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Financial Reporting Specialist
2 months ago
Position Overview
Teledyne UK Limited, a prominent player in the aerospace and defence electronics sector, is seeking a dedicated Financial Reporting Specialist to enhance our finance team. Our organization is committed to providing cutting-edge technologies that support various industrial growth markets.
Our mission at Teledyne is to empower our clients in creating a safer, more secure, and interconnected world. As a leader in the design and manufacturing of radio frequency (RF) technology, we pride ourselves on our innovative solutions tailored for complex applications.
At Teledyne, we uphold the principles of Equality, Diversity, and Inclusion, ensuring that every team member feels valued and respected. We are also deeply committed to occupational health, safety, and environmental sustainability, striving to improve our working environment continuously.
Key Responsibilities:
In light of a recent vacancy, we are looking for a Financial Reporting Specialist to join our onsite finance team. This role will report directly to the Financial Controller and will encompass the following key responsibilities:
- Accurately assess stock and work in progress (WIP) valuations in line with accounting standards.
- Generate period-end stock and WIP valuation reports, ensuring reconciliation with the General Ledger and identifying items for the Excess and Obsolete stock provision.
- Prepare monthly management accounts, including accrual and prepayment calculations.
- Conduct variance analysis to compare actual results against planned forecasts.
- Execute monthly Balance Sheet reconciliations.
- Provide leadership and support to the Finance Administrator.
- Record monthly payroll entries in the General Ledger.
- Report on labour hours utilization.
- Oversee inter-company invoicing and reconcile group balances.
- Prepare VAT returns for submission to HMRC.
- Engage in additional tasks and projects to assist the Financial Controller and Site Leadership Team.
Ideal Candidate Profile:
- Fully qualified or finalist in CIMA or ACCA.
- Degree in Finance, Accountancy, Mathematics, or equivalent experience.
- Familiarity with manufacturing environments is advantageous but not mandatory.
- Proven experience in a deadline-driven environment.
- Detail-oriented with a strong emphasis on accuracy.
- Ability to work independently as well as collaboratively within teams.
- Proficient in IT, particularly in MS Excel for spreadsheet development and manipulation.
- Strong interpersonal and communication skills.
- Adaptable to a fast-paced and dynamic business environment.
- Experience with new systems implementations is a plus.
- This role is also suitable for individuals aspiring to advance towards a Financial Controller position in the future.
Benefits:
Teledyne is dedicated to conducting business with the utmost ethical standards. We expect all employees to adhere to applicable laws and regulations, maintaining our reputation for integrity and innovation.
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