At a Glance
- Tasks: Manage overseas accounts, VAT returns, and ensure compliance across multiple entities.
- Company: Join a dynamic finance team within a leading group.
- Benefits: Competitive salary, flexible working hours, and opportunities for professional growth.
- Why this job: Be a key player in financial operations and make a real impact.
- Qualifications: Experience in finance or accounting and strong analytical skills.
- Other info: Collaborative environment with potential for career advancement.
The predicted salary is between 36000 - 60000 £ per year.
Overview
Purpose Of The Role
The Financial Accountant is an integral part of the busy Finance team, with sole responsibility for overseas statutory accounts, bank postings, VAT returns, compliance and key balance sheet reconciliations across the group. The main role covers all entities within the Four Group.
Responsibilities
- Banking and bank reconciliation
- Multi-currency bank reconciliation of the Groups bank accounts
- Month end reconciliation of bank subledger to GL
- Perform month-end reconciliations between the bank subledger and the general ledger
- Process intercompany payments and allocate entries to the correct invoices
- Subsidiary statutory accounts
- Prepare annual statutory accounts for overseas subsidiaries
- Liaise with overseas accountants and respond to queries relating to statutory accounts
- Reconcile reserves between the ledger and statutory accounts
- Coordinate documentation and signatures required for accounts and tax filings
- Budget
- Prepare the annual budget for overseas tax advisor fees and other related costs as applicable
- Complete and submit budget templates to the MI team
- Corporation tax
- Work with auditors regarding quarterly corporation tax payments on account
- Compliance
- Ensure all compliance obligations are met, including property tax payments and ad-hoc US reporting requirements
- Manage Avalara compliance, including registering in new US states as needed
- Setup and oversee Netherlands compliance requirements (e.g., INTRASTAT-Arrivals setup)
- Support UK VAT audits
- UK VAT Returns
- Run, process and check all UK VAT reports on the system
- Reconcile to VAT returns and spot check entries
- Submit VAT returns via MTD and reconcile to balance sheet
- Ensure payments are processed and posted
- Reconcile VAT to turnover quarterly
- Overseas VAT Returns
- Run, process and check all VAT reports on the system
- Work with local external accountants for European VAT returns across seven entities
- Support Fiscal Representative and OSS reporting in the Netherlands, including Intrastat and EC Sales filings
- Work with local external accountants for monthly US Sales Tax returns across five states
- Ensure all payments are processed and posted correctly
- Maintain strong working relationships with overseas accountants
- Reconcile GL, turnover and settlement accounts
- Other
- Prepare P11D for submission to payroll provider
- Manage E-invoicing compliance
- Monitor costs and raise purchase orders, particularly for overseas accountants fees
- Manage and respond to the Group tax and treasury email inboxes
- Support for annual audit as required
- Assist with Balance Sheet reconciliations (including but not limited to: Store Takings, Ecommerce debtors, VAT/ Sales Tax), Bank and Customer cards
- Provide cover for other Finance personnel
- Any other reasonable duties as directed by line manager
Financial Accountant employer: International Country Club
Contact Detail:
International Country Club Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Accountant
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work in roles similar to the Financial Accountant position. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of statutory accounts and VAT compliance. We recommend practising common interview questions and scenarios related to banking reconciliations and intercompany payments to show you’re ready for the role.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the Financial Accountant role.
✨Tip Number 4
Apply through our website for the best chance at landing that Financial Accountant gig! We make it easy for you to showcase your skills and experience directly to the hiring team.
We think you need these skills to ace Financial Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Financial Accountant role. Highlight your experience with bank reconciliations, VAT returns, and statutory accounts. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about finance and how your previous roles have prepared you for this position. We love seeing enthusiasm and a personal touch.
Showcase Relevant Experience: When filling out your application, be specific about your relevant experience. Mention any work with multi-currency accounts or compliance tasks. We appreciate candidates who can demonstrate their expertise in these areas.
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it makes the process smoother for everyone involved.
How to prepare for a job interview at International Country Club
✨Know Your Numbers
As a Financial Accountant, you'll be dealing with a lot of figures. Brush up on your knowledge of bank reconciliations, VAT returns, and statutory accounts. Be ready to discuss specific examples from your past experience where you successfully managed these tasks.
✨Understand Compliance Inside Out
Compliance is key in this role. Familiarise yourself with the compliance obligations mentioned in the job description, such as property tax payments and VAT audits. Prepare to explain how you've ensured compliance in previous roles and any challenges you faced.
✨Showcase Your Communication Skills
You'll need to liaise with overseas accountants and respond to queries, so strong communication skills are a must. Think of examples where you've effectively communicated complex financial information to non-financial stakeholders or resolved issues with external accountants.
✨Be Ready for Scenario Questions
Expect scenario-based questions that test your problem-solving abilities. For instance, how would you handle discrepancies in bank reconciliations or manage tight deadlines during month-end close? Practise articulating your thought process clearly and confidently.