Financial Company Accountant
- Recruiter
- Raeburn Group Limited
- Location
- Aberdeen
- Salary
- Neg.
- Posted
- 28 Apr 2017
- Closes
- 12 May 2017
- Sectors
- Accountancy
- Contract Type
- Permanent
- Hours
- Full Time
Our client is currently recruiting for a Financial Company Accountant on a 12 month fixed term contract.
12 month fixed term contract
Aberdeen or Edinburgh
Introduction:
The role is responsible for overall delivery of the financial results for one of our European subsidiaries and all of the legal entities within that country.
Deliverables will include management reports to group, statutory accounts, relevant regulatory returns, tax returns and board reports; plus input to forecasting and budgeting processes.
The role involves working closely with the core processing teams in the UK (Accounts Receivable, Accounts Payable and Cash Team).
The role-holder will report to the Head of Reporting & Financial Analysis EMEA and will be required to maintain robust controls to ensure accurate and timely financial information is produced in line with the group reporting close process and group accounting policy.
A significant degree of autonomy is expected.
Responsibilities:
Corporate Accounting:
Responsible for overall delivery of relevant European subsidiary results to regional and group timetable, in line with group policy.
This includes revenue postings, expense postings, accruals and prepayments as well as any other accounting required in a given period
Responsible for monthly submission of results to group using HFM (group consolidation tool); provide all relevant information including balance sheet movement analysis and explanation of significant variances.
Prepare monthly management accounts and commentary explaining results and variances to senior management and the group reporting team. As a result identify any issues and resolve on a timely basis.
Understand the sources of revenue for the company, performing analytics and detailed checks to ensure amounts are accurate and complete.
Prepare balance sheet reconciliations as appropriate and ensure all balances are accurate and valid. Provide balance sheet commentary to senior management and the group reporting team.
Review balance sheet reconciliations prepared by the core processing teams and ensure all balances are accurate and valid.
Reconcile inter-company balances and work with counterparties across the group to resolve differences on a timely basis.
Ensure robust control environment exercised to produce accurate and timely financial information.
Statutory & Regulatory Reporting:
Prepare statutory accounts for assigned European subsidiaries of the Aberdeen group and liaise with external partner to produce local GAAP compliant accounts.
Build good relationships with the auditors and ensure full audit schedules and explanations are provided through interim and year-end audits.
Support the preparation of the PLC annual report at year-end, including preparation of appropriate disclosure packs.
Prepare regulatory returns and calculations where relevant and ensure timely completion and submission of all relevant regulatory returns for assigned subsidiaries.
Management Reporting, Budgeting & Forecasting:
Support the management accounting team in the preparation of the annual budget and provide challenge where appropriate to control costs.
Prepare quarterly board reports and analysis.
Prepare monthly management reports required by local management.
Feed into group forecasts and ensure significant variances highlighted to senior management.
Prepare monthly working capital analysis for assigned UK entities as required by the group treasury team.
Prepare ad-hoc financial analyses and reports as required.
Transfer Pricing / Corporate Tax:
Understand group transfer pricing policy and implications for subsidiary entities assigned.
Prepare transfer pricing calculations out and explain inter-company transactions to receiving entity accountants, providing supporting analysis where required.
Review transfer pricing calculations in and query inter-company transactions with preparing entity accountants where appropriate.
Co-ordinate settlement of transfer pricing invoices related to assigned entities.
Ensure appropriate legal agreements are in place to support transfer pricing policy impacting assigned entities.
Understand basic rules on tax deductibility and review transactions within assigned entities to ensure unusual / one-off transactions are highlighted to the group tax team and external partner.
Prepare accounting information and analysis for tax team / external partner to prepare annual tax provisions and computations / returns.
Review initial tax computations to ensure accuracy and liaise with tax team / external partner to complete tax filings.
People Management & Relationships:
Build strong relationships with UK and overseas accountants and develop strong working relationships with group finance teams and wider business.
Process Improvement / Ad-hoc Projects
Responsible for documentation of all processes and controls applicable to the companies assigned.
Identify process / control weaknesses or inefficiencies, develop process improvements and work with the wider team to implement improvements / efficiencies identified.
Represent finance in ad-hoc projects as required.
Competencies
Client Focus, Communication, Culture, Teamwork, Problem solving, Quality work,
Financial analysis and control, Persuading and influencing
12 month fixed term contract
Aberdeen or Edinburgh
Introduction:
The role is responsible for overall delivery of the financial results for one of our European subsidiaries and all of the legal entities within that country.
Deliverables will include management reports to group, statutory accounts, relevant regulatory returns, tax returns and board reports; plus input to forecasting and budgeting processes.
The role involves working closely with the core processing teams in the UK (Accounts Receivable, Accounts Payable and Cash Team).
The role-holder will report to the Head of Reporting & Financial Analysis EMEA and will be required to maintain robust controls to ensure accurate and timely financial information is produced in line with the group reporting close process and group accounting policy.
A significant degree of autonomy is expected.
Responsibilities:
Corporate Accounting:
Responsible for overall delivery of relevant European subsidiary results to regional and group timetable, in line with group policy.
This includes revenue postings, expense postings, accruals and prepayments as well as any other accounting required in a given period
Responsible for monthly submission of results to group using HFM (group consolidation tool); provide all relevant information including balance sheet movement analysis and explanation of significant variances.
Prepare monthly management accounts and commentary explaining results and variances to senior management and the group reporting team. As a result identify any issues and resolve on a timely basis.
Understand the sources of revenue for the company, performing analytics and detailed checks to ensure amounts are accurate and complete.
Prepare balance sheet reconciliations as appropriate and ensure all balances are accurate and valid. Provide balance sheet commentary to senior management and the group reporting team.
Review balance sheet reconciliations prepared by the core processing teams and ensure all balances are accurate and valid.
Reconcile inter-company balances and work with counterparties across the group to resolve differences on a timely basis.
Ensure robust control environment exercised to produce accurate and timely financial information.
Statutory & Regulatory Reporting:
Prepare statutory accounts for assigned European subsidiaries of the Aberdeen group and liaise with external partner to produce local GAAP compliant accounts.
Build good relationships with the auditors and ensure full audit schedules and explanations are provided through interim and year-end audits.
Support the preparation of the PLC annual report at year-end, including preparation of appropriate disclosure packs.
Prepare regulatory returns and calculations where relevant and ensure timely completion and submission of all relevant regulatory returns for assigned subsidiaries.
Management Reporting, Budgeting & Forecasting:
Support the management accounting team in the preparation of the annual budget and provide challenge where appropriate to control costs.
Prepare quarterly board reports and analysis.
Prepare monthly management reports required by local management.
Feed into group forecasts and ensure significant variances highlighted to senior management.
Prepare monthly working capital analysis for assigned UK entities as required by the group treasury team.
Prepare ad-hoc financial analyses and reports as required.
Transfer Pricing / Corporate Tax:
Understand group transfer pricing policy and implications for subsidiary entities assigned.
Prepare transfer pricing calculations out and explain inter-company transactions to receiving entity accountants, providing supporting analysis where required.
Review transfer pricing calculations in and query inter-company transactions with preparing entity accountants where appropriate.
Co-ordinate settlement of transfer pricing invoices related to assigned entities.
Ensure appropriate legal agreements are in place to support transfer pricing policy impacting assigned entities.
Understand basic rules on tax deductibility and review transactions within assigned entities to ensure unusual / one-off transactions are highlighted to the group tax team and external partner.
Prepare accounting information and analysis for tax team / external partner to prepare annual tax provisions and computations / returns.
Review initial tax computations to ensure accuracy and liaise with tax team / external partner to complete tax filings.
People Management & Relationships:
Build strong relationships with UK and overseas accountants and develop strong working relationships with group finance teams and wider business.
Process Improvement / Ad-hoc Projects
Responsible for documentation of all processes and controls applicable to the companies assigned.
Identify process / control weaknesses or inefficiencies, develop process improvements and work with the wider team to implement improvements / efficiencies identified.
Represent finance in ad-hoc projects as required.
Competencies
Client Focus, Communication, Culture, Teamwork, Problem solving, Quality work,
Financial analysis and control, Persuading and influencing