distributing any updates/changes required to the team.

Lead the relationship with the Group Head of Financial Accounting on technical accounting issues.

Develop a process where Scotrail is proactively consulted with on technical accounting issues and complex business transactions, liaising with other specialist external advisors as relevant.

Develop and provide technical advice and training to ensure staff can fully utilise their potential, including setting the CPD plan for the team annually.

Build strong working relationships across all functions including identifying and leading on any training/guidance which could be cascaded out to the wider business.

Manage the Scotrail Finance team's risk register, including updating periodically the risks and proposing mitigating actions.

Identify control weaknesses, recommending control procedures to reduce risk and develop procedures to improve efficiency and effectiveness.

Coach, advise and challenge thinking to deliver a compliant and professional service that fits operating plans and processes.

Develop team members and direct reports to maximise their potential.

Build and maintain strong relationships with stakeholders.

THE PERSON: ESSENTIAL

Qualified Accountant (ACA/ICAS/ACCA)

University degree

Previous experience managing and delivering a high performing team

Driven to drive efficiencies with a commercial focus

DESIRABLE

Previous experience in an accounting firm, i.e. audit role

4 + years post qualification experience

Open accounts accounting software experience.

Open accounts accounting software experience

KNOWLEDGE/SKILLS: ESSENTIAL

Excellent communication skills, both verbal and written

IT literate with high level of proficiency in Microsoft Excel, Powerpoint, etc.

Strong technical ability (IFRS, VAT, Payroll, etc.)

Strong leadership and delegation skills

Logical and methodical approach to the role

ADDITIONAL INFORMATION: Post covers 35 hours per week, however flexibility will be required. Reference Salary will be £53 - £55k per annum.

ScotRail is a strong promotor of diversity in rail and particularly welcomes applicants from members of minority groups

Benefits include contributory final salary pension scheme, free and reduced rail travel for you and your family, where applicable.

Selection process: Selected candidates will be invited to attend an interview. The final stage for successful candidates will be a medical questionnaire. Appointees must submit at least two satisfactory references, Disclosure Scotland clearance and complete a six month probation period. Training initially involves a three day Induction training programme including first aid and fire safety.

See more jobs like these