Group Financial Accountant

We are a trusted natural extracts and ingredients manufacturer to the global beverage, flavour, fragrance and consumer goods markets from our bases in the UK, the US and China.

We have been making the world taste better since our foundation in 1886, but this is just the beginning. Committed to continuous improvement, we have deep established roots and a visionary strategic path that drives us forward.

Our people are creative, technically excellent and dedicated - allowing us to develop and supply a range of ready-made or bespoke systems to suit even the most adventurous needs.

Everyone from logistics, people team, finance, operations and research and development to sales, marketing, planning, IT and procurement work together, making us the partner of choice for our international customer base.

Job title: Group Financial Accountant

Reporting to: Group Financial Controller

Location: Bury St. Edmunds, Suffolk (Hybrid working opportunities available)

Hours: 37.5 hours per week

The Opportunity

The Group Financial Accountant role is responsible for financial reporting and compliance, half year and year end reporting, audit, and preparation of the Group Annual Report and Accounts. The role will work closely with the Financial Controller supporting with other matters such as treasury and foreign exchange management, Group external reporting and compliance matters.

The Group finance function sits alongside the newly established Treatt Europe and Treatt North America finance teams, and consists of Group Management Accountant and Group Financial accountant (both reporting to Group Financial Controller), Accounts Payable, Accounts Receivable, Group Financial Controller and Group Finance and IT Director.

What it's like to work here

We've been making the world taste better since 1886 and sell over 3000 products in more than 90 countries, but we're only just getting started. We're on an exciting journey and have ambitious plans to become the indispensable partner of choice for the world's leading flavour and fragrance houses, beverage and consumer brands. You can find out more about our exciting organisation here: TREATT | About Treatt the trusted global ingredients manufacturer

On joining Treatt, you'll become one of over 400 international experts, working together to collectively surprise and delight our customers. Nothing is more important to us than the happiness of our people as without them, we'd never succeed. 

We think Treatt's a great place to work, but don't just take our word for it:

"Everyone wants your feedback and opinion; it feels like a place of study where nurturing and encouragement are the standard. It is very clear the hard work that goes into providing excellence for customers, but it is also very apparent that managers have the same goals for helping us all to progress." 

"Joining my close and supportive team was the most enjoyable way to gain more skills and increase my knowledge" 

"Treatt creates an environment to help you be the best you can, with no two days the same and opportunities always available to help you learn and develop. The people and the culture create a fantastic company to be part of" 

What you'll be doing

The key duties and tasks include, but not limited to, the following:

Financial Accounting and reporting

Responsible for individual entity and Group UK statutory reporting

Prepare the Group and financial statements for the annual report

Preparation of half year and full year group consolidation schedules and related notes to the accounts

Assisting the wider business, sales, company secretarial, marketing and sustainability teams with the overall production of the Treatt plc annual report and accounts

Act as a key point of contact for external auditors throughout the year end process

Technical Accounting

Be confident with IFRS accounting standards, and requirements of current UK GAAP

Prepare position papers for audit purposes, summarising our approach to judgmental or material areas of accounting

Assist with share-based payments and other complex accounting areas

Treasury

Management of banking facilities in UK and US, being a contact for the banks for day-to-day financing requirements and queries

Reviewing cash balances on a weekly basis and ensuring these are optimised as far as practicable

Responsible for day-to-day group treasury, advising on borrowing and currency requirements and strategy to optimise cost savings and interest minimisation

Covenant and banking compliance issues in UK and US

Work on refinancing and improving the current borrowing structure of the Group in line with the new European and North American delivery model

Monitoring of FX hedging strategy and overseeing the Group's FX policy

Preparing FX contract recommendations and carrying out trades

Ensure delivery of market expectation net cash or debt commitments for Treatt plc

Tax

Preparation of Treatt's UK and US corporation taxation schedules as required for timely production of tax returns

Liaise with UK and US tax advisers regarding annual tax provisioning process, ensure timely provision of information and processing in the Group accounts

Ensure tax payments on account are made within the required timeframes in both UK and the US, and any other jurisdictions as needed

Ensure tax accounts with HMRC, IRS and a number of States agree to financial records and reconcile on a month basis

Monitor our overseas and United States' taxable presences, advise on new/potential international or state corporation or sales tax filing requirements that may arise from our business strategy

Advise on and manage any project seeking additional tax reliefs, such as R&D credits

Inventory Management

Group oversight of inventory, and inventory controls across UK and US subsidiaries

Assist with the management of Groupwide inventory initiatives, oversight of inventory provisioning and risk management

Internal controls

Assist with documentation of and implementation of controls across the Group

What we're looking for

If you have a genuine passion for what you do and want to work in an environment that celebrates progress, teamwork and dedication, you're what we're after.

• ACA qualified, with 2 years post qualification experience
• Listed company and similar sector experience is desirable
• Practical knowledge of IFRS and UK GAAP
• Advanced excel skills
• Experience of using financial accounting systems and business ERP systems

What we'll do for you

We offer an excellent package which includes a competitive salary; a generous holiday entitlement as well as the opportunity to purchase additional holiday, we also offer a discretionary annual bonus, BUPA medical and dental schemes, pension scheme with 9% employer contribution, life assurance, group income protection, SAYE schemes and free shares.

With the encouragement and development you need, we help you to become your ultimate you. Beyond building a successful career, we also support the wishes and ambitions of our staff outside of the office in achieving a health work/life balance - the wellbeing of our staff is paramount to us, which we actively promote and support by regularly delivering a variety of wellbeing initiatives and offering responsibility based flexibility. There will also be opportunities to be actively involved in community and charity projects and to take part in numerous subsidized social events.

Polite Notice

We politely request that we are not contacted by any recruitment agencies. We have a preferred supplier list and high volumes of speculative calls from agencies negatively impact upon the efficiency of our business. Please help us to maintain the highest levels of customer service by respecting our wishes.