General Ledger - Projects and Assets Accountant

General ledger, Projects and Assets Accountant

About Us

Ocado Group is a global technology leader reinventing retail through AI and Robotic Engineering. While our technology powers the world’s most advanced fulfilment centres, our people drive our international growth.

We are now launching a new Global Shared Service Centre in Sofia. This hub is the strategic heart of our international finance and people operations and we are looking for team players  to contribute to building the global team from the ground up.

The Opportunity

As a Fixed Assets, Projects & Leases Accountant, you will serve as a strategic contributor within our team, driving the Finance Operations engine to deliver world-class month-end results. We are looking for a visionary who sees beyond the ledger—someone eager to hunt down process improvements, champion continuous innovation and take pride in mentoring a high-performing team toward their full potential. The role offers a unique opportunity to gain broad exposure and make a meaningful impact across key financial operations

Requirements

Accounting, Reporting and Analysis

Fixed Assets

• Execute period end processes in Oracle Fusion to enable capitalisation of costs, retirements, impairments, recharges and the monthly depreciation charge to be generated.
• Process the relevant GL adjustments to facilitate accurate reporting
• Lead the balance sheet reconciliation process and reporting into the EPM database
• Fixed asset note preparation for all the legal entities and for the group consolidated position
• Monthly preparation of KPIs
• Upkeep of the fixed asset datafields (e.g. location data)
• Analyse large data sets within the Fixed Asset register held within Fusion
• Highlight potential resolutions of the data issues - this includes communicating the proposed resolution,  intervention in wider processes and escalating for support, including with technical teams
• Support Tax team with their asset data related requirements to enable timely and accurate claims (Capital Allowances, Sales and Use Tax, Asset tax returns)

Projects

• Administer projects from setting up to closure, ensuring relevant system information is provided
• Maintain project lifecycle in Oracle Fusion System (update Project Templates, Projects Go Live Dates, Projects Classification etc.)
• Maintain and review internal list of projects, applying process and system changes including system upgrades for process enhancement
• Assess assets and apply capitalisation in line with policy, working closely with the fixed assets team
• Support month end closure of Project Sub Ledger
• Manage and populate monthly KPI reports for Project Accounting Team
• Complete timely period close for projects ensuring accurate reporting and reconciliations, incl. adherence to transfer pricing requirements and review of intercompany asset transfers
• Ad-hoc analysis and insights on specific project issues

Leases 

• The end-to-end Lease Accounting (IFRS 16), ensuring the lease accounting system is up to date
• Record IFRS 16-related lessor and lessee accounting entries in an accurate and timely manner and managing the lease liability control account
• Variance analysis to Budget, understanding trends and building a Risk & Opps view of Depreciation and Interest charges
• Prepare lease assets and liability notes and owned asset notes to the accounts
• Lease cashflow reporting of actuals and variances
• Prepare BS and P&L reconciliations to a high standard with key movements analysed, explained and reconciled
• Comply with group accounting policy & practices
• Work according to general ledger close / period end close calendar timelines

Statutory and compliance activities

• Support the Half Year and Year End audit process (incl. providing fixed assets and lease-related disclosures), ensuring that audit deliverables are met, queries are dealt with swiftly and appropriately
• Provide commentary on management account lines

Control environment and continuous improvement

• Embed a culture of controls within the team, responsible for operating effectiveness of all key controls within the team’s processes and remediation of any control weaknesses
• Support the global process owner by continuously driving process efficiency, effectiveness and compliance

Essential Criteria

• Financial qualification Bachelor’s and/or Master’s degree in Accounting, Finance or other relevant field
• Knowledge of fixed assets accounting principles under IFRS 
• Knowledge of project accounting processes
• Understanding of lease principles under IFRS 16
• Experience in a fast-paced global environment
• Ability to complete work to a high standard whilst identifying opportunities for further improvement
• Ability to set and achieve stretch goals prioritise tasks and work closely with colleagues
• Proactive and independent to identify the root cause of issues and understand end-to-end processes and data flows in order to effect change
• Clear and confident communication style
• Strong attention to detail; able to provide accurate and timely data/reporting
• Ability to build trusted relationships
  
  Why you should join us

Sofia is the cornerstone of our global operations. You will work in a fast-paced environment where your work directly impacts the stability and growth of our international teams. This role offers high visibility across the entire finance function. You will collaborate closely with Group Finance on technical reporting, provide critical support to Commercial Finance Partners, and maintain a broad network of internal stakeholders—including FP&A, Tax, Treasury, Accounts Payable, Accounts Receivable etc. to drive operational excellence.

What We Offer You:

• Hybrid office attendance policy that sees you onsite 60% of your time
• 30 days of “Work from anywhere” program
• 25 days of annual leave
• 150 EUR monthly allowance for wellbeing or flexible expenses
• Enhanced maternity and paternity leave policy
• Medical plan including health & dental coverage
• Life and disability insurance
• Employee assistance program
  
  Equal Opportunities Ocado Group is an equal opportunities employer and as such makes every effort to ensure that all potential employees are treated fairly and equally, regardless of their sex, sexual orientation, marital status, race, colour, nationality, ethnic or national origin, religion or belief, age, or disability or union membership status.

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