Cash Operations Analyst - 6 Month Fixed Term Contract

• 99 City Rd, London, UK Full-time
• Level: Employee - Standard

Company Description

Inmarsat has been at the forefront of global mobile satellite communications for over forty years, and is the market leading provider of voice and high-speed data communications for users on land, at sea and in the air through its constellation of 14 geostationary satellites.  Inmarsat is a privately owned company with a profitable track record and significant growth aspirations. This is represented by more than 55 nationalities in the workforce, reflecting the global and dynamic nature of the business. With an investment of over $3 billion in its latest network infrastructure, Inmarsat is at the forefront of global mobile communications innovation.

Chief Finance Office

Inmarsat’s Chief Finance Office (CFO) processes millions of transactions a month that enable us to interact efficiently with our suppliers, customers, trading partners and regulators. We make sure that the Company is properly funded and well controlled, that our taxes are paid and that shareholders and banks continue to support our plans. Our commercial teams help ensure that the business takes sound decisions through robust planning, careful pricing, sound contracts, skilled procurement and rigorous evaluation of every major business decision.

Job Description

Primary role purpose:

The Cash Operations Analyst is responsible for the accounting completeness of all cash transactions, allocation of payments made, as well as non-customer receipts by the group, and bank reconciliation preparations.

This requires accurate and timely preparation of multiple balance sheet reconciliations and working closely with various departments (Central Payments, Treasury, Billing and Payroll) to follow up on related actions. 

Key Responsibilities:

• Allocation of cash payments and non-customer receipts within SAP FEBAN or through manual journals;
• Responsible for the accounting completeness and reconciliation of In House Cash transactions and related accounts;
• Creation and parking in SAP of general ledger journals relating to transactions on the bank statements;
• Responsible for managing relationship and all accounting transactions relating to regional office cash books
• Responsible for any other financial accounting and cash operations transactions required for the delivery of month end close in line with deadlines;
• Preparation of monthly bank reconciliations, with appropriate supporting documentation;
• Ownership of balance sheet GL accounts and monthly reconciliation
• Resolving any historic queries relating to cash;
• Taking part and contributing to the Financial Operations Optimisation project, to transform the way finance teams operate
• Reporting on various performance and process KPI’s for the department
• Manage audit and tax queries and provide appropriate accounting explanations and documentation where required

Total Company Dimensions:

• 35+ active company codes
• 100+ bank accounts operating in the group
• 1000+ GL accounts in Chart of Accounts
• 30+ GL balance sheet reconciliations

Qualifications

Essential Knowledge and Skills:

• SAP
• Bank reconciliations experience
• Knowledge of accounting principles and business concepts
• Have a solid appreciation of core best practice financial accounting standards, policies, processes and systems.
• Numeracy and analytical skills
• Proactive, self-motivated with high attention to detail
• Proficient with Microsoft Excel
• Strong work ethic and ability to work independently in a fast-paced environment with passion for excellence and innovation.
• Ability to effectively manage various projects and stakeholder demands while adhering to deadlines.
• Articulate and fluent communicator, with a strong command of written and spoken English

Desirable Knowledge and Skills:

• Working knowledge of In House Cash
• Cash management experience

Additional Information

You must be eligible to work in this location advertised.

Inmarsat Values: 

Our values define Inmarsat’s culture and represent what we believe in. Inmarsat employees aspire to certain behaviours which support our corporate values, they create a stronger working environment and lie at the heart of our continued success as an organisation.

·       Accountability – taking ownership, getting results and keeping our promises

·       Respect – collaborating, embracing diversity and valuing differences

·       Excellence – creating bold solutions for our customers and putting quality at the heart of everything we do