Accountant – Group Capital: Virgin Atlantic

Accountant – Group Capital

Job Details Salary: Competitive

Location: Crawley VHQ

Contract: 16 month FTC Hours: 37.5 hours a week

Closing: Friday 9 June 2023

In a nutshell

At Virgin Atlantic Airways, we believe that everyone can take on the world, and it's our vision to become the most loved travel company. As we embark on this next exciting stage of our journey, we're harnessing our spirit of entrepreneurship and innovation to challenge the status quo.   We love to disrupt the market and lead the way with fresh ideas. Bringing new approaches to the industry and remaining a loud and proud voice for positive change - be it on issues of sustainability, people, or our communities. So, if you're ready to take your career to new heights, read on.   The purpose of this role is to establish, operate and control the capital accounting processes of the Group balance sheet.

This role must deliver accurate, reliable and timely books of account for the VAL Group and its subsidiaries as well as oversee the operation of IFRS compliant capital accounting.  

Day to day

Some of your key responsibilities as our Accountant specialising in Capital Accounting will be: This role will be part of an established team who are responsible for delivering high quality, accurate, reliable and technically complete capital accounting expertise for all entities within the VAL Group (including VAA and VAH).

The role will require working closely with the Senior Manager - Group Financial Reporting as well as VP Financial Operations & Procurement to ensure all aspects of the Group's Capital transactions are gathered and reported accurately. Supervising all aspects of PPE, intangibles and related accounting. In particular the capitalisation and accounting for the aircraft fleet, IT projects and inventory accounting. Accounting for key judgements surrounding the capitalisation, disposal or impairment of assets as well as supporting the work of others with respect to the opex/capex of WIP. Interfacing of the inventory system [Ultramain] with Oracle G/L, ensuring appropriate accounting and controls for inventory, including sales and loans.

You will be accountable for ensuring that the overall balance sheet is controlled with respect to PPE and Intangibles through reconciliations appropriate workings and accounting papers to support judgements taken (particularly relevant for aircraft transactions). Ensuring that depreciation is run and posted the end of each reporting period, with an accurate lead schedule, and fixed asset register maintained under IFRS at all times. Maintaining the interface between Ultramain and Oracle G/L, and have a good understanding of Oracle fixed asset accounting. Over the longer term you will be supporting the delivery of implementing our new ERP, Oracle Fusion.  

About you

Are you a passionate accounting specialist who loves partnering with a diverse breadth of people?   This role is an exciting opportunity for someone with strong management and interpersonal skills, along with an analytical capability.   

In addition to the above, we'd love for our successful candidate to demonstrate the following: ACA/ACCA qualification with a proven background in IFRS Appreciation of management accounting and financial systems - preferably Oracle financials (FA Module in particular) with the skill to implement new systems and accounting modules. Business Objects user experience Ability to dissect, redesign and implement process change. Risk assessment and design of appropriate, proportionate controls. If this sounds like you, and you wish to be on this exciting journey with us, we would love to hear from you!  

Be yourself

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, (recruitment@fly.virgin.com) feeling confident that we've got your individual considerations covered.