Overview
Our client, an International Commodity Trading company, seek a qualified Management Accountant for their Precious and Base Metals Division, based in London.
The position provides Management Accounting reporting in accordance with internal and external requirements and regulations and acts in compliance with Company guidelines, reporting to the Finance Manager
Required knowledge and experience.
- Bachelor’s degree in Finance, Accounting, Business Administration or related discipline.
- Member of one of the professional accounting bodies.
- 2+ years of progressive controlling / planning / finance / accounting preferably in both an operational and corporate environment.
- Knowledge / understanding and applicability of International Financial Reporting Standards (IFRS).
- Working knowledge / familiarity with international regulations and laws on accounting and taxation.
- Previous working experience of SAP and Tableau considered an asset and intermediate / advanced Excel skills required.
- Developed proficiency in the competencies:
- Collaborate for Achievement
- Embrace Diversity
- Communicate Effectively
- Develop Self and Others
- Act with Entrepreneurial Drive
Responsibilities
Financial Accounting, Reporting & Planning:
- Prepare and analyze daily trading profit/loss reports.
- Prepare daily broker reconciliations.
Month-End Reporting
- Prepare and post journal entries using SAP.
- Complete monthly journals reclassifying trade debtors and creditors, finance changes and committed inventory and bank balances.
- Reconcile all balance sheet accounts at month end.
- Prepare and submit legal entity group reporting in Condor for consolidation purposes in a timely manner.
- Prepare the overall monthly management accounts package in a timely and accurate manner, which includes trading analysis of the trading profit/loss, reconciliation of earnings before tax and review of expenses including travel and entertaining analysis.
- Prepare fixed assets schedule and agree back to general ledger at month-end.
- Prepare debtors and creditors analyses.
- Support digitalisation of processes to improve efficiency and enhance analytical performance.
Year-End Reporting
- Prepare and submit year-end Notes package for consolidation purposes in a timely manner.
- Liaise with the external auditors during the year-end group reporting process.
- Involvement in preparation of the statutory accounts.
Tax Management
- Prepare tax returns, analyse VAT (UK and foreign equivalents) and provide cost summary analysis for corporation tax purposes.
- Assist in tax-related inquiries.
Treasury
- Assist in cash management, e.g. management of foreign exposures, in accordance with Corporate policies and procedures.
- Respond to inquiries from the Treasury department regarding cash flow and liquidity.
Forecasts and Budgets
- Prepare the monthly forecasting for the revenue streams and expenses.
- Preparation of the annual budget.
- Preparation of weekly cash flow forecasting.
Compliance:
- Ensure that a robust system of internal controls exists to satisfy internal, year-end, Financial Reporting Compliance (FRS) audits and FCA regulations in a timely manner, including an update of Process Controls as and when required.
Ad-hoc Projects
- Provide project support, assistance, and cover for other team members when and as needed.
Work environment:
- This position reports directly to the Finance Manager, Precious and Base Metal Services, a global business unit within the Catalysts division.
- Under supervision, the position handles Accounting/Finance/Controlling for the assigned companies.
Internal and external relationships
- Interacts with local finance organizations in Tokyo, Shanghai & New Jersey and corporate departments in Ludwigshafen ab Rhein.
- Interacts frequently with all levels of the business unit, local finance organizations and corporate departments.
- Interacts with external auditors – KPMG London, and internal auditors.
