Financial Accountant
3 weeks ago
Job Title: Financial Accountant
Location: Portsmouth, Plymouth, or Bristol with Hybrid Working Arrangements
Compensation: Up to £45,000 (dependent on experience) + Benefits
Role Type: Full-time / Permanent
Role ID: SF
Babcock International Group is a leading provider of complex products and services for defence, aerospace, and other high-value markets. We are seeking a highly skilled Financial Accountant to join our team in Portsmouth.
The Role:
As a Financial Accountant, you will play a critical role in supporting the standardisation of central finance processes across our UK business. You will work closely with the Finance Manager (Fixed and Lease Assets) to ensure the application of best practice, standardisation, and effective controls in all aspects of Fixed and Lease Assets.
Key Responsibilities:
- Working with Babcock sectors in Fixed and Lease Asset budgeting, forecasting, and reporting to ensure compliance with company, statutory, and audit requirements.
- Supporting the development of consistent policies for accounting for Fixed and Lease Assets across Babcock Group, implementing best practice and standardisation.
- Supporting the Finance Manager (Fixed and Lease Assets) in playing a coordination and support role with colleagues in France, Canada, and Australia relating to aircraft assets as required.
- Administration of the Group's IFRS 16 BPC tool and associated accounting and the supporting the eventual interface to ERP systems.
- Management of fixed and leased asset registers to ensure correct accounting treatment of additions, disposal, and depreciation policy, completeness, valuation, and impairment.
Requirements:
- Demonstratable experience of working within a Finance function, ideally in a complex international business environment.
- Experience of reviewing and improving finance processes with a fresh perspective beneficial.
- Commercial awareness with a good understanding of the business environment, including customers, competitors, etc.
- Experience with Finance IT applications (e.g., SAP, NAV, IFS, etc.), as well as Microsoft Office suite of applications, including Excel, PowerPoint, Word, Visio, and Outlook.
- Ideally, possess working knowledge of Fixed and Lease accounting and/or IFRS 16.
Qualifications:
- You must hold or be working towards a recognised accounting qualification (ACCA, ACA, ACMA, CIMA, ICAEW, ICAS, AAT) or equivalent/similar.
Security Clearance:
The successful candidate must be able to achieve and maintain Security Check (SC) security clearance for this role.
What We Offer:
- Generous holiday allowance
- Matched contribution pension scheme, with life assurance
- Employee share scheme
- Employee shopping savings portal
- Payment of Professional Fees
- Reservists in the armed forces receive 10-days special paid leave
- Holiday Trading is a benefit that allows the majority of employees to buy additional leave or to sell up to one working week of annual leave from their annual entitlement
- 'Be Kind Day' enables employees to take one working day's paid leave a year (or equivalent hours) to undertake volunteering work with their chosen organisation or registered charity
- Flexible working – we give people more options to better integrate their work and personal life, whilst ensuring that business needs are met.
- Autonomy to perform the role.
- Excellent development opportunities and benefits package, including an employee assistance programme supporting physical, mental, and financial wellbeing.
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