Company Accountant

About the role

Balfour Beatty Investments has an exciting opportunity for a Company Accountant to join our Investments team to work in Newcastle.

Role Profile:

To provide the accounting function for concessions to meet concession, lender, shareholder and statutory reporting requirements.

What you'll be doing

As a Company Accountant, you will:

• Produce monthly management accounts and provide commentary thereon (including variance analysis) to concession deadlines;
• Prepare statutory accounts and act as first point of contact with auditors;
• Prepare annual budgets and periodic updates to support 6-monthly updates for lenders;
• Make payments to subcontractors and lenders to contractual timescales;
• Liaise with lenders in respect of loan agreement financial administrations;
• Prepare VAT and CIS returns;
• In conjunction with the Finance Manager, maintain the Finance Policies and Procedures Manuals;
• Produce cash flow forecasts, manage treasury deposits and control company bank balances;
• Liaise with Finance Manager to determine technical accounting calculations as required (e.g. IFRIC 12 for PFI and similar concession arrangements);
• Take ownership of all General Ledger accounts and ensure that invoices, payments, receipts and month-end journals are processed accurately and with required authorizations;
• Ensure that the concessions' financial transactions are carried out in accordance with its contracts and accounting policies and standards and that reliable accounting records are maintained;
• Produce Balance Sheet account reconciliations;
• Liaise with internal audit function and resolve issues identified;
• Prepare Corporation Tax quarterly payment calculations and provide information to tax advisers relating to annual computations and returns;
• Complete any other additional duties such as the Head of Concession Finance, Finance Manager or Concession management team may reasonably require.

Who we're looking for

Personal Qualities & Experience

Essential:

• Educated to degree level or equivalent standard;
• Qualified or nearly qualified accountant;
• Good practical accountant;
• Able to work with technical accounting concepts;
• IT literate especially with Excel and Word;
• Able to work and communicate effectively with colleagues at a range of levels;
• Able to act on own initiative and prepared to ask for guidance;
• Able to perform a number of different tasks and to prioritise own workload to ensure deadlines are met, whilst producing accurate work;
• Quick to assimilate and work effectively with new information.

Desirable:

• PFI experience;
• Familiarity with SUN Accounts software.

Why work for us

Day in, day out, our teams deliver amazing projects in challenging conditions; developing, managing and maintaining the vital infrastructure and public spaces that modern economies, societies and communities rely on.

About us

Balfour Beatty Investments is a global infrastructure investor operating in the UK, US and Canada. We provide the investment capability to deliver complex infrastructure projects. Over the past 21 years, Balfour Beatty Investments has established itself as one of the largest investors in the PPP industry, building a portfolio of more than 70 projects worldwide, predominantly in the UK and North America.

In recent years, Balfour Beatty Investments has diversified into new markets and geographies, demonstrating a successful evolution. Our core markets include: healthcare, education, student accommodation, residential and military housing, highways and power and waste.

We operate according to our Build to Last Values of Lean, Expert, Trusted, Safe and Sustainable.

We support each other to deliver and succeed, placing equal value on all perspectives by embracing diversity and inclusion. Together we deliver powerful new solutions, collaborating with governments, our customers and partners to shape thinking, create skylines and inspire a new generation of talent to be the change-makers of tomorrow.

Balfour Beatty is a corporate signatory to WISE (Women in Science & Engineering). Our aim is to attract more people from diverse backgrounds to help us build on our inclusive culture. We are a member of the workingmums.co.uk Top Employers' Charter through which we demonstrate our commitment to enabling parents to progress and enhance their careers whilst managing the challenges of family life.

Balfour Beatty is also Gold Award holders in the Ministry of Defence 'Employer Recognition Scheme' and actively encourage applications from Armed Forces personnel, veterans and reservists.

For further information, and to apply, please visit our website via the “Apply” button below.