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- Tasks: Manage capex processes and ensure accurate financial transactions.
- Company: Join a dynamic £300m business with a strong growth trajectory.
- Benefits: Enjoy a competitive salary, bonus, and various corporate perks.
- Why this job: Be part of a fast-paced environment that values efficiency and innovation.
- Qualifications: Experience in accounting and familiarity with SAP B1 is essential.
- Other info: Opportunity to work closely with senior management and influence key financial decisions.
The predicted salary is between 55000 - 60000 £ per year.
Our client is a highly acquisitive £300m business who have made 50 acquisitions in the last 20 years. Due to further growth plans they seek to hire a Capex and Fleet Accountant. The role will manage the Capex processes for the group including responsibility for capex and fleet accounting to ensure timely and accurate processing of the related financial transactions, robust controls and driving efficiencies in the capex and fleet accounting processes.
Responsibilities:
- Approve new capex and hire purchase requests in line with capex policy and set up assets in SAP B1 fixed asset register
- Monitor capex and hire purchase spend v forecast and budget and report on variances
- Review business cases that include capex spend and track benefits delivered
- Review asset register for nil NBV assets and carry out impairment reviews
- Process asset disposals
- Capex and hire purchase month end processes e.g. run depreciation in SAP B1, prepare capex reports and prepare balance sheet reconciliations
- Manage integration of assets purchased as part of an acquisition into Group system and processes and oversee novation of HP and contract hire agreements
- Monitor headroom of Hire Purchase liability against covenant cap
- Assist with ongoing review and improvement of internal processes and systems, and assist with implementing new controls and procedures as required
- Promote adherence to capex finance policies and procedures across the group. This role has responsibility for approving capex spend.
- Liaising with auditors
- Work with Chief Data and Technology Officer and the Fleet team to help manage capex costs
- Consolidate capex and hire purchase budget requests and prepare annual budget
- Maintain strong lines of communication between IT, Finance and Fleet teams and other key stakeholders in the business
- Ad hoc project work as required by the Group Financial Controller e.g. implementation of IFRS 16
- Provide day to day support and guidance to teams re capex, HP and contract hire processes
A salary of £55,000-£60,000 plus bonus and benefits.
Contact Detail:
Orka Financial Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Capex and Fleet Accountant
✨Tip Number 1
Familiarise yourself with SAP B1, as it's a key tool for this role. Understanding how to navigate and utilise its fixed asset register will give you a significant advantage during the interview process.
✨Tip Number 2
Brush up on your knowledge of IFRS 16, as this is relevant to the role. Being able to discuss its implications on capex and fleet accounting will demonstrate your expertise and readiness for the position.
✨Tip Number 3
Prepare examples of how you've driven efficiencies in previous roles. Be ready to share specific instances where you've improved processes or controls, as this aligns closely with the responsibilities of the Capex and Fleet Accountant.
✨Tip Number 4
Network with professionals in the finance and fleet management sectors. Engaging with industry contacts can provide insights into the company culture and expectations, which can be invaluable during your application process.
We think you need these skills to ace Capex and Fleet Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in capex and fleet accounting. Include specific examples of how you've managed financial transactions, monitored budgets, or improved processes in previous roles.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention your understanding of their growth plans and how your skills align with their needs, particularly in managing capex processes and liaising with various teams.
Highlight Relevant Skills: Emphasise your proficiency with SAP B1 and any experience you have with IFRS 16. Detail your ability to analyse financial data, manage budgets, and implement controls, as these are crucial for the role.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is essential for an accountant.
How to prepare for a job interview at Orka Financial
✨Know Your Numbers
As a Capex and Fleet Accountant, you'll be dealing with financial transactions and budgets. Brush up on your financial metrics and be prepared to discuss how you've managed budgets or financial processes in the past.
✨Familiarise Yourself with SAP B1
Since the role involves using SAP B1 for fixed asset management, make sure you understand its functionalities. If you have experience with similar systems, be ready to explain how you can adapt your skills to SAP B1.
✨Understand Capex Policies
Review the company's capex policies and be prepared to discuss how you would ensure adherence to these policies. Highlight any previous experiences where you successfully implemented or improved financial controls.
✨Communicate Effectively
This role requires strong communication with various teams. Prepare examples of how you've effectively liaised with different departments, especially in finance and IT, to drive efficiencies and improve processes.
