Financial Accountant

Join us at EIT:

At the Ellison Institute of Technology (EIT), we’re on a mission to translate scientific discovery into real world impact. We bring together visionary scientists, technologists, engineers, researchers, educators and innovators to tackle humanity’s greatest challenges in four transformative areas:

Health, Medical Science & Generative Biology Food Security & Sustainable Agriculture Climate Change & Managing CO₂ Artificial Intelligence & Robotics This is ambitious work - work that demands curiosity, courage, and a relentless drive to make a difference. At EIT, you’ll join a community built on excellence, innovation, tenacity, trust, and collaboration, where bold ideas become real-world breakthroughs. Together, we push boundaries, embrace complexity, and create solutions to scale ideas from lab to society. Explore more at www.eit.org.

Your Role:

EIT Oxford is seeking a highly skilled and detail oriented Financial Accountant to support the Financial Controller in ensuring the financial integrity of the organisation. The Financial Accountant will play a key role in the preparation of financial statements, statutory reporting, reconciliations, and financial controls, ensuring compliance with UK financial regulations and best practices.

Your Responsibilities:

Assist in the preparation of statutory financial statements, ensuring accuracy and compliance with UK accounting standards. Support the annual statutory audit process, including preparation of audit files, analysis, and responding to auditor queries. Support property valuations, impairment assessments and related accounting adjustments, including preparation of supporting schedules and reconciliations. Prepare and submit monthly CIS returns, ensuring accurate reporting, reconciliation and compliance with statutory deadlines. Prepare VAT returns for assigned entities, including reconciliation of VAT control accounts, review of supporting transactions and investigation of discrepancies, for review and approval prior to submission. Maintain accounting records for investment properties, PPE, capital expenditure and associated lease arrangements in accordance with FRS 102. Review financial information received from external property managers, ensuring completeness, accuracy and appropriate accounting treatment. Complete monthly balance sheet reconciliations, ensuring timely resolution of reconciling items and preparing commentary where necessary. Ensure compliance with financial policies, internal controls, and regulatory requirements. Support Group financial reporting requirements and ensure data accuracy. Support the Financial Controller in implementing and monitoring financial controls and risk management procedures. Work to deadlines to ensure timely month end and year-end financial close processes, proactively communicating any delays and ensuring financial data integrity is maintained. Process and reconcile corporate allocations, transfer pricing adjustments, R&D recharges, and tax provisions. Support financial accounting and reporting across multiple group entities, ensuring accuracy, consistency and compliance with relevant accounting standards Assist and maintain the risk register, updating identified risks regularly and communicating new and growing risks to relevant management. Maintain procedural documentation covering all tasks. Work closely with the accounts payable and accounts receivable teams to ensure assist with financial transaction processing. Assist in cash flow management, ensuring accurate forecasting and timely remittance of funds. Ensure compliance with financial policies, internal controls, and regulatory requirements. Assist in financial system improvements, including ERP enhancements (Oracle Fusion preferred) and reporting automation. Collaborate with other departments, to support budgeting, forecasting, and financial analysis. Drive continuous improvement initiatives to enhance efficiency and financial reporting accuracy. Support ad hoc financial projects and analysis as required by the Financial Controller and Finance Director.

Requirements

Essential Skills, Qualifications & Experience:

Part-qualified or finalist accountant (ACA, ACCA, or equivalent) with strong knowledge of UK accounting standards and financial regulations. Strong excel and analytical skills. Experience in financial reporting, statutory accounts preparation, and audit processes. Strong technical accounting skills and experience in balance sheet and income statement reconciliations. Experience in transaction processing and maintaining financial controls within a complex organisation. Proficiency in ERP systems (Oracle Fusion preferred) and strong Microsoft Excel skills. Ability to work to tight deadlines while maintaining accuracy and attention to detail. Strong analytical skills, with the ability to interpret financial data and provide clear insights. Excellent communication and interpersonal skills to liaise effectively with internal and external stakeholders. Ability to manage multiple tasks, prioritise workload, and work independently. Experience working within a fast-paced, high-growth, or technology-driven environment is an advantage Experience in property accounting, including investment properties, fixed assets, capital expenditure or lease accounting. Practical experience preparing VAT returns and CIS submissions. Essential Skills, Qualifications & Experience:

Experience of working in a multi-national environment would be advantageous. Benefits

We offer the following benefits:

Enhanced holiday. Our annual leave allowance is 25 days plus 8 bank holidays and an additional 3 days between Christmas and New Year. You will also have the opportunity to purchase an additional 5 days annual leave in January and July. Pension - Employer contribution 7.5%, minimum employee contribution 5% Life Assurance. Income Protection Private Medical Insurance as standard for you, your partner and any dependents. Including hospital Cash Plan Employee discounts Electric car scheme Nursery Salary Sacrifice scheme Cycle to Work Scheme Family Planning Neurodiversity support including advise and assessments Coaching & Therapy services

Working Together – What It Involves:

You must have the right to work permanently in the UK with a willingness to travel as necessary. In certain cases, we can consider sponsorship, and this will be assessed on a case-by-case basis. You will live in, or within easy commuting distance of, Oxford (or be willing to relocate).