At a Glance
- Tasks: Drive financial insight and support commercial decision-making for Ongo's diverse business entities.
- Company: Join Ongo, a forward-thinking company committed to community and inclusivity.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: We value diversity and encourage applications from all backgrounds.
- Why this job: Make a real impact by providing financial guidance and improving processes in a dynamic environment.
- Qualifications: Qualified accountant with experience in finance, particularly in the construction sector.
The predicted salary is between 54000 - 54000 € per year.
The Commercial Accountant plays a key role in driving financial insight, supporting commercial decision making and monitoring and reporting on the financial health of the commercial entities. The postholder will be the financial point of contact for the business functions of the commercial business within Ongo’s group of companies, which currently consists of Ongo Roofing Limited, Ongo Heating and Plumbing Limited and Trent Valley Electrical Services Limited.
The postholder will lead on all finance matters including financial reporting and financial control for each entity. The role will require the postholder to provide well-informed and considered financial and business advice around strategic decision making to support the organisation in making financially sound choices. The Commercial Accountant will lead on identifying process and system improvements and will collaborate with colleagues across Ongo to introduce any enhancements identified.
Main Responsibilities:
- Commercial insight and decision making
- Through regular contact, and site visits where necessary, develop a strong working relationship with relevant stakeholders within each entity.
- Partner with relevant stakeholders to gain a full understanding of how the component parts of each entity operate in order that accurate financial advice and support can be offered to all.
- To familiarise yourself with the commercial five-year business plans and support the commercial managers to deliver against this plan.
- To effectively communicate financial information in a way that is concise and comprehensible that allows for better decision making.
- To provide accurate and informative financial information to enable strategic decisions to be taken.
- To offer guidance and business acumen to assist in decision making.
- To review financial information, offer an appropriate interpretation and provide critical analysis.
- To recognise where further analysis is required and produce the necessary data and commentary to enable business decisions to be taken.
- To ensure the commercial staff feel supported and challenged on financial matters.
- Process improvements
- To identify any areas where systems or process could be improved.
- To strengthen the effectiveness of existing systems, improve quality and consistency of outputs, introduce efficiencies, obtain best value and to reduce unnecessary workload.
- To work with the commercial managers to maximise the amount of relevant and accurate financial information that can be produced from the software packages in operation.
- To improve the information provided to colleagues, reduce complexity and ensure processes, information and reports are understood by all stakeholders.
- Management accounting
- To gain a full understanding of the drivers of income and expenditure to ensure actual results, year-end forecasts and future years’ budgets are prepared accurately.
- Produce, with the support of a Management Accountant, within ten working days of each month end, accurate monthly management accounts.
- Review inter-group trading and ensure the management accounts reflect an accurate position.
- Monthly statements of cash movements, including comparison with expectations.
- Hold monthly meetings with the commercial managers to discuss the value of work done, costs incurred and resultant profitability on contracts.
- Maintain knowledge of current contracts and tenders and their expected outcomes.
- Budgeting and forecasting
- To produce, with the support of the Management Accountant, monthly reforecasts and annual budgets.
- To produce cash flow forecasts for the current and following year.
- To fully utilise Ongo’s forecasting and budgeting software.
- Year end
- To assist the Financial Accountant in the preparation of the annual statutory accounts.
- Financial control
- Ensure tasks are completed effectively, using the minimum amount of manual processing to achieve the result required by the business.
- Support the team in educating and helping budget owners acquire knowledge and skills to understand financial processes, budgets and deliverables.
Skills, competence, experience required:
- Qualified accountant or exceptional qualified by experience, with a high level of understanding of the responsibilities fundamental to the role.
- A minimum of two years’ experience of working within a finance department in the construction sector.
- Demonstrable experience on dealing with medium to long-term contracts, work-in-progress, reporting on cost-plus contracts, and gross profit analysis.
- Ability to manage stakeholders in specialist areas.
- Good interpersonal and communication skills, with ability to communicate effectively with stakeholders at a variety of levels, orally and in writing.
- Highly IT literate, specifically in relation to finance systems and their efficient use and development.
For more about us, visit www.ongo.co.uk. We want our organisation to reflect the communities we serve, and we actively encourage applications from candidates of all backgrounds, particularly those from groups currently under‑represented in our workforce. As a Disability Confident Employer, we are committed to creating an inclusive and accessible recruitment process.
Commercial Accountant employer: Ongo Recruitment
Ongo is an exceptional employer that prioritises employee growth and development, offering a supportive work culture where collaboration and innovation thrive. With a commitment to inclusivity and community representation, Ongo provides its employees with opportunities for continuous improvement and professional advancement, all while ensuring a healthy work-life balance in a dynamic environment. Join us in making a meaningful impact within the commercial sector, where your contributions will be valued and recognised.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Accountant
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and construction sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching Ongo and its commercial entities. Understand their business model and financial strategies. This will help you tailor your answers and show that you're genuinely interested in contributing to their success.
✨Tip Number 3
Practice your financial storytelling skills! Be ready to explain complex financial concepts in simple terms. This is crucial for the Commercial Accountant role, as you'll need to communicate effectively with stakeholders at all levels.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining the Ongo team. Let’s get you that Commercial Accountant position!
We think you need these skills to ace Commercial Accountant
Some tips for your application 🫡
Know the Role Inside Out:Before you start writing, make sure you really understand what the Commercial Accountant role involves. Dive into the job description and highlight key responsibilities and skills. This will help you tailor your application to show how you fit the bill!
Show Off Your Experience:When you're crafting your application, don’t hold back on showcasing your relevant experience. Use specific examples from your past roles that demonstrate your financial acumen and ability to drive commercial insight. We want to see how you've made an impact before!
Keep It Clear and Concise:We love a well-structured application! Make sure your writing is clear and to the point. Avoid jargon where possible and focus on making your financial insights easy to understand. Remember, we’re looking for someone who can communicate effectively with stakeholders at all levels.
Apply Through Our Website:Once you’ve polished your application, head over to our website to submit it. Applying directly through our site ensures your application gets to the right people quickly. Plus, it shows us you’re keen to be part of the Ongo team!
How to prepare for a job interview at Ongo Recruitment
✨Know Your Numbers
As a Commercial Accountant, you’ll need to demonstrate your financial acumen. Brush up on key financial metrics and be ready to discuss how they impact decision-making. Familiarise yourself with Ongo’s financial health and be prepared to offer insights based on their current reports.
✨Understand the Business
Get to know Ongo’s group of companies and their operations. Research their five-year business plans and think about how your role can support these goals. Showing that you understand the business context will impress your interviewers and highlight your proactive approach.
✨Communicate Clearly
You’ll need to convey complex financial information in a way that’s easy to understand. Practice explaining financial concepts in simple terms. During the interview, focus on clarity and conciseness to ensure your points resonate with stakeholders at all levels.
✨Showcase Process Improvement Ideas
Ongo values efficiency and process improvements. Come prepared with examples of how you’ve identified and implemented enhancements in previous roles. Think about potential areas for improvement within Ongo’s finance function and be ready to discuss your ideas.
