Financial Accountant - Portsmouth, United Kingdom - Hiring Wizard

Hiring Wizard

Verified Company

Portsmouth, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

SPB have an exciting opportunity for a Financial Accountant to join their team.

Location:
Portsmouth

Salary:
Competitive

About Us:
Our People are everything to us.

It is how we are curious in our innovation, our design, processes, products, technology, marketing, and services to deliver extraordinary experiences to our customers.

We are energetic and forward thinkers, delivering excellence and being accountable in everything we do, and with integrity.

We challenge the status quo, believing there is a unique way to overcome constraints; settling for the norm will never do.

With 50million customers across the Group in Europe, do you want to make a difference? Come and join us on our growth journey in the UK.

Financial Accountant - The Role

We are looking for a driven Financial Accountant to join our Finance Team here at SPB. This is an opportunity for an individual looking to enhance their skills, knowledge and develop to a financial controller.

We ideally would like the individual to have knowledge of the insurance business and experience of a partial VAT return.

Reporting directly to the UK Finance Director, this is a key role within the business, working in conjunction with the finance team to ensure all tasks are completed in a timely manner including reporting, payments, and forecasting.

Financial Accountant - Key Responsibilities

Preparation of the monthly management accounts pack and assist the finance director in the production of the company's annual financial statements to external accountants and liaising with same and when instructed to do so
Cashflow management including reforecasting and petty cash. Ensuring that all bank account balances are positive daily with adequate funds
Assist the finance director in the production of annual budgets and quarterly reforecasts and support key budget holders in the production of departmental budgets and monthly monitoring of performance
Preparation and submission of statutory returns: VAT/PAYE/ONS/FCA
Monthly reporting inline with Group reporting timetable, and submission on Group systems
Maintain the Company's accounting system and records, including invoices and payments queries and escalating to the Financial Director in the event that an inconsistency arises
Supporting the Financial Director in maintaining good relationships with the Company's corporate bank(s), insurance providers and external auditors
Responsibility for the balance sheet reconciliations
Assist the Financial Team with the task of issuance of monthly premium/claims reports and payments to insurers for whom the Company operates under Binding Authority arrangements and assist the Finance Team Leader in the resolution of any queries that may subsequently be raised by insurers
Support the Financial Director with keeping the business aware of risks associated with general banking collection practices (including BACS) and related issues, where possible assisting the Financial Director with the generation of potential solutions
Response and investigation of messages received via the Direct Debit system relating to cancellations and bank account errors. Overall responsibility of the Direct Debits and day to day collections
Carry out research regarding both new and existing accounting legislation changes that may impact the business as may be required from time to time by the Finance Director
Assist the Financial Director in the revision or creation of financial processes necessary to support new scheme initiatives, liaising with the Technical & Compliance Team as may be required
Attending presentations to new and existing clients in support of the Financial Director when needed
Performance of ad hoc tasks for the Financial Director as and when required
Adherence to the Company's regulatory requirements necessary for completion of tasks, where necessary
Training and managing an assistant management accountant

This is not an exhaustive list, and you will be expected to be flexible in your approach to carrying out your duties, that may change from time to time in order to reflect changes in the Company's circumstances.

To submit your CV for this exciting Financial Accountant opportunity, please click 'Apply' now