BMW Group Financial Services Accountant
4 weeks ago
Join the BMW Group team as a Financial Services Accountant and embark on a rewarding career journey. Our Accounting Services team is responsible for the financial management of our organisation, ensuring the accuracy and timeliness of financial reporting to BMW Group Headquarters.
Key Responsibilities:- Reconcile and control specific bank and balance sheet accounts, incorporating analysis of postings within the accounts and journal preparation and posting.
- Complete the month-end financial reporting to BMW Group Headquarters for local entities.
- Support the business and assist with customer management and issue resolution from a financial perspective.
- Involved in financial accounting projects and enhancements as they occur, ensuring compliance with national legislation, IFRS's, and BMW Group Accounting Guidelines.
- Daily internal and external bank reconciliations including the timely allocation of payments received to Customer ledgers and investigation of any unallocated funds with various internal departments.
- Ensure all daily payment and direct debit collection files are approved in accordance with the Group Authorisation Policy and processed via internal and external transactional banking partners.
- Processing and reconciliation of supplier invoices and accounts payable ledgers ensuring the payment of invoices within agreed payment terms. As well as raising invoices to external companies and BMW Group entities, ensuring the timely collection of funds within agreed payment terms.
- Calculation, reconciliation and processing of retailer and partner commission payments.
- Supporting your team with the identification, testing and implementation of process and system improvements, working alongside our projects, IT, and robotics teams.
- A competitive annual salary of £23,700, 27 days holiday per annum (pro rata to your contract) and an attractive pension scheme.
- Contracted working hours are 37.5 hours a week, Monday to Friday, helping you develop a fulfilling work-life balance.
- You will have the opportunity to enjoy other employee benefits, including a subsidised on-site restaurant and access to our Advantages scheme which gives you a range of offers and discounts.
We are committed to promoting equal opportunities in employment and job applicants will receive equal treatment regardless of disability, age, gender reassignment, marital or civil partner status, pregnancy or maternity, race, colour, nationality, ethnic or national origin, religion or belief, gender, sex or sexual orientation.
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