Company Accountant

About the role

Balfour Beatty Investments has an exciting opportunity for a Company Accountant to join our investments team to work in Benton, Newcastle Upon Tyne.

Role purpose

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 be responsible for the following:-

• Production of monthly management accounts and commentary there on (including variance analysis) to concession deadlines;
• Preparation of statutory accounts and acting as first point of contact with auditors;
• Preparation of annual budgets and periodic updates to support 6-monthly updates for lenders;
• Making payments to subcontractors and lenders to contractual timescales;
• Liaising with lenders in respect of loan agreement financial administration;
• Preparation of VAT and CIS returns;
• In conjunction with the Finance Manager, maintenance of the Finance Policies and Procedures Manuals;
• Producing cash flow forecasts, managing treasury deposits and controlling company bank balances;
• Liaising with Finance Manager to determine technical accounting calculations as required (e.g. IFRIC 12 for PFI and similar concession arrangements);
• Ownership of all General Ledger accounts and ensuring that invoices, payments, receipts and month-end journals are processed accurately and with required authorizations;
• Ensuring 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;
• Production of Balance Sheet account reconciliations;
• Liaising with internal audit function and resolution of issues identified;
• Preparation of Corporation Tax quarterly payment calculations and provision of information to tax advisers relating to annual computations and returns;
• Any other additional duties such as the Head of Finance, Finance Manager or Concession management team may reasonably require.

Who we're looking for

The following experience/qualifications are required:-

• Educated to degree or equivalent standard;
• Qualified or nearly qualified accountant;
• PFI experience preferable but not essential;
• Familiarity with SUN Accounts software preferable;
• Good practical accountant;
• Able to work with technical accounting concepts;
• IT literate especially with Excel and Word.
• PFI experience preferable but not essential;
• Familiarity with SUN Accounts software preferable;
• Good practical accountant;
• Able to work with technical accounting concepts;
• IT literate especially with Excel and Word.

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 value diversity and celebrate individual differences, believing that our inclusive culture helps the business continue to grow as a strong, dynamic and innovative organisation.

Balfour Beatty is a corporate signatory to WISE (Women in Science & Engineering) and a member of Stonewall's Diversity Champions programme. 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.