1. Impact on End Results Contribution * Responsible for the Ekit Group's Financial reporting and treasury function. * Produce the monthly statutory detailed accounts for the Group's subsidiaries and consolidate all of the Group's companies in the UK, USA and Australia. * Ensures that the company meets its financial obligations. * Responsible for the financial reporting of the voice trading business
Financial responsibility * The incumbent manages the financial / treasury operations of the group and the preparation of the monthly / annual group accounts. * Responsible for the management of multicurrency bank accounts with average monthly balances of over USD$1 million. * Has the authority to deal with external stakeholders, to ensure that foreign exchange hedges are in place to provide the Group with sufficient funds for operations in USD, GBP, AUD, CAD and EUR. These Foreign Exchange contracts are essential to reduce the Group's risk of currency exchange rates volatilities and minimize the impact in the financial statements of vast movements in them. People responsibility * The incumbent currently has responsibility for three staff - 1 London based - 2 Australia based. Key accountabilities Assist the Chief Financial Officer with the following:
Accounting * Formulate, update and amend the group financial accounting procedures, standards and policies to ensure continued compliance with mandatory and professional accounting principles. * Prepare the annual statutory financial statements in accordance with current accounting principles. * Plan, co-ordinate and control the work of the accounting function, supervising and monitoring subordinates' output, ensuring that all accounts are accurate, complete and reconciled on a regular basis. * Manage the financial administration, and accounting control processes and procedures of the Accounting Team. * Prepare financial statement's schedules, notes and reports to aid and complement the production of the annual statutory financial statements in accordance with currently IFRS. Treasury * Monitor, control and forecast cash flows to ensure that adequate funds are available for payment when liability falls due and efficiently manage any surplus cash on borrowings. * Manage the introduction of any inter company charging mechanisms where necessary with a goal of tax optimisation * Preparation of various returns including BAS and Payroll tax in Australia, VAT in the UK, Sales Tax for the State of Massachusetts and FCC regulatory charges in the USA.
* Ensure the relevant tax returns are filed on a timely basis. People Management * Train, coach and lead to develop a motivated team that can work to high standards.
Knowledge, Skills & Experience * The role requires a qualified, or working towards gaining qualification, accountant (e. ACCA ICAEA) with knowledge of both us GAAP and IFRS. Experience of consolidation and having worked in multi- currencies is a strong plus. * Must be capable of producing accurate and well-presented financial and non-financial reports against strict deadlines. * The incumbent should have a minimum of three years experience of managing staff within a finance function. * Should be able to organise both themselves and subordinates, prioritise multiple work streams and perform to a high standard whilst working towards delivery on various business priorities and deadlines. * Must have excellent interpersonal and communication skills and be capable of taking action and making the right decisions on their own initiative. * The incumbent will need to be able to communicate effectively and professionally, both in writing and verbally to different levels of the business, including up to Board level. * Must be fully conversant with Excel and have experience in the use of computerised accounting and ERP systems (e. Microsoft Dynamics Great Plains). * Experience of working in the Telecommunications industry would be an advantage
If this sounds of interest please email me for a full JD