Project & Asset Accountant (Finance Department)

Department: Finance & Procurement

Employment Type: Full Time

Location: Guernsey

Reporting To: Head of Finance

Description

Key Responsibilities

• To assist with the financial appraisal of investment opportunities and advise management accordingly. 
• Prepare supporting paper for audit scrutiny to justify and quantify proportion of maintenance and enhancement projects that can be capitalised. 
• To monitor spending on Revenue and Capital Projects and liaise with the relevant Departments to ensure that costs are correctly recorded, financial dimensions are correct and that projects are within budget. Ensuring that any Investment Projects are capitalised and closed in a timely manner and in accordance with the Business Process. 
• Monitors labour capitalisation against projects. 
• Monthly elimination of projects to fixed assets incl. monthly meter assets. EOY and monthly asset report preparation - reconciles fixed assets and WIP. Monitors capital and opex spend,  against budget and forecasts. Run monthly depreciation charge. 
• Resourcing rates for use in project ledger – evaluate annually to determine correct rates and apply to new staff/ changes (and evaluate alternative linkage to payroll) 
• New Connections and Deferred Income reconciliation. 
• Fixed assets write offs, impairments, disposals during year and annual reporting for audit. 
• Maintenance of fixed asset records re custodians, locations and groups. 
• Contributes capex data for quarterly shareholder performance report (in liaison with PMO dept) 
• A valued contributor to the continual development and improvement of the Company’s short and long-term financial modelling, in order to inform and support key business decision making. 
• Ensure delivery of insightful, accurate and timely business and financial analysis. 
• A valued contributor to the production of the annual budget/rolling forecast of the business and to deliver summary analysis of actual results against budget.  
• To co-ordinate the production of information and explanations to external stakeholders for compliance, regulatory and auditing purposes.    
• Essential contributor to the financial year reporting and audit team. 
• Update the fixed asset standard operating procedures (SOPs) and policies. 
• Participates in special projects from the Directors, the Head of Finance, and other managers across the business. 
• Demonstrate the core values and behaviours of Guernsey Electricity Limited. 

Skills, Knowledge and Expertise

•  Part qualified accountant or qualified by experience in financial and management accounting.
• Experience of computerised ledger accounting systems, preferably including Microsoft Dynamics 365 and Power BI
• Ability to discuss financial information with non-financial managers.
• Technical understanding and experience of project appraisal and business cases
• Ability to analyse and present numerical data effectively. 
• Ability to work to deadlines and cope with periods of pressurised working.
• Ability to work under own initiative and as part of a team.
• Advanced IT skills (particularly Microsoft Excel)
• (Once in the role) demonstrates a current knowledge of the functional structure of Guernsey Electricity Limited, its mission, objectives, strategy and critical success factors. 

Why join Guernsey Electricity Limited