Assistant Commercial Accountant

June 19, 2019 | Comments Off on Assistant Commercial Accountant

Title: Assistant Commercial Accountant

Salary and benefits: Competitive Salary, Pension Matched to 7.5%, two Share Scheme options, 26 days Annual Leave, Discounts at over 800 retailers.

Location: Falkirk

Business area: Utilities - Scotia Gas and Scottish Water Frameworks

Closing date for applications 03/07/2019

Introduction:

This is an exciting opportunity for a customer-centric Assistant Commercial Accountant within Kier Utilities, to work on the Scotia Gas and Scottish Water Frameworks.

Key Responsibilities:
  • Manage invoicing for Scottish Water, highlighting unpaid balances and escalating as required
  • Monitor SGN cash and WIP, highlighting key issues and escalating as required
  • Collate weekly cash forecasts for submission to Regulated Finance
  • Complete balance sheet recs for review with Commercial Accountant each period
  • Understand ageing of accruals, reviewing and agreeing actions with Commercial Accountant
  • Review costs (plant, materials, payroll) and any outstanding actions relating to these costs on a weekly basis and work with the Commercial Accountant to ensure ongoing issues are escalated and resolved.
  • Support the Commercial Accountant in the development of dashboards for Gas and Water to provide ongoing understanding of performance against KPIs.

  • Key Deliverables:


    Cash
    Scottish Water
  • Send invoices to SW within 24 hours of certificate being received, and upload to ECM (peak activity in weeks 2&3)
  • Keep master invoice file up-to-date with SW PO information, payments received, reconcile to Aged Debtors report and chase SW for payment when appropriate.
  • Collate weekly cash forecast for review with Commercial Accountant (weekly)
  • Update weekly cash conversion report with any new invoicing or payment information for review with Commercial Accountant (weekly)
  • Scotia Gas
  • Provide weekly report on WIP including ageing of overdue claims in CIPs and reconciliation between CIPS and IMS for review with Commercial Accountant (weekly)
  • Collate weekly cash forecast for review with Commercial Accountant (weekly)

  • Process monitoring
    Both Contracts
  • Update admin KPI tracker and review with Commercial Accountant (weekly)
  • Review the following reports highlighting key issues that need to be escalated and resolved - Invoice Query, Plant Tracking and Exception Report, P-Card outstanding actions, Purchasing Governance Reports.
  • Monitor weekly value of plant by team and highlight any movement or change in trend.

  • Cost Control and Allocation

    Scottish Water
  • Review cost allocation by gang and highlight any potential miscoding (weekly)
  • Scotia Gas
  • Run IMS report on hours by job by team and provide coding to Reg Finance to allow correct posting of weekly payroll. (weekly)
  • Use job by team information to reallocate plant to correct job and post journal (weekly)

  • Period End / Core Finance
  • P-Card reconciliation to be completed along with posting to CPA and CFA and accrual calculation to be included in contract CVR (monthly)
  • Review accruals where GRN date is greater than 4 months old and no invoice received and delete if appropriate
  • Review plant in ECM versus CPA ensuring both systems in line and taking action to correct where appropriate

  • Skills and Experience:

  • Excellent excel skills - pivot tables, lookups
  • Analytical, inquisitive
  • Ability to work in a team or independently
  • Excellent communication skills
  • Experience of working in finance preferably in a contract environment
  • Accounting experience - ideally studying towards an accountancy qualification

  • About Kier:

    Make the journey. Leave a legacy.

    Being part of Kier means living our values of being collaborative, enthusiastic and forward thinking. We all have the potential to shape our world, and it's through these values that we will leave a lasting legacy. Bring your talent and ambition to Kier and you will be given the scope and opportunity to invest in your own future, to build your expertise and contribute to a rich and diverse culture.

    Kier is an inclusive employer.

    Let's shape your world together.