Senior Accountant (Rates)

Job Description

Job Title: Senior Accountant – Rates

Location: Portsmouth. We offer a range of hybrid and flexible working arrangements – please speak to your recruiter about the options for this particular role.

Salary: £55,000+ depending on skills and experience

What you’ll be doing:

• Timely and accurate submission of statutory supplier reports to the Regulator and supporting rates claims to the MoD
• Regular liaison and active engagement with the customer auditors to effectively co-ordinate audit activities
• High quality audit query responses, through effective collaboration with other parts of Finance and the wider business
• Calculation of robust and timely Actual, Forecast and Estimate Business Rates, underpinned by agreed Business assumptions, with a clear articulation of movements and impacts
• Support to Business Partners through ad-hoc scenario rates modelling
• Support to the Rates Capability Centre on its transformation journey, through sharing of learning, ongoing collaboration, delivery of change work packages and active engagement with other team members

Your skills and experiences:

Essential:

• Good understanding of the role of rates in business planning processes, bid work, and cost recovery
• Customer service mindset
• Microsoft Excel skills and proven experience in financial modelling
• Strength in analysis of data and provision of relevant management information to enable decision making
• Experience using ERP systems / Planning Analytics
• Holds a Accounting qualification or studying towards

Desirable:

• Experience of engaging with auditors and coordinating audit responses effectively
• Good knowledge of Single Source Contracting Regulations, in particular Allowable Cost Guidance
• Good understanding of MOD Accounting rules

Benefits:

As well as a competitive pension scheme, BAE Systems also offers employee share plans, an extensive range of flexible discounted health, wellbeing and lifestyle benefits, including a green car scheme, private health plans and shopping discounts – you may also be eligible for an annual incentive.

The Analyst Team:

Join a dynamic and forward-thinking team within Head Office, supporting the Maritime Services business, reporting directly to the Maritime + Land Sector Senior Finance Manager for Rates. You’ll play a crucial part in ensuring the smooth running of the business through calculation of actual and estimate costing and pricing rates. You will collaborate closely with key stakeholders across the Finance function and will need to build strong relationships with our main external customer, the auditors in the UK MOD. Together with Rates Analysts from across the UK, you will work on standardising and improving the rates services offered by our Capability Centre.

Why BAE Systems?

This is a place where you’ll be able to make a real difference. You’ll be part of an inclusive culture that values diversity, rewards integrity, and merit, and where you’ll be empowered to fulfil your potential. We welcome candidates from all backgrounds and particularly from sections of the community who are currently underrepresented within our industry, including women, ethnic minorities, people with disabilities and LGBTQ+ individuals. We also want to make sure that our recruitment processes are as inclusive as possible. If you have a disability or health condition (for example dyslexia, autism, an anxiety disorder etc.) that may affect your performance in certain assessment types, please speak to your recruiter about potential reasonable adjustments.

Please be aware that many roles at BAE Systems are subject to both security and export control restrictions. These restrictions mean that factors such as your nationality, any nationalities you may have previously held, and your place of birth can restrict the roles you are eligible to perform within the organisation. All applicants must as a minimum achieve Baseline Personnel Security Standard. Many roles also require higher levels of National Security Vetting where applicants must typically have 5 to 10 years of continuous residency in the UK depending on the vetting level required for the role, to allow for meaningful security vetting checks.

Closing Date: 16th December 2024

We reserve the right to close this vacancy early if we receive sufficient applications for the role. Therefore, if you are interested, please submit your application as early as possible.

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