Financial Accountant - Transport & Technology - FTC

Financial Accountant - Transport & Technology 

General Information

Location: Dublin

Business Area: Tax

Contract Type: 12 months (To be assessed)

Background 

The client has embarked on a business transformation programme which will be enabled with a new finance solution where five existing finance systems will be consolidated into one overall common standard design. The new solution will also support future growth and align to a new finance operating model.

In addition, the programme will enable the client to achieve its 6 strategic business objectives:

1.   Provide a unified finance system for the whole enterprise which is flexible to meet the

       business needs providing a single source of truth; 

2.   Enable adoption of finance process leading practices – standardised, efficient, leverage

       automation and technology. 

3.   Finance move to a business partner role providing insight and challenging organisational

       decision making; 

4.   Delivery of the project on time within the budget to the required benefits realisation and

       enable NGT implementation within the agreed timelines. 

5.   Ensure robust controls and governance are incorporated in the project and new system while

      ensuring efficiency of operations, i.e. ensure we have controls at the right level; and 

6.   Align to the Information and Communications Technology (ICT) Strategy – cloud first

        mindset. 

Our finance team is currently undergoing significant transformation, moving from siloed operations to a more centralised and streamlined operating model, enhancing efficiency and consistency across the authority. Where previously we monitored from a distance the financial operations of our Service providers, we are changing strategy to be more involved at granular level of our payment operations. The consolidation into a single ERP and the integration of an advanced automated reconciliation tool will greatly improve financial controls and transparency. This shift is crucial for ensuring revenue assurance, particularly with the rise of contactless payments, enabling precise tracking and reconciliation of all transactions. Enhanced monitoring capabilities will also support proactive management of service providers and their performance, ensuring compliance and optimising revenue collection. 

As part of the new finance operating model, the client has established a new centralised finance centre of expertise, with a requirement for a Financial Accountant to play a key role with a focus on treasury and working capital management as well as month-end reconciliations and management accounting. In this role, you will also coordinate TT's revenue receipts and manage the settlement of balances owed to scheme participants, ensuring back-office tasks are completed to a high standard and within set deadlines. This position offers an excellent opportunity to work with high-volume transactions in a GDPR-compliant environment, while contributing to the finance team's readiness for Next Generation Ticketing (NGT). 

Role:

The Financial Accountant – Ticketing will play a key role within the TT Finance Team, supporting daily operations, managing working capital, handling reconciliations, and contributing to the preparation of monthly management accounts. With the Transport Technology Finance Team embarking on new schemes and projects, this role offers an exciting opportunity to help streamline processes and drive improvements. The individual will ensure efficient fund management, reconcile income streams, and transition from manual to systemised processes, while fostering a professional, collaborative environment within the finance team. 

Reporting directly to the Finance Manager – Ticketing Operations, the Financial Accountant shall undertake tasks including but not limited to those listed below to the highest standards: 

1.   Treasury & Working Capital Management: 

• Oversee the daily banking operations of the business, ensuring all funds are processed efficiently and accurately. 
• Manage payments to Scheme Participants (Transport Operators) by preparing and  executing all banking transactions efficiently. 
• Facilitate the direct debit collection of customer refunds, ensuring that all transactions  are processed promptly and accurately. 
• Support daily working capital management, ensuring liquidity and efficient cash flow management; and 
• Lead and participate in projects aimed at improving treasury operations, leveraging technology to automate and streamline processes. 

2.   Month-End Reconciliations: 

• Complete month-end reconciliations for multiple income channels, investigating and resolving any variances. 
• Prepare and review balance sheet and intercompany reconciliations, ensuring alignment with business units and stakeholders. 
• Contribute to the transition from manual reconciliation processes to a more systemised solution, driving efficiency and accuracy. 
• Collaborate with Finance Managers and other teams to ensure reconciliation processes are standardised and aligned across the business; and 
• Support the preparation of monthly management accounts and reporting packs, providing variance analysis and insights to support decision-making. 

3.   Additional Responsibilities:

• Prepare and present monthly KPI reports to management, ensuring key financial metrics are monitored; 
• Maintain high-quality, up-to-date procedure documents for areas of responsibility; 
• Assist in the annual budgeting and forecasting processes, providing financial analysis and reporting expertise; 
• Support interim and year-end audit processes and liaise with auditors as needed; and 
• Cultivate  a  positive  working  environment  by  ensuring  professional  and  courteous interactions with all stakeholders. 

4.   Other Responsibilities: 

• Support system development and upgrades within the finance function. 
• Assist with process improvements and the development of finance controls. 
• Contribute  to  the  development  of  internal  finance  portals  and  business  partnering reporting; 
• Support the implementation and enhancement of business analysis and reporting; and 
• Carry out other ad-hoc duties as required. 

Note: The functions and responsibilities initially assigned to the position are based on the current organisational requirements and may be changed from time to time. The person appointed requires the flexibility to fulfil other roles and responsibilities at a similar level.

The person:

Key Competencies 

 We require an individual with the below qualities and expertise; 

• Good analytical ability, with a logical approach to problem solving and sound judgement; 
• Capacity to proactively and constructively contribute to team tasks; 
• Strong organisational and administrative skills; 
• A keen eye for detail and desire to probe further into data; 
• Deadline-orientated and an ability to stick to time constraints. 
• Strong MS Office skills (proficiency with MS Excel and MS Powepoint); 
• Ability to communicate and interact effectively with stakeholders; and 
• A ‘can-do’ approach with the ability to organise and prioritise workloads to meet deadlines.

Requirements for the Role 

• A recognised accounting qualification, with a minimum of 2 years post qualification experience or significant work experience in an equivalent role; 
• Strong attention to detail is essential. 
• Experience on the preparation of management accounts, reconciliations and annual financial statements; 
• Excellent interpersonal and communication skills; 
• Ability to work on own initiative, as part of a team and as leader of a group; and 
• Experience working with multiple financial applications and systems is desirable.

About EY

As a global leader in Assurance, Tax, Transaction and Advisory Services, we’re using the finance products, expertise, and systems we’ve developed to build a better working world. That starts with a culture that believes in giving you the training, opportunities, and creative freedom to make things better. Whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.

What working at EY offers

We offer a competitive remuneration package. Our comprehensive benefits package includes support for flexible working and career development, and with FlexEY you can select benefits that suit your needs: covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions.

 Plus, we offer:

• Support and coaching from some of the most engaging colleagues around.
• Opportunities to develop new skills and progress your career.
• The freedom and flexibility to handle your role in a way that’s right for you.

All our employees are given a benefits package which they can tailor to suit their individual preferences. Our range of benefits include:

• Hybrid Working
• Pension/Discounted Health Insurance
• Web Doctor
• Purchase of Additional Annual Leave
• Free Gym Membership
• Travel Pass
• Maternity & Paternity Leave
• Bike to Work Scheme
• Referral Bonuses & Recognition Awards
• Tech MBA paid by EY

EY is committed to being an inclusive employer and we are happy to consider flexible working arrangements. We strive to achieve the right balance for our people, enabling us to deliver excellent client service whilst allowing you to build your career without sacrificing your personal priorities. While our client-facing professionals can be required to travel regularly, and at times be based at client sites, our flexible working arrangements can help you to achieve a lifestyle balance.

Career Progression

• When you join EY, you will be supported to ensure that you are enhancing your skills from day one.
• Continuous learning, where you can develop the mindset and skills to navigate whatever comes next.
• As you grow and develop here, you’ll discover opportunities to help customise your career journey, so that it’s as unique as you are - success is defined by you, we will provide the tools and flexibility, so you can make a meaningful impact, your way.
• Transformative leadership, we will give you the insights, coaching and confidence to be the leader the world needs.
• Diverse and inclusive culture, you will be embraced for who you are and empowered to use your voice to help others find theirs.
• We have embraced Hybrid working at EY adding greater flexibility and autonomy to the roles of our employees.

Inclusion & Diversity

We hold a collective commitment to foster an environment where all differences are valued and respected, practices are equitable and everyone experiences a sense of belonging: Inclusion, diversity, and equity are part of who we are at EY. We believe that the highest-performing teams maximize the power of different perspectives and backgrounds. These teams are both diverse and inclusive and are willing to invite and learn from other perspectives. Our ability to include various viewpoints into our mindsets, behaviours and operations is fundamental to driving innovation, building strong relationships, and delivering the best solutions for our clients.

We recognise the strength that comes from having a diverse workforce and building a culture where we support all our people to achieve their potential. You’ll be embraced for who you are and empowered to use your voice to help others find theirs. As an equal opportunities’ employer, we welcome applications from people of all backgrounds. Reasonable accommodations are offered at every stage of our recruitment process.

If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.

Join us in building a better working world. That’s Why, EY.

Apply now.

IMPORTANT: Where Agency assistance is required, our Talent Team will engage directly with suppliers. CVs / Profiles should not be shared directly with Hiring Managers. Unsolicited CVs / Profiles supplied to EY by Recruitment Agencies will not be accepted for this role.