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For Companies At a Glance
- Tasks: Join our finance team to manage accounts and drive process improvements.
- Company: LKQ UK, a people-first company focused on employee growth.
- Benefits: Competitive salary, enhanced leave, gym discounts, and comprehensive healthcare perks.
- Why this job: Make an impact in a fast-paced environment while developing your career.
- Qualifications: Qualified ACA, ACCA, or CIMA with experience in financial reporting.
- Other info: Flexible working options and genuine opportunities for progression.
The predicted salary is between 28800 - 48000 £ per year.
Job Overview
We are looking for a motivated and detail-oriented Financial Accountant to join our LKQ UK finance team. This role will provide accounting support for LKQ UK legal entities and standalone reporting divisions. You will be responsible for month-end postings, variance analysis, balance sheet reconciliations, and preparation of management account packs and group disclosure packs.
This is a fantastic opportunity for a qualified accountant who thrives in a fast-paced environment and enjoys process improvement and cross-functional collaboration.
What we offer
- Competitive Salary – We regularly review our salaries to keep your earnings competitive.
- Enhanced Annual Leave (Including Bank Holidays) – Enjoy a great work-life balance with plenty of time off to recharge.
- Exciting Career Growth – Unlock personal development and career opportunities across the UK & Europe.
- Life Assurance for Peace of Mind – Providing financial security for you and your loved ones.
- 24/7 Employee Assistance Programme – Confidential support for you and your family, whenever you need it.
- Exclusive Gym Discounts – Stay fit and healthy with reduced memberships at top health clubs.
- Comprehensive Healthcare Perks – Access an online GP, a hospital plan, and other wellness benefits.
- Cycle to Work Scheme – Save money while staying active with tax-free bike purchases.
- Retail & Staff Discounts – Enjoy exclusive savings on popular brands and products.
Key Responsibilities
- Reconciling Intercompany Accounts: Match and reconcile transactions between different company entities, ensuring balances are accurate and discrepancies are fully investigated and resolved.
- Financial Reporting: Prepare monthly accounts for smaller subsidiary entities and standalone divisions, including intercompany reconciliation and elimination submissions to support group consolidation.
- Statutory Accounts: Prepare statutory financial statements and provide support during external audits.
- Compliance and Internal Controls: Ensure compliance with accounting standards, company policies, and relevant regulations, contributing to a robust control environment.
- Transfer Pricing: Support the tax team with transfer pricing arrangements and intercompany loan agreements.
- Process Improvement: Identify and drive process improvements to enhance efficiency and accuracy of intercompany accounting processes.
Skills and Experience
- Qualified ACA, ACCA, or CIMA.
- Proven experience preparing full sets of management accounts for a legal entity under FRS 102.
- Experience working with external audits and responding to audit requests to tight deadlines.
- Strong analytical and problem-solving skills with a solution-oriented mindset.
- Excellent written and verbal communication skills, with the ability to liaise effectively with non-finance colleagues.
- Strong interpersonal skills and ability to build relationships across the organisation.
- Highly organised, self-motivated, and capable of working independently in a fast-paced environment.
- Demonstrated ability to meet deadlines and manage multiple priorities effectively.
Why Work for LKQ
- People First: We value our employees just as much as our customers.
- Work-Life Balance: Flexible working options to support your lifestyle.
- Career Growth: Genuine opportunities for progression in a thriving industry.
- Passion for Excellence: Join a team dedicated to being the best at what we do.
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Financial Accountant employer: LKQ Europe
Contact Detail:
LKQ Europe 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, attend industry events, and don’t be shy about asking for introductions. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with your own. This will help you tailor your responses and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice your answers to common interview questions, especially those related to financial reporting and compliance. Use the STAR method (Situation, Task, Action, Result) to structure your responses and highlight your achievements.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and shows your enthusiasm for the role. Plus, it’s a great opportunity to reiterate why you’re the perfect fit for the Financial Accountant position.
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 month-end postings, variance analysis, and any relevant qualifications like ACA, ACCA, or CIMA. 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 this role and how you can contribute to our finance team. Don’t forget to mention your knack for process improvement and collaboration – we love that!
Showcase Your Analytical Skills: Since this role involves a lot of financial reporting and reconciliations, make sure to showcase your analytical and problem-solving skills in your application. Give examples of how you've tackled challenges in previous roles – we’re all about solutions here at StudySmarter!
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 it. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at LKQ Europe
✨Know Your Numbers
As a Financial Accountant, you'll need to demonstrate your expertise in financial reporting and analysis. Brush up on key accounting principles, especially FRS 102, and be ready to discuss your experience with month-end postings and variance analysis. This will show that you’re not just familiar with the numbers but can also interpret them effectively.
✨Showcase Your Problem-Solving Skills
Prepare examples of how you've tackled challenges in previous roles, particularly around compliance and internal controls. Think about specific instances where you identified process improvements or resolved discrepancies in intercompany accounts. This will highlight your analytical mindset and solution-oriented approach.
✨Communicate Clearly
Since you'll be liaising with non-finance colleagues, practice explaining complex financial concepts in simple terms. During the interview, focus on your communication skills by being clear and concise. This will demonstrate your ability to collaborate across functions and build relationships within the organisation.
✨Be Ready for Scenario Questions
Expect questions that put you in hypothetical situations related to financial reporting or audits. Prepare to discuss how you would handle tight deadlines or manage multiple priorities. This will showcase your organisational skills and ability to thrive in a fast-paced environment, which is crucial for this role.
