Responsibilities
• Oversee activities of Finance Assistant - assist them and provide holiday cover for transaction processing, payments and month end tasks.
• Approve interpany sales invoices raised (check VAT, currency, support) and reconcile invoiced amounts to budget HO recharges schedules
• Monthly reconciliation of certain group costs to annual policy costs professional indemnity, life assurance.
• Monthly analysis andmentary of P&L by department, region, hub and project for review by department Directors. Variance analysis to include month on month (MoM), year on year (YoY) and versus budget/forecast.
• Monthly calculation of prepayments from P&L review and reconciliation of schedule to closing balance in general ledger
• Post monthly payroll expenses and reconcile control accounts for PAYE, pension, wages and holiday pay. Ensure reconciling items identified, investigated and cleared promptly through liaison with People team. Payrolls in UK & ROI.
• Prepare invoices for flexible benefits recharges and reconcile control accounts. Liaison with Hub FCs to explain recharges and accounting and resolve any queries. Liaise with people team to ensure that invoicing detail is accurate, understood and processed across group firms correctly.
• Maintain fixed asset register (FAR), calculate and post depreciation and ensure lead schedules produced and reconciled monthly to general ledger. Liaison with IT department to ensure supplier invoices and FAR correct andplete location/employee captured.
• Accounting for leases under IFRS16 - equipment and property
• Monthly analysis and schedules for all intepany loans in HO entities. All balances checked to counterparties with differences identified and investigated promptly.
• Prepare new group loan agreements as needed and ensure the terms are implemented monthly ( interest calculations and FX revaluations)
• Production of minutes for group dividends (once to twice annually) for all group entities
• Intepany matrices and support for group audit
• Prepare calculation of full year HO recharges ("true up") to include adjustments for "shareholder costs", head count movements, up to date assumptions around HO workforce - in line with group policy and procedures
• Reconciliation of intepany P&L codes Group revenue, Group COS, management services, dividends and IT recharges with differences identified, investigated and resolved.
• Reconciliation of intepany accruals with differences identified, investigated and resolved.
• Monthly logic check on gross margins made by Associates from trade with subsidiaries (XAL, XAIL)
• Preparation of intepany elimination journal monthly and associated checks
• Other reporting tasks and projects as defined by group finance managers
Key Requirements
• Professional accounting qualification
• High class degree and strong academic record
• 2 years minimum post qualification experience in a large organisation
• Transaction processing and reconciliations experience AP, AR, payments, interpany
• Strong MS Office skills (especially Excel)
Additional Requirements
• Ability to coach and develop junior members of the team
• Excellentmunication skills required to build relationships with internal stakeholders and resolve differences together
• Proactive with enthusiasm to learn and develop internal procedures
• Outstanding attention to detail and presentation of work
• Proven ability to meet deadlines and operate in fastmoving environment
Model
Hybrid
Salary
petitive
Benefits
•pany Pension Scheme
• 25 days of annual leave + bank holidays
• Additional annual leave days from certain levels of seniority
• Ability to buy up to 5 days of annual leave to reach a maximum of 30 days per annum
• Business closure over Christmas*
• Life Assurance x4 annual salary
• Enhanced family leave policies
• Enhancedpany Sick Pay
• Employee Assistance Programme - 24/7 support, free and confidential
• Corporate Discounts Platform
Flexible Benefits platform with ability to opt-in to various insurances (level of seniority dependent & self-funded at corporate rates) such as:
• PMI single or family
• Critical Illness Cover
• Cash plan
• Cycle to work
• Eye care
• Dental
*subject to exceptions and business needs Job ID VN1337