About Favcote
Established in 2008, Favcote Ltd Pty is an Australian leading protective coating company, specialising in bespoke, highly skilled abrasive blasting and coating applications in New South Wales and Western Australia. With 40 years of experience since 1989, we deliver professional maintenance services and corrosion solutions to leading industry companies in the Defence, Marine, and Industrial sectors.
Favcote is proudly a key supplier to multiple Defence projects of the Defence Department, Royal Australian Navy and Prime Contractors (THALES, BAE Systems, Babcock, VEOLIA, and W&E Platt). Additionally, we are a trusted partner of engineering companies, such as Allship Engineering, Fremantle Foundry & Engineering, Halliday and Shadbolt.
About the role
We have an exciting opportunity for a Permanent Full-Time Accountant, to join our Finance team based at Ingleburn office, NSW 2565. This role will report directly to the CFO.
As an Accountant, you will support the Finance Team in maintaining the financial functions within the projects as well as financial performance of all departments of the company, to ensure integrity and transparency of financial data to facilitate planning and decision-making.
Responsible for the end-to-end accounting and reporting of all sites of Favcote. This includes providing monthly and year-end financial performance reporting for projects and all departments ensuring compliance with the Favcote's internal control systems, polices, procedures and relevant accounting standards.
Key Duties and Responsibilities include:
· Responsible for cost analysis reporting for ship repair and maintenance projects.
· Completing all monthly reconciliations to ensure accurate monthly reporting.
· Monitoring cash flow balance daily to ensure sufficient funds are available to meet immediate payments.
· Analysing factors driving cash flow management for process improvement both within team and cross-function as needed.
· Responsible for month-end closing including resolving accounting discrepancies, preparing closing journal entries, and recording all the accruals, prepayments, fixed assets depreciation and amortization entries.
· Preparing monthly and quarterly financial reports.
· Overviewing weekly payroll processing payments, preparing monthly Superannuation Contributions reports, and lodging payroll tax reports to the State Revenue Office.
· Completing relevant tax returns, including BAS, FBT, and PAYG submissions.
· Directly report to upper management about the financial performance of the business by weekly and monthly profit and loss reports, cash flow statements, accounts payable ageing and accounts receivable ageing.
· Analytical review activities for reporting & planning, ensuring accuracy and integrity of all financial information presented.
· Supporting external audit requests by providing accounts analysis and required documents.
· Developing budgeting and forecast, preparing periodic reports that compare actual costs and budgeted expenses.
· Assisting with the preparation of year-end financial statements.
· Implementing and maintaining appropriate internal controls, ensuring a strong governance culture, including compliance requirements with Company Policies, Accounting Standards and Customer contractual legislative.
Skills and Experience:
· Minimum 3-5 years' experience in accounting. Previous project/cost accounting experience in construction or manufacturing environments will be beneficial.
· Tertiary qualifications in Accounting and/or Finance and being a member of professional accounting/finance body (CA, CPA or CMA) are a requirement.
· Strong knowledge of financial reporting, contra accounts and intercompany transactions.
· Proficiency in MS Office, especially Excel skills. Knowledge of Power PI is a plus.
· Well-developed knowledge of ERP systems or relevant financial business information systems/software, such as SAP Ariba, MYOB and Monday Work Management platform.
· Sound understanding of project scheduling, costing systems and earned value techniques.
· Effective written and verbal communication skills, especially in presenting the financial data of specific plans/ projects.
· Audit experience (Highly desirable).
· High level of accuracy, integrity, confidentiality, and attention to detail.
· Excellent organisational, time management, problem-solving and analytical skills.
· Ability to work independently, while being a collaborative and supportive team member
· Sound experience in managing various stakeholders, both internal and external.
· Demonstrated experience in continuously optimising business performance and processes, and being solutions-focused.
· No work restrictions for working in Australia.
Join a dynamic team
Favcote is keen to invest in individuals with the right attitude, who want to progress their career. Company training and development will be provided to the successful candidate, and we provide an excellent working environment and competitive pay rates.
Favcote is committed to a workplace culture that strongly supports diversity and inclusion. We welcome applications from across the community including women, Indigenous cultures, and other diversity groups.
To assist Favcote in achieving "Zero Lost Time" injuries, and comply with Quality Assurance standards ISO 9001 and Safety ISO 45001 practices, the successful candidate will be required to pass a pre-employment process, including medical assessment and character check; and will be trained in HSEQ corrective action system in your first day at Favcote.
What's on offer
· Career development opportunities
· Exposure to industrial professional coatings and ship repair and maintenance industry with valuable experience to be gained
Job Types: Full-time, Permanent
Pay: $75,000.00 – $90,000.00 per year
Benefits:
* Company car
* Professional development assistance
* Salary packaging
Education:
* Bachelor Degree (Preferred)
Experience:
* Accounting: 3 years (Preferred)
* Cost management: 2 years (Preferred)
Work Authorisation:
* Australia (Preferred)
Willingness to travel:
* 100% (Preferred)
Work Location: In person