Financial Accountant job at Ellison Institute of Technology

Ellison Institute of Technology is hiring: Financial Accountant. Join us at EIT:At the Ellison Institute of Technology (EIT)…

Company: Ellison Institute of Technology · Work mode: on site · Contract: Full-time

Join us at EIT:At the Ellison Institute of Technology (EIT), we’re on a mission to translate scientific discovery into real world impact. We bring together visionary scientists, technologists, engineers, researchers, educators and innovators to tackle humanity’s greatest challenges in four transformative areas:<ul><li>Health, Medical Science & Generative Biology</li><li>Food Security & Sustainable Agriculture</li><li>Climate Change & Managing CO₂ </li><li>Artificial Intelligence & Robotics</li></ul>This is ambitious work - work that demands curiosity, courage, and a relentless drive to make a difference. At EIT, you’ll join a community built on excellence, innovation, tenacity, trust, and collaboration, where bold ideas become real-world breakthroughs. Together, we push boundaries, embrace complexity, and create solutions to scale ideas from lab to society. Explore more at <a href="http://www.eit.org" rel="nofollow noreferrer noopener">www.eit.org</a>. Your Role: EIT Oxford is seeking a highly skilled and detail oriented Financial Accountant to support the Financial Controller in ensuring the financial integrity of the organisation. The Financial Accountant will play a key role in the preparation of financial statements, statutory reporting, reconciliations, and financial controls, ensuring compliance with UK financial regulations and best practices.Your Responsibilities:<ul><li>Assist in the preparation of statutory financial statements, ensuring accuracy and compliance with UK accounting standards.</li><li>Support the annual statutory audit process, including preparation of audit files, analysis, and responding to auditor queries.</li><li>Support property valuations, impairment assessments and related accounting adjustments, including preparation of supporting schedules and reconciliations.</li><li>Prepare and submit monthly CIS returns, ensuring accurate reporting, reconciliation and compliance with statutory deadlines.</li><li>Prepare VAT returns for assigned entities, including reconciliation of VAT control accounts, review of supporting transactions and investigation of discrepancies, for review and approval prior to submission.</li><li>Maintain accounting records for investment properties, PPE, capital expenditure and associated lease arrangements in accordance with FRS 102.</li><li>Review financial information received from external property managers, ensuring completeness, accuracy and appropriate accounting treatment.</li><li>Complete monthly balance sheet reconciliations, ensuring timely resolution of reconciling items and preparing commentary where necessary.</li><li>Ensure compliance with financial policies, internal controls, and regulatory requirements.</li><li>Support Group financial reporting requirements and ensure data accuracy.</li><li>Support the Financial Controller in implementing and monitoring financial controls and risk management procedures.</li><li>Work to deadlines to ensure timely month end and year-end financial close processes, proactively communicating any delays and ensuring financial data integrity is maintained.</li><li>Process and reconcile corporate allocations, transfer pricing adjustments, R&D recharges, and tax provisions.</li><li>Support financial accounting and reporting across multiple group entities, ensuring accuracy, consistency and compliance with relevant accounting standards</li><li>Assist and maintain the risk register, updating identified risks regularly and communicating new and growing risks to relevant management.</li><li>Maintain procedural documentation covering all tasks.</li><li>Work closely with the accounts payable and accounts receivable teams to ensure assist with financial transaction processing.</li><li>Assist in cash flow management, ensuring accurate forecasting and timely remittance of funds.</li><li>Ensure compliance with financial policies, internal controls, and regulatory requirements.</li><li>Assist in financial system improvements, including ERP enhancements (Oracle Fusion preferred) and reporting automation.</li><li>Collaborate with other departments, to support budgeting, forecasting, and financial analysis.</li><li>Drive continuous improvement initiatives to enhance efficiency and financial reporting accuracy.</li><li>Support ad hoc financial projects and analysis as required by the Financial Controller and Finance Director.</li></ul>
Essential Skills, Qualifications & Experience:<ul><li>Part-qualified or finalist accountant (ACA, ACCA, or equivalent) with strong knowledge of UK accounting standards and financial regulations.</li><li>Strong excel and analytical skills.</li><li>Experience in financial reporting, statutory accounts preparation, and audit processes.</li><li>Strong technical accounting skills and experience in balance sheet and income statement reconciliations.</li><li>Experience in transaction processing and maintaining financial controls within a complex organisation.</li><li>Proficiency in ERP systems (Oracle Fusion preferred) and strong Microsoft Excel skills.</li><li>Ability to work to tight deadlines while maintaining accuracy and attention to detail.</li><li>Strong analytical skills, with the ability to interpret financial data and provide clear insights.</li><li>Excellent communication and interpersonal skills to liaise effectively with internal and external stakeholders.</li><li>Ability to manage multiple tasks, prioritise workload, and work independently.</li><li>Experience working within a fast-paced, high-growth, or technology-driven environment is an advantage</li><li>Experience in property accounting, including investment properties, fixed assets, capital expenditure or lease accounting.</li><li>Practical experience preparing VAT returns and CIS submissions.</li></ul>Essential Skills, Qualifications & Experience:<ul><li>Experience of working in a multi-national environment would be advantageous.</li></ul>
We offer the following benefits:<ul><li>Enhanced holiday. Our annual leave allowance is 25 days plus 8 bank holidays and an additional 3 days between Christmas and New Year. You will also have the opportunity to purchase an additional 5 days annual leave in January and July. </li><li>Pension - Employer contribution 7.5%, minimum employee contribution 5% </li><li>Life Assurance. </li><li>Income Protection </li><li>Private Medical Insurance as standard for you, your partner and any dependents. Including hospital Cash Plan </li><li>Employee discounts </li><li>Electric car scheme </li><li>Nursery Salary Sacrifice scheme </li><li>Cycle to Work Scheme </li><li>Family Planning </li><li>Neurodiversity support including advise and assessments </li><li>Coaching & Therapy services</li></ul> Working Together – What It Involves:<ul><li>You must have the right to work permanently in the UK with a willingness to travel as necessary. In certain cases, we can consider sponsorship, and this will be assessed on a case-by-case basis.</li><li>You will live in, or within easy commuting distance of, Oxford (or be willing to relocate).</li></ul>