Overview
Global Underwater Hub (GUH) is the leading trade and industry development body for the UK’s underwater sectors with a vision to transform the sector into one of the largest and fastest growing industries in the country, accelerating the energy transition to net zero, creating high value jobs, technology and exports.
GUH represents the diverse range of businesses operating in the UK’s £9.2 billion underwater industry. We facilitate cross-collaboration and growth across the underwater industry, which comprises offshore energy, aquaculture, defence, telecoms and subsea minerals.
Led and governed by industry, GUH represents, promotes and supports all sectors of the underwater industry by providing companies with the market information, connections and access to specialist expertise that they need to grow.
Role
The management accountant will be responsible for day to day running of operational finance for the organisation as well as providing ongoing system and process improvements. In addition the role will provide support to the Finance Director (FD) on all reporting to key stakeholders. The management accountant will work with the operational teams to provide finance support to the delivery of all revenue streams including assisting with planning and budgeting where required.
This is a part time role anticipated to require about 25-30 hours per week. Work patterns to cover these hours can be discussed with interested candidates.
Key Accountabilities
* Financial Processing and Accounts Preparation
* Supervise work of the Accounts Administrator
* Preparation and posting of monthly prepayments and accruals journals
* Review of nominal codes each month for accuracy and completeness
* Preparation of monthly Payroll Journal and payment of PAYE, NIC and Pension Deductions
* Preparation of draft monthly reports for review and finalisation with Financial Director (FD) (profit and loss, balance sheet and cashflow), including narrative for movements
* Understanding and analysis of GUH product/service line profitability
* Preparation of monthly evidence reports to support government grant claims
* Preparation of monthly VAT returns
* Monthly review of the aged debtors and creditors listings, including credit control support
* Monthly review of major balance sheet accounts including control account reconciliations.
* Maintenance of the fixed asset register
* Support input of sales and purchase ledger invoices and bank payments, including matching on Sage.
* Budgeting and Forecasting
* Assist in preparation of annual budgets working with operational teams
* Work with FD to provide quarterly updates to forecasting for presentation at Finance Committee
* Provide financial support to project teams for individual project budgets.
* Systems and Processes
* Assist FD in the development and review of financial processes as organisation grows
* Work with the team to identify system improvements and efficiencies and provide support in the implementation of improvement plans
* Develop and keep up to date finance processes and provide training for the wider team where required.
* Ad hoc requirements
* Liaise with external auditors
* Assist FD in preparation of quarterly board packs and finance committee packs
* Assist FD in preparation of annual review for AGM
* Work with Operations Manager to complete insurance renewal questionnaires and handle ad-hoc insurance queries.
GUH core values
* Global Underwater Hub is a UK-wide organisation that represents the country\'s vibrant underwater industry, championing it at home and abroad, helping to accelerate the drive to net-zero, growing exports and creating high value sustainable jobs.
* Trustworthy:We are an open and welcoming organisation.
* Strategic:We are an intelligence led organisation providing stakeholders with access to information relevant to the underwater marketplace.
* Expertise:We are industry subject matter experts, providing specialist knowledge of all sectors of the underwater industry.
* Insightful:We ensure our stakeholders have access to relevant data and market analysis to allow them to harness opportunities in a growing global marketplace.
* Collaborative:We work across industry sectors to facilitate and support collaboration with colleagues and stakeholders.
All our activities are underpinned with a demonstrable focus on our own personal health and safety and the health and safety of our colleagues and stakeholders. We always demonstrate safety leadership in our words and actions.
Person specification
Qualifications and experience
* Qualified accountant - ACCA/CIMA/ICAS (or QBE)
* Previous experience in an industry setting preferred but not essential
* Experience of Sage 50
Specific training / specialist skills
* Identifies, anticipates and navigates problems and obstacles in an orderly and calm manner
* High integrity and openness combined with commitment to good governance
* A mature and balanced approach to the assessment and management of risk
* Shaping and safeguarding of internal finance agenda
* Can demonstrate a track record of successful project delivery, on time and budget
* Ability to manage multiple projects at the same time
* A strong cultural fit and commitment to the values and ethos of the GUH
* Personal computer proficiency, Microsoft Office 365 skills essential (Excel, Word and PowerPoint, SharePoint. Teams. Outlook).
Personal skills
* Excellent organisational skills
* Excellent attention to detail
* Good written and verbal communication skills
* Ability to be proactive and work as part of a small team
* Has proven ability to interact and develop respect with and range of stakeholders and senior level management
* Has the proven ability to facilitate and support collaboration with colleagues and stakeholders.
* Is a proven self-starter, capable of working under own direction
* Has demonstrated / commands respect from peers
* High level of integrity and discretion in dealing with sensitive information.
Next steps
If you are interested in applying for this role, please send a CV and covering letter toAngus Brechin, HR Manager, Global Underwater Hub - angus.brechin@theguh.co.uk .
If you have any requirements or adjustments that you may need assistance with throughout the application process, please contact Angus Brechin or telephone 01224 506600.
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