Financial Accountant

  • Location
    Luton, Bedfordshire
  • Salary
    £ 35000 - £ 45000 / Hourly
  • Job type
  • Industry
  • External Reference
  • Category
    Accountancy & Finance - AAT

Financial Accountant Vauxhall Motors

The main responsibilities of the position are:
To prepare and control the production of the financial statements for the commercial and manufacturing entity of Vauxhall Motors Limited (VML) ensuring that the profit & loss and balance sheet accounts are correctly consolidated into the Group financial reporting system.
To establish working patterns necessary to achieve the highly time pressured reporting timetable and dealing with any queries that may arise during this process.
To produce and manage the accounting entries for 2 defined benefit pension schemes, including management of payments due to the plans as per the schedule of contributions, and provision of key data to various departments.
Responsible for managing the reconciliation of any restructuring/redundancy provisions.
The completion of compulsory periodic returns to the Office of National Statistics which involves working with all departments to gather the necessary data.
To act as a point of contact and support on a wide variety of accounting issues between ANCE and all other departments.
Assist the Business Unit Controller in analysing, harmonising and improving accounting processes with a view to improving operating efficiencies.
Liaise with the external auditors at half year, hard close and year end audits to explain processes, procedures and justification of accounting entries, providing sampling information when required.
Responsible for managing the reconciliation of any legal provisions.
Assist in projects that could affect VML, such as SOX implementation, S4 implementation/transformation, Accelcro (NSC - new vehicles), Accelco (Manufacturing flows & new systems), LISA (new payroll) and be the subject matter expert for their own area of responsibility. Responsible for accounting of the wide variety of bonuses and payroll accruals within VML that affect different areas of the business.
Provide key month end schedules to the central FP&A department including an estimate of P+L items below adjusted operating income, a variance analysis of other structural costs, a detailed profit walk analysis, scrap revenues, budget and forecast information for the F1 and F2.
Collection of transactions for the legal entity deemed to be 'unusual' which are to be presented to a central 'unusuals' committee (impairment, restructuring, sale of land & building etc.).

Excellent communication and influencing skills
Ability to build relationships with key members within various shared service centres in various countries as well as with local UK teams
Experience in being able to self-manage workload
A strong, committed work ethic
Ability to question, analyse and interpret data

IFRS and UK GAAP (FRS 102) knowledge
At final stages of professional accounting qualification or newly qualified as an accountant (ACCA/CIMA/ACA)
Proficiency in Microsoft Office, particularly Excel
Experience of working in a time pressured environment, multi-tasking with an ability to meet deadlines
Knowledge of manufacturing accounting flows


Home based/ Luton when required

Duration 12 months- though we are looking to fill internally and if this happens the assignment will end earlier. Though to date we have had little response.

Pay rate Between £35-£45 K prorata

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