Company Description
Bramble Energy is an innovator of renewable energy technologies; designing and manufacturing high-performance, low-cost, fuel cell stacks using printed circuit board (PCB) materials and processes.
Bramble Energy is a scale-up business on a fast track to becoming a global player in fuel cell technology. Our impact on net zero emissions shall come in the form of sustainable solutions to static and moving power.
Bramble welcomes diversity, ingenuity, and enthusiasm and rewards its staff with a dynamic working environment and significant financial benefits. Bramble transformed itself in its first year and aims to continue the staff growth to meet the growing business needs.
Reporting to the Financial Controller, the Management Accountant will be integral to the finance team ensuring best practice in all aspects of finance, including bookkeeping, payroll, and banking, as well as the publication of appropriate information to the management team and board. You will need to be flexible and adopt a hands-on approach, possessing the experience to support the development of processes and systems which will enable the business to grow in a structured manner. This role will be based at our Head Office in Crawley with the opportunity for hybrid working.
Job Description
Principal Accountabilities
1. Day to day ownership of all accounts including bank, accounts receivable, accounts payable; reconciling bank accounts to ensure accuracy and resolve discrepancies and ensuring timely payment of invoices to suppliers.
2. Management of Procurement process/P2P and AP function; with the support of the Accounts Assistant, oversee the end-to-end procurement process including raising purchase orders to processing supplier payments, negotiating supplier contracts to achieve cost savings, ensuring POs are raised in accordance with company policy, and processing invoices on time whilst managing vendor relationships.
3. Support and cover for all grant reporting and funding applications; working with internal stakeholders, assist in the preparation of financial reports for grant applications, ensuring that all required financial information is included and compliant with the funding body's guidelines.
4. Produce Management Accounts including commentary and balance sheet reviews; Prepare monthly management accounts with a detailed analysis, highlighting key variances from the budget or prior periods. Provide insights into the business's financial health, including trends in revenue, expenses, and profitability.
5. Ensure the appropriate financial controls and processes are in place and documented; Implement and review financial policies to ensure robust internal controls. Continuously look for efficiencies and ways to ensure good value for money.
6. Support in the year-end audit and corporation tax compliance; collaborate with external auditors during audit periods by preparing audit schedules, answering audit queries, and ensuring that financial records are accurate and up to date. Assist in the preparation of corporation tax returns by providing necessary documentation and reviewing the tax calculations to ensure compliance with tax regulations.
7. Create and maintain a 5-year forecast model; develop a rolling 5-year financial forecast model incorporating assumptions for revenue growth, cost management, and capital expenditures. Regularly update the model based on changes in the business, providing the leadership team with insights for long-term planning.
8. Optimize use of working capital; actively seek to improve cash flow e.g. negotiating extended payment terms with suppliers and ensuring inventory levels are managed efficiently.
9. Maintain cash flow forecasting; prepare regular cash flow forecasts to ensure the company can meet its financial obligations. Regularly review and adjust the forecast as new information becomes available.
10. Manage payroll, VAT, payroll tax compliance; ensure accurate and timely payroll processing, including deductions for taxes, pensions, and other benefits. Prepare and submit VAT returns in compliance with tax regulations. Monitor changes in tax laws to ensure payroll tax compliance.
11. Deputize the Finance Controller; Step in for the Finance Controller during periods of absence, overseeing the finance team and ensuring that financial reporting deadlines are met.
Person Specification
1. Able to operate in a fast-paced environment where change is a constant.
2. Results-oriented, with a focus on delivering high-quality work under tight deadlines.
3. Excellent analytical and problem-solving skills, with the ability to translate financial data into actionable insights.
4. Strong attention to detail and accuracy in reporting.
5. Proactive, self-starter with a can-do mindset.
Qualifications
1. Would suit qualified or part qualified (ACCA, CIMA, ACA).
Additional Information
Remuneration & Benefits
1. Competitive salary, scaling with experience.
2. Strong pension contribution.
3. Salary sacrifice electric car scheme.
4. Life Assurance of four times your annual salary.
5. Private Medical & Dental cover.
6. Health cash plan.
7. 25 days annual leave, increasing with length of service.
8. Two days paid leave to volunteer per annum.
9. Employee of the month bonus scheme.
10. Employee referral scheme.
11. Gym membership.
12. Subscription to Headspace.
13. Cycle to work scheme.
14. Flexible working hours.
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