We have an exciting opportunity for a permanent, full-time SPV Financial Accountant to join our team. The role is 40 hours per week, Monday to Friday. The role is predominantly home based, but you will be required to attend the Tewkesbury office as and when required. There may also be occasional travel to the locations of projects and London for shareholder meetings.
The Accountant will administer and manage the financial and investment aspects for assigned areas of the business. The job holder is responsible for ensuring that the financial management functions are carried out effectively and in accordance with company policies and procedures
As SPV Financial Accountant, your responsibilities will include:
SPV Finance provides a financial accounting, investment and reporting service to a range of clients in the PFI/PPP sector, for agreed fees under Management Service Agreements. SPV accounting involves low volume but high value, contractually complex transactions. It is imperative to be compliant with the requirements of those contracts and shareholder agreements. The team is responsible for delivery of quality financial reports for a number of boards and stakeholders, satisfying their reporting and investment requirements to strict deadlines. This role requires a flexible individual, with broad accounting knowledge and experience, attention to detail and a willingness to learn new areas of accounting.
Financial Management
Providing financial management ensuring appropriate systems, process and controls are in place.
Production of quarterly management accounts in Excel using Sage data, including review of accruals, prepayments, income accruals and deferrals, contract debtor amortisation, turnover reconciliations, corp tax calcs and deferred tax calcs and providing commentary on variances.
Review and approve monthly bank reconciliations, quarterly VAT returns and annual corporation tax returns.
Ensure appropriate cash funding of all bank accounts held
Update financial models on a 6 monthly basis for use as a forecasting and budgeting tool – including reviewing economic assumptions and cash/variance analysis and submit to lenders for approval with commentary on movements on cover ratios and distributions.
Review monthly cash forecasts and suggested supplier payment runs.
Complete Annual Statutory Accounts in IRIS for audit and manage audit process to ensure accounts filing deadlines are met (including all balance sheet reconciliations, tax calculations, provisions and financial notes to the accounts)
Delivering reports to meet internal and client requirements and deadlines.
Providing sound financial advice for the investors to contribute to the business strategy.
Input to the continual review and improvement across all aspects of financial management.
As required, involvement in ad hoc duties not limited to variation project work, insurance renewals, financial reports/recommendations for the shareholders.
Commercial Management
Supporting contractual compliance on all contracts.
Support good, effective working relations with client and key stakeholders (both internal and external) across the business.
Key Competencies
Simplifying the Complex
Working Collaboratively
Engaging and Inspiring People
Essential Skills and Knowledge
Professional Accountancy qualification
(CIMA/ACCA/ACA)
Experience in production of Statutory Accounts
Technical accounting knowledge & experience including FRS102
Good attention to detail
Experience of management accounts and commercial structures
Excellent planning and time management skills
Ability to establish and maintain effective working relationships
Desirable Skills and Knowledge
Post qualifying experience
A high standard of written and presentational skills
A resilient team player with drive and enthusiasm
Sage Line 50, IRIS programme experience
Good Excel skills
In return, we offer 5 weeks annual leave plus bank holidays, flexible holiday scheme, company car or car allowance, contribution company pension and Life Assurance Scheme, recognition awards, training programmes and study support, employee discount scheme, Employee Assistance Programme, matched fundraising programme.
The successful candidate will be required to provide original documentation for detailed screening and vetting processes. These documents may include your passport, driver’s license, utility bill (dated in the last 3 months), HMRC letter, original bank statements, an original payslip, your birth certificate, or a valid share code.
We are committed to creating a diverse and inclusive environment where all employees feel respected and able to give their best and is proud to be an equal opportunity and Disability Confident employer.
We welcome the unique contributions that you can bring in terms of age, ethnicity, race, sex, gender identity and expression, nation of origin, religion, disability, sexual orientation and beliefs. If you require any reasonable adjustments during the hiring process, please do not hesitate to contact us. If this opportunity is of interest, then we want to hear from you. Please click the “Apply Now” button to submit your formal application.
Candidate Source Ltd is an advertising agency. Once you have submitted your application it will be passed to the third party Recruiter who is responsible for processing your application. This will include holding and sharing your personal data, our legal basis for this is legitimate interest subject to your declared interest in a job. Our privacy policy can be found on our website and we can be contacted to confirm who your application has been forwarded to