Financial Accounting Manager

Salary: Competitive

Hours: 37.5hrs Monday-Friday

Location: The VHQ, Crawley expectations 2-3 days per week in the office

Contract: 12 Month maternity cover 12 months

Closing Date: Sunday, 2 October 2022

Many of our staff at Virgin work flexibly and in many different ways, different core hours or remote working. Please talk to us at your application or interview stage about the flexibility you need. We can't promise to give you exactly what you want, but we are happy to explore what's possible for the role.

In a nutshell

A phenomenal opportunity has arisen for a Financial Accounting Manager known internally as our Cashbook manager as we embark on an exciting time of strategic change projects, which will have a significant impact on the way we reconcile and report on cash. This role will be pivotal in guiding the team through the next year of change, including implementing a new Sales to Cash reconciliation process and a new ERP accounting system whilst contributing to and testing the integrity of backend cash processes impacted by new Payment Platforms.

This is an extremely visible role and will be a key contact for project and business teams looking to implement change. Taking ownership of the completeness of reporting for VAA & VAH cash and bank balances ensuring all accounting and reporting commitments are met.

Day to day

Month End & Balance Sheet Control:

• Supervision of month end cashbook close process ensuring all necessary postings are prepared and accurately coded to the GL

• Oversight of a strong and robust bank and cash reconciliation process, ensuring movements are understood and reconciling items are cleared off in a timely manner

• Challenging other teams to justify entries affecting cash and bank balances

• Ensuring accruals and unremitted cash are monitored and sufficiently backed up with appropriate evidence and documentation

• Leading detailed investigations into Sales to Cash reconciliations to explain movements and variances in balances

Process, systems, and projects:

• Motivate the team to build and maintain process maps documentation which clearly sets out key handoffs and controls for all key processes.

• Identify and resolve issues which impede the reconciliation process by working with the Revenue Accounting, Working Capital and Financial Accounting teams in the UK and overseas.

• Spearhead effort to drive greater efficiencies in processes and reporting through the implementation of dashboards and automation tools

• Contribute to, assist project teams and where required lead implementation of small and large scale change in cash accounting processes

Team and people development:

• Lead, manage and develop the team and their performance, providing constructive feedback where necessary

• Deliver appropriate skills development plans tailored to the team's needs, providing clear objectives to measure and support performance and development

About you

Ready to take your next step into a finance team leadership role, contributing to core accounting objectives and business-critical projects.

In addition to the above, we’re looking for:

• Excellent double entry bookkeeping skills with the ability to articulate technical transactional processes.

• Strong appreciation of cashbook accounting and financial systems – preferably Oracle financials/TM1/Business Objects.

• Strong ability to exercise independent professional judgement and problem-solving skills within an overall business context.

• Ability to dissect, redesign and implement process simplification identifying weak processes and controls for improvement.

• Proven capability to prioritise work, often under pressure with conflicting priorities.

• Positive and pragmatic approach to achieving results, with excellent planning and delegation skills

• Strong in MS Office, in particular Excel and presentation tools (Visio, Power BI & PowerPoint preferred).

• Qualified ACCA or ACA professional (preferred).

• Understanding of revenue accounting, credit card & refund processes - effect on cash reconciliations (preferred).

Sound exciting. Then we would love to hear from you!

Be yourself – Our differences make us stronger

Our customers come from all walks of life and so do our colleagues. That’s why we’re proud to be an equal opportunity employer, and actively encourage applications from all backgrounds. At Virgin Atlantic we believe everyone can take on the world - no matter your age, gender, gender identity, gender expression, ethnicity, sexual orientation, disabilities, religion, or beliefs. We celebrate difference, and everything that makes our colleagues unique, by upholding an inclusive environment in which we can all thrive. So that everyone at Virgin Atlantic can be themselves and know they belong.

To make your journey with us accessible, and individual to you, we encourage you to let us know if you’d like a little extra help with your application, or if you have any individual requirements at any stage along your recruitment journey. We are here to support you, so please reach out to our team, feeling confident that we’ve got your individual considerations covered.

You'll be assessed against our values for a selection of your interview process, learn more about them here: Our Values