Assistant Financial Accountant

Job title: Assistant Financial Accountant

Location: Glascoed. We offer a range of hybrid and flexible working arrangements – please speak to your recruiter about the options for this particular role.

Referral Scheme Bonus: £1000

Grade: GG08

You’re expected to have completed 12 months in role prior to applying for an advertised vacancy and you should also discuss the internal opportunity with your line manager to ensure sustained business continuity and to further support your career development.

We know there may be exceptional individual circumstances that impact this, in the first instance please discuss this with your line manager.

If you don’t feel you can talk to your Line Manager, you can contact your HRBP.

PLEASE NOTE: Should you be invited for interview; you acknowledge that the Recruitment team will contact you and your line manager regarding your application for this opportunity.

What you’ll be doing:

General Accounting: Assist in maintaining and updating the general ledger to ensure accurate financial records. Prepare journal entries for routine transactions, including accruals, prepayments, and recurring entries

Balance Sheet Reconciliations: Perform reconciliations for bank accounts, accounts payable, accounts receivable, and general ledger accounts. Investigate and resolve discrepancies promptly, ensuring proper classification and allocation of transactions

Payroll Accounting: Record payroll-related journal entries in the general ledger. Prepare payroll reports, including summaries of payroll expenses, benefits, and liabilities

Capital Asset Management: Update and reconcile fixed asset registers with general ledger accounts. Ensure timely capitalisation, disposals, and depreciation postings

Lease Accounting: Assist in preparing lease-related journal entries and reconciliations. Monitor lease modifications, terminations, and remeasurements to ensure accurate financial reporting

Month-End and Year-End Close: Support the month-end and year-end close processes by preparing schedules, reports, and required journal entries. Ensure all postings are accurate and meet internal reporting deadlines

Your skills and experiences:

Essential:

A degree in Finance, AAT Level 3 (or above), or relevant experience working within a finance team

A genuine interest in pursuing a career in accounting, with the ambition to study towards a professional accountancy qualification

Excellent communication skills with a logical mindset and a high level of attention to detail

A proactive and adaptable attitude, with the ability and willingness to learn and develop new skills. A ‘can-do’ mindset and openness to change

Professional and confident when interacting with managers, colleagues, and other finance stakeholders

A self-motivated, enthusiastic individual who can manage multiple tasks effectively, meet tight deadlines, and thrive in a fast-paced, team-oriented environment

Desirable:

· Experience using accounting systems such as SAP, Oracle, or Sage

Benefits:

As well as a competitive pension scheme, BAE Systems also offers employee share plans, an extensive range of flexible discounted health, wellbeing and lifestyle benefits, including a green car scheme, private health plans and shopping discounts - you may also be eligible for an annual incentive.

The Financial Accounting Team

Join our dynamic Financial Accounting Team, where flexibility and career growth are a priority. We offer hybrid working arrangements and, after six months, the opportunity to pursue professional qualifications with study support. In this role, you'll gain broad exposure across key areas of financial accounting, including the calculation of accruals and prepayments, balance sheet reconciliations, payroll accounting, and asset and lease accounting. Your strong attention to detail, clear communication, and proactive problem-solving skills will be key in helping the team meet its goals. Working within a collaborative and supportive environment, you’ll play a vital role in maintaining the accuracy and integrity of our financial controls, contributing to the ongoing success of the business.

Why BAE Systems?

This is a place where you’ll be able to make a real difference. You’ll be part of an inclusive culture that values diversity of thought, rewards integrity, and merit, and where you’ll be empowered to fulfil your potential. We welcome people from all backgrounds and want to make sure that our recruitment processes are as inclusive as possible. If you have a disability or health condition (for example dyslexia, autism, an anxiety disorder etc.) that may affect your performance in certain assessment types, please speak to your recruiter about potential reasonable adjustments.

We welcome applications from all suitably qualified people, who are BAE Systems employees and have been in their current role for 12 months or longer.

Please be aware that many roles at BAE Systems are subject to both security and export control restrictions. These restrictions mean that factors such as your nationality, any nationalities you may have previously held, and your place of birth can restrict the roles you are eligible to perform within the organisation. All applicants must as a minimum achieve Baseline Personnel Security Standard. Many roles also require higher levels of National Security Vetting where applicants must typically have 5 to 10 years of continuous residency in the UK depending on the vetting level required for the role, to allow for meaningful security vetting checks.