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Manager, CAPEX Accounting (001715) in London at Inmarsat

Date Posted: 2/20/2018

Job Snapshot

Job Description

Primary role purpose:

Inmarsat has embarked on a journey to transform its Record to Report processes through the introduction of best practice SAP and business processes and controls.  As Manager, you will lead a team having primary responsibility for the stewardship of Inmarsat’s global CAPEX accounting processes and controls.  You will apply your knowledge of IFRS and employ best practice methods to accounting and reporting for CAPEX related transactions.  Inmarsat has a Capital Asset base of approximately $4 billion and annual CAPEX spending of around $0.5 billion. 

Through liaising with project managers and senior leadership, you will provide regular information on actual and forecasted spend, including commentary and analysis.  In addition, you will play an important role in the annual CAPEX budget process.

Job Requirements

Key Responsibilities:

Main deliverables and tasks will include:

  • Monthly CAPEX analysis for Internal Reporting
  • Analysis of actual spend against projects, budgets and forecasts
  • Initiating and approving journal entries and PO accruals as required
  • Overall ownership of CAPEX related internal reporting
  • Work with Business Units to ensure forecasts are prepared on a timely and accurate basis
  • Management and support of team
  • Day to day management and support, including objective setting and performance reviews
  • Reviewing working papers prepared by team of Accountants
  • Reviewing account reconciliations
  • Identifying areas to drive process efficiencies and strengthen internal controls
  • Coordination of process to capitalise employee time
  • Ensuring integrity of data in Project Management tool
  • Assisting Project Managers with general maintenance of Project Management tool
  • Supervision over the monthly process to record and report
  • Coordination of CAPEX spending and approval process
  • Responding to requests for authorisations to spend
  • Ensuring all necessary paperwork and authorisations are submitted and validated
  • Determination of start and completion dates for CAPEX projects
  • Ensure asset settlement complete and depreciation set up correctly
  • Assistance with budget reporting and budget processes
  • Provide financial information to operational leaders during the budget process


Essential Knowledge and Skills:

  • Professional accounting qualification or equivalent
  • Technically proficient in accounting to IFRS standards, particularly Property, Plant and Equipment and Intangible Assets
  • At least five years of experience with accounting, forecasting, budgeting and analysis within FTSE 100 or 250 companies
  • Experienced manager (3 years in an equivalent role)
  • Strong analytical and decision making skills
  • Strong people skills, confident and comfortable at engaging collaboratively in an intellectual and multinational environment. Strong verbal and written communication skills
  • Proactive individual with the ability to effectively manage various projects while adhering to deadlines
  • Have a solid appreciation of core best practice financial accounting standards, policies, processes and systems
  • Experience working in a SAP based accounting system and time management tools such Microsoft Project Server
  • Strong abilities in working with Microsoft Excel



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