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Financial Accountant- Property 12 month FTC

Date: 12-Jun-2021

Location: SLOUGH, GB

Company: Telefonica S.A.

It matters to us that Team O2 is as diverse as the communities we serve. 

We welcome and encourage people from all backgrounds to apply.   

Whoever you are, O2 has a place for you. 

Come join us.


About the team


The Financial Accounting Team are responsible for ensuring the integrity of the financial results of Telefonica UK, providing clarity, insight and advice to internal and external stakeholders on a timely basis. Working directly for the Capex and Property Opex Finance Manager, in a team of 5, this role offers an exciting opportunity to work with numerous stakeholders in the business and have responsibility for accounting for Property.


About the role


This is an excellent opportunity for an ambitious individual to take on a key role in the team. The role requires effective delivery of reporting property costs ensuring completeness and accuracy. The successful candidate will apply their accounting knowledge to prepare, review and challenge the reporting and provide accounting support to the wider property team. You will also be required to implement initiatives to improve the processes and reporting.

The ideal candidate will be great at forming relationships with different people as you will be working closely with other teams both internally and externally.


Key Responsibilities


Month end activities include:
•    Reviewing and posting accruals and prepayments supplied by external and internal stakeholders.
•    Preparing and posting of personally managed set of accruals and prepayment, ensuring completeness and accuracy.
•    Presenting the monthly results to the Retail and Network Finance stakeholders to review performance.
•    Reporting of IFRS16 leases from the IFRS16 calculation engine, ensuring completeness and accuracy.
•    Responsibility for several balance sheet reconciliations.
•    Managing several SOX controls.


Additional activities;
•    Overseeing the processing of payment files supplied by Cluttons and SMS. Sense-checking, seeking financial authorisation and submission of payment files to Accounts Payables (Infosys) for their booking.
•    Assisting Accounts Receivables (Infosys) in the accounting coding of Property- related payments-in.
•    Facilitating interactions between Infosys, Cluttons and SMS.
•    Investigating and solving queries/matters.
•    Working on ad-hoc projects as required.


Key skills/behaviours/experiences


•    The successful candidate will be a qualified ACCA or CIMA accountant
•    Strong analytical skills – good attention to detail and able to spot significant changes in trends.
•    Stakeholder management experience
•    Be self-motivating and proactive, with a strong desire to make continuous improvements to processes, systems, policies and controls, having had previous experience of doing this.
•    Advanced Excel knowledge
•    Experience working with Oracle and Microstrategy would be an advantage.


Key Stakeholders


•    Internal stakeholders: Primarily with the Retail Finance Team, Network Finance Team, Property Team and Internal Audit team. 

•    External stakeholders: Cluttons, SMS, Infosys, Infogix and External Auditors


12 month FTC

Location: Slough

Role Closing Date: Friday 25th June 2021





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We’re looking to pay a great compensation package (depending on experience) for this position. We also offer plenty of extras to sweeten the deal, which could include things like bonuses, life assurance cover, health care and lots of flexible benefits.  


Also, every employee has their personal development supported with a LinkedIn learning account; plus other role specific learning available through our award-winning digital learning platform - O2 Campus. 


We also believe a great work-life balance is important, so we’re open to considering flexible working arrangements. Like to know more, feel free to raise it.  


Join us and we’ll encourage you to be bold every day. So take a deep breath, your career is about to go to exciting new places. 


If you have any questions around the role then please email who will be happy to help.