Group Financial Processing Manager

Group Financial Processing & Governance Manager / FTC - 8 months / Outskirts of Liverpool / 40k - 50k

• Pension contributions up to 10%
• Hybrid working - WFH 2 days per week
• 27 days holiday per annum (plus bank holidays)

A fantastic opportunity has arisen for a talented accountant with experience of working in a shared service environment and/or having had Financial Processing team manager/supervisor experience to join a strong finance team at one of the UK's largest companies as a Group Financial Processing & Governance Manager on an 8 month fixed-term contract.While this opportunity is for a Fixed Term Contract of 8 months, this organisation has a good track record of helping talented people who want to continue working with them, to do so on a permanent basis. The Group Financial Processing & Governance Manager is an integral role within a wider Group Finance Team of 18 colleagues, which covers Financial Processing & Governance (reconciliations), Management Accounting/FP&A and External Financial Reporting. Reporting directly into the Senior Group Finance Manager and indirectly into the Group Financial Controller, the Group Financial Processing & Governance Manager has direct responsibility for management of the cash and bank function.Day to day duties:

• Management of the cash and bank function, including overseeing the processing of approved payments and ensuring daily reconciliations are completed; the role also includes monitoring of cash balances across the Group's company-specific bank accounts sufficient for each companies' payment commitments. This responsibility includes regular engagement with the Group Treasurer.
• Ensure operational compliance of VAT, CIS and Irish taxes, ensuring transactions are processed accordingly and all returns are submitted on time and reconciled to general ledger accounts; working in conjunction with the Group Head of Tax, the role includes preparation of VAT returns for two companies outside of the main VAT group and ongoing reviews/checks for VAT compliance.
• Oversee and, in some cases, prepare the reconciliations for certain balance sheet accounts, including specifically those that are payroll related (engaging with Group Payroll as appropriate)
• Investigation and resolution of any variances between the system and expected balances to ensure the integrity and accuracy of financial postings.
• Completion of monthly intercompany reconciliations using a current excel report based approach, while also engaging with Group IT to complete the implementation of a SAP-based automated reconciliation tool and with the Senior Group Finance Manager / Group Financial Controller to cleanse / tidy up intercompany balances as appropriate
• Prepare/update/enhance process notes to provide clarity and guidance for the team and others in core areas of Financial Processing & governance
• Support group cost centre owners with budgeting / forecasting and ongoing monitoring of spend, working alongside the Senior Group Finance Manager who has overall responsibility for the accounting in these cost centres
• Support the Procurement / Accounts Payable Team with the checking of third-party bank details when suppliers request bank account detail changes / for new supplier set up (following the group policy / procedure)
• Manage and motivate a team of three Group Accounts Assistants
• Provide assistance with, and take ownership of certain, continuous improvement projects following the transition to SAP R3
• Support the year-end close process including the provision of information to the external auditor
• Other ad hoc projects, including support with the provision of reports as requested

What you'll bring

• Experienced accountant, with particular focus on Financial Processing, reconciliations and reporting
• Team management/supervision experience in a relevant area
• Knowledge of VAT accounting requirements and processes would be an advantage (specialist technical support will be provided by the Group Head of Tax)
• Strong IT skills, especially in Excel, with knowledge of SAP an advantage but not essential

For more information please contact Paul Roberts on .