At a Glance
- Tasks: Manage financial records, ensuring accuracy in accruals, prepayments, and reconciliations.
- Company: Join BAE Systems, a leader in defence and security with a diverse culture.
- Benefits: Enjoy competitive salary, flexible working, health perks, and employee share plans.
- Why this job: Make a real impact in finance while growing your skills in a supportive environment.
- Qualifications: Experience in financial accounting and proficiency in ERP systems required.
- Other info: Inclusive workplace with excellent career development opportunities.
The predicted salary is between 28400 - 35400 £ per year.
Location: Glascoed. We offer a range of hybrid and flexible working arrangements - please speak to your recruiter about the options for this particular role.
Salary: £31,484
What you'll be doing:
- Accruals and Prepayments and Balance Sheet Reconciliation
- Calculate accruals and prepayments to ensure entries are accurately matched to the correct accounting period
- Ensure all accruals and prepayments are reversed in subsequent periods and regularly reviewed for accuracy and provisions control
- Ensure provisions are documented, justified, and reviewed regularly for adequacy or release
- Maintain clear audit trails for provision calculations and approvals
- Journal Review and Processing and Period-End Close and Reporting
- Process journal submissions from the sectors for accuracy, completeness, and compliance with policies
- Ensure timely posting and correct categorisation to support reporting and analysis
- Validate supporting documentation and monitor materiality thresholds, escalating exceptions as needed
- Investigate unusual or recurring entries and collaborate with finance teams to resolve issues
- Monthly reconciliation of all accruals, prepayments, and provision-related balance sheet accounts
- Ensure balances are aged, explained, and supported with valid documentation and commentary
- Investigate discrepancies, ensuring aged items are followed up and cleared promptly
- Support month-end, quarter-end, and year-end close activities related to assigned areas
Your skills and experiences:
- Proven experience in general ledger accounting, financial accounting, or journal processing
- Good understanding of internal controls, accounting principles, and audit requirements
- Proficiency in ERP systems (e.g., SAP, Oracle, Workday) and journal management tools
- AAT qualification or equivalent
Benefits:
As well as a competitive pension scheme, BAE Systems also offers employee share plans, an extensive range of flexible discounted health, wellbeing and lifestyle benefits, including a green car scheme, private health plans and shopping discounts - you may also be eligible for an annual incentive.
The General Accounting team:
As an Assistant Financial Accountant within the General Accounting Team, you will contribute to core general ledger activities, including accruals, prepayments, provisions, routine journal entries, and account reconciliations. This role supports the timely and accurate processing of financial transactions, ensures good internal controls, and maintains compliance with accounting policies and standards.
Why BAE Systems?
This is a place where you'll be able to make a real difference. You'll be part of an inclusive culture that values diversity of thought, rewards integrity, and merit, and where you'll be empowered to fulfil your potential. We welcome people from all backgrounds and want to make sure that our recruitment processes are as inclusive as possible. If you have a disability or health condition (for example dyslexia, autism, an anxiety disorder etc.) that may affect your performance in certain assessment types, please speak to your recruiter about potential reasonable adjustments.
Please be aware that many roles at BAE Systems are subject to both security and export control restrictions. These restrictions mean that factors such as your nationality, any nationalities you may have previously held, and your place of birth can restrict the roles you are eligible to perform within the organisation. All applicants must as a minimum achieve Baseline Personnel Security Standard. Many roles also require higher levels of National Security Vetting where applicants must typically have 5 to 10 years of continuous residency in the UK depending on the vetting level required for the role, to allow for meaningful security vetting checks.
Closing Date: 29th January 2026
We reserve the right to close this vacancy early if we receive sufficient applications for the role. Therefore, if you are interested, please submit your application as early as possible.
Assistant Financial Accountant in London employer: BAE Systems
Contact Detail:
BAE Systems Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Financial Accountant in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work at BAE Systems. A friendly chat can sometimes lead to insider info or even a referral, which can give you a leg up in the application process.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of accruals, prepayments, and balance sheet reconciliations. We want to see that you know your stuff, so practice explaining these concepts clearly and confidently.
✨Tip Number 3
Show off your ERP skills! If you've got experience with systems like SAP or Oracle, make sure to highlight that during your discussions. We love candidates who are tech-savvy and can hit the ground running.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team at BAE Systems.
We think you need these skills to ace Assistant Financial Accountant in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Assistant Financial Accountant role. Highlight your experience with accruals, prepayments, and journal processing, as these are key aspects of the job. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about finance and how your background makes you a great fit for our team. Keep it concise but engaging – we love a good story!
Showcase Your Skills: Don’t forget to mention your proficiency in ERP systems like SAP or Oracle. If you've got an AAT qualification or equivalent, shout about it! We’re keen on candidates who understand internal controls and accounting principles.
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at BAE Systems
✨Know Your Numbers
Brush up on your financial accounting knowledge, especially around accruals, prepayments, and balance sheet reconciliations. Be ready to discuss how you've handled these in past roles, as it shows you understand the core responsibilities of the Assistant Financial Accountant position.
✨Familiarise with ERP Systems
Since proficiency in ERP systems like SAP or Oracle is crucial, make sure you’re comfortable discussing your experience with these tools. If you’ve used any journal management software, be prepared to share specific examples of how you’ve leveraged these systems to improve accuracy and efficiency.
✨Prepare for Scenario Questions
Expect questions that ask you to solve hypothetical problems related to journal processing or account discrepancies. Practise articulating your thought process clearly, as this will demonstrate your analytical skills and ability to collaborate with finance teams to resolve issues.
✨Showcase Your Attention to Detail
In financial roles, attention to detail is key. Prepare examples from your previous work where your meticulousness led to successful outcomes, such as identifying discrepancies or ensuring compliance with internal controls. This will help convey your suitability for maintaining clear audit trails and accurate financial reporting.