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Company Description

On May 31, 2023, Viasat completed its acquisition of Inmarsat, combining the teams, technologies and resources of the two companies to create a new global communications partner.

About Viasat

Viasat is a global communications company that believes everyone and everything in the world can be connected. With offices in 24 countries around the world, our mission shapes how consumers, businesses, governments and militaries around the world communicate and connect. Viasat is developing the ultimate global communications network to power high-quality, reliable, secure, affordable, fast connections to positively impact people's lives anywhere they are—on the ground, in the air or at sea, while building a sustainable future in space.

Chief Finance Office

The Chief Finance Office (CFO) processes millions of transactions a month that enable us to interact efficiently with our suppliers, customers, trading partners and regulators. We make sure that the Company is properly funded and well controlled, that our taxes are paid and that shareholders and banks continue to support our plans. Our commercial teams help ensure that the business takes sound decisions through robust planning, careful pricing, sound contracts, skilled procurement and rigorous evaluation of every major business decision.

Job Description

Primary role purpose:

The Financial Analyst & Intercompany Accountant will play a key role in ensuring the delivery of various accounting month end tasks. He/she will also lead the intercompany accounting for the group, ensuring the timely and accurate reporting, including month end close, matching and settlement of intercompany trading transactions for services or sales of materials. Preparation of various intercompany balance sheet and income statement reconciliations. Preparation of Operational Expenses variance analysis for various business units in order to allow for a timely General Ledger close. Assist with SAP Master-data maintenance and any other ad-hoc work within the department. Assist the Manager, Financial Analysis and Intercompany, working in partnership to deliver timely month end results and other change initiatives.

Qualifications

Key Responsibilities:

• This is a key position within the team with the responsibility for ensuring that the intercompany accounts for our complex global business (with approx. 175 interco relationships globally) including centralised payments and receipts are well controlled.
• Prepare reconciliation of all intercompany accounts for the group, investigating and resolving differences as required. Remediate missing intercompany transactions by liaising with colleagues within Financial Operations and drive the appropriate accounting actions to resolve.
• Utilizing SAP reports and other tools to compare Intercompany Trade Accounts Receivable and Trade Accounts Payable to identify missing transactions. Prepare intercompany invoice matching analysis and supply that to Accounts Payable and Accounts Receivable for monthly settlement and clearing.
• Liaise with Tax and Treasury department to ensure transfer pricing and other IC transactions are invoiced and settled on a frequent basis.
• Perform periodic reviews of intercompany balances in the subsidiary companies in accordance with best practise and company funding requirements, propose relevant debt re-classification or other adjustments as necessary. Work closely with Treasury, Group Accounting and Company Secretary as stakeholders in this process.
• Prepare other ad hoc intercompany reporting, performance and process KPI as required.
• Work towards enhancing, documenting and monitoring the internal controls around the intercompany process as well as other department processes as required.
• Work with business stakeholders including Financial Operations, SAP Team and others on automation initiatives and process improvements to ensure intercompany transactions are recorded efficiently and seamlessly within SAP.
• Produce the monthly P&L variance analysis for a number of business units, against budget and actual prior month, ensuring accuracy of recorded costs and raising correcting journal entries where required.
• Ensure timely recoding of monthly accruals, prepayments cost reallocations and other manual journal entries in order to ensure the accuracy of the income statement at month end close
• Regular contact and meetings with business unit finance managers discussing queries and post month end debriefs.
• Assist in the SAP master-data creation and maintenance
• Support the Manager in project or any other ad hoc work as required

Dimensions:

• 35+ active company codes
• 175+ intercompany relationships in the group
• 1000+ GL accounts in Chart of Accounts (175+ Intercompany and 150+ Operational Expenses)
• 30 internal business segments (comprising of several sub-segments)

Essential Knowledge and Skills:

• Qualified accountant
• Advanced SAP user experience (ECC 6) and Excel
• Relevant experience working within a role with significant exposure to intercompany accounting
• Technically competent in accounting to IFRS standards.
• Team player and basic team management skills.
• Strong analytical skills coupled with good business understanding leading to key business insight.
• Creative problem solver and decision maker.
• Strong people skills, confident and comfortable at engaging collaboratively in an intellectual and multinational environment at all levels. Strong verbal and written communications skills.
• Strong work ethic and ability to work independently in a fast-paced environment with passion for excellence and innovation.
• Proactive individual with the ability to effectively manage various projects while adhering to deadlines.
• Have a solid appreciation of core best practice financial accounting standards, policies, processes and systems.

Desirable Knowledge and Skills:

• Good working knowledge GL Wand or any other data retrieval software
• Use of Blackline Reconciliations software
• Documentation of process notes

Additional Information

You must be eligible to work in this location advertised.

Our culture and ways of working

Our values define Inmarsat’s culture and represent what we believe in. Inmarsat employees aspire to behaviours that support our values, which create a stronger working environment and lie at the heart of our continued success as an organisation.

• Customer – we provide a unique value to our customers
• Accountability – we take ownership, we deliver results, and we keep our promises
• Respect – we collaborate, we embrace and celebrate diversity and we value difference
• Excellence – we create bold solutions for our customers and put quality at the heart of everything we do

We also value and encourage a healthy work-life balance, so we offer flexible working wherever possible. Depending on the operational requirements of your job and your team, we can offer compressed hours (nine-day fortnight), hybrid office-remote working, and flexibility during your working day to take care of personal commitments.

Diversity

At Inmarsat we want the best people for the job, and we warmly welcome applications from you if you’re suitably qualified and eligible, regardless of your sex, gender, age, race, ethnicity, disability, sexuality, gender identity, neurodiverse qualities, religion or belief, marital status, pregnancy, or maternity status.

Inmarsat is signed up to the Halo Hair Code, which aims to protect employees who come to work with natural hair and protective hairstyles associated with their racial, ethnic, and cultural identities.

To give you the best experience possible during your application process and interview, we can make adjustments. For example, if you’re visually impaired we’ll happily meet you locally and help you find your way to our office, or if you have neurodiverse qualities, we can provide you with additional support to help you prepare for your interview. Please let our Resourcing Team know if there are any ways in which we can support you.