Financial Accountant & Analyst

Recruiter
AO.com
Location
Bolton
Salary
£50,000 per annum
Posted
25 Sep 2017
Closes
03 Nov 2017
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
A bit about us We may have started small, but we've always had very big ideas. We launched in 2000 and we just haven't stopped; a years' worth of achievements always seems more like three at AO. Our customers are now our biggest advocates, and we've made millions of them happy. We've even launched in new territories throughout Europe. Sometimes we have to pinch ourselves. But, we're determined to be the best electrical retailer in Europe, and for that, you need to be driven. We need to be bold enough to try new things, and smart enough to see them through. We need to care about people, and we always like to have a little fun as we do it. More about the role This is an exciting opportunity within our AO Care division for someone to make a real difference to how we build and maintain our current warranty base. Reporting into the divisional Head of Finance, this role contributes directly to the profitable growth of the organisation both in the UK and Europe, with opportunities to build additional models to cover our European locations. The role has a huge focus on data analytics and base management so would really suit a very technically focussed accountant who loves getting into the nitty gritty. We currently have a huge project within the team to transition the current database from an excel-based model to a more efficient BI platform and we would expect the successful candidate to play a huge role in making this happen! Here's what you can expect to be doing - Maintaining the warranty model and developing a thorough understanding of the legal agreements to determine how the sale of Product Protection Plans (PPP) are accounted for on an actual, forecast and budget basis. This will include the setup of new models across Europe. - Owning the measurement and analysis of the Product Protection Plan (PPP) and modelling various scenarios including sensitivity analysis - Ensuring PPP accounting treatment continues to be in line with IFRS including the new revenue recognition standard IFRS15 including producing technical papers. - Investigating PPP variances against budget and forecast, liaising with operational managers and the wider non Finance community. - Timely month end reconciliation of commissions paid from 3rd parties. - Working closely with the commercial teams to generate forecast models for financial planning and forming basis for the budget. - Owning the transition from an excel based model to a more efficient BI platform - Assist in the collation of both external and internal information. - Perform analysis on such information to draw out meaningful trends, insights and recommendations - Identification, management and reporting of key financial risks and issues in relation to contracts A few things about you - ACA/ACCA/CIMA qualified - Previous experience in base management modelling in the warranty/insurance/ telecoms or similar sector essential. - Exceptional analytical and financial skills (ROI, IRR, NPV, etc.) - Have advanced Microsoft Excel skills and experience in developing excel based reporting tools and financial models. - Previous experience in BI tools an advantage Why choose AO? It's not about the job you need now, it's about who you want to be and where you want go. The thing about AO is that you don't have to leave to move on. We have the kind of environment where people learn and thrive and be the best they can be. That's our values talking. We empower each and every person to push the boundaries of what's possible. We're growing rapidly and so should you. Our environment and our culture are vibrant and engaging, you almost have to feel it to believe it. We've got everything you could need in one place, so it's really no wonder we were named Retail Week Employer of the Year 2015. "Our people are our biggest asset, they're our culture: that unique, indescribable thing that makes us really different." Great people deserve great things As an AO employee you can take full advantage of our benefits package. As well as fundamental benefits, like pensions and holidays, we have designed our "AO Perks" to help you out financially, make your work life a little easier or make your home life a lot more fun.
This job was originally posted as www.jobsite.co.uk/job/959166344