JOB PURPOSE
The position covers a range of accounting functions, providing the employee with the opportunity to use their current experience and gain additional core management, costing and financial accounting skills. The role works closely with various members of the Accounts Payable and Sourcing teams and has exposure to the Manufacturing and Commercial functions. Full study support will be provided and fast progression through to professional qualification via the Level 7 Accountancy Apprenticeship scheme will be both supported and expected.
KEY ACCOUNTABILITIES
- To analyse and report on key financial data within the organisation ensuring that managers receive timely, accurate and relevant information.
- To provide support to the Chief Management Accountant in managing and developing the management accounting function to ensure that:
- The accounting system reflects accurate costs of acquisition/production.
- Variances are investigated, and appropriate corrective action is taken.
- Accurate and relevant cost information is available for the company's decision makers.
- Play a key role in the budget setting process working closely with all departments in compiling, analysing and reviewing annual budgets and periodic forecasts.
- Provide support for the continuous improvement of the standard setting process and calculation of overhead rates. Analysis of the key drivers for the movements in the rates for presentation to internal management and auditors.
- Control, management and development of the Company's fixed asset register and asset purchase systems.
- Play a major role in the month end and year end close process, supporting both the financial accounting and management accounting teams. Investigating, analysing, and interpreting the results, understanding and resolving issues arising and ensuring that the books are closed, and the management accounts pack produced in a timely and accurate manner.
- Analysis of GRIR (GRNI) balance to identify, resolve and prevent non-compliance and process issues within the Company and recommend and document new working practices to help eliminate their reoccurrence.
- Work with non-finance departments to ensure that processes are transacted correctly ensuring the integrity of the financial information in the system.
- Management of corporate compliance activities.
- Accounts Payable - Provide support, advice and guidance to the Accounts Payable and Sourcing teams on handling inquiries, resolving issues, and addressing questions related to invoice posting and matching.
SECONDARY ACTIVITIES / TASKS
- To undertake any other duties and responsibilities as required / instructed to maintain and / or improve the efficiency, quality and service provided by the Finance Department.
EXPERIENCE, KNOWLEDGE & SKILL
ESSENTIAL
EXPERIENCE & KNOWLEDGE
- A graduate with a numerical degree.
- Part qualified accountant with a willingness to work towards full ACCA/CIMA qualification
- Drive and passion with a desire to understand how business works
SPECIFIC / TECHNICAL SKILLS
- Advanced Knowledge of Excel (handling big data, Pivot tables, knowledge of formulas such as V/H/XLOOKUP, SUMIFS, INDEX, MATCH, IF statements)
- Good Knowledge of SAP (or similar) system Finance and Costing, Sales, Production and Materials Management
EDUCATIONAL QUALIFICATIONS REQUIRED
- A numerical degree, part qualified ACCA/CIMA
RELEVANT PROFESSIONAL MEMBERSHIPS
- Be a Part Qualified member of a relevant accountancy body
PERSON SPECIFICATION / COMPETENCIES
- Ability to work across multiple tasks at the same time liaising with multiple departments
- Excellent inter-personal skills and be able to work as part of a cross-functional team
- Strong attention to detail and good analytical skills
DESIRABLE
EXPERIENCE & KNOWLEDGE
- Accounting / Business degree or similar preferable
- Work experience in a relevant role
SPECIFIC / TECHNICAL SKILLS
- Macro level Excel skills
- Exposure to UK Accounting Practices
RELEVANT PROFESSIONAL MEMBERSHIPS
- Existing membership of ACCA / CIMA