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Financial Accountant / Operations Assistant

Morson Talent
Farnborough, Hampshire, United Kingdom
Competitive Salary
Closing date
Feb 13, 2024

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Job Role
Financial Accountant
Contract Type
Full Time
Circa £ 33.07 Umbrella / Circa £ 25.00 PAYE

Job Summary

AALTO HAPS is looking for an experienced financial accountant to join our team as we establish our new entity and scale up business activity. You will be part of a small team moving all accounting functions ‘in-house'. There will be lots of opportunity to establish new processes to support a growing business. So flexibility and willingness to take on new challenges is essential.
You will work on month end close, regulatory and financial reporting, external audit, budget and forecast preparation. This role will be reporting to the Head of Financial Control and offers hybrid working, based at Farnborough, Hampshire, UK.

The Company
Developed by Airbus, the AALTO HAPS Zephyr is a solar-electric unmanned aircraft system (UAS).
Capable of flying continuously for months at a time at around 70,000 feet, above weather and conventional air traffic, the aircraft acts as a platform for telecommunications and earth- observation applications.
Following significant success in its testing, product development and certification, the Zephyr program operations have now been carved out of Airbus into AALTO HAPS ltd, a newly established separate entity to further scale the business with commercial customers and involve third party investors into the program.

Job Profile

Key Duties
This will be a very ‘hands on' role as we move all accounting activity in-house and introduce new accounting systems
• Financial and GL Accounting
• Lead month-end and year-end close process
• Preparation of the budget and financial forecasts and variance analysis
• Preparation of regulatory reporting & government statistics
• Preparation of VAT & Tax returns
• Support AP, AR & purchase order approvals processes
• Lead external audit activity
• Support accounting for US legal entity
• Support the development and documentation of business processes and accounting policies to maintain and strengthen internal controls

Key Requirements
• Proven experience as a financial accountant or similar role holding a recognised UK or US Accounting qualification (ACA, ACMA, ACCA, CPA etc.)
• Demonstrable evidence of creating financial statements (UK GAAP or IFRS) from an extended trial balance (ETB) for a large entity (GBP £20m+ turnover)
• Demonstrable evidence of managing an audit for a large entity (GBP £20m+ turnover)
• Experience in developing and implementing appropriate financial controls
• You must have a flexible attitude to support additional requirements for this dynamic start up.

Desirable Skills & Experience
• Prior experience with US GAAP reporting
• Experience using MS Dynamics or SAP
• Previous start up/scale up experience
• Experience with setting up or managing an Accounts Payable (AP) function
• Demonstrable practical knowledge of revenue recognition /accounting for Leases/Fixed asset accounting?

Requirements and Skills
• Thorough knowledge of accounting principles and procedures
• Experience with general ledger functions and the month-end/year end close process
• Prior experience with US GAAP reporting is desirable
• Experience using MS Dynamics or SAP is beneficial
• Previous start up/scale up experience is desirable

The successful candidate will be required to apply for and receive a basic disclosure certificate prior to commencement of the contract.
Applications are via - https:// - at a fee of £23 which will need to be paid by card in full at the end of the application process. The cost of the application is only recoverable from the client once the contractor has started and that recovery of costs is via the expense process.

The successful candidate will be required to pass BPSS security clearance before confirmation of contract offer.

AALTO HAPS Zephyr; Solar-electric unmanned aircraft system (UAS); Financial and GL Accounting; Year-end close process; Budget and financial forecasts; Variance analysis; Regulatory reporting; VAT & Tax returns; AP, AR & purchase order approvals processes; Financial controls; US GAAP reporting; MS Dynamics or SAP; Accounts Payable (AP); Revenue recognition; Accounting for Leases/Fixed asset accounting; Accounting principles and procedures; Month-end/year end close process

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