Job Description

Company Description

Inmarsat has been at the forefront of global mobile satellite communications for over forty years, and is the market leading provider of voice and high-speed data communications for users on land, at sea and in the air through its constellation of 15 geostationary satellites. Inmarsat is a privately owned company with a profitable track record and significant growth aspirations. This is represented by more than 55 nationalities in the workforce, reflecting the global and dynamic nature of the business. With an investment of over $3 billion in its latest network infrastructure, Inmarsat is at the forefront of global mobile communications innovation.

Chief Finance Office

Inmarsat\'s 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.



Primary role purpose:

As a key member of the CAPEX team in Accounting Operations, you will work in a fast-paced environment to record and analyze transactions related to capital assets and related intercompany transactions, as well as work to make accounting processes more efficient. Continuous improvement and smart automation initiatives will be instrumental to your success. You will also be responsible for executing and strengthening internal controls in your remit. We are seeking a proactive, energetic individual to business partner with various functions in the business, including the Business Unit Finance teams, Group Reporting, Financial Planning and Analysis and Tax and Treasury teams. Inmarsat\'s capital assets have a net book value of approximately $6 billion and has an annual CAPEX spend of approximately $0.4 billion.

Key Responsibilities:

• Ensuring the financial accounting of CAPEX within Inmarsat is accurate, timely and complete by:

• Adhering to the month end reporting deadlines
• Applying expertise around CAPEX IFRS accounting standards
• Reviewing and advising on requests for authorisations to spend, including ensuring all necessary paperwork and authorisations are submitted and validated
• Ensuring asset settlements are complete and depreciation is recorded appropriately
• Recording accounting transactions related to capitalized borrowings
• Recording accounting transactions related to capitalization of time
• Preparing monthly account reconciliations related to capital assets
• Ensuring that assets are recorded in appropriate jurisdictions
• Regular review of the Fixed Asset Register to ensure completeness and accuracy
• Maintenance of capital asset related master data

• Accountability for monthly CAPEX analysis and internal reporting

• Preparing monthly reporting for project managers comparing actual CAPEX spend against budgets and forecasts
• Monthly reporting to Business Units Finance teams regarding capitalization of time
• Preparing monthly summaries of capital asset activity, including additions, disposals, transfers, etc.

• Promoting a culture of continuous improvement and operational excellence

• Identifying areas to derive process efficiencies including streamlining activities, removing waste from processes, and the deployment of Robotic Process Automation
• Regular review of all key processes to ensure internal controls are strengthened where required
• Promoting Inmarsat\'s high performance culture within team and across organization
• Ensuring meet or exceed service level agreements with stakeholders in organization

• Key contact to stakeholders across the business for all CAPEX related queries

• Providing financial information to operational leaders during the budget process
• Preparing fixed and intangible asset notes to the financial statements for required legal entities
• Preparing quarterly taxation reporting for fixed and intangible assets
• Preparing quarterly reporting for local accountants in several jurisdictions
• Key contact for all audit queries related to capital assets
• Ad hoc support for all fixed and intangible asset queries across the business.

Qualifications

Essential Knowledge and Skills:

The candidate must be able to demonstrate skills and knowledge at the depth and scope required for the position.

• An undergraduate degree in Business Administration with a concentration in Accounting/Finance, with progress towards a professional accounting designation
• A minimum of 3 years of work experience in similar accounting roles; preferably experience in accounting for capital assets
• Proficient in Microsoft Excel (intermediate level of knowledge)
• Excellent analytical skills; good problem solver
• Strong communications skills, both written and verbal, required
• Strong people skills, confident and comfortable at engaging collaboratively in an intellectual and multinational environment
• Excellent attention to detail
• Strong organisational skills
• Proactive, hard-working and results oriented

Desirable Knowledge and Skills:

• Experience with SAP would be an asset

Additional Information

You must be eligible to work in this location advertised.

Inmarsat Values:

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

• Customer - Providing a unique value to our customers
• Accountability - taking ownership, getting results and keeping our promises
• Respect - collaborating, embracing diversity and valuing differences
• Excellence - creating bold solutions for our customers and putting quality at the heart of everything we do

As an employer, we believe in facilitating a flexible working environment where possible while taking into consideration the operational requirements of an employee\'s position and work unit.

Diversity:

Inmarsat warmly welcomes applications from suitably qualified and eligible candidates regardless of sex, age, race, disability, sexual orientation, gender identity, religion or belief, marital status or pregnancy and maternity. Please let the Resourcing Team know if there are any ways in which we can support you in the hiring process.

Inmarsat