Divisional Accountant
- Recruiter
- Seymour John Limited
- Location
- Leominster, County of Herefordshire
- Salary
- £30-40,000 + 5% Pension + Bonus to 15% + Excellent Career Prospects + Study/CPD support + Relocation
- Posted
- 24 Apr 2017
- Closes
- 01 May 2017
- Ref
- Phil Topper
- Job Title
- Accountant
- Category
- Manufacturing / Engineering
- Contract Type
- Permanent
- Hours
- Full Time
Divisional Accountant – Outstanding Career Prospects
Near Leominster, Herefordshire
£30-40,000 + 5% Pension + Bonus to 15% + Excellent Career Prospects + Study/CPD support + Relocation Assistance
The Business:
The client is part of a multinational, ambitious and growing PLC business. With strong recent results, they are expanding through organic sales growth. The business operates across multiple manufacturing sites in the UK and Ireland, the largest one based near Leominster and also home to the Divisional headquarters. Turnover is into the hundreds of millions with over two-thirds of sales being external. The company is highly supportive of staff wishing to develop their careers within the business and is keen to support relevant qualifications and learning, promote internally and operates Development Programmes.
The Opportunity:
You will support the Divisional Financial Team with all financially based activities/projects and assist with the financial and wider integration of new businesses, acquisitions, divestments within the Division. You will further improve and enhance the financial and reporting frameworks within the Division to ensure a consistency of approach and conformity with Group Accounting policies and procedures. You will assist in the development and roll-out of standard Divisional budgeting, planning, forecasting and monthly reporting tools and other models. You will assist in the management and development of continuous improvement initiatives aimed at increasing productivity and reducing Month-End reporting timetables. You will analytically review key business areas in support of strategic plans, business objectives and profit improvement.
Detailed Responsibilities
- To continually review, challenge and assist in the development of all financial based systems and procedures in use across the Division.
- To assist in the integration of (or divestment) of any of the business activities forming part of the Division. In particular to play a key role in the financial, and if required wider integration of new businesses, including scoping, implementing, training and development plans as required.
- To assist in the Balance Sheet review process, including carrying out ‘on-site’ B/S audits, documenting findings and follow up action as necessary.
- Assist in forecasting reviews, ensuring that ‘local’ monthly F/C submissions are consistent with current levels of business activity, and where necessary challenging unrealistic expectations and assisting businesses to improve overall levels of forecasting accuracy.
- Divisional CAPEX Control and Monitoring, ensuring that all CAPEX Applications are properly recorded, checked for completeness and all authorisations monitored and updated. Liaise with business management and ensure that CAPEX project spend is tracked monthly, CAPEX forecasts are regularly updated and consolidated at a Divisional level. Assist in the specification and development of a more automated CAPEX monitoring and tracking system.
- To assimilate, consolidate and ensure ‘local’ credit limit applications meet the requirements for Divisional/Group authorization, and feedback results on monthly basis to ‘local’ businesses.
- Create standard Divisional templates as required to meet Divisional/Group financial requirements. Develop appropriate models to explain, monitor and control the roll-out of these into a live ‘local’ system environment.
- Assist in the implementation and review of Segmental reporting systems across the Division on a phased approach, interacting with ‘local’ ERP/MIS systems as necessary.
- To assist in the review process of half and full year Group ‘Stat’ Packs, identifying potential errors and ensuring pack submissions are accurate and complete within set deadlines.
- Co-ordinate submissions from ‘local’ units of weekly sales and order intake information and preparation of Divisional weekly reports.
- Analytical review of monthly reporting information, budget and strategic plan submissions, including liaising with ‘local’ FCs/FDs to provide a summary of key findings with appropriate explanations.
- To support and back up the Divisional Accountant with all group reporting, monthly Group Pack preparation and other development activities.
- Assist with OpenLink/automation maintenance routines (weekly, monthly, half-yearly, full-year) and explore other opportunities for further roll-out implementation (e.g. budget/strategic plans).
- Assist ‘local’ units with submission of their monthly condensed TBs, reconciling these at a Divisional level and with Group.
- Assist the Divisional IT management with ad-hoc analytical reviews of Divisional IT spend.
- Ensure that the Divisional roll-up of inter-company balances are fully reconciled on a monthly basis and any exceptions are followed up with ‘local’ finance teams, reconciled and updated.
- Provide operational support to ‘local’ UK Finance teams, where agreed beforehand with Divisional FC and as considered appropriate for development needs.
- To fully assist and support the Divisional Team in their day-to-day activities, including maintaining appropriate project/integration plans, attendance at meetings and maintaining minutes/action logs as required.
- Other ad-hoc project work as required from either Divisional CFO or Divisional FC.
You will be:
- A self-motivated, determined professional who thrives on the challenge of continually improving the business.
- An accounting professional, part or fully qualified CIMA, ACCA or ACA, or maybe experienced and still eager to evolve.
- Experienced within a complex and sizeable organisation, and able to demonstrate your positive impact on the business.