Assistant Reporting Accountant

BAE Systems
Wales, Monmouthshire
07 Jun 2022
05 Jul 2022
Frances Blackledge
Experience Levels
Part Qualified
Contract Type
Full Time

We serve and protect those who serve and protect us. Attracting and retaining the sharpest minds is essential for a globally competitive UK Defence Information Business. Our aim is to recruit the very best talent. At BAE we want to be the leading employer in defence and security for valuing diversity and inclusion. We care about difference in all forms and want to create an inclusive environment where everyone can be themselves and reach their full potential.

We welcome candidates from all backgrounds and particularly from sections of the community who are currently under-represented within our industry, including women, people from ethnic minorities, people with disabilities and LGBTQ+ individuals. We also want to be a preferred home for veterans and reservists.

At BAE Systems we are committed to supporting work life balance for all our employees and embrace a range of modern working practices, which aim to enhance flexibility for individuals whilst also enabling business performance. Flexibility provisions vary by role, but include; hybrid working arrangements, flexible working patterns and shift working.

Our Land Business

We design, manufacture, upgrade, and support combat vehicles and provide ammunition, precision munitions, artillery systems and missile launchers to a global customer base.

BAE Systems is proud to equip the British Armed Forces and international customers - our specialist engineers work in partnership with our customers, to provide world-class products and engineering services.

It's never been a better time to join our Land Business - in November 2020 we secured a further 15-year contract with the UK Ministry of Defence representing our enduring partnership with the UK armed forces.

Supporting the armed forces with some of the most advanced capabilities in the world is one of the most exciting career moves you could make. We are looking for people with the passion, drive and the skills to give the best they can every day, to make sure our troops receive only the very best. In return, we offer you a role you can be proud of, that lets you grow and develop in the UK's leading defence, aerospace and security company.

We invite you to join us and be part of a team that gives our customers a strategic edge on the battlefield by designing, manufacturing and supporting some of their most vital equipment.

Assistant Reporting Accountant

Would you like to support the Financial Reporting team working with Senior Stakeholders? We currently have a vacancy for an Assistant Reporting Accountant, reporting into the Senior Finance Manager at our site in Glascoed (hybrid working arrangement).

As an Assistant Reporting Accountant, you will be providing financial support to the business, producing reports to the requirements and deadlines of both internal and external customers and incorporating sound financial controls. You will be responsible for maintaining data integrity and liaising with other functions to achieve streamlined integrated processes which meet overall business objectives.

This role will provide you with the ability to work with Senior Stakeholders providing you with good exposure to the business. You will work closely with Senior Leaders and be given study support when completing your financial qualification.

Your main responsibilities as an Assistant Reporting Accountant will involve:

  • Managing the cash flow forecasting process and co-ordinating updates from the Project Finance team and Finance Shared Services
  • Management of the Trading Summary to capture actuals and forecasts for Orders, Sales, Margin and Cash, ensuring reconciliation to the source system and project forecast models
  • Administration of the Orderbook model and co-ordinating updates from the Project Accounting team
  • Monthly Stock and WIP reconciliation and analysing the split of Non-contract and Contract WIP for input into HFM
  • Supporting with month-end reporting requirements including P&L forecast
  • Preparing analysis on invoice payment performance each month and co-ordinating route cause analysis on invoices paid late
  • Supporting annual Integrated Business Planning process (IBP)
  • Reviewing the annual Statutory Accounts against the assessment criteria to ensure they are free from error
  • Preparing supporting schedules for Balance Sheet reconciliations and reviews
  • Supporting internal & external auditor queries

Your skills and qualifications:


  • Working towards a finance qualification such as CIMA / ACCA, or equivalent
  • Excellent Excel Skills (confident with Formulas, VLOOKUPs and Pivot Tables)
  • Some Financial Accounting Experience


  • SAP experience
  • Cash management experience

What we are looking for in you:

You will have experience and the ability to work with Senior Stakeholders and members of the Senior Leadership Team with the ability to prioritise your workload and adapt to the company's needs. You will have good communication skills and the ability to influence others as well as have good attention to detail.


Glascoed, S. Wales (hybrid working arrangement)




Our employees receive an excellent benefits package which includes a competitive pension scheme, enhanced annual leave allowance and a Company contributed Share Incentive Plan. We also offer a range of additional benefits such as flexible working, an employee assistance programme, Cycle2work and many local and national employee discounts. Some employees may also be eligible for an annual incentive.

BAE Systems:

BAE Systems is one of the world's leading global defence, security and aerospace companies. We work at the cutting edge of technology, creating more than 100 new inventions every year for customers in over 100 countries.

Please be aware that many roles working for BAE Systems will be subject to both security and export control restrictions. These restrictions mean that factors including your nationality, any previous nationalities you have held, and/or your place of birth may limit those roles that you can perform for the organisation.

Due to the volume of applications we receive, we sometimes close our vacancies early. It is therefore advisable to apply as early as possible if you would like to be considered for a role with BAE Systems.