Assistant Business Accountant

Nottingham, UK
06 Oct 2017
20 Nov 2017
Clearance Level
None / Undisclosed, SC
Job Type
As a FTSE 100 business employing over 34,000 highly skilled and committed staff, Babcock is one of the largest and most successful businesses in the UK.

Rail journeys make up 9% of all UK journeys every year. And it's our Rail business that supports Network Rail and other rail industry customers to provide a safe, reliable and efficient rail network across Great Britain. We are currently the largest plain line track renewals company in the country - and with our partners Alstom and Costain (under the ABC Electrification partnership) we are one of the largest electrification companies too. As a graduate you could play an important part in the work that we do.

Assist in the production of accurate and timely project financial information, ensuring adherence to robust financial controls, supporting the Finance and Project teams, and improving the efficiency of processes and reporting.


  1. Work with the Senior Project Controller and Project Accountant in maintaining and improving processes used to operate and control project financial performance.
  2. Assist in the production of the timely and accurate recording, preparation and presentation of project and overhead financial information.
  3. Ensure correct coding and processing of transactions to enable the accurate recording of all project costs.
  4. Ensure provision of effective financial support to the project teams, ensuring tight control of all revenue transactions.
  5. Management of overhead and project GRNI balances.
  6. Timely, allocation of recharges and central charges where applicable.
  7. Accurate and timely processing of project cost journals.
  8. Ensure that project and overhead housekeeping is maintained, including time sheet management, timely posting of journals etc.
  9. Carry out pre input and post input checks on all documents including providing coding information to accounts payable and project teams to ensure source data is accurately coded.
  10. Work with the project teams and overhead budget owners, to ensure robust analysis of costs, providing in depth analyses where required.
  11. Ensure project and overhead reporting is relevant, reliable and timely to enable appropriate decision-making. Identify and highlight any concerns assisting with corrective actions where appropriate
  12. Provide support to the Senior Project Controller and Project Accountant to meet the monthly reporting process
  13. Provide support to the Senior Project Controller during the annual budget process
  14. Carry out relevant intercompany matching requirements to ensure that all the costs are transferred accurately and timely and appropriate backup is provide so that costs can be fully substantiated.
  15. Assist with continuously reviewing current processes and systems and suggest revisions to better fit business requirements
  16. Provide information to the Internal and External Auditors for projects as and when required.
  17. Provide all the necessary financial requirements in a professional and timeous manner.
  18. To undertake any other duties as and when necessary to meet the varying demands of the business and satisfy customer needs

Key Customers:
  • Project Managers.
  • Commercial teams.
  • Senior Project Controller.
  • Project Accountant.
  • Head of Finance (Projects).

  1. Accounting systems, Project costings and Overheads are up to date and fully reflect the business operations
  2. All tasks carried out timeously in accordance with Network Engineering procedures.
  3. Compliance with and development of control procedures.
  4. Collaboration between finance and the project/commercial teams

  1. Qualifications & Experience
  • AAT, Part Qualified Accountant, or a number of years of experience within a Finance function.
  • Experience in detailed costing analysis
  • Sound knowledge of accounting principles and techniques.
  • Good communication skills with Finance and non-Finance Managers.
  • Previous experience in engineering or construction industry.

  1. Business and Personal Competencies
  • Business/Customer Focus
  • Is dedicated to meeting expectations and requirements of internal and external customers.
  • Establishes and maintains effective relationships with customers and gains their trust and respect.
  • Planning & Organising
  • Capable of adopting a logical and systematic approach to problem solving.
  • Able to make sound and timeous decisions on a day-to-day basis.
  • Personal Drive
  • Keen eye for detail.
  • Strong analytical skills particularly using Microsoft excel to manipulate and analyse large volumes of data
  • Good communication skills.
  • Adaptable and motivated "self starter".
  • Good interpersonal skills with non-financial management.
  • Planning, organisational and analytical skills.
  • Innovative, enthusiastic and flexible.
  • High degree of computer literacy, including Excel and Apex
  • Motives self and others for results.
  • Keen to progress own career through a personal development plan.
  • Willing and able to act on initiative within pre-defined constraints.

Similar jobs

Similar jobs