Management Accountant

The role covers the following key areas:

Management of Cost of Sales - monthly accruals, cost assurance of monthly bills from suppliers,

1. Ownership of working capital accruals and prepayments for the group
2. Supporting the Month end close and reporting process
3. Manage the accounts payable analyst

Main Responsibilities

The main responsibilities of the role will be:

Business Partnering

• 1. Partnering with the Head of Carrier Networks on reconciling carrier costs to rate cards and accruing for cost incurred but not yet billed

2. Reviewing monthly carrier bills and reconciling against NOMAD (Internal billing system) to ensure all costs billed to customers. Working with Head of Billing and VP of Commercial on gaps

3. Working with the CTO to ensure the internal capex projects and IT opex costs are recording correctly allowing analysis on spend to take place efficiently and highlighting areas of cost reduction.

4. Working with the Marketing team to ensure costs are accrued or prepaid where necessary.

5. Working with the Operations team to reconcile the stock balance in Sage and reviewing stock levels each qtr to determine any write downs.

Financial Accounting

• 1. Ensuring that the carrier costs are correctly recorded in the P&L and accruals or prepayments are posted correctly

2. Posting of deferred and accrued revenue journal past from Head of Billing

3. Maintaining balance sheet reconciliations for all working capital accounts across the group

4. Working closely with the accountant in Estonia and local advisors

5. Integrating subsidiary finance team into "one Velos" finance shared services team - one of transition supporting Head of Finance Operations

6. Working with Credit Controller to ensure bad debts are provided for in a timely manner

7. Supporting annual audit process and ensure areas of responsibly are audit read at all times.

Process and team

• 1. Ensure that the business operates an effective control environment with closely with Head of Finance Operations

2. Helping drive faster close program with wider finance team to close in WD5 or less

3. Day to day management of accounts payable analyst (new hire to the team)

4. Ensuring purchase ordering process is efficient

5. Review Purchase invoice approval process - no retrospective PO's

Financial Reporting

• 1. Supporting the Head of FPA with insight and analysis on costs movements and working capital changes

2. Collaboration with the FP&A function to support budgeting and forecasting activities,

Qualifications/Experience?:

• Qualified accountant CIMA/ACCA/ ATT; ideally with 1-2 years PQE,
• Prior PE experience is preferred,
• Strong Excel and financial systems experience preferred,
• Experience using Sage Intact or similar is beneficial,
• Self-starter, highly motivated, autonomous, able to work in a fast-paced environment,
• Experienced in developing and improving financial reporting processes,
• Hands on, with experience working with small teams,
• Excellent communicator and team player.