Location: Bristol, UK (Hybrid)
This is a hybrid position primarily based in Bristol. We’re committed to your flexibility and wellbeing, and our hybrid strategy currently requires three days a week in the office, giving you the option to work remotely for some of your working week.
We give you a world of potential
The Global Transactional Accounting (TA) Team comprises of c.40 colleagues, with 15 in Bristol, England, where we have our Centre of Excellence (CoE) team, supported by c.25 colleagues in Hyderabad, India.
The TA CoE coordinates and oversees the month-end close activities for Record to Report (Accounting) and Hire to Acquire (Assets). This involves coordination and liaison with colleagues in our primary markets (US, UK, Canada, and Australia) as well as our offshore operations in India.
We are responsible for the majority of the monthly journal postings, allowing FP&A and Group to perform monthly reporting, as well as the accounting within the Cash Management, Fixed Assets, and Intercompany sub-ledgers. We also prepare balance sheet reconciliations for Financial Control.
Finance is on a transformational journey. We are entering the exciting phase of optimization, where processes are being challenged and then enhanced. This is a great opportunity for those who have a continuous improvement mindset and can hit the floor running.
There are 3 Managers overseeing the output of TA, and they help to establish the right people, processes, and policy compliance to deliver globalized, standardized, and automated services.
A role you will love
You will ensure that the month-end close processes are run efficiently and effectively, that the group timetable is met, and hold our outsourcing partner accountable to meet their SLA’s and KPIs. You will be responsible for line managing 3 accountants/assistant accountants and will also be jointly responsible for monitoring the efficiency of our offshore resources, ensuring efficient use of all resources against the incoming workload.
Key accountabilities:
1. Accounting:
* Review the month-end and period-end closing results & output as prepared by the outsource team.
* Approve journal entries/allocations for special cases with high material values.
* Review internal control and support compliance with accounting standards and control frameworks.
* Support the Financial Control team to provide group external audit support.
* Coordinate (and in high-risk areas review) the completion of balance sheet reconciliations.
1. Oversight of 3rd Parties:
* Oversee the effective running of the applicable R2R and A2R teams in the shared service.
* Manage the outsourced vendor relationship level and escalate where appropriate to the Global Head of Transactional Accounting.
* Work with the offshore accounting Lead on education and training for the outsourced operation team.
* Ensure that work volumes and resources are matched in the most efficient manner (capacity planning).
2. Quality Assurance:
* Support the Global Head of Transactional Accounting to define the strategy, service delivery standards, SLAs, and oversee the work of the outsourced team.
* Monitor the quality and timeliness of offshore work and provide feedback to offshore colleagues and the senior management team as part of ongoing quality improvement.
3. Escalation Management:
* Act as point of contact & escalation to support requests, resolve conflicts, and address other issues raised by other finance and non-finance teams.
* Manage risks & issues and ensure those are resolved or escalated on a timely basis.
4. Other Duties:
* Manage and drive continuous improvement opportunities.
* Communicate with internal stakeholders on a regular basis to discuss operational issues, key metrics, and performance KPI.
What will you bring to the role?
This is a fantastic opportunity to join a team where you can make a genuine impact on how we work and help to shape the team.
Essential:
* Accounting qualification (ACA, CIMA, CMA, CHAE or equivalent).
Preferred:
* Bachelor’s degree (B.A./B.S.) or equivalent in finance, accounting, or related discipline.
Rewards designed for you
* Employee Share Plan: Set aside salary to purchase shares in our company and you’ll receive a company contribution as well.
* Health and Wellbeing: Our health and wellbeing rewards can be tailored to support you and your family.
* Save for Your Future: We will support you along your retirement savings journey.
* Paid time away from work: Our employees enjoy a competitive paid time off package, including a day each year to volunteer time for a good cause that is important to you.
* Employee Discounts: We’ve partnered with other organizations to offer you extra savings. Enjoy discounts with banks, car manufacturers, on flights, accommodation, and days out as well as with many big brand shops.
* Extra Rewards: From tuition reimbursement to cash bonus recruitment referral programs, our comprehensive benefits package offers a multitude of options.
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