Sector: Qualified Accountancy & Financial Management

Location: Hertfordshire

Type: Permanent

Ref: BBBH67128_1669110395

Salary: £50000 - £60000 per annum

Accountant | Watford | PE backed Retailer | £50,000-£60,000

Accountant job for a private equity backed multi-site retail company based in Watford paying £50,000-£60,000 per annum

Your new company

You'll be working for an ambitious, well established, private equity backed multi-site retailer based in Watford who have grown successfully over the last 5 years through acquisition and increasing their market share and are looking to establish a finance shared service centre.

Your new role

You'll be working as an Accountant and will be responsible for assisting with month end close within IFRS for a number of sites. Your duties will include;

• Timely preparation of monthly financial accounts for Non-Revenue/COGs and related overheads to OneStream upload


• Identify need for adjusting journals recommend correct accounting treatment for unusual transactions for Non-Revenue/COGs and related overheads


• Regular reviews and analysis of revenue related budget & forecast variances for Non-Revenue/COGs and related overheads


• Preparing monthly and maintain cost reallocation modules & Wages Allocation


• Embed key financial control principles, policies and governance at an appropriate level.


• Identify need for adjusting journals decide on correct accounting treatment for unusual transactions and provide support for these.


• Regular reviews and analysis of Non-Revenue/COGs related budget variances


• Review accruals and site level P+L's to ensure completeness and accuracy


• Help and support the finance department with year-end audit procedures


• Collaborate with Business Controllers on financial queries and any required entries pre-MEC review of balance sheet variances and provide Qtly Variance Analysis


• Completion and/or review of cost and balance sheet reconciliations - to include high quality reconciliation files, with peer review on associated supporting documentation.


• Review of balance sheet support for financial reconciliations on Non-Revenue/COGs - fixed assets balance sheet accounts - per TB ownership file.


• Full participation with Finance Systems project teams on developing and improving of financial models - to include , cash, prepayments, Support Centre Overheads, draughting SOPs and UAT.


• Ensuring the day to day and long-term compliance of financial procedures


• Assisting with cash flow forecasting and contribute to cost control and cost monitoring


• Review and ensure consistent commercial terms are being used across our business acquisitions


• Drive accurate accruals processes with attention to detail for statement of unrecorded liabilities.


• Assistance with quarterly and annual budgeting in coordination with FP&A team


• Calculating variance analysis - to include root cause analysis and countermeasures to anomalous entries in the accounts, remediating errors


• Ensuring the day to day and long-term compliance of financial procedures


• Maintain simple progress tracking for allocated tasks/works


• Ensure compliance with IFRS 15 for fixed assets, IFRS 16 Lease Accounting, IFRS 9 & 17 with regard to prepayments


• Bank account reconciliation and assisting with ad-hoc duties to support wider finance department.


• New acquisitions statutory accounts (small companies) liaison, preparation and filing as required

What you'll need to succeed

You will need to be a fully qualified accountant (ACA, ACCA, CIMA or equivalent) ideally with experience working within an accountancy practice although other experience will be considered. You'll need to have a comprehensive working knowledge of IFRS and ideally experience of working within a SSC environment.

What you'll get in return

You'll be paid £50,000-£60,000 per annum and will work a 37.5 hour week in a primarily office based but hybrid capacity. You'll be working for a highly regarded market leader with ambitious growth plans and a highly regarded personal development plan for employees.

What you need to do now

If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now. If this job isn't quite right for you but you are looking for a new position, please contact us for a confidential discussion on your career.

Skills:

Accountant job for a private equity backed multi-site retail company based in Watford paying £50,000-£60,000 per annum