At a Glance
- Tasks: Manage bank reconciliations, fixed assets, and general accounting for a luxury brand.
- Company: Join the prestigious Tiffany & Co. under the LVMH Group.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity to work in a collaborative team and grow within a global company.
- Why this job: Be part of a renowned brand and enhance your finance skills in a luxury setting.
- Qualifications: ACA or ACCA qualified with experience in reconciliations and fixed asset management.
The predicted salary is between 31500 - 38500 £ per year.
Key Accountabilities
Bank & Intercompany Reconciliations
- Perform monthly bank reconciliations for UK/IE entities, collaborating with the wider finance team to resolve discrepancies promptly.
- Execute monthly sub-ledger intercompany reconciliations.
- Prepare and manage monthly merchandise and miscellaneous reconciliations with all Tiffany Entities (US, EMEA) and LVMH Group entities.
This includes liaising with the Group to clear aged items, reviewing Aged Trial Balance (ATB) and Reconciliation & Normalization Certificate (RNC) analyses, and conducting thorough investigations and follow-ups to resolve reconciling items.
- Provide intercompany balance confirmations for audit purposes.
Fixed Assets Management
- Ensure accurate accounting for Fixed Asset additions in accordance with company policies.
- Prepare and post monthly depreciation journals.
- Reconcile Fixed Assets data from the external asset management platform (RAM) to the Balance Sheet and Profit & Loss statements in JDEW on a monthly basis.
General Accounting & Reporting
- Review and verify the accuracy of invoices for miscellaneous charges, coordinating with Accounts Payable and Treasury for timely settlement.
- Prepare indirect tax reporting for distant selling within the EU as required.
- Produce various month-end schedules as needed.
- Perform other Balance Sheet reconciliations as necessary.
- Conduct analysis of Profit & Loss expenses as required.
- Post various accounting journals.
- Ensure timely and accurate bank postings by the Accounts Payable department.
Management Accounts & Compliance
- Prepare and review management accounts for IE/Nordics markets as required.
- Maintain and ensure adherence to LVMH internal controls frameworks.
- Assist with internal and external audits.
Other Duties
- Calculate monthly sales commissions.
- Provide support to the finance team during busy periods, for overflow tasks, and holiday cover.
Your Profile
- Must currently hold authorization to work in the United Kingdom.
- Should be ACA or ACCA qualified.
- Proven experience in monthly bank reconciliations for UK/IE entities, sub-ledger intercompany reconciliations, and merchandise/miscellaneous reconciliations across all Tiffany and LVMH Group entities.
- Demonstrated ability in Fixed Asset management, including accurate accounting for additions, depreciation journal preparation, and reconciliation of Fixed Asset data.
- Experience with general accounting and reporting tasks, including invoice accuracy review, indirect tax reporting, month-end schedule preparation, Balance Sheet reconciliations, and Profit & Loss expense analysis.
- Ability to prepare and review management accounts and ensure adherence to LVMH internal controls frameworks.
- Strong attention to detail, accuracy, and a proactive approach to resolving discrepancies.
- Proficiency in Microsoft Office, including advanced Excel skills.
- Strong communication and organizational skills.
Preferred Qualifications
- A college/university degree.
- Experience in retail or luxury retail or relevant client-related experience.
- Knowledge of JD Edwards (JDEW) accounting software.
- #J-18808-Ljbffr
Senior Accountant UK employer: Tiffany & Co
Tiffany & Co is an exceptional employer that values leadership and inclusivity, offering a dynamic work culture in the heart of Greater London. Employees benefit from competitive pay, comprehensive benefits, and ample opportunities for professional growth within a prestigious luxury brand known for its commitment to craftsmanship and diversity. Join us to be part of a team that not only strives for excellence but also fosters a supportive environment where every voice is heard.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Accountant UK
✨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.
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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 Tiffany & Co. 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 Senior Accountant UK
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 Tiffany & Co.
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 Tiffany & Co'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 Tiffany & Co
✨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 Tiffany & Co.
✨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 Tiffany & Co 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 Tiffany & Co 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.
