Level 2 Contract Accountant
Level 2 Contract Accountant

Level 2 Contract Accountant

Birmingham Full-Time 28800 - 43200 Β£ / year (est.) No home office possible
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At a Glance

  • Tasks: Support financial decision-making and enhance business performance through analysis and reporting.
  • Company: Join a dynamic team at Compass, a leader in the accounting and finance industry.
  • Benefits: Gain valuable experience in a contract role with opportunities for professional growth.
  • Why this job: Perfect for finance enthusiasts looking to make an impact in a collaborative environment.
  • Qualifications: Must have a first-level professional exam qualification (CIMA/ACCA/ACA) and strong analytical skills.
  • Other info: Ideal for those eager to learn and adapt in a fast-paced setting.

The predicted salary is between 28800 - 43200 Β£ per year.

Overview

Overall Purpose of the Role: As an Accountant at Compass, you will work within a financially focussed team in understanding key drivers of the business and to support in driving improved business performance. The role will continually improve service levels, cost effectiveness and add value to any commercial activities undertaken.

Overall Purpose of the Role: As an Accountant at Compass, you will work within a financially focussed team in understanding key drivers of the business and to support in driving improved business performance. The role will continually improve service levels, cost effectiveness and add value to any commercial activities undertaken.

Key Accountabilities

PURPOSE: Commercial Support

  • Help to business partner key stakeholders (financial and non-financial) ensuring strong commercial and operational decision making, managing financial risks and opportunities
  • Aid in delivering proactive ad-hoc financial analysis to support business unit decision making
  • Understand and manage the financial risks and opportunities arising from volumetric and other contract mechanisms – and ongoing business performance
  • Understand and highlight the financial risks and opportunities arising from balance sheet maintenance

PERFORMANCE

  • Help prepare key business reporting such as month end reports, business reviews, client reports, budgets, cash analysis and other ad-hoc analysis to be discussed at monthly review.
  • Monthly balance sheet review for area of responsibility, escalating key risks/ opportunities to senior stakeholders.
  • Support closing monthly accounts ensuring sales and costs are accurately and appropriately recognised.
  • Promote working capital improvements through timely, accurate contract billing, active management of debt ledgers and timely resolution of queries
  • Support with the budgeting and forecasting process by consolidating the budget, understanding variances and preparing the budget presentation for senior stakeholders
  • Support with completion of documentation for client tenders, negotiations and capital expenditure appraisals
  • Support operational teams with understanding actions required on mobilisation and ensure that these are executed in line with timetable
  • You will ensure health and safety of all colleagues within the business and report any incidents via the approved company processes

PEOPLE: Relationship Management

  • Working effectively as part of a team
  • Building relationships with key stakeholders

Qualifications

Candidate Requirements: Key Skills, Knowledge & Experience

Essential

  • Have completed the first level of their professional exam qualifications [CIMA/ACCA/ACA]
  • Demonstrate passion for Finance and an understanding of management accounting
  • Analytical and with a high level of attention to detail
  • An effective communicator with the ability to communicate oral and written information concisely and logically

Desirable

  • Ability to adapt to a changing environment
  • Good knowledge of Excel
  • Experience of SAP, Cognos and Quick Sights as analysis and reporting tools

Performance Standards

  • Excellent communication skills – ability to communicate oral and written information concisely and logically – to both finance and non-finance people
  • Pro-active and energetic approach
  • Ability to analyse and evaluate information concisely
  • Self-motivated with an ability to effectively plan and organise own work
  • Ability to take on a broad spectrum of work under pressure and to deliver in agreed timescales

Leadership behaviours

  • Communication – ability to work well with peers
  • Can Do – Finds new / quicker ways of meeting goals, responds quickly to achieve targets
  • Share Success – Provides task related feedback to do the job effectively and provides excellent service.
  • Passion for Quality – Understands performance expectations, understands priorities to maximise benefits, helps to track the commercial implications
  • Win through Teamwork – Pursues friendly relationships with colleagues and clients, makes contact with colleagues across the organisation and shares own knowledge and insight and displays a high level of energy and commitment to the role and organisation
  • Embrace Diversity – Listens to others and values their contributions, receptive to new and builds on ideas and acts in ethical and socially responsible manner

Benefits

We ensure you\\\’re rewarded for all your hard work, which is why we offer a comprehensive benefits package which includes but is not limited to:

  • Exclusive travel discounts with TUI, Expedia, Booking.com and many more
  • Up to 44% off cinema tickets to enjoy your favourite blockbuster
  • Receive Wow Points every time you spend and use them on a wide range of brands
  • Contributory pension scheme
  • Grow your career with our Career Pathways and MyLearning programmes

For further information, and to apply, please visit our website via the β€œApply” button below.

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Level 2 Contract Accountant employer: ACCA Careers

At Compass, we pride ourselves on being an excellent employer, offering a dynamic work culture that fosters collaboration and innovation. Our Parklands location provides a supportive environment for entry-level professionals, with ample opportunities for growth and development in the accounting and finance sector. Join us to be part of a team that values your contributions and encourages you to thrive in your career while making a meaningful impact on business performance.
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Contact Detail:

ACCA Careers Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Level 2 Contract Accountant

✨Tip Number 1

Familiarise yourself with the key responsibilities of the Level 2 Contract Accountant role. Understanding how to support stakeholders in decision-making and manage financial risks will help you demonstrate your knowledge during interviews.

✨Tip Number 2

Brush up on your analytical skills and Excel proficiency, as these are essential for the role. Consider taking a quick online course or tutorial to enhance your abilities, which can set you apart from other candidates.

✨Tip Number 3

Network with professionals in the finance and accounting industry. Attend relevant events or join online forums to connect with others who may provide insights or even referrals for the position at StudySmarter.

✨Tip Number 4

Prepare to discuss your passion for finance and management accounting during interviews. Be ready to share examples of how you've applied your skills in real-world scenarios, showcasing your proactive approach and attention to detail.

We think you need these skills to ace Level 2 Contract Accountant

Financial Analysis
Management Accounting
Attention to Detail
Effective Communication Skills
Excel Proficiency
Experience with SAP
Experience with Cognos
Experience with Quick Sights
Risk Management
Budgeting and Forecasting
Teamwork
Relationship Management
Analytical Skills
Organisational Skills
Ability to Work Under Pressure

Some tips for your application 🫑

Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Level 2 Contract Accountant position. Tailor your application to highlight how your skills and experiences align with the key responsibilities outlined in the job description.

Highlight Relevant Qualifications: Emphasise your first-level professional exam qualification (CIMA/ACCA/ACA) in your CV and cover letter. Mention any relevant coursework or projects that demonstrate your passion for finance and management accounting.

Showcase Analytical Skills: Provide specific examples in your application that showcase your analytical skills and attention to detail. This could include instances where you've successfully managed financial risks or provided proactive financial analysis in previous roles or studies.

Craft a Strong Cover Letter: Write a compelling cover letter that not only summarises your qualifications but also conveys your enthusiasm for the role and the company. Use this opportunity to explain why you are a good fit for the team and how you can contribute to improved business performance.

How to prepare for a job interview at ACCA Careers

✨Know Your Numbers

As a Level 2 Contract Accountant, you'll need to demonstrate your understanding of financial analysis. Brush up on key financial metrics and be prepared to discuss how you would use them to support business decisions.

✨Showcase Your Communication Skills

Effective communication is crucial in this role. Practice explaining complex financial concepts in simple terms, as you may need to present your findings to non-financial stakeholders.

✨Demonstrate Teamwork

This position requires collaboration with various teams. Be ready to share examples of how you've successfully worked in a team environment and built relationships with colleagues or stakeholders.

✨Prepare for Scenario Questions

Expect questions that assess your problem-solving abilities. Prepare for scenarios where you might need to manage financial risks or improve service levels, and think about how you would approach these challenges.

Level 2 Contract Accountant
ACCA Careers
Location: Birmingham

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