Ap/ar Specialist

**Overall Job Scope**

The AR/AP Specialist is a member of the Finance Division who acts and supports the Financial Controller, Europe in the month end and statutory financial statements and reconciliations. In addition to preparing reports, responsibilities include compliance, monitoring, internal controls, participating in the month end close and analysing financial data to varying degrees.
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Activities, Duties and Responsibilities**
- Reconciliations on intercompany accounts EU subsidiaries
- Assist with creation of monthly financial reports
- Responsible for the day to day inputting and reconciliations of the company G/L’s in the UK & EU.
- Collaborate with other members of the Finance UK & EU division
- Be a self-starter and able to work under own initiative
- Suggest updates and improvements for accounting systems.
- Ensure that all financial transactions are properly recorded, filed, and reported in line with statutory guidelines and best practice
- Assist the Financial Controller, Europe, to establish and implement financial reporting systems to comply with individual country government regulations and legislation
- Collaborate with external Auditors to ensure proper compliance with all regulations. Good knowledge of UK & US GAAP and able to provide Extended Trial Balances to auditors in order to determine statutory figures
- Assist with the development of financial plans for the company based on research and data reports
- Review costs and recommend cost reduction opportunities
- Assist with the implementation of systems to prevent errors in data collection and calculations
- Report to senior management with timely and accurate financial information
- Assist the Financial Controller, Europe in presenting reports to senior executives, stakeholders, and board members.
- Achieve or exceed the Company Business plan and deliver the Company Strategy
- Reporting and accounting as per regulatory and legal requirements including taxation, annual report and accounts.
- Work closely with the all departments to provide a seamless service to our customers
- Have an understanding with the French language to a reasonable level
- Prepare monthly Intrastat returns and EC Sales Lists
- Prepare quarterly VAT returns under a partial exemption scheme
- Take every opportunity to promote the image and interests of Seralab with customers, suppliers and other contacts
- Actively promote teamwork with all departments, branches of and across subsidiaries of BioIVT
- Assists with periodic operational audits to discover areas of weakness in controls and devises ways to increase efficiencies
- Assist in leading in the month end closing and financial reporting process including account analysis and reconciliation
- Assist the Financial Controller, Europe in leading the UK and EU financial annual audits
- Ensure that financial reports, information and sales materials are accurate and up to date and communicated thoroughly
- Prepare accurate financial information to the Executive Team and Heads of Department working closely with Department Heads to ensure that weekly, monthly and quarterly financial management information is generated accurately and on time and they understand how to interpret and use the output to improve performance
- Monitor and manage international currency transactions for the Company and acquire best value for BioIVT
- Co-ordinate relationships, approvals and accreditations with regulatory bodies
- To comply at all times with client, company and legal requirements such as health and safety, ensuring the display of notices, first aid and accident reporting.
- Work closely with the Management Team to create and maintain Business Continuity Plans to provide consistent service to customers.
- Actively participate in analysing Health and Safety risks within the Business and ensure that all legal responsibilities, company policies and procedures are implemented
- Ad-hoc tasks for Line Manager as required
- To assist the Management Team with all reasonable requests
- Take reasonable care for the Health and Safety of yourself and any other persons who may be affected by your acts and to co-operate with the Company in order that the employer’s duty may be fulfilled.
- Ability to work under pressure and meet tight deadlines.
- Reconciliations on cash and bank accounts. Allocating payments and receipts and following up with queries were necessary.
- Prepare supplier payment runs.
- Keying in Supplier invoices.
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Critical Performance Measures**
- Ensure that all tasks within your department comply with Financial and Legal Standards set within the procedures which are measured through the non-conformance system.
- Long term growth and development of BioIVT businesses
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Person Specification**
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Education and Qualifications**

**Required**:

- Bachelor's degree or master's degree in accounting, business, economics, finance, or a related field or equivalent
- Desire and commitment to achieve further continuo