At a Glance
- Tasks: Support financial performance and improve service levels in a dynamic team.
- Company: Join Compass Group, a leader in food and beverage services.
- Benefits: Enjoy exclusive travel discounts, cinema ticket savings, and a contributory pension scheme.
- Why this job: Gain valuable experience in finance while working in a supportive and diverse environment.
- Qualifications: Must have completed the first level of professional exams (CIMA/ACCA/ACA).
- Other info: This is an entry-level, full-time position based in Birmingham.
The predicted salary is between 36000 - 60000 Β£ per year.
Overall Purpose of the Role
As an Accountant at Compass, you will work witin 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 β 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
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 β ability to communicate oral and written information concisely and logically β 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 β ability to work well with peers
- Can Do β Finds new / quicker ways of meeting goals, responds quickly under to achieve targets
- Share Success β Provides task related feedback to do the job effectively and provides excellent service.
- Passion for Quality β Understands performance expectations, understands priorities to maximise benefits, helps to track the commercial implications
- Win through Teamwork β 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 β 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\βre 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 βApplyβ button below.
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Level 2 Contract Accountant employer: Compass Group
Contact Detail:
Compass Group Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Level 2 Contract Accountant
β¨Tip Number 1
Familiarise yourself with the key financial drivers and performance metrics relevant to the food and beverage services industry. Understanding these will help you engage in meaningful conversations during interviews and demonstrate your commercial awareness.
β¨Tip Number 2
Network with professionals in the finance sector, especially those who work in contract accounting or related fields. Attend industry events or join online forums to connect with potential colleagues and learn more about the company culture at Compass Group.
β¨Tip Number 3
Brush up on your Excel skills, as proficiency in this tool is essential for the role. Consider taking an online course or using tutorials to enhance your data analysis capabilities, which will be beneficial when discussing your experience in interviews.
β¨Tip Number 4
Prepare to discuss your understanding of financial risks and opportunities, particularly in relation to contract mechanisms. Being able to articulate your insights on this topic will set you apart from other candidates and show your readiness for the role.
We think you need these skills to ace Level 2 Contract Accountant
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Level 2 Contract Accountant role. Focus on your analytical abilities, communication skills, and any experience with financial reporting or management accounting.
Craft a Strong Cover Letter: Write a cover letter that specifically addresses how your background and qualifications make you a great fit for Compass Group. Mention your passion for finance and your understanding of management accounting, as well as your ability to work in a team.
Highlight Relevant Qualifications: Clearly state your completed professional exam qualifications (CIMA/ACCA/ACA) in your application. This is essential for the role and should be prominently featured to catch the employer's attention.
Showcase Your Soft Skills: In your application, emphasise your soft skills such as effective communication, adaptability, and teamwork. These are crucial for building relationships with key stakeholders and will set you apart from other candidates.
How to prepare for a job interview at Compass Group
β¨Show Your Passion for Finance
Make sure to express your enthusiasm for finance during the interview. Discuss your journey in accounting, any relevant experiences, and how they have shaped your understanding of management accounting.
β¨Demonstrate Analytical Skills
Prepare to showcase your analytical abilities by discussing specific examples where you've successfully analysed financial data or solved complex problems. This will highlight your attention to detail and critical thinking skills.
β¨Communicate Effectively
Since the role requires effective communication with both financial and non-financial stakeholders, practice explaining complex financial concepts in simple terms. This will demonstrate your ability to convey information clearly and concisely.
β¨Familiarise Yourself with Relevant Tools
If you have experience with tools like SAP, Cognos, or Excel, be ready to discuss how you've used them in past roles. If you're not familiar with these tools, do some research beforehand to show your willingness to learn and adapt.