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For Companies At a Glance
- Tasks: Prepare monthly reconciliations and manage fleet cost control accounts.
- Company: Join Alliance Automotive Group, a leading global distributor of aftermarket spare parts.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and development.
- Other info: This is an entry-level, full-time position based in Bradford.
- Why this job: Gain valuable experience in acquisition accounting while working in a supportive team culture.
- Qualifications: AAT finalist or part qualified; Excel proficiency and strong communication skills required.
The predicted salary is between 28800 - 43200 £ per year.
Overview
Alliance Automotive Group (AAG) is a leading distributor of passenger and commercial vehicle parts to the independent automotive aftermarket in Europe. It operates in France, the U.K., Ireland, Germany, the Netherlands, Belgium, Spain, Portugal, Poland, Hungary and Romania. The company is a wholly-owned subsidiary of Genuine Parts Company (GPC), the largest global automotive replacement parts distributor with activities in North America, Europe, and Australasia. AAG’s network serves thousands of customers across Europe supported by a logistics infrastructure of 75 Distribution Centres, approximately 2,550 Stores and thousands of vehicle repairers, body shops and auto-centres. AAG has a revenue of 3.4 billion euros with over 17,000 employees. Learn more at www.allianceautomotivegroup.eu
Reports To
Financial controller
Location
Bradford
Position Summary
The Management Accountant will play a key role within the Finance team of a large UK-based corporate entity. The role is responsible for delivering accurate financial reporting, supporting strong internal controls (including SOX compliance), maintaining robust balance sheet reconciliations, and providing financial oversight of supply chain finance (SCF) activities. This position is central to our European operations, requiring a detail-oriented professional to oversee SCF processes, and ensure robust financial controls across our UK and EU entities.
Key Responsibilities
- Post and prepare monthly trial balances and all necessary supporting files, ensuring high levels of accuracy. Post and review accruals, prepayments, journals, and other month-end adjustments.
- Post monthly rebate and management fee estimates as provided by European teams.
- Prepare and review monthly balance sheet reconciliations in line with corporate policy.
- Investigate and resolve reconciling items in a timely manner.
- Reconciling and processing payments for annual international rebates to other entities within the Group. Maintaining a good relationship with counterparts in other European countries.
- Lead the month-end inter-company processes for UK entities and manage ongoing relationships and balance agreements with EU counterparts.
- Oversee the SCF process and payment workflows, including preparing Extended Payment Term (EPT) reports for the FP&A team.
- Manage adjustments for suppliers on varying/non-standard payment terms. Control and reconcile multiple bank accounts and provide essential support to the AP Team for statement reconciliations.
- Perform and document control activities in line with internal control frameworks. Maintain SOX controls for supplier statements and ensure all financial activities meet group standards.
- Support preparation of budgets and periodic forecasts.
- Perform monthly FX revaluations and calculations for multi-currency banking transactions and inter-company balances.
- Other ad-hoc duties as required.
About You
- Part Qualified (ACCA/CIMA or equivalent), AAT finalist or QBE
- Demonstrable experience of owning the management accounts process from start to finish.
- Advanced proficiency in Microsoft Excel is essential, with a proven ability to compile and analyse complex data sets.
- A high level of attention to detail and accuracy in reviewing high-level financial data.
- Strong organisational skills with the ability to manage a busy workload and meet strict month-end deadlines.
- Excellent verbal and written communication skills, with the ability to build strong rapport with international colleagues and external stakeholders.
- A collaborative team player who thrives in a multi-cultural, fast-paced environment.
What We Offer
- Competitive Salary and Package
- 23 days annual leave plus bank holidays
- Parts and Perks company benefit scheme
Alliance Automotive Group is an equal opportunities employer.
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Management Accountant employer: Alliance Automotive Group UK & Ireland
Contact Detail:
Alliance Automotive Group UK & Ireland Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Management Accountant
✨Tip Number 1
Familiarise yourself with the specific financial reporting standards and practices relevant to the automotive industry. Understanding the nuances of acquisition accounting will give you an edge, especially since AAG is actively integrating new entities.
✨Tip Number 2
Network with professionals in the finance sector, particularly those who work in management accounting or the automotive industry. Engaging with current employees at AAG through platforms like LinkedIn can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Brush up on your Excel skills, focusing on advanced functions and data analysis techniques. Given the role's emphasis on compiling and analysing data, showcasing your proficiency in Excel during any discussions can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your approach to managing tight deadlines and high-pressure situations. AAG values a 'can do' attitude, so sharing examples of how you've successfully navigated similar challenges in the past will demonstrate your fit for the role.
We think you need these skills to ace Management Accountant
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Management Accountant position. Understand the key responsibilities and required skills, such as experience with balance sheet reconciliations and fleet cost management.
Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job requirements. Emphasise your proficiency in Excel, your ability to analyse data accurately, and any previous experience in accounting or finance roles.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention your willingness to learn and develop, and how your background makes you a suitable candidate for the challenges of the position.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail, which is crucial for a role in finance.
How to prepare for a job interview at Alliance Automotive Group UK & Ireland
✨Understand the Role
Make sure you thoroughly understand the responsibilities of a Management Accountant, especially in relation to property and fleet costs. Familiarise yourself with the specific tasks mentioned in the job description, such as balance sheet reconciliations and cost control management.
✨Showcase Your Analytical Skills
Prepare to discuss your experience with data analysis and financial reporting. Be ready to provide examples of how you've compiled, analysed, and reviewed data accurately in previous roles or during your studies.
✨Demonstrate Teamwork
As a Management Accountant, you'll need to work closely with various teams. Highlight your ability to build relationships and collaborate effectively with colleagues at all levels, particularly in finance and operations.
✨Prepare for Technical Questions
Expect questions related to accounting principles, Excel proficiency, and compliance routines like SOX. Brush up on these topics and be prepared to demonstrate your knowledge and skills during the interview.