Financial Accounts – (Part Qualified or equivalent)

At Virgin Atlantic, we’re just as passionate as we’ve always been about becoming the most loved travel company. One thing we know for sure – this year has shown that when we combine our brand with the power of amazing people, we make something truly magical.

Virgin Atlantic is proudly flying, creating the same fabulous flight experience we’re famous for, and we’re busily laying the foundations for a profitable future. We know that the right people are key to creating success – so we’re looking for someone brilliant to join our Finance team and help us achieve our vision. Perhaps that’s you? We’d love to find out.

As the Financial Accounts but known internally as our Finance Analyst here at Virgin Atlantic, you'll assist the Direct Operating Cost team with GL accounting, controls operation and audit. This will include financial accounting processes and reconciliations including but not limited to global operating and overhead costs and cargo-related deferred revenue and accrued costs. The role is responsible for delivering accurate, reliable, and timely books of account for the VAL Group and its subsidiaries as well as overseeing the operation of IFRS compliant accounting.

You will be accountable for ensuring that processes you are responsible for are performed without issue each month end and for ensuring revenue recognition is accurate, and that accruals, reconciliations, and any necessary releases (including review of invoices) are performed on a timely basis.

As our Finance Analyst (Financial Accounts), you will be responsible for the following activities:

• The complete transfer of accounting transactions data into Oracle from underlying systems in your areas of accountability
• Ensure that all DOCs are captured and are complete, reflecting all flights/movements in the period
• Accurate posting of all journals, (could include but not limited to):
  • Accruals
  • Prepayments
  • Calculation of cargo override and commission charges
  • Payroll
  • Provisions
• Deliver timely and accurate balance sheet reconciliation schedules to meet all statutory, regulatory, shareholder and management reporting requirements
• Monitor and highlight instances of under/over provisioning in a timely manner
• Support the maintenance/integrity of mapping table within underlying systems and feed into Oracle
• Play an active role in the ongoing development of a best-in-class finance function, with particular focus on accruals, prepayments, and overhead processes
• Reviewing and challenging the calculations and output from systems ensuring that the result is challenged for completeness and accounting accuracy as well as being consistent with your knowledge of the operational environment
• Close promptly at month end, in accordance with internal timetables and ensure that all expenses are correctly recorded
• Be the primary point of contact for queries (including audit queries) on the posting of actual results, with the ability to discuss and push back when required
• Work with Accounts Payable to ensure that invoices received can be reconciled back to the accruals made
• Supporting the Finance Manager with a successful close out of the external interim and full year audit.

• Are you a strong communicator, with experience in a finance related role?
• In addition to the above, we are looking for our successful candidate to demonstrate the following:
• Minimum part qualified in CIMA/ACCA/ACA
• Strong MS Office, and in particular Excel
• Strong system skills would be an advantage, particularly Oracle Financials
• Inquisitive with the ability to challenge and improve processes
• Proven capability to prioritise work
• Attention to detail with a high level of accuracy
• Ability to communicate with senior levels of management, being able to explain complex processes in a succinct way
• Problem solving skills within an overall business context
• Good written and verbal communication skills; ability to distil complex processes into clear simple messages
• High level of analytical skills and financially astute

If this sounds like you, and you would like to be on this exciting journey with us, we would love to hear from you!

Be yourself – Our differences make us stronger

Our customers come from all walks of life and so do our colleagues. That’s why we’re proud to be an equal opportunity employer and actively encourage applications from all backgrounds. At Virgin Atlantic, we believe everyone can take on the world - no matter your age, gender, gender identity, gender expression, ethnicity, sexual orientation, disabilities, religion, or beliefs. We celebrate difference and everything that makes our colleagues unique by upholding an inclusive environment in which we can all thrive. So that everyone at Virgin Atlantic can be themselves and know they belong.

To make your journey with us accessible and individual to you, we encourage you to let us know if you’d like a little extra help with your application, or if you have any individual requirements at any stage along your recruitment journey. We are here to support you, so please reach out to our team, ([email protected]) feeling confident that we’ve got your individual considerations covered.

Additional information (1)

At Virgin Atlantic, our leaders empower teams to thrive through collaboration, innovation, and excellence. Explore our Leadership Recipe and discover the 20 core ingredients that define what it means to lead with us, driving our mission to be the most loved travel company and achieve sustainable profit. Want to learn more?