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Financial Reporting Analyst - MoD

Job Req ID:  53855
Posting Date:  3 Dec 2025
Function:  Finance
Unit:  Business
Location: 

Assembly, Bristol, United Kingdom

Salary:  Competitive

Locations - Bristol, London or Belfast

Hybrid working - 3 days in the office, 2 days working from home. 

Why this job matters

 

BT is entering an exciting new phase as we prepare to sign a two-year contract with the Ministry of Defence (MOD) for the IUS programme. A key part of this agreement is our commitment to Open Book Accounting, requiring complete transparency and accuracy in reporting profit levels. 

 

As a Financial Reporting Analyst, you will play a critical role in preparing and delivering financial statements, regulatory reports, and analysis that meet both internal and external stakeholder requirements. Your work will ensure compliance with contractual obligations and provide the insight needed to support one of BT’s most strategic partnerships. 

What you’ll be doing

 

  • DefCARS (Defence Contract Accounting Requirements) input including systems access and systems training for BT individuals (currently 12 BT people have DefCARs access)
  • Responding to on demand report requests
  • Evaluation and assurance of cost variation
  • Responding to clarification questions
  • Liaising with SSRO (Single Source Regulations Office) on changes to DefCARs, queries around formats and potential system issues. 
  • Other requirements within MOD Finance as they arise

The skills you'll need

 

  • Advanced Excel Skills – Proficient in formulas, pivot tables, and data modeling (Essential)
  • Security Clearance – Must be eligible to obtain UK Government Security Clearance (SC). (Essential)
  • Finance Data, Processes & Systems – Strong understanding of financial workflows and system integration.
  • Financial & Data Analysis and Insight – Ability to interpret complex data and provide actionable insights.
  • Financial Controls, Compliance and Risk – Knowledge of regulatory frameworks and risk management practices. 

Benefits

  • 10% on target bonus
  • BT Pension scheme, minimum 5% Employee contribution, BT contribution 10%
  • From January 2025, equal family leave:  receive 18 weeks at full pay, 8 weeks at half pay and 26 weeks at the statutory rate. It’s for all parents, no matter how your family is made up.
  • Enhanced women’s health support: including help with menopause symptoms, cancer screenings, period care and more.
  • 25 days annual leave (not including bank holidays), increasing with service
  • 24/7 private virtual GP appointments for UK colleagues
  • 2 weeks carer’s leave
  • World-class training and development opportunities
  • Option to join BT Shares Saving schemes. 

Our leadership standards

Looking in:
Leading inclusively and Safely
I inspire and build trust through self-awareness, honesty and integrity.
Owning outcomes
I take the right decisions that benefit the broader organisation.

Looking out:
Delivering for the customer
I execute brilliantly on clear priorities that add value to our customers and the wider business.
Commercially savvy
I demonstrate strong commercial focus, bringing an external perspective to decision-making.

Looking to the future:
Growth mindset
I experiment and identify opportunities for growth for both myself and the organisation.
Building for the future
I build diverse future-ready teams where all individuals can be at their best.

About us

BT Group was the world’s first telco and our heritage in the sector is unrivalled.  As home to several of the UK’s most recognised and cherished brands – BT, EE, Openreach and Plusnet, we have always played a critical role in creating the future, and we have reached an inflection point in the transformation of our business. 
 
Over the next two years, we will complete the UK’s largest and most successful digital infrastructure project – connecting more than 25 million premises to full fibre broadband.  Together with our heavy investment in 5G, we play a central role in revolutionising how people connect with each other. 
 
While we are through the most capital-intensive phase of our fibre investment, meaning we can reward our shareholders for their commitment and patience, we are absolutely focused on how we organise ourselves in the best way to serve our customers in the years to come.  This includes radical simplification of systems, structures, and processes on a huge scale. Together with our application of AI and technology, we are on a path to creating the UK’s best telco, reimagining the customer experience and relationship with one of this country’s biggest infrastructure companies.  
 
Change on the scale we will all experience in the coming years is unprecedented.  BT Group is committed to being the driving force behind improving connectivity for millions and there has never been a more exciting time to join a company and leadership team with the skills, experience, creativity, and passion to take this company into a new era.

A FEW POINTS TO NOTE:

Although these roles are listed as full-time, if you’re a job share partnership, work reduced hours, or any other way of working flexibly, please still get in touch.

We will also offer reasonable adjustments for the selection process if required, so please do not hesitate to inform us.

DON'T MEET EVERY SINGLE REQUIREMENT?

Studies have shown that women and people who are disabled, LGBTQ+, neurodiverse or from ethnic minority backgrounds are less likely to apply for jobs unless they meet every single qualification and criteria. We're committed to building a diverse, inclusive, and authentic workplace where everyone can be their best, so if you're excited about this role but your past experience doesn't align perfectly with every requirement on the Job Description, please apply anyway - you may just be the right candidate for this or other roles in our wider team.

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