Management Accountant

Recruiter
Network Rail
Location
Milton Keynes
Salary
32256.00 - 36288.00 GBP Annual
Posted
07 Oct 2017
Closes
04 Nov 2017
Category
Accounting
Contract Type
Permanent
Hours
Full Time
About Network Rail

Network Rail is at the heart of revitalising Britain's railway. From Crossrail - Europe's largest civil engineering project - to investment in world-class stations and major programmes of electrification, we're involved in some of the most ambitious and diverse ventures that this country has ever seen.

Despite this, demand is still increasing and over the next 30 years passenger demand for rail will more than double with freight demand expected to grow by 140%. We're improving the rail network, providing faster, more frequent and more reliable journeys between Britain's towns and cities. This is bringing people and businesses closer together, making Britain more competitive and a better place to do business. This provides wider benefits to the economy; rail investment stimulates private sector growth, and we are investing in our workforce and introducing new technologies.

Brief Description

At Network Rail, our Finance function is key to our success. Our diverse and high-achieving team is responsible for e nsuring we secure appropriate funding and get the best possible value for the money we spend, driving forward our continuing mission to transform the UK's rail network into a world-class infrastructure. We are responsible for establishing Network Rail's cash requirements through the planning process, securing the income requirements through the regulatory process and funding the Company's borrowing requirements through the financial markets. We control expenditure and provide clear and accurate management information. Providing value for money from suppliers through contracts and procurement, we also mitigate the Company's exposure to financial risk.
The role of Management Accountant is to provide a proactive financial and management accounting service to budget holders to support business decisions and maintain financial control.

About the role (External)

Key Accountabilities:
1. Support the preparation of business plans and budgets, providing specialist advice.
2. Produce and present period actuals and forecasts for budget holders, including preparing period accruals, transfers and adjustments. Issue reports and support budget holders in understanding the impact of the period results and forecasts against budgets.
3. Produce the period end business review pack and highlight any significant issues with financial and other business results.
4. Monitor and promulgate corporate governance throughout the function and review compliance with financial regulations.
5. Assist in investment appraisals and business case analysis.
6. Model and analyse cost base and identify and monitor opportunities and efficiencies.
7. Participate in budget holder key meetings to provide sound financial advice and support.
8. Delivery of insightful ad-hoc analysis on the financial position and performance of the function.
9. Support the timely collection of business unit debts and payment of business unit creditors, and supply accurate periodic cash forecasts.
10. Assist with balance sheet reviews by challenging wider team and increase adherence and awareness of our finance regulations

Job Skills, Experience and Qualifications

Essential
• Student/part membership (or equivalent) of the relevant professional body having progressed beyond the first stage of qualification, or possession of sufficient experience to fulfil the requirements of the role without membership of the relevant professional body

Desirable
• 3 years' experience within finance disciplines of Network Rail and/or external organisations
• Experience of Oracle based systems including Hyperion

How To Apply- External

Network Rail welcomes applications regardless of age, disability, marital status (including civil partnerships), pregnancy or maternity, race, religion or belief, sexual orientation, transgender status, sex (or gender), employment status, trade union affiliation, or other irrelevant factor. We will interview all disabled applicants who meet the essential criteria. We positively embrace flexible working recognising that employees may wish to balance work and family/home life.

Keeping people safe on the railway is at the heart of everything we do, safe behaviour is therefore a requirement of working for Network Rail. Applicants should demonstrate their personal commitment to safety in their application.
Network Rail can offer you a rewarding career with competitive pay and excellent benefits including a choice of contributory pension schemes, a generous annual leave package, a bonus scheme and an annual 75% subsidy on season tickets costing up to GBP3,333 (to a maximum amount of GBP2,500).
We adhere to a structured pay framework, any salary offered will be within the following pay range: GBP32,256-GBP36,288.
Network Rail adheres to the Baseline Personnel Security Standard (BPSS). This is a government standard for pre-employment vetting. All prospective employees will undergo the required checks to meet this standard before joining the company.
Closing date: 17-10-17. Late applications will not be accepted. We retain the right to close the advert before the listed closing date based on application volumes.
It is a requirement of the role to live within 90 minutes commuting time of The Quadrant Milton Keynes.

Currency
GBP

Amount of Travel

Work At Home