Job Mode : | Permanent Job |
Published On : | 2008-06-05 |
Last Application Date : | 0 days remaining (2008-09-01) |
Category : | Accountancy (Project Accountant) |
Pay Rate : | Max £75,500 Basic Salary (£102k total package value) |
Location : | London |
City : | London |
Country : | UK |
Job Posted By: | Parham Consulting |
Jobs Publisher's Website: | www.parhamconsulting.com |
AT LAST! A company that DOESN’T insist all applicants for their Financial Modelling vacancies are qualified accountants or have PFI experience! If you are just vastly experienced in Financial Modelling for Project Finance or Corporate Finance, then read on!
THE COMPANY:
This is one of the top ten accountancy firms in the UK and they are seeking further financial modellers for their Project Finance and modelling team. Their work includes, but is not limited to, PFI/PPP advisory. They advise local authority and private sector clients on the commercial and financial aspects of PFI/PPP and related capital projects, predominantly in education, housing and transport. In the financial modelling role, you will assist clients by creating a model to present issues in a logical and clear manner.
EXPERIENCE REQUIRED:
The experience required for this role is as follows:
• Several years of experience in spreadsheet financial modelling in an accounting environment/accounting framework. We are seeking someone where your main role has been financial modelling, as opposed to financial modelling being a small part of a wider role.
• Experience of producing funding models to secure bank loans, or at least financial models that are accounting or tax-driven
• Experience of model build – BUILDING models from scratch, as opposed to experience solely in model audit or review
• The interpersonal skills to constructively challenge the client’s assumptions whilst still developing a close working relationship with them.
Please note the above experience is essential – you require all of the above to be eligible for this role. The classic profile for this role is the management accountant who has been doing budgeting and forecasting and who has found themselves modelling loans in addition.
Desirable, but not essential, is any experience of PFI (Private Finance Initiative) or PPP (Public Private Partnership). If you have worked on Financial Models for PFI or PPP, it will greatly increase your chances of being invited for interview. A part or full accountancy qualification will make you more desirable still.
I’m afraid experience that is NOT relevant for this role is as follows:
• Financial modelling solely for budgeting and forecasting
• Financial modelling for front office risk modelling or internal risk modelling
Remember, your financial modelling experience needs to be for raising bank loans or accounting or tax-driven.
THE OPPORTUNITY:
So why work here? Firstly, the chance to work with, and learn from, a team of recognised specialists. Secondly, growth. Even in the face of some big-name competition, they are winning more business than they can deliver to, hence their need to grow this Project Finance team, and have a great deal of support to do so. There is the opportunity to develop your career within the Corporate Finance division of which the Project Finance team is a part of.
Thirdly, with the company currently diversifying its services there are cross-business opportunities as well, the chance to move horizontally into other sectors. You won’t get stuck in one sector here, but have the chance to work in a variety of sectors. They are a centre of excellence for the education sector and clear market leaders in independent schools, technical colleges and academies.
The company puts a great deal of time and commitment into investing in staff and there is opportunity to progress right the way up through the organisation, as they prefer to recruit from within and promote their own people. In short, you will learn a lot here! There are several refugees of “The Big Four†here. If Big Four consultants are joining them, they must be doing something right!