Capital Accountant job description

Responsible for Capital and Admin Project accounting including;
- Support for business case development.
- Medium Term Forecasting.
- Budgeting.
 Short Term Forecasting.
- Monthly Reporting.
- Providing a project support function to the Project Management team embedded in company divisions.

To support the Capital Accountants in Budgeting and Forecasting:

To produce and maintain medium term plan for capital project expenditure.

To prepare, set up and maintain capital budgets on SAP.
To prepare and maintain capital project short term forecasts.

To prepare depreciation and balance sheet information and
supporting commentary and analysis for the business accounting teams as required.

To support the Capital Accountants in Investment Appraisal:

To work with Management and Project Directors to develop business cases.

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To implement standard processes and procedures for investment appraisals and depreciation methods.

To undertake post implementation review for all investment cases that require them.

To collaborate with embedded divisional finance teams in order to review and validate the financial schedules and cost/benefit analysis within business cases, investment appraisals and PIRs prior to submission for approval.

To undertake budgetary review and planning of Admin Projects (non-recurring Revenue spend) as directed.
-To prepare management accounts and management reporting packs for capital expenditure, balance sheet, depreciation, project cash flows and divisional project portfolios as required.
-To provide input on specific project activities that do not fit normal trends for the capital budget setting and management process.
-To review and explain exceptional variances on capital items to support divisional management reporting.
-To provide ad hoc business financial analysis support for projects and fixed assets.
-To ensure that project timetables are updated and that project closure, and for capital projects, capitalisation, is reported and actioned within agreed service level timetables.
Capital Accountant job description

Quality Assurance:
-To validate project set up requests and that business supplied information is to the required standard, format and completeness.
-To ensure that Investment Proposal and PIR paperwork is complete and prepared to the required format prior to submission for approval.
-To ensure that creation of asset records and settlement of project costs through capitalisation is to the required standards and is able to give the required level of operational business analysis.

Data Management:

To set up capital and admin projects to the required standard and appropriate profile.
-To create, and amend asset records and undertake settlement of capital project costs to fixed asset records in line with required financial treatment.
-To monitor and resolve project and asset settlement errors.
-To create asset worklists and action asset changes as required.
-To undertake asset audits and the provision of relevant information to support the Internal and external audit of the investment process.
Capital Accountant job description

-To co-ordinate and agree dates for routine financial reviews of projects and PIR with company Project Directors and Project Managers as appropriate.
-To travel to project locations as required to maintain effective relationships and communications with them.
-To escalate issues as appropriate.
-To contribute to improving the quality of own work and the work of others.
-To facilitate the ongoing development in own performance identifying and meeting own training and development needs with the support of the Capital & Investment Manager.
-To facilitate own professional and career development by identifying and meeting own training and development needs and in identifying future career opportunities with the support of the Capital & Investment Manager and with informal professional mentoring from the qualified Capital Accountants.
-To keep other team members informed of issues and decisions that impact on them.
-To support collaboration between team members for example through sharing information, collaborating on decision making, and taking mutual responsibility for the work of the team.
-To comply with all relevant company safety rules, procedures and guidelines.
-To carry out responsibilities defined in the company safety policy.