MAIN RESPONSIBILITIES (HQ Financial Accountant)
- Month-end stock and quarterly book to book reconciliations liaising with SCM to investigate and resolve stock discrepancies
- Calculation of stock provisions including the analysis of slow moving and obsolete stock and recommending potential provisioning
- Monthly analysis of variances and run review meeting with Senior Finance members.
- Manage the day-to-day tasks of the Accounts Assistant, including setting and appraising annual goals and objectives and training plan.
- As Test Cash Controller ensure Test Currency Policy is always followed by applicable staff and maintain CRA log. Liaison with external service suppliers and the review of current contracts.
- Maintenance of inventory standard costs and liaison with MDM team to investigate and resolve discrepancies.
- Preparation of annual Company standard cost review including full analysis of changes
- Perform month-end tasks including Stock balance sheet reconciliations and the preparation and posting of month end journals.
- Assist with year-end audits.
- Assist in preparation of statutory accounts for UK companies.
- Other accounting tasks in support of the head office finance team as deemed appropriate by HQ Financial Controller.
Key Responsibilities
Additional AP Manager responsibilities:
- Manage AP team (1 part-time employee in Basingstoke and 3 full-time employees in Malaysia) and a Cash Management Assistant in Malaysia
- Manage intercompany reconciliations to a high standard, and month end reporting is complete on schedule.
- Identify and agree on KPIs and implement mechanisms for tracking, articulating, and improving these KPIs.
- Maintain a J-Sox controlled environment.
- Month-end reporting to HQ FC on creditors ageing and Top 5 suppliers rec
- Prepare Monthly KPI reports.
Skills, Knowledge & Expertise
- Extensive experience in financial accounting within a head office function of a multi-national organisation.
- Previous experience managing an AP team that deals with international suppliers.
- Experience in managing financial close periods and reporting to tight deadlines.
- Experience of working for a company with physical stock and knowledge of reconciling stock accounts
- Ability to interact with non-finance staff.
- Good knowledge of business finance processes and internal controls (Jsox or Sox would be ideal)
- Experience with JDE would be a strong advantage.
- Knowledge of International Financial Reporting Standards.
- Fully qualified accountant.
Job Benefits
- 25 days' holiday a year plus bank holidays with the opportunity to buy up to five additional days
- Bonus scheme
- Competitive company pension scheme
- Ongoing training and development
- Private medical insurance for all employees (enhanced membership can be purchased for other family members)
- Dental insurance for all employees
- Life assurance
- Income protection scheme
- Employee assistance programme
- Employee Wellbeing events and Mental Health First Aiders
- Employee My Benefits portal offering extensive retail discount