Corporate Accountant Team Leader

HVAC Recruitment Ltd
Newcastle Upon Tyne
10 Jan 2018
09 Feb 2018
Contract Type
Full Time

Our client is one of the UK's leading Facilities Management companies who have traded for over 75 years. They employ a large number of mechanical and electrical engineers throughout the UK and specialist in providing building services maintenance cover too many well-known clients.

They are looking for a Corporate Accountant Team Leader to be based in Newcastle. This is a permanent full time role working 37.5 hours per week

Main Responsibilities/Duties Include:

  • Posting monthly accrued interest, compounding interest and cash journals using information obtained from the treasury system
  • Reconciliations of intra group interest charges and loan balances
  • Foreign currency retranslations
  • Raising invoices and accruals as required
  • Monthly taxation and deferred taxation calculations as required
  • Reporting on a monthly basis into SMART by working day 4 including detailed analysis of all intra group movements.
  • Additional quarterly disclosure: tax proof, current vs. non-current split of assets and liabilities
  • Additional half yearly disclosure: IFRS 7 information and statistics, transfer of financial assets; etc. as required
  • Calculating and preparing the annual as well as 5-year budgets on SMART for submission
  • Preparation of management accounts to a high standard in accordance with FRS 101 or other local GAAP so that the statutory accounts can be prepared easily, and the audits can progress smoothly
  • Dealing with external auditors on all queries raised on the primary books and records during the audit process
  • Assisting the Financial Reporting team in their preparation of the statutory accounts by answering queries
  • Assisting the tax department with any queries they may have in the submission of the tax returns
  • Maintain an accurate in-depth analysis of realised versus unrealised profits to ensure distributable reserves are accurately recorded and the profit and loss is accurately presented in the accounting records
  • Consider impairment losses and loss reversals arising from intra group transactions, such as dividends, on an ongoing basis
  • To provide support to the ongoing development of processes and procedures within the SSC Financial Accounting team
  • To develop SAP and other tools to ensure system is fit for purpose for the UKBU and future growth of the SSC
  • To provide lead on continuous improvement projects undertaken by the accounting services team and ensure on time delivery against agreed timescales
  • All SMART reporting is accurate, robust and meets deadlines
  • Corporate holding companies’ results, forecasts and budgets are accurate and reliable
  • Accurate and robust annual budget and year-end figures submitted in Smart by the specified deadlines each year
  • Accurate and robust monthly figures submitted into SMART by the 4th working day of each month
  • Accurate monthly postings to general ledger by 4th working day of each month
  • Management accounts are robust so there are no audit adjustments to the statutory accounts. Auditors do not identify significant adjustments, prior year adjustments, in corporate company accounts
  • Corporate restructurings are effectively managed to minimise mismatches in Group consolidation first draft
  • Any major accounting implications arising from corporate restructurings are identified, discussed and resolved in advance of implementation
  • Treasury reporting completed each month on an accurate and timely basis

For more information please call the office and speak to Suzie

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