Financial Accountant

3 weeks ago


London, Greater London, United Kingdom ENGINEERINGUK Full time

**Role Description**

The Intercompany and Payroll Accounting Manager will be responsible for managing the payroll and intercompany accounting teams at ENGINEERINGUK. This includes overall responsibility for the payroll accounting function, ensuring UK accounts are correctly reconciled and allocation of charges across the business are correctly accounted.

The role is also responsible for managing the intercompany accounting team, ensuring transactions are correctly allocated between counterparties, reconciliation of balances, and ensuring balances are agreed and correctly settled, with responsibility for the automated intercompany matching tool (ARCS).

Key responsibilities include establishing and maintaining processes and procedures to ensure that intercompany reconciliations are being produced in line with the group reporting timetable.

Additionally, the successful candidate will be responsible for ensuring transactions are correctly coded in the general ledger (Oracle) and liaising with relevant business units to ensure all intercompany transactions are agreed.

The Intercompany and Payroll Accounting Manager will also be responsible for maintaining intercompany account reconciliations, ensuring intercompany invoices are raised in line with local statutory requirements, and providing commentary on material intercompany differences on both P&L and balance sheet accounts.

Collaboration with the treasury team to settle intercompany balances on a regular basis and hedge any material FX exposures to reduce exchange rate risks is also a key responsibility.

The successful candidate will be required to ensure accurate posting of payroll costs and payroll accounts reconciliations, as well as monitoring the cost to employ and standard rate cost build up, ensuring all elements are in line with actual costs.

Ensuring all staff costs are accurately charged and allocated to the correct projects/cost centres is also a key responsibility.

Opportunities for continuous improvements and control improvements in payroll accounting processes will also be identified by the successful candidate.

The Intercompany and Payroll Accounting Manager will be required to liaise with HR, tax and other stakeholders on payroll related matters, including working with international professional tax and accounting advisors.

Execution of the group TP policy, supporting the team with calculation, postings and preparation of intercompany invoices is also a key responsibility.

The successful candidate will also be required to provide support with statutory audit, respond to inquiries by gathering and interpreting data & is involved in ad-hoc requests/project work including finance improvement programmes.

The ideal candidate will have a strong knowledge of professional accounting standards, be qualified CIMA, ACCA or ACA with a minimum of three-year PQE (post qualification experience) or equivalent, and have financial and management accounting practical experience (or equivalent).

Strong knowledge of transactional accounting and close processes, as well as experience of payroll accounting, will also be required.

The successful candidate will be expected to collaborate well with internal and external stakeholders, building trusting and respectful relationships, and adapt and react well to changing priorities and requirements.



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