Job title: Management Accountant
Office Location: Glasgow
(Invesis operates a flexible working policy)
Number of hours: 36.25 hours per week
Expertise: Accounts experience required
Are you a detail-oriented and proactive professional with a passion for finance and administration? We are recruiting a motivated Management Accountant to join our team and contribute to a smooth and efficient financial operation within our company.
Job description
The role of Management Accountant will involve the day to day financial management of at least 4 Public Private Partnership (“PPP”) projects, both UK and Irish projects, and overseeing the work produced by the accounts assistant for each project. There will be close interaction with the Operations Managers for the projects and assisting them with any financial queries whilst also dealing with various external stakeholders of the projects.
Who are we looking for?
We are looking for a positive individual with an inquisitive nature with an eye for detail and for the individual to have the following:
- PFI/PPP experience would be most advantageous but not essential.
- Irish tax and VAT experience would be most advantageous but not essential.
- Knowledge of SAP would be most advantageous but not essential.
- Extensive knowledge of excel required
- Financial modelling skills would be most advantageous.
- Good communication skills at all levels
Role & Responsibilities
- Prepare monthly management accounts for each PPP project and conduct a comprehensive variance analysis on deviations from the forecasted actuals.
- Generate quarterly reforecasting for each PPP project, providing a detailed variance analysis compared to the previous forecast for inclusion in broader Business Unit reporting and group consolidation.
- Compile a quarterly financial reporting pack for each PPP project for presentation to the Board of Directors during board meetings.
- Update the operational financial model on a quarterly/semi-annual basis for each PPP project. Perform a thorough review of the model to interrogate and analyse results for reporting purposes, producing a comprehensive variance analysis of movements between each model update.
- Prepare the annual statutory accounts for each PPP project and their associated Holding company. Collaborate with auditors as needed, addressing queries to achieve timely sign-off of the statutory accounts in accordance with the credit agreement.
- Collaborate with Operations Managers to provide financial insights into the projects. Address ad-hoc queries as they arise and gain a full understanding from Operations Managers regarding the projects.
- Coordinate with banks, clients, and other stakeholders to facilitate the seamless operation of each project and ensure compliance with project requirements and financial agreements.
- Conduct a thorough review of the work performed by the project accounts assistant to ensure completeness and accuracy, including tasks such as examining VAT returns, bank reconciliations, and debt service payments for both external and internal investors.
What can you expect from us?
A challenging and constantly changing environment in a pioneering organisation. You will join a team where there is an eye for each other. In addition to an attractive salary and benefits package, we support personal growth and development. Examples of our development opportunities include specific project management training or courses via GoodHabitz. This is an online learning platform for personal growth and development with more than 120 training options that you can follow 100% digitally, wherever and whenever you want.
Your work environment
At Invesis, we are extremely proud of our People and Culture. Our hard work, and fun together, has built a successful business which continues to grow. Our aim is to continue to build on this success by investing in our people, to encourage and support engagement and positive mental health and physical wellbeing.
Our ambition is to have employees who are ‘Flourishing at Work’; who are inspired by our purpose, able to use and develop their skills and strengths, and who can see the value they contribute to the business.
Who are we ?
Invesis is a global investor and developer of sustainable transportation, social infrastructure, energy transition projects and digital infrastructure. We employ over 120 people and have offices in Glasgow, Brussels, Bunnik, Cologne, Dublin, Frankfurt, London, Sydney and Washington DC.
We have a strong track record in delivering successful projects. Our operational concessions include over 50 projects under long term management with a total capital value of over €13 bn throughout Belgium, Germany, Ireland, the Netherlands, Switzerland, the United Kingdom and Australia.
In 2020 Dutch pension fund PGGM, one of Europe’s largest pension companies, acquired a 50% share in Invesis from Royal BAM Group. Under our new ownership structure Invesis has ambitious growth plans which includes targeting new markets (in Australia, North America and Scandinavia) establishing Invesis as a worldwide player in the global PPP market, and diversifying into new sectors such as energy transition and digital infrastructure.
Invesis has access to a wealth of international expertise, experience, and resources, underpinned by extensive local knowledge of its‘ markets (education, healthcare, justice, marine, rail, roads, government buildings, social housing, student accommodation, energy transition and digital assets) and provides the following services:
- Design, development, bid, and operational leadership
- Understanding and management of risk
- Sourcing, securing, and funding management
- Contract negotiation and commercial management
To apply for the position please send your CV to [email protected]
