Senior Financial Analyst
Posted 2 weeks ago by Kintec Global Recruitment
Negotiable
Inside
Undetermined
London Area, United Kingdom
Summary: The Senior Financial Analyst role is focused on providing professional financial administrative support for expatriate operations within a leading global energy operator. The position involves managing accounts payable processes, ensuring compliance with internal controls, and facilitating accurate financial reporting. The analyst will work closely with internal stakeholders and service providers to streamline invoicing and financial operations. This role is critical for maintaining effective financial oversight and supporting the company's international workforce.
Key Responsibilities:
- Administrative support for managing expatriate organizational structures in HCM.
- Perform pre-invoicing controls and verification of Work Progress Statements.
- Timely production of revenue invoices and ensuring accuracy of billing information.
- Prepare ODV for approval in SAP and relevant supporting documentation.
- Analyze invoices received into the E&P VIM system and investigate cost allocations.
- Assist and support Junior Financial Administrative Assistant.
- Record monthly and quarterly accruals and manage accrual closures.
- Support forecast, close, and budget activities, focusing on expatriate costs.
- Contribute to the design and management of workflows for invoices related to secondment arrangements.
Key Skills:
- Experience in financial administration and accounts payable processes.
- Proficiency in SAP and financial reporting tools.
- Strong analytical skills for invoice and cost allocation analysis.
- Ability to manage multiple tasks and meet deadlines.
- Excellent communication skills for liaising with internal and external stakeholders.
- Understanding of VAT and tax regulations related to invoicing.
- Experience in managing expatriate financial operations.
Salary (Rate): undetermined
City: London
Country: United Kingdom
Working Arrangements: undetermined
IR35 Status: inside IR35
Seniority Level: undetermined
Industry: Other
Job Title: Senior Financial Analyst
Location: London, UK
Client: Leading Global Energy Operator
Start Date: ASAP
Contract Duration: 12 Months (Extendable Contract)
Determination: Inside IR35
Job Description
Purpose of the role :Our client requires professional Senior Financial Administrative assistance to support its operations for its internationally assigned employees based in the offices in Europe. Our client can offer this service due to its expertise on people management for the company worldwide and experience in providing financial administrative support services for companies with the Client group .The role ensures effective administrative and accounting oversight of activities related to the accounts payable cycle and supporting processes transferred to the company, guaranteeing compliance with internal controls, accounting rules, and Group procedures. The position acts as a key interface with internal stakeholders and service providers, contributing to accurate financial reporting and closing processes .
Key responsibilitie s:
- Administrative Suppo rt Checking with HR the relevant setup of Organizational Structures in HCM for the management of expatriates (Organizational Units – Position s);
- Financial Administrative Support for Invoi cing Perform pre-invoicing controls and verification of Work Progress Statements (SAL)Timely production of Revenue invoices liaising with business units to ensure accurate and prompt action within monthly dead linesCheck that all relevant information is correct (billing rates, client contact details, correct currency, expenses etc) and correct application of VAT and/or other relevant taxes (if applicable) reference to the con tractPrepare ODV (draft sales order) for approval in SAP.Prepare relevant spreadsheet supporting back up documentation (invoices or other) as req uiredFollowing up on ODV draft invoice authoris ation
- Financial Administrative Support for Clearing of B acklog Analysis of invoices received into the E&P VIM system, which is the dedicated workflow for the management of approval of in voices.Understand and investigate correct allocation of costs. Entering of service entries in SAP.Assist and support Junior Financial Administrative As sistantAd-hoc duties and projects as per business requi rement.
- Monthly Financial Administrative Support Record monthly and quarterly accruals by nature, supplier, and currency, including reconciliation and alignment analyses.Manage accrual closures and related communications to ensure accounting balancing and timely financi al close.Support Forecast, Close and Budget (FCT & Budget) activities, including determination of standard unit costs and labour costs (with specific focus on expa triates).Support hard closing activities, addressing outstanding accruals and liaising with Administration to assess closure or mai ntenance.Contribute to the design and management of dedicated workflows (e.g. within VIM) for invoices related to secondment arra ngements.
EDUCATION AND QUAL IFICATION SINTERNAL (Direct and functional reporting relationships; interaction within and between departments and f unctions).Initial point of contact for invoice-related queries and/or issues internally or externallyInteraction with other finance tea m members.Interaction with other members of other departments withi n the teamClose working relationship with Managers.Liaising with internal departments and group companies a s requiredLiaising with European finance team and ensure that all information required is provided in a tim ely mannerLiasing with accountants and ensure that all information required is provided in a tim ely mann er
EXTERNAL (Liaison requirements with other companies; consultants; agencies; professional associations; peer groups etc)Relations with other Group Divisions and Companies for the recharges.