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Group Accountant

Employer
Michael Page Finance
Location
England, Greater Manchester, Manchester
Salary
£38000 - £42000 per annum
Closing date
Mar 21, 2019

View more

Job Role
Management Accountant
Sector
Travel & Tourism
Contract Type
Permanent
Hours
Full Time

Job Details

This newly created role of Group Accountant is to support the finance team in all aspects of maintainance stock accounting.

Client Details

An internationally renowned brand with a base in Manchester, situated in a competitive industry.

Description

Group Accountant Role:

  • HMR provision:

Maintain the airlines heavy maintenance provisions by component, using Anaplan model for the entire group of companies. Run bi-annual in-depth review of market rates to ensure provisions will cover anticipated future costs. Assist auditors with their annual in-depth review of the market rates and balance sheet accounts.

  • Other maintenance P&L areas:

Maintain other P&L lines within maintenance for UK airline and complete month end P&L, BS rec's and budget and forecasting work.

  • Cash

Weekly cash forecasting of Heavy Maintenance expenditure/income and lease costs for the group. Monthly Anaplan output led cash forecasting. Monthly meeting with the business to refine cash outflow timing/ value within 6 months for the group. Also ensuring that all forecasted items are paid or variances explained, foreign currency amounts requested in advance and all payments made on time.

  • Fixed Assets:

Responsible for Heavy maintenance fixed assets, ensuring correct capitalisation and depreciation, including a regular review of asset lives.

  • Month End:

Prepare monthly reports for group including variance analysis and maintain balance sheet reconciliations for Heavy Maintenance Provisions.

Monitor aircraft maintenance letters of credit and ensure they are correct.

Prepare invoices to recharge Heavy Maintenance costs to other Group or Third Party.

Calculate seasonal charge to be invoiced for Engine Pool Access Agreement and agree Intercompany balances each month (P&L and Balance Sheet).

  • Budgets & Forecasts:

Preparation of budgets and forecasts for engineering, liaising with other members of the finance team and meeting departmental and group requirements. Continual monitoring of financial opportunities and risks arising during the financial year.

  • Leases:

Assist with on-going review of Leases to ensure all maintenance reserve rates are up to date in the maintenance reserve model.

  • Ad Hoc:

Any ad hoc work of an engineering finance nature that may be required by Finance or Engineering

Profile

The Successful Group Accountant Candidate Must Possess:

  • Ability to work to and meet deadlines
  • Planning, Analytical and organisational skills
  • Able to communicate well at all levels, both within finance and operationally
  • High level of IT literacy, specifically Microsoft excel
  • Drive a culture of continuous improvement within the team, whilst supporting a robust financial control framework
  • Team player

Preferred:

  • Technical knowledge of accounting principles applicable to accounting for maintenance reserves and provisions.
  • Experience with SAP
  • Experience with Anaplan

Job Offer

A competitive salary, pension match up to 9%, on site parking, specific company benefits

Company

Michael Page specialises in the permanent, temporary and interim recruitment of qualified accountants. In fact, our organisation was founded to provide selection and recruitment services for accounting professionals and has been a market leader in this field for more than 35 years.

We have earned the trust of clients in industry and commerce, the banking and financial services markets and the public and not-for-profit sector. We also have an exemplary track record of completing assignments for everyone from small, boutique practices to the Big Four firms.

Many of our consultants have a background in accounting and finance – that’s real, grass roots expertise at your disposal. Combine that with the global reach you get from a company that has over 155 offices in 36 countries and you’re looking at a pretty formidable package. We are confident no other consultancy is better qualified to help you make that crucial, next step in your career.

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