Assistant Financial Accountant

BAE Systems
Wales, Monmouthshire
Up to £24786 per annum + + depending on experience
09 Jun 2022
07 Jul 2022
Frances Blackledge
Experience Levels
Part Qualified
Contract Type
Full Time

Assistant Financial Accountant

Location:   Glascoed, Wales (hybrid working arrangement)

Salary:   £24,786 + Dependant upon Experience


We serve and protect those who serve and protect us. Attracting and retaining the sharpest minds is essential for our Shared Services 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 Shared Services Business

If you'd like to make a real difference where it counts, BAE Systems is the place for you.

From keeping soldiers, sailors and pilots safe to helping countries prosper, from developing the next generation of supersonic aircraft to investing in the next generation of super-smart talent - at BAE Systems, we work together to give our customers an essential edge in protecting the things that really matter. Lives, livelihoods, ways of life.

As part of the Shared Services team, you'll be at the heart of this endeavour - working closely with our air, maritime, land and cyber and intelligence businesses to support our customers around the world.

Join us and you'll be encouraged and rewarded to excel in this important work. Apply your talent where it counts.


Assistant Financial Accountant

An exciting opportunity has arisen for a hardworking, dependable and motivated individual to join our finance team as an Assistant Financial Accountant.

As an Assistant Financial Accountant you will be primarily responsible for the accurate and timely input and reporting of accounting entries.

As part of Shared Services, the Financial Accounting team provide a number of finance activities to business units across BAE Systems. The activities undertaken within the team include Financial Reporting, Fixed Asset Accounting, Leasing Accounting, Payroll Accounting, and General Accounting (accruals, prepayments and provisions) which are supported using various technologies including robotics.

The Financial Accounting team is part of a large Finance function within BAE Systems with many opportunities for progression and exposure to a wide variety of finance activities in support of self and career development.

To help support a positive work life balance, the team operate in a hybrid working environment, allowing a mixture of both home and office based working the suits the needs of both the individual and the business.


Your main responsibilities as an Assistant Financial Account will involve:

  • Supporting data input on various accounting systems and the monthly financial close process
  • Preparation of monthly journals including the calculation of accruals and prepayments
  • Preparing Balance Sheet Reconciliations and resolving any reconciling items arising from your own and colleagues' reconciliations
  • Administering Fixed asset transactions including capitalisation, disposals and depreciation
  • Processing payroll files into the accounting systems and manage employee benefit schemes
  • Posting leasing entries into the accounting system and reconciliation of the control accounts
  • Monthly and yearly reporting in line with company deadlines
  • Preparation of UK and foreign VAT returns


Your skills and qualifications:

  • Finance degree or equivalent industry experience
  • Have an understanding of Financial Controls and Data Protection regulations
  • Intermediate level Excel skills
  • Strong organisational skills and a clear communicator
  • Vigilant approach to problem solving
  • Good working knowledge of SAP, Oracle and Hyperion would be desirable


What we are looking for in you:

An individual with a desire to study towards a professional accountancy qualification (ACCA or equivalent) with excellent communication skills who is logical, proactive and meticulous with attention to detail. This individual should also be self-motivated and enthusiastic with the ability to prioritise multiple activities and work as part of a busy team environment with experience of delivering to strict deadlines. The desire and ability to learn and develop new skills whilst embracing change with a 'can do' attitude is essential. In addition, you must be able to demonstrate a level of professionalism when interacting with managers and other finance staff.



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.