Finance Accounting Manager
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 head office is located in Croxley, near Watford, with manufacturing and Finance Shared Services in West Bromwich. We also have sites in Leicester, 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.
To 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 and the new core finance function in 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 implementation of new workflow management tools and 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: -
- Supervise and run the monthly accounting cycle and close with particular focus on meeting reporting deadlines and review of journal postings and other work performed by junior members of the team and any additional reporting requirements.
- Lead and manage 2 direct reports and overall assist the members of the team whenever required including setting objectives and development plans aiding progression and cover.
- Be responsible for ensuring all monthly balance sheet reconciliations are complete and reviewed with reporting on the position during and at the end of the month end process. Where items are identified track and push for resolution ahead of the next month end.
- Responsible for the full Group intercompany activity and reconciliation including any month end adjustments
- Carry out a range of accounting activities to support the compilation, consolidation, and analysis of financial data.
- Develop plans to significantly reduce the time taken to complete the month-end process and reporting outputs while ensuring the quality is maintained or better improved.
- Assist in the delivery of the year end audit cycles, building supporting packs and information throughout the year ready for review.
- Support the design and implementation of a robust control environment focussed on risk management and strong internal control framework
- Prepare additional reports and execute additional projects/activities as required by business needs including but not limited to audit support, ONS reporting, DD assistance for investors, etc.
- Create new ways of working, with the ability to challenge the status quo through the use of initiative, creativity and innovative thinking.
- Identify and assist with the implementation of systems and processes to automate and develop the finance controls team strategy
- Credibility as the senior member of the finance team, with the ability to provide strong direction and leadership, motivation and direction for other members of the team and be able to work around the business across all directorates with confidence.
- ACCA/ACA/CIMA Qualified with at least 5years PQE
- Previous experience of managing a team
- IFRS/FRS/UK GAAP experience
- Experience working with group consolidations with complicated group structures
- Experience in dealing with both Corporation Tax and VAT
- Experience in the preparation of multiple sets of financial statements within a Group
- External audit experience
- Strong understanding of control and process design, testing and reporting with proven ability to implement improvements
- 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 and reporting
- Strong Excel skills and ability to compile reports sensibly through self serving
Worked previously in a manufacturing and/or retail based industry.
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