Junior Capex Accountant

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Location:

Corby, ENG, GB, NN17 5JF

Brand: RS Group

Function:
Finance

Work Location:

Hybrid

Location :
This is a hybrid role, offering a combination of being able to work remotely and from our Corby office.

The Opportunity

The Junior Capex Accountant will support Enabling Function Finance and Group Finance with the day-to-day processing, analysis, reporting and control of capital expenditure and related project accounting activities across RS Group. The role is designed to support the Capex Accountant, taking on appropriate elements of monthly capex processing, project actuals reporting, capex credit support, master data maintenance and routine stakeholder queries.

The role will also support the P&OE finance agenda where capacity allows, particularly in relation to data governance, data cleanse, migration preparation and interim project accounting process steps for end-to-end capital and project accounting processes.

What You Will Be Doing

Month-end processing and capital accounting support

• Support the monthly capex close process, including preparation of routine journals, accruals, reclasses and supporting schedules in line with month-end deadlines.
• Prepare and maintain working files for project labour capitalisation, non-timesheet accruals and other recurring capex adjustments, with review and approval retained by the Capex Accountant.
• Investigate routine posting issues, including miscoding, incorrect project charges and open items, escalating judgemental or complex accounting matters to the Capex Accountant.
• Maintain clear audit trails and documentation for all journals, adjustments and month-end deliverables.

Capex reporting, actuals tracking and analysis

• Prepare and refresh routine capex actuals reports, including SAP extracts, project mapping updates and distribution of supporting data to finance leads.
• Maintain project mapping and master data fields used in capex reporting, ensuring new projects, order codes and classifications are captured accurately.
• Support preparation of monthly capex management information, including variance analysis, phasing updates and first-pass commentary for review.
• Provide analysis to support understanding of actuals against forecast, including labour, external spend, KTLO, organic investment and other regional or functional demand where relevant.

Capex credits, depreciation and fixed asset support

• Support the capex credit process by preparing data inputs, maintaining schedules and performing quality checks on time reporting, rates and project allocations.
• Assist with depreciation analysis and supporting schedules, including movement analysis, phasing impacts and review of key drivers.
• Support fixed asset and asset under construction processes, including reconciliations, additions, transfers, disposals and supporting evidence where required.
• Help ensure the capitalisation treatment of costs is supported by appropriate documentation and aligned to Group accounting policy.

Project accounting governance and process support

• Support project code set-up and master data maintenance, ensuring requests are complete, appropriately approved and aligned to agreed governance standards.
• Maintain and administer financial attributes within our project systems (SAP, Planview and Onestream), including FX rates, internal resource rates and projects hierarchies.
• Investigate and resolve data inconsistencies or reconciliation breaks across SAP, Planview and Onestream Systems.
• Assist in maintaining clear process documentation, SOPs and guidance for capex and project accounting processes.
• Support the Finance GPO, Data team and P&OE stakeholders with S/4
  
  HANA and Planview transition activities, including data cleanse, migration preparation and interim process design steps.
• Help identify opportunities to simplify reporting, reduce manual effort and improve controls across capital and project accounting processes.

Stakeholder support and query management

• Respond to routine queries from finance leads, project managers and regional teams on capex actuals, project codes, time sheeting, capex credits and month-end outputs.
• Route complex, judgemental or high-risk matters to the Capex Accountant, ensuring clear ownership and timely follow up.
• Support the development of user guidance and standard responses to reduce repeat queries and improve self-service across the finance community.
• Work collaboratively with Technology, Supply Chain, Finance Transformation,…