At a Glance
- Tasks: Manage trade debtors, cash flow forecasting, and product costing analysis.
- Company: Join a dynamic team at SSUK, focused on commercial finance excellence.
- Benefits: Enjoy 35 holiday days, up to 16% pension contribution, and free parking.
- Why this job: Be part of impactful business improvement projects in a collaborative environment.
- Qualifications: Qualified accountant (ACCA/CIMA) or part-qualified with strong Excel skills required.
- Other info: This is an onsite role, working Monday to Friday, 8 am - 4 pm.
The predicted salary is between 30000 - 42000 £ per year.
We have an opportunity for a Commercial Accountant to join our team. This role has finance responsibility to support commercial decision making, generation of the commercial result and to implement and maintain robust controls of customer debtor accounts for SSUK.
Benefits of the Commercial Accountant:
- 35 Holiday Days
- Up to a combined 16% pension contribution
- Access to Free Parking
- Career Development and Training
- Employee Assistance Programme
- Life Assurance & Income Protection
The Role of the Commercial Accountant:
- Trade Debtors Management: Conduct regular reviews of trade debtors, ensuring seamless reconciliation between the billing and finance systems. This includes accurate allocation of invoices, credit notes, and payments, reconciliation of customer prepayments, prompt resolution of discrepancies, and the establishment of appropriate provisions for doubtful debts.
- Cash Flow Forecasting: Take ownership of the weekly cash receipts forecast for trade debtors, preparing and presenting the forecast to Finance Heads for strategic review and alignment.
- Surcharge Process Ownership: Lead the monthly energy and raw material surcharge process, providing detailed calculations and insightful variance analysis to ensure accurate cost tracking.
- Product Costing Analysis: Manage end-to-end product costing, from single one-off costings to complex multi-year opportunities, ensuring timely ROI assessments and comprehensive variance analysis.
- Cross-Functional Collaboration: Work closely with colleagues across commercial, technical, and operational teams to fully understand product costing routes and their implications. Ensure the costing model's master data is continuously updated and remains accurate.
- Tolling Fees and Intercompany Transfers: Oversee the preparation of weekly tolling fees, intra-company transfers, and related adjustments, ensuring accurate and timely financial processing.
- Financial Reporting: Prepare and post turnover-related entries, as well as commercial provisions, to management accounts, while ensuring comprehensive reconciliation of balance sheet accounts.
- Statutory Accounting Adjustments: Take charge of preparing and posting statutory accounting adjustments at year-end, aligning them with the management accounting scope to ensure smooth financial reporting.
- Business Improvement Projects: Play an active role in driving business improvement projects, ensuring that financial needs are met and supporting the broader business objectives.
- Financial Controls and Compliance: Ensure strict adherence to key financial controls and procedures, continuously identifying opportunities for process improvements to enhance operational efficiency.
- Support & Deputisation: Provide support to the Commercial Finance Manager as needed, stepping in and taking full responsibility during their absence to maintain continuity.
Requirements of the Commercial Accountant:
- Experience working in a manufacturing environment
- Qualified accountant (ACCA / CIMA), Part Qualified considered in final stage of qualification
- Strong Excel skills
- Experience of working with ERP systems
- Desire and ability to question and challenge current ideas and processes in a constructive way
- Driven and ambitious personality with a desire to make positive changes
- Desire and ability to build strong relationships across the business with key stakeholders
The Working Pattern of the Commercial Accountant: This Role is onsite. The Working pattern for this role is 8 am - 4 pm Monday to Friday.
Contact Detail:
Liberty Speciality Steels Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Accountant in Sheffield
✨Tip Number 1
Familiarise yourself with the specific financial software and ERP systems commonly used in manufacturing environments. This knowledge will not only help you stand out during interviews but also demonstrate your readiness to hit the ground running.
✨Tip Number 2
Network with professionals in the finance and accounting sectors, especially those who work in manufacturing. Attend industry events or join relevant online forums to gain insights and potentially get referrals that could lead to job opportunities.
✨Tip Number 3
Prepare to discuss your experience with cash flow forecasting and trade debtor management in detail. Be ready to share specific examples of how you've successfully managed these areas in previous roles, as this will showcase your expertise.
✨Tip Number 4
Demonstrate your ability to collaborate across departments by preparing examples of past projects where you worked with cross-functional teams. Highlight how your contributions led to improved financial outcomes or operational efficiencies.
We think you need these skills to ace Commercial Accountant in Sheffield
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance and accounting, particularly in a manufacturing environment. Emphasise your qualifications (ACCA/CIMA) and any specific skills like Excel and ERP systems that align with the job requirements.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and how your background makes you a perfect fit. Mention your experience with trade debtors management, cash flow forecasting, and cross-functional collaboration to demonstrate your suitability.
Highlight Key Achievements: In both your CV and cover letter, include specific examples of past achievements that relate to the responsibilities of the Commercial Accountant role. This could be successful projects you've led or improvements you've implemented in financial processes.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or 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 Liberty Speciality Steels
✨Showcase Your Financial Acumen
Be prepared to discuss your experience with financial controls and compliance, especially in a manufacturing environment. Highlight specific examples where you've successfully managed trade debtors or improved cash flow forecasting.
✨Demonstrate Excel Proficiency
Since strong Excel skills are crucial for this role, be ready to talk about how you've used Excel in previous positions. Consider bringing examples of complex spreadsheets or analyses you've created to showcase your capabilities.
✨Emphasise Cross-Functional Collaboration
This role requires working closely with various teams. Prepare to discuss instances where you've collaborated with different departments, focusing on how you built relationships and contributed to successful outcomes.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities, particularly around financial discrepancies or process improvements. Think of scenarios where you've had to challenge existing processes constructively and the positive changes that resulted.