Financial Accounting Manager

Recruiter
Topps Tiles
Location
Leicester
Salary
Up to £55,000 DOE, up to 30% bonus
Posted
10 Aug 2017
Expires
17 Aug 2017
Sector
Accounting
An exciting opportunity has arisen for a Financial Accounting Manager to join the Topps Tiles team. Reporting into the Head of Finance, you will be responsible for team five FTE’s, two of who will be direct reports Purpose: To take responsibility for the running of the company’s financial accounting & property accounting function including statutory reporting, balance sheet reconciliations, store cost accounting, tax & treasury functions (including corporation tax, VAT, intrastat and day-to-day cash reporting), fixed asset additions, and analysis of key control accounts To ensure that appropriate controls exist such that the company has integrity in its financial reporting – including compliance with key regulatory areas To manage the financial accounting team and ensure that day to day responsibilities are performed to a high standard Key Accountabilities Customer / Strategy / Plan To work with the Head of Finance and rest of the senior finance team to ensure that key aspects of the company’s financial accounting processes are appropriately administered and information is available in a timely fashion Close off the company’s ledgers within agreed timescales and ensure that all key balance sheet control accounts have been reconciled and approved on a monthly basis Ensure there is an open communication with the Financial Planning and Analysis team around the period end accounts preparation – including any areas of judgement involved in the balance sheet and helping to understand key P&L variances to budget Ensure robust financial processes exist to support the integrity of reporting and ultimately safeguard the company against loss (e.g. balance sheet recs, bank recs, etc) and that regulatory processes are complied with (HMRC, Companies Act, etc) People/Leadership Leadership of the financial accounting team and ensure that appropriate discussions are taking place across the team in terms of individual performance (“the what”), developments needs/opportunities, and appropriate behaviours (“the how”). Wherever possible, strive to develop colleagues and (in conjunction with the Head of Finance) offer opportunities for career progression, subject to their wants/needs Work with the financial accounting team to ensure that we are meeting their wants and needs as individuals (the “get”) and that we are getting the most from them (the “give”) – have a daily focus on colleague engagement across the team and support the Head of Finance with the department engagement agenda. Financial / Commercials Take accountability for analysis and reporting of fixed asset expenditure Responsibility for the daily cash position and likely short term requirements, assist Head of Finance over preparation of key aspects of daily banking (e.g. management of loan facility, compliance certificate, facility renewal, etc). Point of contact for bank’s relationship managers Day to day responsibility for FX requirements and forward planning – including liaison with commercial team to understand requirements Corporation tax – oversee and assist in the preparation of corporation tax submissions (including quarterly payments on account) and liaise with external parties for technical assistance when required Work with auditors to ensure subsidiary statutory accounts are produced within the required timescales Lead the property accounting team to ensure accurate accounting for rents, rates and other store property related costs. Ensure that the Head of Finance is well appraised of the company’s financial position – current working capital and cash position and short term forecasting for these measures Risk and process Ensure appropriate processes exist within the finance team to identify key areas of risk and agree with the Head of Finance appropriate plans to manage those risks. Key areas will include (but are not limited to) – segregation of duties within the function, key colleague dependencies are regularly reviewed and identified, bi-annual review of core department controls (supplier setup, bank signatories, expense approvals, capitalisation policy, expenditure by supplier etc) Work with auditors and external parties to ensure that core accounting controls are appropriate and consistently implemented Knowledge, Skills and Experience Required: Essential Qualified accountant, 5 years PQE Experience of operating at a senior functional level – managing the team day to day Good working knowledge of accounting systems – general ledger, purchase ledger, sales ledger, bank recs, EDI, etc Good working knowledge of core finance processes – balance sheet reconciliations, tax, VAT, intrastat, FX planning, working capital management and understanding of PLC reporting requirements Preparation of month end audit file and cross functional dialogue Good working knowledge of broader regulatory environment – corporation tax, PAYE, VAT, statutory accounts, LSE requirements Strong technical accounting knowledge Strong communication skills – both on a 1:1 basis and in a group environment Experience of reporting year-end report and accounts This job was originally posted as www.totaljobs.com/job/75496646

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