At a Glance
- Tasks: Lead financial reporting and control for UK operations, ensuring accuracy and compliance.
- Company: Join IDS, a leader in innovative diagnostic solutions with over 30 years of expertise.
- Benefits: Enjoy a hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Collaborative environment with excellent career advancement opportunities.
- Why this job: Make a real impact in finance while working with a dynamic team in a leading company.
- Qualifications: Qualified Accountant (ACCA/CIMA) with strong manufacturing industry experience.
The predicted salary is between 35000 - 45000 £ per year.
Here at IDS (a Revvity company) we are currently seeking a Finance Manager to join us on a full-time, permanent basis.
This is a hybrid role with 3 days in the office weekly and 2 working from home.
IDS are the leading in-vitro diagnostic solution provider to the clinical and research laboratory markets.
With over 30 years of expertise, we develop (in-house), manufacture and market innovative and high-quality immunoassays and instruments.
Job Purpose
To lead the financial reporting and control activities of the UK business operations, ensuring accurate financial accounting and management, regulatory compliance, and support for commercial decision-making.
- Principal Accountabilities
- Month-end
- Produce month-end accounts for 2 entities (IDS Limited and IDS Holdings) within a 2-day reporting deadline
- Calculate and post journals including fixed assets, royalties and VAT
- Review journals such as accruals, prepayments, payroll, bad debt
- Complete and/or review balance sheet reconciliations
- Prepare and review management accounts
- Manufacturing
- Execute standard cost updates for BOM, labour and overhead rates
- Analyze manufacturing variances (PPV, scrap/waste, absorption)
- Oversee UK stock - stock control and stock provisioning
- VAT
- Manage UK group VAT registration (2 entities)
- Manage German VAT registration (IDS Ltd)
- Perform monthly VAT calculations, journals and reconciliations
- Submit VAT returns
- Tax
- Perform quarterly tax dashboards for the UK entities (Group reporting requirement)
- Work closely with Deloitte on annual tax computations
- Others
- Approve bank payments
- Track capex spend
- Manage the external audits (Azets)
- Support FP&A with annual budget process
- Understand royalty agreements and perform and/or review calculations
- Offer Finance support to the UK site as required
Skills, Knowledge And Experience
Qualifications
Qualified Accountant ACCA / CIMA or equivalent
Skills & Knowledge
- Understanding of stock/manufacturing costing methods
- Logical analysis and good problem-solving skills
- Good communication skills
- Ability to work well in a team
- Satisfactory Excel skills
- Strong mathematical ability
- Ability to maintain controls
Experience
Strong manufacturing industry experience in production/stock accounting; ERP variance analysis experience advantageous.
#J-18808-Ljbffr
UK Finance Manager in East Boldon employer: Revvity
Revvity is an excellent employer, offering a supportive work culture that values teamwork and innovation in the heart of Abingdon. As a part-time Lab Operations Assistant, you will benefit from flexible working hours, opportunities for professional development, and a commitment to health and safety that ensures a rewarding and meaningful experience in the field of diagnostics.
