Following its recent acquisition by a private equity firm, DX is recruiting a Financial Reporting Manager. The successful candidate will join at an exciting time as the group has begun to make acquisitions for the first time in several years. In addition we are in the process of redesigning financial processes so would have the ability to lead relevant reporting projects.
This key position will be responsible for producing the monthly management reporting required by our owners and lenders.In addition, this role will be responsible for monitoring the group’s covenant compliance.
The role has one direct report and will also prepare the group’s consolidated financial statements.
This role would suit a newly qualified accountant with excellent communication skills, attention to detail, ability to handle complexity and an aptitude for finance systems.
DX is a private equity owned, well-established provider of a wide range of delivery services, including parcel freight, secure, courier and logistics services, across the UK and Ireland.
DX provides a wide range of delivery services to both business and residential addresses. The Group operates through two divisions, DX Express and DX Freight
The DX Finance function has around 45 staff based largely in Ditton Park with teams in Northampton and Willenhall
Responsibilities:
·Preparation of the group monthly management accounts pack. The management accounts are distributed to the board, owners and lenders.
·Management of group cash requirements including debt.
·Lead on debt and covenant management including developing a thorough understanding of the covenant requirements in the group’s debt documents.
·Produce regular forecasts of the group’s covenant and cash position based on DX’s budget and forecasts and identify opportunities to optimise the group’s position.
·Preparation of the group’s annual financial statements.
·Maintain the models for going concern and intangible asset impairment for use in the audit.
·Manage the Financial Reporting Analyst including review of IFRS 16 lease accounting.
Actively participate in ad-hoc projects for example, system upgrades, enhancing internal reporting and supporting acquisitions.
Knowledge and Skills:
·Qualified Accountant (ACA, ACCA or equivalent)
·Understanding of consolidation accounting
·Excellent excel
·Attention to detail, ensuring accuracy of reporting.
·Excellent oral and written communication with ability to engage across all levels.
·Ability to deliver high quality work to deadlines.
Benefits:
* Competitive Rates of Pay
* Holidays: 25 days increasing with length of service + bank holidays
* Long Service Recognition scheme
* Enhanced Maternity & Paternity
* Company Pension Scheme
* Life Assurance
* Employee Assistance programme including 24/7 Virtual GP
* DX Discounts Portal
* Excellent opportunities for career progression and more!!
We look forward to hearing from you