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Date Added: Wed 05/06/2024

Financial Accounting & Reporting Partner

Uxbridge, UK
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Company: PARKSIDE OFFICE PROFESSIONAL

Job Type: Permanent, FullTime

Salary: £65,000 - £70,000 per annum, Inc benefits

  • 6 month contract
  • Inventory & COGs
  • J-SOX

My client is seeking an experienced Financial Accounting & Reporting Partner to join their team initially on a 6 month contract.Competitive salary, excellent benefits and hybrid working.Reporting into the Finance Director the Financial Accounting & Reporting Partner leads the day-to-day financial activities relating to third party and intercompany Revenue & is also responsible for the inventory control, cost of sales and distribution costs.This includes preparation of month end accounts, computation of standard costs annually, balance sheet reconciliations, monitoring and explanation of variances throughout the year, and meeting audit and year end statutory accounting requirements in relation to Revenue & COGs from company products.RoleValuation & rec of Group inventories, standard costs reviews to ensure that Inventory & COGs are accurately reported, provide audit deliverables around Inventory & COGs, implement recommendations from audit findings, provides necessary disclosures for Inventory and COGS for year-end & statutory accounts, and submits ONS surveys related to Inventory & COGSDelivers all reporting requirements related to Inventory & COGS, monthly Inventory analysis, COGS variance analysis, and provide commentaries on Actual vs Budget/Forecast variancesCalculates/updates/uploads to SAP standard costs and price list on the BoM when a new SKU is created, monthly reviews on standard vs actual costs for inaccuracies, validates the COGS as part of the month-end close, perform COGs true ups, reviews alongside Supply Chain stock to report obsolete inventories, leads the annual inventory revaluationsEngages with Supply Chain, Technical Operations and Quality Assurance departments to review financial variances and help them identify actions, prepare the standard cost calculation file with the key stakeholders, coordinates and imports to SAC Budget/Forecast deliverables for Supply, Tech Ops and Quality departments , uploads standard costs to SAC, monitoring and coordination of contractual costs and freight costs for alliance members’ semi-finished products addressing queries from affiliates, monthly reviews with Supply Chain for inventory provisions, scrappage & wastageJ-SOX - performs and monitors assigned internal controls, complete Root Cause Analysis and implements process & control improvementsQualificationsQualified Accountant with relevant Finance or Accounting degreeProven experience in similar roles for no less than 4 yearsAdvanced level in MS Office packages, including Power BI and Power QueryExperience in relevant finance systems such as SAP, Ariba and BlacklineFinance knowledge with the ability to communicate financial information clearly to individuals with limited finance knowledgeExperience of financial accounting & reporting and management reporting.Experience in performing SOX (or J-SOX) controlsExperience in process improvementsIndustry (Pharma) experience is a plus.

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