Company Description Inmarsat has been at the forefront of global mobile satellite communications for over forty years, and is the market leading provider of voice and high-speed data communications for users on land, at sea and in the air through its constellation of 15 geostationary satellites.
Inmarsat is a privately owned company with a profitable track record and significant growth aspirations.
This is represented by more than 55 nationalities in the workforce, reflecting the global and dynamic nature of the business.
With an investment of over $3 billion in its latest network infrastructure, Inmarsat is at the forefront of global mobile communications innovation.
Chief Finance Office Inmarsat’s Chief Finance Office (CFO) processes millions of transactions a month that enable us to interact efficiently with our suppliers, customers, trading partners and regulators.
We make sure that the Company is properly funded and well controlled, that our taxes are paid and that shareholders and banks continue to support our plans.
Our commercial teams help ensure that the business takes sound decisions through robust planning, careful pricing, sound contracts, skilled procurement and rigorous evaluation of every major business decision.
Job Description Primary role purpose:
An excellent opportunity has arisen for an ambitious individual to join the small, high-profile Group Finance Team which is responsible for:
Monthly consolidation Group External Financial Reporting Annual Report (back half) Statutory reporting for all legal entities Quarterly reporting Investor Relations support Audit committee reporting The external audit relationship Providing accounting and commercial support to organisation Own the Group accounting policies Supporting tax, legal and cosec teams with compliance reporting requirements This is role is for a newly qualified professional accountant (ACA) who is keen to consolidate his/her financial reporting knowledge working with a “blue chip” financial reporting team.
Qualifications Responsibilities The successful candidate will be responsible for the preparation of month end journals, reconciliations, financial statements, and other financial accounting activities within the central Group Financial Reporting team.
This will include posting journals in relation to complex accounting areas.
The candidate will work closely with other Inmarsat teams (including Financial Operations, Company Secretarial, Tax, & Treasury) ensuring all numbers are recorded accurately and that there is a clear communication between the teams.
Preparing the journals for complex accounting areas specifically relating to IFRS-16 leases, equity-based payments, pension accounting and hedging.
Reviewing consolidation entries for intercompany trade balance sheet accounts (including accounts receivable, accounts payable, prepayments and accruals).
This includes working with the Financial Operations team to ensure appropriate elimination in SAP, while ensuring an appropriate elimination in Adaptive Insights.
Reviewing balance sheet eliminations for all Group entities not on SAP, liaising with local accountants and the Group revenue team to ensure balances are aligned on both sides.
Preparation of statutory accounts (in multiple currencies) within the Group.
Preparation of notes for the Group Consolidated Financial Statements.
Preparing the monthly cashflow to be included as part of the monthly management reporting.
Management of the Group Financial Reporting cost centre, tracking all PR and POs to ensure they are in line with fee quotes and forecasts.
Working with Accounts Payable to ensure vendors are paid on time and working with the P2P team to accurately record month end accruals.
Management of the preparation and submission of various statistical returns for government agencies from around the world, ensuring that these are fairly distributed amongst the team and completed on time.
Providing support for the posting all journals relating to treasury transactions and reconciling between the treasury management system (TMS) and SAP.
Review of both external and intercompany borrowings and interest on a monthly basis.
Supporting the business in accounting for the acquisition and future USGAAP reporting requirements.
Supporting the control environment (specifically in respect to SoX), including GL reconciliations (utilising the Blackline application).
Essential Knowledge and Skills:
Newly qualified ACA (or equivalent) professional accounting qualification.
Working knowledge of accounting principles, standards, IFRS (Knowledge of USGAAP accounting principles would be beneficial, but not essential).
Experience in a SOX control environment would be beneficial, but not essential.
Big 4 experience or equivalent would be beneficial.
Analytical and technical accounting skills.
Strong knowledge of excel – including pivot tables and V-Look ups.
Experience of SAP, Adaptive Insights and Blackline would be an advantage but is not essential.
Flexible, hard-working and results oriented.
Additional Information You must be eligible to work in this location advertised.
Our culture and ways of working Our values define Inmarsat’s culture and represent what we believe in.
Inmarsat employees aspire to behaviours that support our values, which create a stronger working environment and lie at the heart of our continued success as an organisation.
Customer – we provide a unique value to our customers Accountability – we take ownership, we deliver results, and we keep our promises Respect – we collaborate, we embrace and celebrate diversity and we value difference Excellence – we create bold solutions for our customers and put quality at the heart of everything we do We also value and encourage a healthy work-life balance, so we offer flexible working wherever possible.
Depending on the operational requirements of your job and your team, we can offer compressed hours (nine-day fortnight), hybrid office-remote working, and flexibility during your working day to take care of personal commitments.
Diversity At Inmarsat we want the best people for the job, and we warmly welcome applications from you if you’re suitably qualified and eligible, regardless of your sex, gender, age, race, ethnicity, disability, sexuality, gender identity, neurodiverse qualities, religion or belief, marital status, pregnancy, or maternity status.
Inmarsat is signed up to the Halo Hair Code, which aims to protect employees who come to work with natural hair and protective hairstyles associated with their racial, ethnic, and cultural identities.
To give you the best experience possible during your application process and interview, we can make adjustments.
For example, if you’re visually impaired we’ll happily meet you locally and help you find your way to our office, or if you have neurodiverse qualities, we can provide you with additional support to help you prepare for your interview.
Please let our Resourcing Team know if there are any ways in which we can support you.
