Group Accountant in Buntingford NAV/BC

The position of Group Accountant has been created to lead the accounting and financial reporting activities across the Group, playing a pivotal role in the organisation's immense growth plans.

Reporting to the Head of Finance and managing functionally one Finance Manager, the role includes:

Subsidiaries of the Group outside the UK:

• Oversee all financial transactions for the 16 subsidiaries across EME and US, reviewing Trial Balances, Reconciliations and Annual Financial Statements.
• Review bank reconciliation and aging reports prepared by the AP Manager.
• Review payroll reconciliations.
• Post and review Project Revenue and Cost accruals.
• Reconcile intercompany accounts.
• Oversee VAT submissions and CIT calculations (prepared by external tax advisors)
• Participate in external annual audits of various entities within the Group, ensuring compliance with accounting principles and industry regulations.

Parent Company and 3 subsidiaries in the UK:

• Post and reconcile accounts related to Prepayments, Accruals, Fixed Assets, Hire Purchase and taxes.
• Review bank reconciliation and aging reports prepared by the AP Manager.
• Prepare and submit VAT returns for the UK entities.
• Review CIT returns.
• Reconcile intercompany accounts.
• Review payroll reconciliations.
• Issue all Transfer Price Invoices on a quarterly basis.
• Post and review Project Revenue and Cost accruals.
• Post and review EMI (Share Options) expenses, Investment in Subsidiaries, Impairments, bad debts.
• Participate in external annual audits of various entities within the Group, ensuring compliance with accounting principles and industry regulations.

Group Accounting:

• Prepare the group consolidation (in excel, not automated) including all adjustments to UK Gaap.
• Lead and support the group audit, ensuring compliance with accounting principles and industry regulations.
• Define the timelines and agree with the auditors.
• Set up timelines for closings, communicate and enforce its adherence to.
• Ensure adherence to accounting policies by training users and auditing transactions from time to time.

Group Management Report:

• Prepare the management accounts and track deviations.
• Prepare the consolidated project report.

Future projects:

• Implement quarterly hard closings for YE 2024 and monthly closings for YE 2025.
• Insource the accounting for Germany & Italy in order to optimise the closing process and eliminate the reconciliation required for keeping two accounting ledgers for the same entity.
• Automate the Consolidation of Accounts
• Take ownership of the ERP for VAT and Accounting (set ups, templates for creating new entities).
• Implement a Stock system.

Qualifications:

• Qualified accountant with a recognized professional accounting body (ACA/ACCA or CIMA).
• Previous experience in Consolidation of Accounts and preparation of Group Statutory Financial Statements and Parent Company Statutory Accounts.
• Experience in leading and implementing hard closings.
• Experience with consolidation of subsidiaries in multi-currencies.
• In-depth knowledge of UK Gaap or IFRS.
• Proven expertise in overseeing the external audits with a keen attention to detail.
• Proficient in Microsoft Business Central (or similar ERP), advanced excel.

Desired:

• Previous experience in Project- oriented companies.
• Previous experience in manufacturing (stock and costing of Work-in-progress).
• M&A experience from an accounting perspective.

Experience in Start-ups/ High growth entities