Financial Accountant

Randstad In House Services
08 Nov 2017
16 Nov 2017
Contract Type
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

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