Head of Accounting and Financial Control
Location: Cambridge
Contract: Permanent
Hours: Full time
Job Profile: Expert Professional
Salary/annum: (Min £54,636 - Max £85,856) DOE
Reference number: 156/24
Closing Date: 6 January 2025
Security requirements: This role will require a BPSS check.
Description of role:
As the Head of Accounting and Financial Control, you will contribute to efforts to improve and enhance our internal and external reporting, this is a key value add role to the organisation with a high level of visibility within the organisation operating at a senior level. Your contribution to our international group is as follows:
* Leading the Group reporting on a monthly basis in preparation of reporting to internal and external stakeholders
* Leading and managing the Group audits and supporting internal departments in their external reporting requirements.
* Coaching and mentoring of various team members both locally and internationally, to create a stronger and more robust control environment focused on good corporate governance. Supporting the cross-functional development of a high-performing finance team
* Building relationships with senior internal stakeholders, and supervisory bodies, such as the CEO, FD, and executive directors
* The role reports into the financial director, and will be supported by a class leading senior finance team, based in the UK operating internationally
Main responsibilities:
* Liaise with external financial auditors, co-ordinate audit requests across the team & assist with preparing audit and accounting papers
* Implement and deliver on recommendations by auditors to deliver holistic improvements into our control environment
* Prepare the group consolidated accounts and related entity statutory accounts, with a specific focus on UK statutory accounts
* Building and working with our international finance teams to ensure audits are progressing timeously and working with the teams to implement any recommendations.
* Help draft and shape accounting policies, with recommendations and improvements as required due to accounting standard changes or updates.
* Provide technical accounting advice on key transactions or changes in accounting standards.
* Assist with tax queries from external tax advisors to finalise yearly corporation tax returns
* Review UK VAT submissions on a quarterly basis
* Responsible for the month-end process ensuring all tasks are completed by the team within the timetable, and preparation of the reporting papers required for monthly group reporting
* Ownership of the accounting system and integrity of data within the system, performed through detailed review of control reports
* Supporting for the cash flow management of the group and ensuring accurate reporting and recommendations for effective treasury management, working with the Financial Controller to ensure efficient cash management.
* Supporting the development of an internal audit function within the Group and creating a culture of ownership and good corporate governance
* Guide and help with developing the management accountant's skillset & knowledge base
* Assist with year-end audit & any ad-hoc tasks / analysis & project work
* Drive process improvements within the finance team
Travel:
This position may require regular travel both in the UK and abroad.
About us:
TWI Ltd is a world expert in engineering, materials and joining technologies with significant property assets. We provide industry with advice and know-how in design, fabrication, failure analysis and prevention.
If you are looking to join an organisation that is fuelled by innovation, teamwork, and openness, this role could be for you.
Diversity & Inclusion Statement:
TWI Ltd is committed to treating all employees fairly and to being an inclusive employer. Our aim is to create a work environment where our employees can reach their full potential. We put Equality, Diversity and Inclusion at the heart of our people practices to attract, develop and retain the best talent. We recognise that it's the differences of our people that gives us our competitive edge and enables us to maintain our world leading reputation. We have made Inclusion our number one corporate value to demonstrate our commitment to ensure it is at the core of everything we do at TWI.
Disability Confident Scheme:
We are pleased to confirm that we have achieved the first stage accreditation, which means we are a 'Disability Confident Employer'. This is a government-supported scheme that supports organisations like TWI to make the most of the talents that people with disability can bring to our workplace.
Why work for TWI?
We offer a competitive salary, share-in-success bonus scheme, generous pension scheme, holiday (20 days + 5 Corporate days + 8 bank holiday's), private health and dental cover, career development and training, onsite employee restaurant, onsite gym, day nursery available for companies on Granta Park (Cambridge) site (subject to availability), onsite parking and more.
We know that balancing work and personal life can at times be challenging. This is why we continue to review and implement family friendly policies including hybrid working, flexible working, enhanced maternity pay and paid parental leave.
TWI Culture:
As one of the world's leading independent research and technology organisations, we are committed to attracting, motivating and retaining the best talent from around the world. Our goal is to develop the next generation of experts to address future industry challenges.
We are committed to creating a culture that recognises and respects the differences between people while valuing the contribution everyone makes to TWI.
TWI Values:
Our six values provide a point of reference for the way we expect our people to operate and behave:
* Inclusion: Valuing the contribution from every individual, creating value for our customers
* Teamwork: Building effective working relationships, we accomplish more together
* Adaptability: Engaging positively with change to meet the needs of the business
* Taking Responsibility: Achieving our objectives and personal development
* Innovation & Expertise: Championing new ideas and sharing knowledge to solve industry problems
* Customer Focus: Building trusting relationships with our customers
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