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- Tasks: Join our finance team as a Senior Contract Accountant, driving business performance and financial analysis.
- Company: Compass is a leading company focused on enhancing business performance through effective financial management.
- Benefits: Enjoy flexible working options, professional development opportunities, and a supportive team environment.
- Why this job: Make a real impact by partnering with stakeholders and improving financial decision-making in a dynamic setting.
- Qualifications: Actively studying CIMA/ACCA/ACA with experience in management accounting and strong analytical skills.
- Other info: Opportunity to mentor junior team members and engage in diverse projects across the organisation.
The predicted salary is between 36000 - 60000 £ per year.
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 may be changed from time to time to incorporate changing circumstances. It does not form part of your contract of employment.
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
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
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Level 3 Senior Contract Accountant employer: Compass Group
Contact Detail:
Compass Group 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 tools mentioned in the job description, such as SAP and Cognos. Being able to discuss your experience or knowledge of these tools during an interview can set you apart from other candidates.
✨Tip Number 2
Network with professionals in the finance sector, especially those who have experience in business partnering roles. Engaging with them can provide insights into the role and may even lead to referrals or recommendations.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed financial risks and opportunities in previous roles. This will demonstrate your analytical skills and ability to contribute to improved business performance.
✨Tip Number 4
Showcase your communication skills by practising how to explain complex financial concepts to non-financial stakeholders. This is crucial for a role that involves business partnering and will highlight your ability to bridge the gap between finance and operations.
We think you need these skills to ace Level 3 Senior Contract Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in management accounting and business partnering. Emphasise your analytical skills and any experience with financial reporting tools like SAP or Cognos.
Craft a Strong Cover Letter: In your cover letter, address how your qualifications align with the key accountabilities of the role. Mention specific examples of how you've supported commercial decision-making in previous roles.
Highlight Relevant Qualifications: Clearly state your progress in CIMA/ACCA/ACA studies. If you have completed any strategic modules, make sure to mention them as they are essential for this position.
Showcase Communication Skills: Since excellent communication is crucial for this role, provide examples in your application that demonstrate your ability to convey complex financial information to non-financial stakeholders effectively.
How to prepare for a job interview at Compass Group
✨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 Communication Skills
Since this role involves working with both financial and non-financial stakeholders, practice explaining complex financial concepts in simple terms. Be ready to showcase your communication skills through clear and concise responses.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities and how you handle financial risks and opportunities. Think of past experiences where you successfully navigated challenges and be prepared to share those stories.
