Financial Accountant

Recruiter
Randstad In House Services
Location
Telford
Posted
08 Nov 2017
Closes
16 Nov 2017
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time

Do you have experience of working in a Financial Accountant role?
Are you able to work in a fast paced, team orientated environment?

If so, you could be perfect for this role. We are currently looking to recruit a Financial Accountant for one of the world's premier global automotive suppliers. Our client is establishing a brand new, state of the art facility in the Telford area, specializing in high pressure die-casting that will design and build medium to large aluminium automotive components.

Main duties and responsibilities:

  • Financial reporting compliance under local and US GAAP financial reporting standards.
  • Develop, implement robust internal controls compliant with Magna minimum controls.
  • Periodic review of internal controls to test and document effectiveness.
  • Management and supervision of Accounts Payable, ensuring purchase invoices are processed efficiently, vendor accounts are regularly reconciled, payments requests are accurate and control accounts are reconciled.
  • Management and supervision of Accounts Receivable, ensuring customer selfbilling invoices are reconciled, sales invoices are posted correctly, customer accounts maintained, overdue invoices effectively progressed and control accounts are reconciled.
  • Daily reconciliation of bank balances to ensure payments and receipts are efficiently posted to SAP.
  • Prepare general ledger journals for non-direct postings.
  • Reconcile and agree intercompany balances.
  • Review and prepare justification for all operating lease requests, ensuring correct financial reporting under local and US GAAP financial reporting standards.
  • Monthly reconciliation of all balance sheets including trade debtors, trade creditors, bank accounts, accrual accounts, prepayment accounts, provision accounts, VAT accounts.
  • Monthly reporting of financials into Hyperion Financial Management.
  • Assist with preparation of quarterly forecasts and annual budgets.
  • Preparation of weekly cashflow forecast.
  • Assisting with group financial reporting - monthly, quarterly, forecasts, budgets.
  • Liaise with UK Tax Manager, providing information as required.
  • Prepare monthly P&L forecast with variance analysis to budget.
  • Manage SAP fixed asset module to ensure assets are capitalised and depreciated correctly.
  • Manage foreign currency exposure and liaise with central treasury function to ensure that hedge contracts are implemented for key exposures.

Skills & Experience:

  • Good communication skills
  • Good literacy & numeracy skills
  • Ability to work under pressure and to deadlines
  • Able to follow formal procedures
  • Minimum Qualification Finalist ACCA/CIMA
  • Up to date knowledge of financial reporting standards
  • Experience of SAP
  • Experience of Hyperion

This job was originally posted as www.jobsite.co.uk/job/959487736