At a Glance
- Tasks: Manage payroll, tax, and intercompany accounting while ensuring accuracy and compliance.
- Company: Join a leading financial accounts team within Compass UK&I.
- Benefits: Enjoy exclusive discounts, wellness classes, and a contributory pension scheme.
- Why this job: Make a real impact in finance while growing your career with study support.
- Qualifications: Part-qualified Accountant with finance experience and strong Excel skills.
- Other info: Dynamic team environment with opportunities for continuous improvement and career growth.
The predicted salary is between 36000 - 60000 £ per year.
Overview
Responsible to Finance Manager (Payroll, Tax and Intercompany)
Location: Parklands Court, Rubery
Sector/Business area: Financial Accounts team, Central Finance
Overall purpose of the role
Reporting to the Finance Manager (Payroll, Tax & Intercompany), the Payroll, Tax and Intercompany Accountant will take responsibility for ensuring all pension related costs are correctly recorded and that key payroll balance sheets are fully reconciled. They will ensure VAT and PSA returns are complete, accurate and timely, and provide information on PSA to the business. They will also look after Intercompany recharges between the UK and Ireland.
Financial Accounts team – Purpose and Context
The Financial Accounts team performs a pivotal role within Compass UK&I, overseeing fixed assets, leases/IFRS16 accounting, property related transactions, intercompany, balance sheet reconciliations, Group reporting, audit and financial statements, below the line transactions, accounting for M&A and providing advice and guidance on accounting matters as required. We also support the Tax team on sales and employment taxes as well as other Central Finance teams.
Key Accountabilities
- VAT and PSA reporting
- Balance sheets/control accounts
- Process improvement
- UK/Ireland intercompany
- Pension related costs
People
- Working effectively as part of a team
- Building relationships with key stakeholders
- Liaising with colleagues from other teams for resolution of queries
- Coaching and guiding other team members
Performance
- Prepare regular VAT returns for UK, Ireland and Netherlands based companies and load into tax software for upload
- Check and post VAT clearance journals provided by the Tax team
- Prepare quarterly PSA information which will feed into annual returns, liaising with sector FDs for their review and comments in order to streamline preparation of annual returns, use information to prepare budgets and forecasts
- Prepare annual PSA returns for CGUKI and Compass Group plc, complete online submissions and ensure payment obligations are met
- Post monthly PSA charges to sectors and central functions based on budgets and forecasts
- Post forecast pension/SBP costs on a monthly basis, true-up on a 6-monthly basis
- Take ownership of and reconcile various balance sheets on a monthly basis, highlighting any risks and opportunities and providing a clear plan to resolve any items which have not cleared as expected, liaise with Payroll team to clear historic queries and look at how this process can be improved
- Post and reconcile UK to Ireland intercompany recharges
- Maintain process notes for all business-as-usual work to enable cross training, cover and support within the team
- Cross train other team members
Candidate Requirements: Key Skills, Knowledge & Experience
- Part-qualified Accountant (CIMA/ACCA/ACA) [approx. 2 years completed] and minimum of two years in a finance role.
- Must be willing to commit to actively studying and qualifying in a reasonable time frame
- Intermediate Excel skills (common formulae, pivot tables etc)
- Good organisational and presentational skills
- Flexible and adaptable in this busy, evolving environment
- Experience of balance sheet reconciliations
- Experience of month end (accruals, prepayments, variance analysis etc)
- Experience of ERP software, SAP preferred
- Continuous improvement mindset to question current processes
Desirable
- Prior experience of preparing VAT returns
- Prior experience of preparing PSA returns
Benefits
- Exclusive travel discounts with TUI, Expedia, Booking.com and many more
- Save money on your food shop with discounts on Tesco, Sainsbury's, Morrisons and more
- Up to 44% off cinema tickets to enjoy your favourite blockbuster
- Regular emails filled with the best discounts and savings available
- Receive Wow Points every time you spend and use them on a wide range of brands
- Unwind with us with free wellness, mindfulness and exercise classes
- You can share all discounts and offers with your friends and families
- Contributory pension scheme
- Study support
- Grow your career with our Career Pathways and MyLearning programmes
Payroll, Tax and Intercompany Accountant in Birmingham employer: Compass Group UK & Ireland
Contact Detail:
Compass Group UK & Ireland Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Payroll, Tax and Intercompany Accountant in Birmingham
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work in payroll or tax. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of VAT and PSA returns. We want you to show off your skills and experience, so practice answering questions related to balance sheet reconciliations and intercompany processes.
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can keep you fresh in the interviewer's mind and show your enthusiasm for the role. Plus, it’s a great chance to reiterate why you’re the perfect fit.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive and engaged with our company.
We think you need these skills to ace Payroll, Tax and Intercompany Accountant in Birmingham
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Payroll, Tax and Intercompany Accountant role. Highlight your relevant experience, especially in VAT reporting and balance sheet reconciliations, to show us you’re the perfect fit!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your skills align with our needs. Don’t forget to mention your commitment to continuous improvement and teamwork.
Show Off Your Excel Skills: Since intermediate Excel skills are essential for this role, make sure to mention any specific functions or tools you’re familiar with. We love seeing candidates who can handle pivot tables and complex formulas with ease!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of all the amazing talent we’re looking to bring on board!
How to prepare for a job interview at Compass Group UK & Ireland
✨Know Your Numbers
As a Payroll, Tax and Intercompany Accountant, you'll be dealing with figures all day. Brush up on your knowledge of VAT, PSA, and balance sheet reconciliations. Be ready to discuss how you've handled these in past roles or during your studies.
✨Showcase Your Excel Skills
Intermediate Excel skills are a must for this role. Prepare to demonstrate your proficiency with common formulae and pivot tables. You might even want to bring along examples of how you've used Excel to streamline processes or improve reporting.
✨Understand the Business Context
Familiarise yourself with the financial accounts team's role within the company. Knowing how your work will impact the broader business will show that you're not just focused on the numbers but also on how they fit into the bigger picture.
✨Be Ready to Discuss Process Improvements
This role requires a continuous improvement mindset. Think of specific examples where you've identified inefficiencies and proposed solutions. This will demonstrate your proactive approach and ability to contribute positively to the team.