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- Tasks: Join our team as a Financial Accountant, managing daily accounting tasks and financial reporting.
- Company: Terumo is a leading global healthcare company dedicated to improving patient outcomes.
- Benefits: Enjoy hybrid work options, competitive salary, and opportunities for professional growth.
- Why this job: Be part of a dynamic team, contribute to impactful financial processes, and enhance your skills.
- Qualifications: A degree in applied economics or equivalent experience, with at least 5 years in accounting.
- Other info: Opportunity for travel and occasional extended hours; training provided for SAP.
The predicted salary is between 36000 - 60000 £ per year.
Terumo is seeking a Financial Accountant to join its General Accounting team within the Global Business Services (GBS) organization. Reporting to the Financial Accounting North Lead, this role supports high-quality accounting services across Europe and contributes to the Group’s Centre of Expertise in Accounting.
This role will specifically take ownership of theday to day accounting for the Terumo Aortic site in Glasgowand theTerumo UK sales site, with the potential to expand or change to other regions as GBS continues to grow. The Financial Accountant is responsible for ensuring the accurate and timely reporting of financial statements, while also ensuring compliance with all local statutory and regulatory reporting requirements.
As the scope of GBS evolves, responsibilities may shift, requiring the individual to beadaptable and resilient in a dynamic environment. The ideal candidate isself-motivated, highly organized, and detail-oriented, with a strong commitment to delivering high-quality financial data and supporting continuous improvement in accounting processes.
The Key Responsibilities Of The Role Are;
- Payroll accounting, including incentive accruals
- Accrual – and deferral postings
- Preparation and posting of month end closing journals
- Take ownership of balance sheet reconciliation, maintaining the required evidence
- Intercompany accounting and reconciliation
- Preparation of local tax reporting (tax return and VAT reporting), in cooperation with Tax and VAT specialist.
- Responsible for the set up of the local financial statements (following local GAAP and requirements, including filing)
- Act as primary contact for the audits of local financial statements end group reporting financial statements
- Ensure compliance with applicable group accounting policies. Support the process in place to ensure this structurally happens
- Ensure compliance with local accounting regulations and requirements.
- Regular communication with the business, FBP, commercial teams to develop a strong understanding of business activities and needs.
- Identify areas for improvement, standardization and increasing of efficiency in the accounting process
The successful candidate will possess;
- Master or bachelor’s degree in applied economics or Certified Accountant, or equivalent through experience.
- Extended experience in accounting and reporting (minimum of 5 years experience in a major company or division of a large corporation);
- Experienced in SAP, not essential as full training will be provided
- IFRS knowledge or equivalent through experience
- Knowledge of local GAAP and requirements
- Accuracy and attention to detail
- Ability to work extended days on an occasional basis and travel if required
- Able to work under high pressure
- Excellent interpersonal and team building skills expressed as the ability to interact and communicate with all levels of the business, internally and externally
- Strong planning skills
- Proactive and responsive
- High personal integrity
- Self-starter and team player
Reporting to: Financial Accounting North Lead
Location: UK Sales office- Camberley, Surrey (Hybrid work from home)
Area of responsibility: TAG & TUK
FTE: Full time
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Financial Accountant employer: Terumo Aortic
Contact Detail:
Terumo Aortic Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Accountant
✨Tip Number 1
Familiarise yourself with Terumo's business model and values. Understanding their operations, especially in the Aortic and UK sales sectors, will help you demonstrate your genuine interest in the role during interviews.
✨Tip Number 2
Brush up on your knowledge of local GAAP and IFRS standards. Being able to discuss these regulations confidently will show that you're well-prepared for the responsibilities of the Financial Accountant position.
✨Tip Number 3
Network with current or former employees of Terumo, especially those in finance roles. They can provide valuable insights into the company culture and expectations, which can be beneficial during your application process.
✨Tip Number 4
Prepare to discuss your experience with accounting software, particularly SAP. Even if you haven't used it before, showing a willingness to learn and adapt to new systems can set you apart from other candidates.
We think you need these skills to ace Financial Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in accounting and reporting, particularly any roles that involved payroll accounting, month-end closing, or balance sheet reconciliation. Use keywords from the job description to demonstrate your fit for the Financial Accountant position.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role at Terumo and explain how your background aligns with their needs. Mention your adaptability and commitment to high-quality financial data, as these are key traits they are looking for.
Showcase Relevant Skills: Highlight specific skills such as your knowledge of local GAAP, IFRS, and any experience with SAP. If you have examples of improving accounting processes or working under pressure, include those to strengthen your application.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. Attention to detail is crucial in accounting, and a polished application will reflect your professionalism and commitment to quality.
How to prepare for a job interview at Terumo Aortic
✨Know Your Numbers
As a Financial Accountant, you'll be dealing with financial statements and reports. Brush up on your knowledge of local GAAP and IFRS standards, as well as any recent changes in regulations that may affect the role. Being able to discuss these confidently will show your expertise.
✨Demonstrate Adaptability
The job description highlights the need for adaptability in a dynamic environment. Prepare examples from your past experiences where you've successfully navigated changes or challenges in accounting processes. This will illustrate your resilience and ability to thrive under pressure.
✨Showcase Your Communication Skills
Regular communication with various teams is crucial in this role. Be ready to discuss how you've effectively communicated complex financial information to non-financial stakeholders in the past. This will demonstrate your interpersonal skills and ability to work collaboratively.
✨Highlight Continuous Improvement Initiatives
The role requires identifying areas for improvement in accounting processes. Think of specific instances where you've implemented changes that led to increased efficiency or accuracy in your previous roles. Sharing these examples will show your proactive approach and commitment to high-quality financial data.