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- Tasks: Manage capex processes and ensure accurate financial transactions.
- Company: Join a dynamic £300m business with a strong growth trajectory.
- Benefits: Enjoy a competitive salary, bonus, and various corporate perks.
- Why this job: Be part of a fast-paced environment that values efficiency and innovation.
- Qualifications: Experience in accounting and familiarity with SAP B1 is preferred.
- Other info: Opportunity to work closely with senior management and contribute to strategic decisions.
The predicted salary is between 55000 - 60000 £ per year.
Our client is a highly acquisitive £300m business who have made 50 acquisitions in the last 20 years. Due to further growth plans they seek to hire a Capex and Fleet Accountant. The role will manage the Capex processes for the group including responsibility for capex and fleet accounting to ensure timely and accurate processing of the related financial transactions, robust controls and driving efficiencies in the capex and fleet accounting processes.
Responsibilities:
- Approve new capex and hire purchase requests in line with capex policy and set up assets in SAP B1 fixed asset register
- Monitor capex and hire purchase spend v forecast and budget and report on variances
- Review business cases that include capex spend and track benefits delivered
- Review asset register for nil NBV assets and carry out impairment reviews
- Process asset disposals
- Capex and hire purchase month end processes e.g. run depreciation in SAP B1, prepare capex reports and prepare balance sheet reconciliations
- Manage integration of assets purchased as part of an acquisition into Group system and processes and oversee novation of HP and contract hire agreements
- Monitor headroom of Hire Purchase liability against covenant cap
- Assist with ongoing review and improvement of internal processes and systems, and assist with implementing new controls and procedures as required
- Promote adherence to capex finance policies and procedures across the group. This role has responsibility for approving capex spend.
- Liaising with auditors
- Work with Chief Data and Technology Officer and the Fleet team to help manage capex costs
- Consolidate capex and hire purchase budget requests and prepare annual budget
- Maintain strong lines of communication between IT, Finance and Fleet teams and other key stakeholders in the business
- Ad hoc project work as required by the Group Financial Controller e.g. implementation of IFRS 16
- Provide day to day support and guidance to teams re capex, HP and contract hire processes
A salary of £55,000-£60,000 plus bonus and benefits.
Capex and Fleet Accountant employer: Orka Financial
Contact Detail:
Orka Financial Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Capex and Fleet Accountant
✨Tip Number 1
Familiarise yourself with SAP B1, as it's a key tool for this role. Understanding how to navigate and utilise its fixed asset register will give you a significant advantage during the interview process.
✨Tip Number 2
Brush up on your knowledge of IFRS 16, as this is relevant to the role. Being able to discuss its implications on capex and fleet accounting will demonstrate your expertise and readiness for the position.
✨Tip Number 3
Prepare to discuss your experience with managing capex processes and financial controls. Be ready to provide examples of how you've driven efficiencies in previous roles, as this will showcase your ability to add value to our team.
✨Tip Number 4
Network with professionals in the finance and accounting sectors, especially those who have experience in capex and fleet management. This can provide you with insights and potentially valuable connections that could help you stand out in the application process.
We think you need these skills to ace Capex and Fleet Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in capex and fleet accounting. Use specific examples from previous roles that demonstrate your ability to manage financial transactions and implement controls.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your skills align with their needs, particularly in managing capex processes and liaising with various teams.
Highlight Relevant Skills: Emphasise your proficiency with SAP B1 and any experience you have with IFRS 16. Detail your analytical skills and ability to monitor budgets and forecasts effectively.
Showcase Communication Abilities: Since the role involves liaising with auditors and various teams, highlight your communication skills. Provide examples of how you've successfully collaborated with different departments in past positions.
How to prepare for a job interview at Orka Financial
✨Know Your Numbers
As a Capex and Fleet Accountant, you'll be dealing with financial transactions and budgets. Brush up on your financial metrics and be prepared to discuss how you've managed capex processes in previous roles.
✨Familiarise Yourself with SAP B1
Since the role involves setting up assets in the SAP B1 fixed asset register, make sure you have a good understanding of this software. If you have experience with it, be ready to share specific examples of how you've used it effectively.
✨Demonstrate Your Analytical Skills
The job requires monitoring capex spend against forecasts and budgets. Be prepared to discuss how you've tracked variances in the past and what steps you took to address any discrepancies.
✨Showcase Your Communication Skills
You'll need to maintain strong lines of communication between various teams. Think of examples where you've successfully collaborated with IT, Finance, or Fleet teams to achieve a common goal, and be ready to share those stories.
