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    Payroll Accountant - London, United Kingdom - World Fuel Services Corporation

    World Fuel Services Corporation
    World Fuel Services Corporation London, United Kingdom

    2 weeks ago

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    Description

    Location Canary Wharf, London, United Kingdom, United Kingdom

    At World Fuel Services, our employees are the key to our global success. We are industry leaders due to the innumerable talents of our approximately 5000 strong professional team. Our people thrive in an entrepreneurial and culturally-diverse environment, where innovative thinking, collaboration and efficient execution are highly valued. Our high-performance culture is what allows us to drive sustained growth. Stronger together, we promote an environment where individuals can thrive.

    POSITION: Payroll and finance accountant (Part Qualified) BUSINESS SEGMENT: Finance and Accounting POSITION LOCATION: Hybrid, 2 days a week at WFS London office, Canary Wharf, London. COMPANY BACKGROUND: World Kinect Corporation is a global leader in the downstream marketing and financing of land, marine and aviation fuel products and related services. With revenues in excess of $59 billion and over 5,000 employees worldwide. World Kinect offers its customers a value-added outsource service for energy services, supply, quality control, logistical support and price risk management. World Kinect Corporation is a publicly listed company (NYSE: INT), headquartered in Miami, Florida and currently ranked # 70 on the Fortune 500 List. RESPONSIBILITIES: The Finance global mission is to partner with the business to drive success and each finance team member will be expected to play their part in achieving this aim. Further the finance team is responsible for providing financial insights to the EMEA senior management team to support the Company's international strategy and profit growth. Reporting to the EMEA Senior Finance manager, this role is to support financial accounting across EMEA entities mainly within across all of the Group segments. The role will ensure the timely and accurate financial reporting of EMEA payroll, compliance with statutory and internal control requirements and the safeguarding of company assets. The position of Payroll and Finance Accountant will be a vital part of the EMEA finance team and take ownership of key areas of focus within finance. The role will drive process improvements through identifying and implementing areas that will drive efficiencies in processes to improve the quality and timeliness of finance information. General responsibilities include:
    • Owning the EMEA payroll accounting and reporting, working with the business to improve, streamline and automate the payroll accounting processing.
    • Regular communication and collaboration with the payroll, HR and operation teams.
    • Work within project teams to integrate new processes and systems to automate and improve financial controls across the EMEA entities.
    • Liaise with overseas European offices and Miami head office.
    • Responding to queries and requests for analysis from the business including; analysis and extracting data from systems to produce summaries and highlighting significant areas of interest.
    • Liaising with the external statutory auditors on queries relating to payroll related matters.
    • Ensure process notes are documented and updated regularly.
    • Other ad hoc duties and project work to improve the overall accuracy and efficiency within the finance department.
    Monthly close activity:
    • Meeting the monthly close timetable and ensuring allocated journal entries are recorded accurately within a timely manner.
    • Recording the monthly payroll entries for EMEA entities within the financial accounting system.
    • Monthly monitoring and processing of payroll related accruals and prepayments.
    • Legal entity ownership of payroll related entities. This will include monthly reviews and investigation to resolve differences, journal accrual entries and monitoring of invoices to ensure the timely accurate financial reporting within the legal entities.
    • Liaising with the AP team and monitoring the accurate coding of payroll related payments.
    • Monthly review and monitoring of the payroll schemes balance sheet balances to ensure accuracy of amounts reported.
    • Monthly balance sheet reconciliations for the payroll areas.
    PERSON SPECIFICATION (BACKGROUND AND SKILLS): Required
    • Qualified Accountant ACA, ACCA, CIMA or international equivalent.
    • Bachelors degree in Accounting, Finance or a related field with a minimum of 2:1 grade.
    • High technical accounting skills including; IFRS, UK and US GAAP.
    • Experience of
      • implementing process improvements.
      • analysis of data, identifying and then resolving issues.
      • using Microsoft Excel to an advanced level.
    • The ability to:
      • work independently and within a team;
      • work to tight deadlines;
      • pay attention to detail.
    • Strong analytical and numerical skills.
    • Highly effective oral and written communication skills.
    • A proactive 'can do' attitude with a high level of energy.
    Highly desirable
    • Experience of Oracle
    • Language proficiencies, particularly German (also Italian, French).
    • Experience gained within a global organization and in supporting internationally based offices.
    • Energy industry experience.
    #LI-AG1 Please note that by submitting an employment application you consent to World Fuel Services processing your information for this role and potentially for future employment opportunities, in accordance with applicable laws. To learn more about how we protect and/or process personal information, please visit the WFS Privacy Center at:
    • Woking, Surrey, United Kingdom, United Kingdom
    • Woking, Surrey, United Kingdom, United Kingdom
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