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For Companies At a Glance
- Tasks: Prepare insightful financial reports and support strategic decision-making.
- Company: IPS Adhesives, a global leader in adhesive solutions.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity for career growth in a fast-paced manufacturing setting.
- Why this job: Join a team that values innovation and problem-solving in finance.
- Qualifications: 2-3 years of accounting experience and advanced Excel skills.
The predicted salary is between 35000 - 45000 £ per year.
About the Company
IPS Adhesives is a global supplier of adhesive and related solutions to a wide variety of markets. The role covers operations for three brands, Scigrip for Structural Adhesives, Integra for Surfacing Adhesives and Unika covering kitchen products. The business is focused on solving problems and delivering value to our customers through great people, class leading adhesive technologies, and innovative and flexible packaging and service offerings.
Job Summary
The Finance Analyst plays a critical role in delivering accurate, timely, and insightful financial reporting to support operational and strategic decision-making. The position is responsible for preparing comprehensive monthly management accounts, supported by meaningful analysis and clear commentary to provide management with actionable insights. The role also supports the month-end and year-end close processes, including the preparation and posting of journals, accruals, and balance sheet reconciliations. In addition, the Management Accountant ensures compliance with relevant accounting standards and maintains strong adherence to internal control policies and financial governance procedures.
Role Accountabilities, Expectations, and Responsibilities
- Prepare accurate and timely monthly management accounts in line with reporting deadlines
- Deliver detailed variance analysis with clear, value-added commentary on financial performance
- Support operational and strategic decision-making through robust financial analysis and reporting
- Assist with month-end and year-end close processes, including journal postings, accruals, and prepayments
- Perform balance sheet reconciliations and promptly investigate and resolve reconciling items
- Ensure compliance with applicable accounting standards and internal financial policies
- Maintain and strengthen internal controls and financial governance procedures
- Prepare and submit quarterly VAT returns in accordance with regulatory requirements
- Assist with the preparation and review of monthly payroll
- Support annual budgeting processes and periodic financial forecasting activities
The duties and responsibilities highlighted in this job description are indicative and may vary over time. Post holders are expected to undertake other duties and responsibilities relevant to the nature, level and extent of the post.
Education and/or Work Experience Requirements
- 2-3 years of accounting experience ideally in audit or manufacturing environments
- Hands-on experience with management account preparation
- Experience with ERP systems (SAP, Oracle, NetSuite, Microsoft Dynamics, or similar)
- Advanced Excel skills (pivot tables, lookups, data analysis)
- Strong analytical and problem-solving abilities
- High attention to detail and accuracy
- Effective communication and cross-functional collaboration skills
- Ability to manage multiple priorities in a fast-paced manufacturing environment
- Working towards a professional qualification, AAT/CIMA
Finance Analyst in Newcastle upon Tyne employer: IPS Corporation
Contact Detail:
IPS Corporation Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Analyst in Newcastle upon Tyne
✨Tip Number 1
Network like a pro! Reach out to people in the finance industry, especially those who work at IPS Adhesives or similar companies. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for the interview by brushing up on your financial analysis skills. Be ready to discuss how you've handled month-end processes or variance analysis in the past. Show them you can deliver actionable insights!
✨Tip Number 3
Don’t forget to showcase your ERP experience! If you've worked with systems like SAP or Oracle, make sure to highlight that in conversations. It’s a big plus for roles like the Finance Analyst position.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you're genuinely interested in joining the IPS Adhesives team. Let’s get you that Finance Analyst role!
We think you need these skills to ace Finance Analyst in Newcastle upon Tyne
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Finance Analyst role. Highlight your accounting experience, especially in management account preparation and any relevant ERP systems you've worked with. We want to see how your skills align with 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 you can contribute to our team at IPS Adhesives. Be sure to mention your analytical skills and attention to detail, as these are key for this role.
Showcase Your Achievements: When detailing your work experience, focus on specific achievements rather than just listing duties. For example, if you improved reporting processes or contributed to successful audits, let us know! We love to see how you've added value in previous roles.
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s straightforward and ensures your application goes directly to us. Plus, it shows you're keen on joining our team at IPS Adhesives!
How to prepare for a job interview at IPS Corporation
✨Know Your Numbers
As a Finance Analyst, you'll need to demonstrate your financial acumen. Brush up on key financial metrics and be ready to discuss how you've used data analysis in previous roles. Prepare examples of variance analysis or management accounts you've worked on.
✨Master the Tools of the Trade
Familiarise yourself with ERP systems like SAP or Oracle, as well as advanced Excel functions. Be prepared to talk about how you've used these tools to streamline processes or improve reporting accuracy. If you have any specific projects in mind, share those!
✨Showcase Your Problem-Solving Skills
The role requires strong analytical abilities, so think of instances where you've tackled complex financial issues. Be ready to explain your thought process and the impact of your solutions. This will show that you can add value to their operations.
✨Communicate Clearly
Effective communication is key in this role. Practice explaining financial concepts in simple terms, as you may need to present insights to non-financial stakeholders. Highlight any experience you have in cross-functional collaboration during the interview.