Junior Financial Spreadsheet Modeller for Project Finance Team

Parham · 02-13-2008, 10:51 AM

Salary: £40,000 plus bonus and good benefits package
Location: London
If you wish to apply for this position please submit your CV to jason.absalom@parhamconsulting.com

AT LAST! A company that DOESN’T insist all applicants for their Financial Modelling vacancies are fully qualified accountants or have PFI experience! If you just have good, solid, spreadsheet modelling experience, then read on!

THE COMPANY:

This is one of the top ten accountancy firms in the UK and they are seeking further financial modellers for their Project Finance and modelling team. Their work includes, but is not limited to, PFI/PPP advisory. They advise local authority and private sector clients on PFI/PPP and related capital projects, predominantly in education, housing and transport. In the financial modelling role, you will assist clients by creating a model to present issues in a logical and clear manner.

EXPERIENCE REQUIRED:

The experience required for this role is as follows:

• A minimum of two years of solid commercial experience in spreadsheet modelling in an accounting environment/accounting framework
• Experience of producing funding models to secure bank loans, or at least financial models that are accounting or tax-driven
• Experience of model build – BUILDING models from scratch, as opposed to experience solely in model audit or review

Please note the above experience is essential – you require all of the above to be eligible for this role. The classic profile for this role is the management accountant who has found themselves producing financial models for loans.

Desirable, but not essential, is any experience of PFI (Private Finance Initiative) or PPP (Public Private Partnership). A full or part accountancy qualification will make you even more desirable!

I’m afraid experience that is NOT relevant for this role is as follows:

• Financial modelling solely for budgeting and forecasting
• Financial modelling for front office risk modelling or internal risk modelling

Remember, your financial modelling experience needs to be for raising bank loans or accounting or tax-driven.

THE OPPORTUNITY:

So why work here? Firstly, the chance to work with, and learn from, a team of recognised specialists. Secondly, growth. The company are looking to grow this Project Finance team and have a lot of support to do so. There is the opportunity to develop your career within the Corporate Finance division of which the Project Finance team is a part of.

Thirdly, with the company currently diversifying its services there are cross-business opportunities as well, the chance to move horizontally into other sectors. You won’t get stuck in one sector here, but have the chance to work in a variety of sectors. They are a centre of excellence for the education sector and clear market leaders in independent schools, technical colleges and academies.

The company puts a great deal of time and commitment into investing in staff and there is opportunity to progress right the way up through the organisation, as they prefer to recruit from within and promote their own people. In short, you will learn a lot here!