Job Title: Financial Accountant (Fixed and Lease Assets)
Location: Hybrid, UK
Compensation: Competitive Salary + Benefits
Role Type: Full time / Permanent
Role ID: SF
Own the assets engine that powers national security.
At Babcock, we’re working to create a safe and secure world, together. If you join us, you can play your part as a Financial Accountant Fixed and Lease Assets at Lakeside, near Portsmouth, Hampshire. Our work underpins defence, aerospace and engineering programmes across the UK and internationally meaning what you do here genuinely matters.
The role
As a Financial Accountant Fixed and Lease Assets, you’ll be central to the integrity of Babcock’s balance sheet owning fixed and lease asset accounting that helps keep vital defence and critical national infrastructure programmes moving. It’s a role with tangible impact on national security and an outstanding platform for your professional growth
Day-to-day, you’ll be standardising processes, strengthening controls and unlocking insights that support decision‑making across complex, long‑term engineering programmes.
1. Lead fixed and lease asset accounting for an assigned sector, ensuring compliance with company, statutory and audit requirements.
2. Own the fixed and lease asset registers, covering additions, disposals, depreciation, valuation and impairment.
3. Prepare robust balance sheet reconciliations and deliver clear, insightful reporting.
4. Develop and embed best‑practice, standardised policies and controls across fixed and lease asset processes.
5. Partner with internal and external stakeholders on lease management, data quality and continuous improvement.
This role is full time, 37.5 hours per week and provides hybrid working arrangements with days onsite and days working from home.
Essential experience of the Financial Accountant (Fixed and Lease Assets)
6. Hands‑on experience within a finance function, ideally in a complex, international environment.
7. Demonstrated ability to review, improve and standardise finance processes and controls.
8. Strong working knowledge of fixed asset and lease accounting (e.g., IFRS 16), with practical month‑end ownership.
9. Commercial awareness with an understanding of business drivers and stakeholder needs.
10. Proficiency with finance systems and tools (e.g., SAP, IFS, NAV, BPC or similar).
Qualifications for the Financial Accountant (Fixed and Lease Assets)
11. Qualified accountant (ACA, ACCA, CIMA) or qualified by experience.
Security Clearance
The successful candidate must be able to achieve and maintain Standard (BPSS) and Security Check (SC) security clearance for this role.
Many of the positions within our company are subject to national security clearance and Trade Control restrictions. This means that your eligibility for certain roles may be affected by your place of birth, nationality, current or former citizenship, and any residency you hold or have held. Further details are available at
12. Generous holiday allowance
13. Matched contribution pension scheme, with life assurance
14. Access to a Digital GP, annual health check, and nutritional consultations through Aviva DigiCare+
15. Employee share scheme
16. Employee shopping savings portal
17. Payment of Professional Fees
18. Reservists in the armed forces receive 10‑days special paid leave
19. Holiday Trading is a benefit that allows the majority of employees to buy additional leave or to sell up to one working week of annual leave from their annual entitlement
20. ‘Be Kind Day’ enables employees to take one working day's paid leave a year (or equivalent hours) to undertake volunteering work with their chosen organisation or registered charity
21. Flexible working – we give people more options to better integrate their work and personal life, whilst ensuring that business needs are met
22. A dynamic working environment