Junior Financial Accountant West Bromwich 2024
2 weeks ago
Vibrant Foods is one of the largest South Asian food groups in Europe. We are the parent company of TRS, East End Foods, Cofresh, Everest and Fudco – highly successful South Asian food brands that have been leaders in the sector for decades. Our headquarters are in an office at Croxley, near Watford, with manufacturing and Finance Shared Services in West Bromwich.
We also have sites in Leicester, Nuneaton, Haverhill, and Willesden. We are led by an experienced management team with a long track record in the food industry. Vibrant Foods' impressive array of plant-based products deliver the healthy eating that consumers search for nowadays – lentils, spices, nuts, speciality flours – alongside on-the-go snacks to satisfy younger and more mainstream customer segments.
Role purposeTo work within the finance function to aid in the preparation of the financial results of the Vibrant Group. To ensure proper accounting is performed while ensuring an efficient and effective control environment is built and maintained.
Finance structure: This role is based within core finance and is located within the offices adjacent to our main factory operations and alongside our Shared Service Centre.
Significant change plans are underway to create the process and controls that underpin a best practice finance team including but not limited to the revamp of our existing processes, implementation of new workflow management tools and consideration of a new ERP to modernise and standardise our operations. The finance function within Vibrant is currently in state of being fully designed to take the wider team into the world of best practice accounting and control.
This is an exciting time to get in on the start of this build of finance and help shape the future of Vibrant
Key responsibilities- Participate in the monthly accounting cycle, producing month end journals and where required assist in the coordination of the month end process and any additional requirements.
- Prepare monthly balance sheet reconciliations, ensuring that all balance sheet accounts are reconciled and supported by third party information and/or calculations. Where possible clear reconciling items within a timely manner or report issues to management.
- Carry out a range of accounting activities under the guidance of more senior colleagues to support the compilation, consolidation, and analysis of financial data.
- Collate and analyse data using standard accounting methodologies including monthly movements to assess variances and resolve any queries.
- Assist in the preparation of data required to support the population of regulatory returns (e.g. ONS) and HMRC returns, including but not limited to, VAT, EC sales list and CIS returns.
- Assist in the delivery of the year end audit cycles, building supporting packs and information throughout the year ready for review.
- Support finance management on ad hoc tasks and projects.
- Identifying and implementing process improvements.
- Prepare additional reports and execute additional projects/activities as required by laws/regulations or as instructed by the company management.
Essential experience
- Minimum 1+ years' experience of working in a professional/accounting environment.
- Third Level Education within a Financial/Accounting Discipline (e.g. Accounting based degree or equivalent qualification) with a wish to study further.
- Excel reporting experience (e.g., Excel Pivots, VLOOKUP's).
- Good at juggling and managing multiple and sometimes conflicting priorities while working under time pressure to meet pre agreed deadlines.
- Numerate and analytically skilled.
• Ability to work with array of accounting systems/software. - Strong interpersonal skills, including teamwork, collaboration and relationship building.
- Continuous improvement mindset.
• Comfortable with meeting stakeholders and managing questions. - Verbal, written and digital communication skills to deliver results.
- Worked previously in a manufacturing and/or retail based industry
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