Financial Accountant - Commercial Operations

Background

TII’s Financial Management Unit is responsible for providing commercial oversight and assurance with regard to TII’s financial operations and revenue streams from tolling [M50 eFlow (approx. €160m) and Dublin Tunnel (approx. €20m)] and Luas (annual revenue stream approx. €70m), to TII’s senior stakeholders including TII’s Board, Audit Committee and Executive Team, and the Comptroller and Auditor General. This assurance is provided by way of a robust governance framework incorporating detailed understanding of each business (M50 eFlow, Dublin Tunnel and Luas), management and review of the financial controls and processes in place both internally within TII and externally within outsourced service providers, formal monthly/annual reporting processes and audit management. 

ROLE, DUTIES AND RESPONSIBILITIES

The Financial Accountant will be primarily responsible for providing quality financial support of both a strategic and operational nature for the Luas Business. The role will report to the Head of Financial Management in Commercial Operations.

Principal responsibilities will include:

• Manage Luas Business revenue streams incorporating Luas Light Rail Vehicle revenue, Park & Ride revenue, Advertising and Rental income.
• Management and delivery of the monthly management accounts, in accordance with professional accounting standards, and to agreed timeframes & formats. This includes liaising with the Luas Operator and other Transport Operators, reconciliation and validation of all revenue and periodic review of actual performance against targets.
• Review financial outputs from external service providers including period revenue reports and reconciliations submitted by the Luas Operator.
• Stakeholder and relationship management including the development of effective and collaborative working relationships with key stakeholders.
• Manage external and internal audit programmes for Luas, including management of the relevant stakeholders (TII Internal Audit, National Transport Authority and the Comptroller and Audit General).
• On-going development and implementation of the current governance model to ensure robust “best practice” controls and processes are established and maintained in relation to Luas revenue streams.
• Preparation and management of multi-annual forecasts and budgets.
• Liaising with various divisions within TII to manage costs for other Luas projects.
• Supporting TII Finance team including accounts receivable function, monthly balance sheet reconciliations and statutory reporting.
• Supporting the revenue funding requirements of the business.
• Undertaking such tasks, activities or other duties as may be required or assigned appropriate to the grade.

Essential Entry Requirements:

The successful candidate will be required to demonstrate the key competencies for a Grade 2 position, as well as the following experience and job-specific requirements:

• A qualified accountant with a professional accountancy qualification and membership of a recognised accountancy body (i.e. ACA, CPA, CIMA, or ACCA).
• A minimum of 5 years’ experience in financial management and assurance work in a responsible position.
• A high standard of financial management training and experience.
• Ability to assess business processes to identify areas of control strength and weaknesses.
• Familiarity with the culture and organisation of outsourced operators.
• Proven leadership skills and effective people and relationship management ability.
• Excellent analytical and communication skills (verbal, written and presentation).
• Effective decision maker and ability to work on own initiative.
• Fosters positive “can do” attitude amongst the team and is an effective team player.
• Familiarity with the culture and organisation of Government departments, State agencies and operators.
• Proficient in Microsoft Office, particularly Excel, and Sage 1000 or equivalent systems.
• Fluency in the English language, both oral and written.