Senior Financial Accoutant
Salary £300 - £400 per day
Consultant Jack Banks
Date posted 30 August 20192019-08-30 2019-09-29 retail Leicestershire Leicestershire GB GBP 300 400 400 DAY Robert Walters https://www.robertwalters.co.uk https://www.robertwalters.co.uk/content/dam/robert-walters/global/images/logos/web-logos/square-logo.png
Summary I am currently recruiting for a Senior Financial Accountant to join a Financial Accounting team based in Leicestershire. This team takes responsibility for the running of the company’s financial accounting & property accounting functions, including statutory reporting, balance sheet reconciliations, store cost accounting, tax & treasury functions (including corporation tax, VAT, intrastat and day-to-day cash reporting), fixed asset additions and analysis of key control accounts. The job holder will be involved in various projects, including supporting the Financial Accounting team with integration of the accounting of the Commercial tranche.
•To work with the Financial Accounting Manager and the rest of the finance team to ensure that key aspects of the company’s financial accounting processes are appropriately administered and information is available in a timely fashion.
•Close off the company’s ledgers within agreed timescales and ensure that all key balance sheet control accounts have been reconciled and approved on a monthly basis.
•The job holder (and team) will have accountability for the property accounting function, store cost accounting, processing of monthly payroll, implementation of IFRS 16, and supporting the integration of the Commercial accounting function.
•Look to drive improvements where possible to increase the reliability and robustness of controls and reconciliations.
•Ensure there is an open communication with the Financial Planning and Analysis team around the period end accounts preparation – including any areas of judgement involved in the balance sheet and helping to understand key P&L variances to budget.
•Ensure robust financial processes exist to support the integrity of reporting and ultimately safeguard the company against loss (e.g. balance sheet recs, bank recs, etc.) and that regulatory processes are complied with (HMRC, Companies Act, etc.).
•Leadership of a team of 2 Financial Accounting Assistants ensuring that appropriate discussions are taking place across the team in terms of individual performance ("the what"), developments needs/opportunities, and appropriate behaviours ("the how").
•Wherever possible, strive to develop colleagues and (in conjunction with Financial Accounting Manager / Head of Finance) offer opportunities for career progression, subject to their wants/needs.
•Communication with other departments who either feed information to the accounts or utilise information generated (for example property for fixed assets).
Financial / Commercials
•Lead the property accounting team to ensure accurate accounting for rents, rates and other store property related costs.
•Work with external auditors to ensure robust group and subsidiary statutory accounts are produced within the required timescales.
•Monthly review of balance sheet control accounts and month end audit file.
•Ensure that the Financial Accounting Manager is well appraised of the company’s financial position.
•Good working knowledge of accounting systems – general ledger, purchase ledger, sales ledger, etc.
•Good working knowledge of core finance processes – balance sheet reconciliations, tax, VAT, intrastat, FX planning, working capital management and understanding of PLC reporting requirements.
•Good communication skills – both on 1:1 basis and in a group environment.
•Experience of reporting for year-end accounts, including preparation of statutory accounts and notes ("Glossy" version and subsidiary accounts).
•Experience of managing a small team.
•Good working knowledge of broader regulatory environment – corporation tax, PAYE, VAT, statutory accounts, LSE requirements.
•Strong technical accounting knowledge.
•Knowledge and experience of Microsoft Dynamics.
•Advanced Excel skills including the use of formulas, VLOOKUP, Pivot Tables, SUMIF/SUMProduct.
•Experience of MS Word and Outlook.
•Experience of liaising with external providers – banks (including covenant certificates and other areas of compliance), auditors, etc