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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, bonuses, and great benefits.
- Why this job: Be part of a fast-paced environment with opportunities for professional growth.
- Qualifications: Experience in accounting and familiarity with SAP B1 is essential.
- Other info: Work closely with various teams and contribute to exciting projects.
The predicted salary is between 55000 - 60000 £ per year.
Location: Surrey
Type: Permanent
Salary: £55,000 – £60,000 Per Annum (plus bonus and benefits)
Our client is a highly acquisitive £300mbuisness 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
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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 the Capex and Fleet Accountant role. Understanding how to navigate and utilise this software will give you an edge during interviews and demonstrate your readiness for the position.
✨Tip Number 2
Brush up on your knowledge of IFRS 16, as this is crucial for managing lease liabilities and asset management. Being able to discuss its implications in relation to capex will show your potential employer that you're proactive and knowledgeable about current accounting standards.
✨Tip Number 3
Network with professionals in the finance and accounting sectors, particularly those who have experience in capex management. Engaging with industry peers can provide insights into the role and may even lead to referrals or recommendations.
✨Tip Number 4
Prepare to discuss your experience with financial controls and process improvements. Be ready to share specific examples of how you've driven efficiencies in previous roles, as this aligns closely with the responsibilities outlined in the job description.
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. Include specific examples of how you've managed financial transactions, implemented controls, or improved processes in previous roles.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention your understanding of their growth plans and how your skills align with their needs, particularly in managing capex processes and liaising with various teams.
Highlight Relevant Skills: Emphasise key skills such as proficiency in SAP B1, financial reporting, and your ability to work collaboratively with IT and finance teams. Mention any experience with IFRS 16 or similar regulations, as this is relevant to the role.
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 an accounting role.
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 using SAP B1 for fixed asset management, make sure you understand its functionalities. If you have experience with it, be ready to share specific examples of how you've used it effectively.
✨Understand the Business Context
Research the company’s recent acquisitions and growth plans. Being able to discuss how your role as an accountant can support these initiatives will show that you're aligned with their goals.
✨Prepare for Scenario Questions
Expect questions about how you would handle specific situations, such as managing variances in capex spend or integrating assets from acquisitions. Think through your past experiences and be ready to provide detailed responses.
