Level 3 Senior Contract Accountant

Level 3 Senior Contract Accountant

Birmingham Full-Time 36000 - 60000 Β£ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our finance team as a Senior Contract Accountant, driving business performance and financial analysis.
  • Company: Compass is a leading company focused on inclusive job opportunities for all ages.
  • Benefits: Enjoy flexible working with a minimum of 3 days in the office and opportunities for professional growth.
  • Why this job: Be part of a dynamic team that values collaboration, innovation, and personal development.
  • Qualifications: Must be studying CIMA/ACCA/ACA with experience in management accounting and strong analytical skills.
  • Other info: This role offers a chance to influence key business decisions and support junior team members.

The predicted salary is between 36000 - 60000 Β£ per year.

Job Introduction

This job is brought to you by Jobs/Redefined, the UK\’s leading over-50s age inclusive jobs board.

Role

Job Title

Level 3 Senior Contract Accountant

Responsible to

Finance Business Partner

Location

Parklands Office, Birmingham

Department

Finance

This role profile is a guide to the work you will initially be required to undertake. It does not form part of your contract of employment and may be changed from time to time to reflect changing circumstances.

Overall Purpose of the Role

As a Senior Contract 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. Through effective business partnering, the role will continually improve service levels, cost effectiveness and add value to any commercial activities undertaken.

Key Accountabilities

PURPOSE: Commercial Support

  • Business Partner key stakeholders (financial and non-financial) ensuring strong commercial and operational decision making, managing financial risks and opportunities
  • Attend designated site and client meetings
  • 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.
  • Assist in training of operational teams in the use of business reporting to understand and improve their financial performance
  • Monthly balance sheet review for area of responsibility, escalating key risks/ opportunities to senior stakeholders.
  • 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
  • Support the development of junior team members and facilitate in training courses for new team members and operators alike

Candidate Requirements: Key Skills, Knowledge & Experience

Essential:

  • Actively studying Accountant in CIMA/ACCA/ACA (CIMA: Strategic Level or ACCA: Strategic Professional Modules) and experience in an accounting role
  • Experience of management accounting inclusive of accounting adjustments, producing reports/analysis to support commercial decision making
  • Analytical and with a high level of attention to detail
  • Experience of business partnering non-finance professionals to support the delivery of sound financial information

Desirable:

  • Ability to adapt to a changing environment
  • Experience of SAP and Cognos 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
  • Excellent interpersonal skills with proven ability to influence internal and external parties
  • 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 manage, develop and lead peers
  • Can Do – Finds new / quicker ways of meeting goals, shows conviction in own judgement and decisions, responds quickly under pressure and overcomes hurdles to achieve targets
  • Share Success – Provides task related feedback to do the job effectively and provides excellent service. Delegates tasks to develop others
  • Passion for Quality – Sets demanding performance expectations, sets priorities to maximise benefits, tracks the commercial implications of a situation in a step-by-step way
  • Win through Teamwork – Pursues friendly relationships with colleagues and clients, contacts 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

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

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Level 3 Senior Contract Accountant employer: Compass Group UK & Ireland

At Compass, we pride ourselves on being an excellent employer, offering a dynamic work culture that fosters collaboration and professional growth. Located in the vibrant Parklands Office, our team enjoys a supportive environment where employees are encouraged to develop their skills through training and mentorship, while also benefiting from competitive remuneration and a focus on work-life balance. Join us to be part of a forward-thinking finance team that values your contributions and promotes a diverse and inclusive workplace.
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Contact Detail:

Compass Group UK & Ireland Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Level 3 Senior Contract Accountant

✨Tip Number 1

Familiarise yourself with the key financial metrics and reporting standards relevant to the role. Understanding how to interpret and present financial data will be crucial in demonstrating your capability during interviews.

✨Tip Number 2

Network with professionals in the finance sector, especially those who have experience in business partnering. Engaging in conversations about their experiences can provide valuable insights and may even lead to referrals.

✨Tip Number 3

Brush up on your knowledge of SAP and Cognos, as these tools are mentioned in the job description. Being able to discuss your familiarity with these systems can set you apart from other candidates.

✨Tip Number 4

Prepare examples of how you've successfully collaborated with non-financial stakeholders in the past. This will showcase your ability to communicate complex financial information effectively, which is a key aspect of the role.

We think you need these skills to ace Level 3 Senior Contract Accountant

Management Accounting
Financial Analysis
Business Partnering
Attention to Detail
Analytical Skills
Communication Skills
Stakeholder Management
Budgeting and Forecasting
Report Preparation
Debt Management
SAP Experience
Cognos Experience
Problem-Solving Skills
Team Leadership
Adaptability
Self-Motivation

Some tips for your application 🫑

Tailor Your CV: Make sure your CV highlights relevant experience in management accounting and business partnering. Use specific examples that demonstrate your analytical skills and attention to detail, as these are crucial for the role.

Craft a Compelling Cover Letter: In your cover letter, address how your qualifications align with the key accountabilities of the role. Mention your experience with financial reporting and your ability to communicate effectively with both finance and non-finance professionals.

Highlight Relevant Qualifications: Clearly state your progress in CIMA/ACCA/ACA studies and any relevant certifications. This will show your commitment to professional development and your readiness for the responsibilities of a Senior Contract Accountant.

Showcase Teamwork and Leadership Skills: Provide examples of how you've successfully worked within a team and supported the development of junior members. Highlight any leadership experiences that demonstrate your ability to influence and motivate others.

How to prepare for a job interview at Compass Group UK & Ireland

✨Understand the Role

Make sure you thoroughly understand the responsibilities of a Senior Contract Accountant. Familiarise yourself with key accountabilities such as financial analysis, business partnering, and reporting. This will help you demonstrate your knowledge during the interview.

✨Showcase Your Analytical Skills

Prepare to discuss specific examples where you've used your analytical skills to support decision-making. Highlight any experience you have with management accounting and how it has contributed to improved business performance.

✨Demonstrate Relationship Management

Be ready to talk about your experience in building relationships with both financial and non-financial stakeholders. Share examples of how you've successfully communicated complex financial information to non-finance professionals.

✨Prepare for Scenario Questions

Expect scenario-based questions that assess your problem-solving abilities and how you handle financial risks and opportunities. Think of situations where you've had to make quick decisions under pressure and be prepared to explain your thought process.

Level 3 Senior Contract Accountant
Compass Group UK & Ireland
Location: Birmingham
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