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 in 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 analytical and communication skills.
The predicted salary is between 55000 - 65000 £ 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. 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 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.
