Head Office Accountant

The details

Our client is a rapidly growing FMCG business with a requirement to recruit a Head Office Accountant. The role will manage and oversee the financial accounting and reporting for the head office. It will be responsible for ensuring the timely and accurate preparation of financial statements, managing intercompany transactions, and providing support for budgeting, forecasting and financial analysis. The Head Office Accountant will work closely with the Group finance team and department heads to ensure financial accuracy and compliance with accounting standards and company policies

Responsibilities include:

* Financial Accounting & Reporting:
o Prepare and maintain accurate financial records for the head office, including the general ledger, balance sheet, cashflow and profit and loss accounts.
o Ensure timely and accurate completion of financial close processes within Xero, including balance sheet reconciliations and performance analysis
o Prepare monthly head office management accounts pack with commentary on performance against key indicators.
o Oversee month-end and year-end closing processes, ensuring that all transactions are recorded accurately and in a timely manner.
o Ensure compliance with accounting standards, corporate policies, and tax regulations in all financial reporting

* Intercompany Transactions & Management Recharges:
o Manage intercompany transactions, ensuring that transactions between head office and subsidiaries are properly recorded, reconciled, and aligned with group financial policies. Ensure any discrepancies between head office and other group entities are resolved
o Preparation & invoicing of management recharges from the Head Office to other subsidiaries & resolution of any issues or queries
* Cost Management & Budgeting
o Assist with the preparation and management of the head office budget and forecasts, ensuring alignment with overall company objectives.
o Liaise with key budget & forecast owners to ensure collaborative approach is taken to building the financials
o Track actual performance against budget, providing variance analysis and commentary to senior management.
o Analyse and report on cost drivers, helping to identify opportunities for cost control and efficiency improvements.
* Cashflow & Treasury Management:
o Monitor the head office’s cash flow and assist with cash management, ensuring adequate liquidity to meet operational needs.
o Responsible for weekly payment runs for all head office entities ensuring timely payments

* Tax & Audit:
o Assist with the preparation of VAT, corporate tax, and other statutory filings for the head office
o Provide support for internal and external audits, including preparing necessary documentation and responding to audit queries
o Ensure that accounting practices and internal controls are in line with corporate governance standards and regulatory requirements
o Provide ad-hoc financial reports and analysis as required by senior management or other departments

The successful applicant should have a qualified accountant (ACCA, ACA, CPA or CIMA) and have 3-5 years of accounting experience preferably with exposure to head office accounting in a multi-site company.