At a Glance
- Tasks: Support strategic decision-making with insightful financial analysis and drive continuous improvement.
- Company: Join a dynamic finance team at a leading company in the UK and Europe.
- Benefits: Full-time role with opportunities for travel and professional growth.
- Other info: Collaborative environment with a focus on innovation and improvement initiatives.
- Why this job: Be a key player in shaping financial performance and making impactful decisions.
- Qualifications: Qualified Accountant with 3+ years of finance experience and strong communication skills.
The predicted salary is between 60000 - 70000 £ per year.
- Local Position Title
- Commercial Accountant
- Job Location
- Sandiacre
- Job Type
- Full Time
- Job Details
JOB PURPOSE
Reporting to the Head of Finance EMDL, the Commercial Accountant will be a key member of the finance team.
They will develop close working relationships with the Senior Management team supporting strategic decision making by providing meaningful and insightful analysis based on accurate and timely data.
The role involves being a true Business Partner, constantly challenging financial performance in conjunction with the business unit operational team with the objective of stimulating and driving a culture of continuous improvement.
JOB RELATED STATISTICS
- Responsible for commercial challenge and support to the £75m EMDL business within the UK and Europe
- Supporting and challenging the teams in the Business - Operations, Commercial, Inventory
- Progress Rail UK finance team is based in Sandiacre.
The EMDL business is run from 2 primary locations: Longport & Doncaster.
Expected to travel to these sites to meet operational & commercial teams as required.
In addition, there will be ad hoc travel to the European sites in Belgium & Germany.
JOB DUTIES
- Conduct contract reviews and have a thorough understanding of the financial implications, ensuring we have any necessary controls in place
- Work closely with the Operational Managers and Contract Managers to drive the monthly forecasting process for each contract, maintaining transparency and accuracy of profitability.
- Support financially on any new bids/tenders
- Ensure the correct revenue is recognised monthly based on long term contract accounting methodology
- Liaise with the billing team to ensure accurate invoicing to the contract
- Regular updates and review of contract performance with Management, including cost centre reporting
- Deputies for the Head of Finance EMDL
- Supporting the annual budgeting and forecasting preparation and comparison to actual performance, with specific focus on product/customer sales and margins
- Ad hoc financial and non financial support to local management
- Ensure all activities meet the objectives of standardised reporting and standardised working practices across the UK and EU
- Supporting with Internal and External Audit requirements
- Proactive development of improvement initiatives and management of related projects
- Ensure accounting policies and procedures are followed
- Ensure all reporting timetables are met
- Contribute to team effort in meeting individual and collective deadlines.
BACKGROUND/EXPERIENCE
- Qualified Accountant (CIMA/ACCA/CA)
- Minimum of 3 years finance experience
- Excellent Communicator with a proven ability to build relationships at all levels across the business
- Confidence to travel to depots regularly to meet with Business Partners
- Attention to detail and have a 'right first time' attitude
- Ability to produce and present business cases/reports
- Self-motivated and flexible individual who is a strong team player
- Proactive approach to identification and resolution of improvement opportunities
- Ability to adapt to change quickly and prioritise multiple demands
- Ability to understand the business strategy and make decisions within the context of the bigger picture
- Up to date working knowledge and experience of current Accounting Regulations
- Experience of ERP systems, Microsoft Office packages, particularly excel
- #J-18808-Ljbffr
Commercial Accountant (replacement for Matthew Calvert) employer: Progress Rail Services Corporation
Progress Rail Services Corporation is an excellent employer, offering a dynamic work environment in Stoke-on-Trent where you can make a meaningful impact on HR practices across the UK and Europe. With competitive salaries, generous benefits, and a strong commitment to employee development, we foster a culture of collaboration and growth, ensuring that our team members thrive both personally and professionally in the manufacturing and rail sectors.
Contact Details:
Progress Rail Services Corporation Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Accountant (replacement for Matthew Calvert)
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Progress Rail Services Corporation. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Commercial Accountant (replacement for Matthew Calvert)
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Progress Rail Services Corporation.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Progress Rail Services Corporation's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Progress Rail Services Corporation
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Progress Rail Services Corporation.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Progress Rail Services Corporation will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Progress Rail Services Corporation employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
