Group Accountant, Inmarsat
More information about location
Satellite communication services
Job no longer available
Satellite communication services
1001+ employees
Job no longer available
More information about location
1001+ employees
Company mission
To connect people and organisations around the globe to a better future through our world-leading satellite communications services.
Role
Who you are
- Graduate currently completing professional accounting qualification (ACCA/CIMA/ACA) or equivalent
- Working knowledge of accounting principles, standards, IFRS
- Analytical and technical accounting skills
- Strong knowledge of excel – including pivot tables and V-Look ups
- Experience of SAP and Adaptive Insights would be an advantage but is not essential
- Flexible, hard-working and results oriented
What the job involves
- This is a 6 Month Fixed Term Contract
- An excellent opportunity has arisen for an ambitious individual to join the small, high-profile Group Finance Team which is responsible for:
- Monthly consolidation
- Group External Financial Reporting
- Annual Report (back half)
- Statutory reporting for all legal entities
- Quarterly reporting
- Investor Relations support
- Audit committee reporting
- The external audit relationship
- Providing accounting and commercial support to organisation
- Own the Group accounting policies
- Supporting tax, legal and cosec teams with compliance reporting requirements
- This is role is seen by the company as an entry level role for a part-qualified accountant who is keen to consolidate their financial reporting knowledge working with a “blue chip” financial reporting team
- The successful candidate will be responsible for preparation of month end journals, reconciliations, financial statements, and other financial accounting activities within the central Group Financial Reporting team
- This will include posting journals in relation to complex accounting areas
- Preparing the journals for pensions (complex accounting) and supporting the relationship with the actuaries
- Preparing the monthly cashflow to be included as part of the monthly management reporting
- Preparing the journals for complex accounting areas specifically relating to IFRS-16 leases, equity-based payments, and hedging
- Reviewing consolidation entries for intercompany trade balance sheet accounts (including accounts receivable, accounts payable, prepayments and accruals). This includes working with the Financial Operations team to ensure appropriate elimination in SAP, while ensuring an appropriate elimination in Adaptive Insights
- Reviewing balance sheet eliminations for all Group entities not on SAP, liaising with local accountants and the Group revenue team to ensure balances are aligned on both sides
- Preparation of statutory accounts (in multiple currencies) within the Group
- Preparation of notes for the Group Consolidated Financial Statements
- Management of the Group Financial Reporting cost centre, tracking all PR and POs to ensure they are in line with fee quotes and forecasts. Working with Accounts Payable to ensure vendors are paid on time and working with the P2P team to accurately record month end accruals
- Preparation of various statistical returns for government agencies from around the world, ensuring that these are fairly distributed amongst the team and completed on time
- Providing support for the posting all journals relating to treasury transactions and reconciling between the treasury management system (TMS) and SAP
- Review of both external and intercompany borrowings and interest on a monthly basis
Salary benchmarks
Our take
World-leading satellite telecommunications company Inmarsat delivers reliable mobile communications across the globe. Whether it be by land, sea, or air, the company is enabling a new generation of commercial, government, enterprise, and mission-critical services – including furthering the digitization of the maritime industry and pioneering a new era of inflight passenger services.
The company is responsible for the first and only mobile high-speed broadband network, Global Xpress, and the European Aviation Network. Inmarsat is also helping revitalize the UK’s space-based capabilities, following its loss of access following Brexit in 2016.
The company has powered the rapid expansion of the global Internet of Things, and, looking forward, is set to dive even deeper into (IoT), to further connect people and machines in even the most remote locations. Ahead of the launch of a further seven satellites to bolster its ground network in 2024, Inmarsat completed a merger with U.S. satellite giant Viasat for £5.4 billion.
Freddie
Company Specialist at Welcome to the Jungle
Insights
1% employee growth in 12 months
Company
Funding (1 round)
Apr 2022
$28.6m
GRANT
Total funding: $28.6m
Company benefits
- Health & Wellness Benefits
- Pension Plans
- Family Leave
- Staff Discounts
- Cycle to Work Scheme
- Season Ticket Loan
- Employee Assistance Programme
- Education Support
- And more (Varies by location and position)
Company HQ
Old Street, London, UK
Leadership
Rajeev Suri
(CEO, not founder)Former President & CEO of Nokia. Currently on the Board of Directors at Singtel and Stryker. Became CEO in 2021.
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