At a Glance
- Tasks: Lead financial reporting and control for UK operations, ensuring accuracy and compliance.
- Company: Join Revvity, a leader in health solutions with a global team of over 11,000.
- Benefits: Enjoy a hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Dynamic role with excellent career progression and a supportive team environment.
- Why this job: Make a real impact in the health sector while developing your finance career.
- Qualifications: Qualified Accountant (ACCA/CIMA) with strong manufacturing industry experience.
The predicted salary is between 35000 - 45000 £ per year.
Location: Boldon - IDS
About Us: Revvity is a developer and provider of end-to-end solutions designed to help scientists, researchers, and clinicians solve the world's greatest health challenges. We pair the enthusiasm of an industry disruptor with the experience of a longtime leader. Our team of 11,000+ colleagues from around the globe are vital to our success and the reason we’re able to push boundaries in pursuit of better human health.
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.
UK Finance Manager in North East 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.
StudySmarter Expert Advice🤫
We think this is how you could land UK Finance Manager in North East
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Revvity. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace UK Finance Manager in North East
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Revvity.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Revvity's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Revvity
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Revvity.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Revvity will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Revvity employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
