Financial Accountant (Early or Part Qualified)

VIRGIN ATLANTIC LIMITED; Crawley; Hybrid; GBP 35,000 - 55,000

Job description

Financial Accountant (Early or Part Qualified)

Job Details

Salary: Competitive per annum

Hours: 37.5 per week, Monday to Friday

Location: Hybrid, 3 days a week in our VHQ, Crawley

Contract: 12 month fixed term contract

Closing Date: 4th April 2025

Virgin Atlantic is a ground-breaking long-haul airline. Committed to protecting the planet, whilst bringing the social and economic benefits of connectivity and trade to the destinations and communities we serve. At Virgin Atlantic, we're committed to innovation, pioneering change through partnership, and being transparent in our progress.

In a nutshell

The purpose of this role is to establish, operate, and maintain the financial accounting processes for intercompany transactions and foreign exchange revaluation for the Group. This role is accountable for delivering accurate, reliable, and timely books of account for the Group with respect to the items within the remit of the role. You will also be supporting the work of the Accountant Financial Reporting with respect to the production of financial statements and month-end reporting.

Accurately and promptly manage accounting for intercompany transactions each month. Record relevant journals in the appropriate entities within the Group. Reconcile the intercompany matrix, resolve any discrepancies during the month-end close. Calculate and prepare intercompany elimination journals for consolidation, ensuring accurate intercompany positions at all consolidation levels.

Coordinate the upload and maintenance of foreign currency exchange rates in Oracle. Ensure the accuracy of unrealised FX gains and losses generated via Oracle auto-revaluation. Validate journal entry accuracy and promptly post them to avoid month-end close delays.

The role includes preparing regulatory reports for collaborators such as CAA/ABTA/ATOL/ONS etc.

Maintain up-to-date reconciliations, communicate with the department, control and document system/accounting process changes, and perform accurate accounting with minimal adjustments.

Day to day

• Responsible for posting intercompany journal entries into the general ledger and reconciliation of all intercompany positions at each reporting date.
• Calculation and journal entries for intercompany eliminations at all levels of consolidation.
• Other ad hoc month-end journal entries and tasks as required.
• Responsible for the upload and maintenance of foreign currency exchange rates in Oracle.
• Validating the accuracy of and posting into the general ledger unrealised FX gains/losses generated via the Oracle auto-revaluation.
• Responsible for preparation of quarterly and annual compliance reporting as required by regulators, official bodies or other third parties.
• Support the Financial Reporting team through the annual audit and year-end reporting cycle, including assisting with preparation of statutory accounts for the group and subsidiary companies.

About you

• ACA, ACCA, CIMA trainee (early studier or part qualified level)
• A good appreciation of accounting standards and double entry bookkeeping
• Strong systems knowledge and experience (mandatory). Understanding of Oracle Financials is desirable.
• Ability to optimise processes, identifying weak processes and opportunities for improvement
• Experience of working within a fast-paced finance department or audit firm, resilient personality, and the ability to self-motivate
• Excellent written and verbal communication skills; ability to distil complex accounting/transactional flows or processes into clear simple messages
• Proven capability to prioritise work, working under pressure and delivering to tight deadlines
• Strong attention to detail and high analytical capability
• Strong on MS Office, in particular Excel

Our recipe for leadership

At Virgin Atlantic, our leaders empower teams to thrive through collaboration, innovation, and excellence. Explore our Leadership Recipe and discover the 20 core ingredients that define what it means to lead with us, driving our mission to be the most loved travel company and achieve sustainable profit.

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.