Financial Accountant

Join us at EIT: At the Ellison Institute of Technology (EIT), we’re on a mission to translate scientific discovery into real world impact. We bring together visionary scientists, technologists, engineers, researchers, educators and innovators to tackle humanity’s greatest challenges in four transformative areas: - Health, Medical Science & Generative Biology - Food Security & Sustainable Agriculture - Climate Change & Managing CO₂ - Artificial Intelligence & Robotics This is ambitious work - work that demands curiosity, courage, and a relentless drive to make a difference. At EIT, you’ll join a community built on excellence, innovation, tenacity, trust, and collaboration, where bold ideas become real-world breakthroughs. Together, we push boundaries, embrace complexity, and create solutions to scale ideas from lab to society. Explore more at www.eit.org. Your Role: EIT Oxford is seeking a highly skilled and detail oriented Financial Accountant to support the Financial Controller in ensuring the financial integrity of the organisation. The Financial Accountant will play a key role in the preparation of financial statements, statutory reporting, reconciliations, and financial controls, ensuring compliance with UK financial regulations and best practices. Your Responsibilities: - Assist in the preparation of statutory financial statements, ensuring accuracy and compliance with UK accounting standards. - Support the annual statutory audit process, including preparation of audit files, analysis, and responding to auditor queries. - Support property valuations, impairment assessments and related accounting adjustments, including preparation of supporting schedules and reconciliations. - Prepare and submit monthly CIS returns, ensuring accurate reporting, reconciliation and compliance with statutory deadlines. - Prepare VAT returns for assigned entities, including reconciliation of VAT control accounts, review of supporting transactions and investigation of discrepancies, for review and approval prior to submission. - Maintain accounting records for investment properties, PPE, capital expenditure and associated lease arrangements in accordance with FRS 102. - Review financial information received from external property managers, ensuring completeness, accuracy and appropriate accounting treatment. - Complete monthly balance sheet reconciliations, ensuring timely resolution of reconciling items and preparing commentary where necessary. - Ensure compliance with financial policies, internal controls, and regulatory requirements. - Support Group financial reporting requirements and ensure data accuracy. - Support the Financial Controller in implementing and monitoring financial controls and risk management procedures. - Work to deadlines to ensure timely month end and year-end financial close processes, proactively communicating any delays and ensuring financial data integrity is maintained. - Process and reconcile corporate allocations, transfer pricing adjustments, R&D recharges, and tax provisions. - Support financial accounting and reporting across multiple group entities, ensuring accuracy, consistency and compliance with relevant accounting standards - Assist and maintain the risk register, updating identified risks regularly and communicating new and growing risks to relevant management. - Maintain procedural documentation covering all tasks. - Work closely with the accounts payable and accounts receivable teams to ensure assist with financial transaction processing. - Assist in cash flow management, ensuring accurate forecasting and timely remittance of funds. - Ensure compliance with financial policies, internal controls, and regulatory requirements. - Assist in financial system improvements, including ERP enhancements (Oracle Fusion preferred) and reporting automation. - Collaborate with other departments, to support budgeting, forecasting, and financial analysis. - Drive continuous improvement initiatives to enhance efficiency and financial reporting accuracy. - Support ad hoc financial projects and analysis as required by the Financial Controller and Finance Director. Requirements Essential Skills, Qualifications & Experience: - Part-qualified or finalist accountant (ACA, ACCA, or equivalent) with strong knowledge of UK accounting standards and financial regulations. - Strong excel and analytical skills. - Experience in financial reporting, statutory accounts preparation, and audit processes. - Strong technical accounting skills and experience in balance sheet and income statement reconciliations. - Experience in transaction processing and maintaining financial controls within a complex organisation. - Proficiency in ERP systems (Oracle Fusion preferred) and strong Microsoft Excel skills. - Ability to work to tight deadlines while maintaining accuracy and attention to detail. - Strong analytical skills, with the ability to interpret financial data and provide clear insights. - Excellent communication and interpersonal skills to liaise effectively with internal and external stakeholders. - Ability to manage multiple tasks, prioritise workload, and work independently. - Experience working within a fast-paced, high-growth, or technology-driven environment is an advantage - Experience in property accounting, including investment properties, fixed assets, capital expenditure or lease accounting. - Practical experience preparing VAT returns and CIS submissions. Essential Skills, Qualifications & Experience: - Experience of working in a multi-national environment would be advantageous. Benefits We offer the following benefits: - Enhanced holiday. Our annual leave allowance is 25 days plus 8 bank holidays and an additional 3 days between Christmas and New Year. You will also have the opportunity to purchase an additional 5 days annual leave in January and July. - Pension - Employer contribution 7.5%, minimum employee contribution 5% - Life Assurance. - Income Protection - Private Medical Insurance as standard for you, your partner and any dependents. Including hospital Cash Plan - Employee discounts - Electric car scheme - Nursery Salary Sacrifice scheme - Cycle to Work Scheme - Family Planning - Neurodiversity support including advise and assessments - Coaching & Therapy services Working Together – What It Involves: - You must have the right to work permanently in the UK with a willingness to travel as necessary. In certain cases, we can consider sponsorship, and this will be assessed on a case-by-case basis. - You will live in, or within easy commuting distance of, Oxford (or be willing to relocate).