Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead the accounting team and ensure accurate financial reporting and compliance.
- Company: Join Lotus Cars, a legendary sports car manufacturer with a focus on innovation and electric performance.
- Benefits: Enjoy 25 days holiday, performance bonuses, private healthcare, and hybrid working options.
- Why this job: Be part of a pioneering team transforming the automotive industry with groundbreaking electric vehicles.
- Qualifications: Proactive leaders with strong collaboration skills and experience in financial management are encouraged to apply.
- Other info: This role is based at our Hethel plant with a flexible working policy.
The predicted salary is between 43200 - 72000 £ per year.
Lotus Cars Limited is the UK manufacturing site of Lotus, where we produce all types of sports cars, including the Emira and Evija . To drive the company forward and achieve our ambitions, we are looking for a Head of Accounting to join our Finance Department at our manufacturing plant in Hethel .
Summary
The Head of Accounting is responsible for ensuring that Statutory and Management Accounts are accurately prepared and reported to all stakeholders. They will oversee Balance Sheet control and accuracy, ensuring all Finance Business Units comply with statutory requirements, Geely Group reporting, audits, and group consolidation.
They will also be responsible for tax preparation and compliance, including but not limited to RDEC, VAT, and intercompany transactions, ensuring the organisation’s Senior Accounting Officer (SAO) has full confidence in the financial controls in place.
The ideal candidate will be able to manage team members and financial systems while driving change to establish effective business processes. They will develop strong working relationships across the finance community and the wider Lotus business.
What You’ll Do
- Ensure the integrity of financial results in line with group policies and international GAAP, both internally and externally reported.
- Provide technical support and manage internal and external audits.
- Develop, review, and continuously improve the financial control framework.
- Maintain and enhance financial systems to simplify processing and strengthen controls.
- Drive efficiency improvements in Accounts Payable (AP) and Accounts Receivable (AR).
- Manage and develop a team of 15+, including 3 direct reports across AP & AR, Accounting, and Tax.
- Document and maintain finance processes and procedures.
- Oversee the financial aspects of SAP.
What You’ll Bring
- A proactive approach, taking ownership of the organisation’s financial management as part of the senior finance team.
- Strong collaboration with all Finance team members to support statutory financial reporting.
- Work closely with senior business leaders, particularly in Purchasing and Logistics, to improve organisation-wide processes and ensure compliance during audits.
- Lead interactions with internal and external auditors.
- Liaise with HMRC and other tax authorities on compliance matters.
What We Offer
- Access to our ECOS scheme
- 25 Days Holiday + Bank Holidays
- Performance Bonus
- Proof Pension
- Private Healthcare
- Hybrid Working
Additional Information
This role is based at our Hethel plant , operating within our flexible working policy .
Our Company
Group Lotus is a leading sports car manufacturer with a 75-year history of iconic designs, groundbreaking engineering, and legendary victories on the F1 track. Today, we are transforming into a global performance car brand focused on an electric future.
In 2022, we launched the Eletre, the world’s first all-electric hyper-SUV, and in 2023, we introduced the Emeya, our fully-electric Hyper-GT.
As part of the Lotus team, you push boundaries—both within the car industry and in yourself. Every member of the Lotus family carries the pioneering mindset of our founder, Colin Chapman.
About
Want to learn more about what Sophisticated, Rebellious, and Pioneering mean at Lotus Cars Limited? Explore our career site and join the adventure:
#J-18808-Ljbffr
Head of Accounting employer: Group Lotus
Contact Detail:
Group Lotus Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Accounting
✨Tip Number 1
Familiarize yourself with international GAAP and the specific financial regulations that apply to the automotive industry. This knowledge will not only help you in interviews but also demonstrate your commitment to compliance and accuracy in financial reporting.
✨Tip Number 2
Network with professionals in the finance community, especially those who have experience in manufacturing or automotive sectors. Building these connections can provide valuable insights and potentially lead to referrals for the Head of Accounting position.
✨Tip Number 3
Showcase your leadership skills by discussing past experiences where you successfully managed teams and improved financial processes. Highlighting your ability to drive change and efficiency will resonate well with the hiring team.
✨Tip Number 4
Research Lotus Cars Limited's recent developments, especially their transition towards electric vehicles. Understanding the company's vision and how the finance department supports this transformation will help you align your answers during the interview.
We think you need these skills to ace Head of Accounting
Some tips for your application 🫡
Understand the Role: Make sure you fully understand the responsibilities of the Head of Accounting position. Familiarize yourself with statutory and management accounts, financial controls, and compliance requirements to tailor your application effectively.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience in financial management, team leadership, and your ability to drive efficiency improvements. Mention specific examples where you've successfully managed audits or improved financial processes.
Showcase Technical Skills: Detail your proficiency with financial systems, particularly SAP, and any relevant accounting software. Highlight your knowledge of international GAAP and tax compliance, as these are crucial for the role.
Craft a Compelling Cover Letter: Write a personalized cover letter that reflects your passion for the automotive industry and your alignment with Lotus Cars' values. Discuss how your proactive approach and collaborative mindset will contribute to the finance team and the company's goals.
How to prepare for a job interview at Group Lotus
✨Understand Financial Regulations
Make sure you are well-versed in statutory requirements and international GAAP. Be prepared to discuss how you have ensured compliance in previous roles, as this will demonstrate your capability to manage the financial integrity of the organization.
✨Showcase Leadership Skills
As the Head of Accounting, you'll be managing a team of 15+. Highlight your experience in team management and development. Share specific examples of how you've successfully led teams through changes or improvements in financial processes.
✨Prepare for Technical Questions
Expect questions related to tax preparation, audits, and financial controls. Brush up on your knowledge of RDEC, VAT, and intercompany transactions, as these are crucial for the role. Being able to provide clear, concise answers will show your expertise.
✨Demonstrate Collaboration Skills
The role requires strong collaboration with various departments. Be ready to discuss how you've worked with other teams, particularly in Purchasing and Logistics, to improve processes and ensure compliance during audits. This will highlight your ability to work cross-functionally.
