Vacancy NameSenior Financial Accountant Employment TypePermanent CountryUnited Kingdom LocationLiverpool Business AreaFinance Workplace TypeHybrid About PrincesThe Princes Group has over 7, employees with offices and production sites in the UK, Netherlands, Italy, Poland, France and Mauritius. Princes manufactures different food and drink products responsibly sourced and enjoyed by consumers every day. None of this would be possible without striving to be an employer of choice, where our colleagues are proud to represent our business. Role DescriptionWe are currently looking for a Senior Financial Accountant to join Princes.
Group Finance is an important part of the Princes Group with dealings at a high level within the organisation. Reports will be completed for the Group Directors or Chief Executives directly and general reports which are distributed throughout the organisation.
The Senior Financial Accountant is responsible for assisting the Financial Controller (Group) in reporting the group management accounts, management of the year end audit process, submission of VAT returns, completion of reporting to our CO board and taking a lead with the external auditors. Responsible for implementing new financial reporting standards, understanding the impact on the Group results of any changes and communicating this to the business.
Dimensions:
1. The ability to complete, understand and report on a £1.7Bn turnover and £55M PTP consolidation with 8 statutory entities, 4 overseas branches and 12 dormant companies.
2. Assists the Group Financial Controller in providing technical leadership to the group function and provides critical financial support to the Chief Executives and Group directors with regular and frequent contact.
3. Attend external seminars / training on reporting standard changes and then report internally and influence the CEs / senior management on the impact to Group reporting
4. Provide monthly operational and commercial statistics and quarterly financial information to Mitsubishi Corporation.
5. Along with the Group Financial Controller, taking the lead with external auditors (senior manager) during quarterly and annual external audits ensuring the audits are compliant and that our auditors agree with our reporting / approach. .
6. The role provides support and challenge to all cost centre directors influencing the directors to focus on tight cost control within their areas.
7. Completion of financial information accurately with the Group Finance team and within the deadlines set, examples of which include weekly forecast, monthly overhead reports, monthly consolidated accounts, quarterly Mitsubishi accounts submissions, twice yearly board meeting financial information, annual forecast and budget.
8. Communication across the various business areas is critical to enable completion of various monthly, quarterly and ad-hoc requests for information.
9. This role provides a key point of contact to all divisions, providing clarification of all Group Policies.
10. The role has one direct report being the Trainee Accountant.
Principle Accountabilities:
11. In conjunction with the Group Finance Manager, responsible for the completion of the consolidated monthly group management accounts for 11 UK and 3 overseas operations which includes 8 statutory entities, 3 overseas branches and 12 dormant companies.
12. Responsible for the implementation and communication of new accounting frameworks and standards being the main finance contact for advice and guidance.
13. Responsible for taking the lead on projects that produce process improvements within Finance (e.g. project managing the implementation of BPC for financial reporting (month end, forecasting and budgeting).
14. Responsibility for overall control of monthly group overhead reporting. Ensuring all directors cost centres are accounted for correctly and all queries are answered on an accurate and timely basis.
15. Responsibility for the completion of the quarterly financial consolidation package submitted to Mitsubishi including documenting a full audit trail to source documents.
16. Responsibility for completion of the group overheads budget and in conjunction with the Group Finance Manager, responsibility for the completion of the group consolidated budget process.
17. Responsible for the completion of the Princes Ltd statutory accounts including liaison with the group external auditors in order to ensure that there are no outstanding issues.
18. Responsibility for the review of all the Princes VAT Group and EOL VAT reporting requirements and to provide all UK VAT advice where necessary under the guidance of the Group Tax Manager.
19. Responsibility for a high level review of the monthly Intrastat return, including providing guidance and support to the Trainee Accountant.
20. Responsible for authorising all new general ledger codes within SAP and co-ordination of any requirements to re-open prior periods.
21. Responsibility for the compilation and review of quarterly audit packs for all UK companies within the group.
22. Responsibility for meeting various key controls as part of Internal Controls over Financial Reporting and assistance with on-going internal and external auditing of the processes.
23. Finance contact for automated group daily sales report.
Role Requirements
Special Features:
24. Holds ACA / ACCA with a strong academic background
25. Substantial financial accounting experience gained within practice / FMCG
26. Excellent communication and organisation skills.
27. In depth knowledge of IFRS
28. Ability to work to tight deadlines.
29. Keen for a challenge in a hard working environment.
30. Ability to liaise with external auditors.
31. High attention to detail.
32. Ability to influence people across the team and at senior levels.
33. Must be aware of the need for absolute confidentiality
34. Previous management experience (both of their own team and also project teams).
35. Project management skills.
36. Report writing skills.
37. Presentation skills.
38. IT skills – advanced Excel, PowerPoint.
39. Excellent problem solving skills
Benefits:
40. Cash car allowance
41. 25 days annual leave plus birthday off
42. 14.5% pension - 5% employee opt in / 9.5% employer
43. Hybrid & flexible working - 4 days in office / 1 day WFH
44. Flexible holiday option - buy 5 additional days
45. Enhanced family friendly & carers policies
46. Life assurance cover
47. Private medical insurance
48. Critical illness cover
49. Learning & development opportunities
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