Chief Group Accountant – Treasury

At IVC Evidensia, we are a leading veterinary services provider in Europe and North America with more than 2,500 clinics and hospitals across 20 countries and around 41,000 employees. We aim to have an extraordinary impact on animal lives, supporting in the region of 25,000 animals every single day across our international network. IVC Evidensia exists to champion the long-term health and welfare of animals and deliver our purpose of Healthy Animals, Happy Owners.

Due to the Group embarking on a period of exciting and challenging strategic change, this is a newly created role within the Group Finance team reporting to the Senior Group Finance Manager. Ultimately the Group’s aim is to establish a new statutory entity (the IVC Evidensia Treasury Company (UK) (‘the Company’)) and as such the Chief Group Accountant will be technically excellent in regard to accounting for external multi-bank finance, a range of financial derivatives, foreign exchange and intercompany funding.

They will be fully responsible for the accurate management accounting of a newly formed Group Treasury Company, IVC Evidensia Treasury Company (UK), playing a pivotal role in both the interim and year end external audit processes and assisting EY in the preparation of the annual statutory accounts.

They will be responsible for ensuring accurate accounting for multi-currency Intercompany transactions, as well as playing an important role in the Group’s internal recapitalisation processes alongside the Group Transfer Pricing, Tax and Treasury teams.

Key Accountabilities/Responsibilities:

• Detailed review of the monthly financial performance and the Management commentaries for the Company.
• Detailed and full control review of the Balance Sheet, with a particular focus on external multi-bank finance accounting and the accurate reporting of financial derivatives.
• Presentation and detailed explanation of the monthly financial results and Balance Sheet movements to Senior Management.
• Providing Treasury with detailed periodic information on Treasury related contractual spend and supporting aspects of the cash flow forecast.
• Being the primary contact in the audit relationship with Deloitte, the Group and the Company’s External Auditor, both during the year and at the year end.
• Ensuring timely resolution of all Deloitte audit queries at the year-end, for both the Group audit and local audit of the Company.
• Working closely with EY to respond to all statutory accounts and Corporate Tax queries in a timely manner.
• Preparation of the statutory disclosures in relation to external debt, financial derivatives and effective interest rates.
• Detailed review and sign-off of the Company statutory accounts, as prepared by EY to ensure accurate, consistent and compliant figures as well as statutory disclosures.
• Ensuring accurate accounting for all multi-currency Intercompany transactions.
• Calculating Intercompany interest cross charges across the Group and supporting in-country teams with accurate accounting and reconciliations.
• Monitoring and management of country-level borrowing facility levels and debt pricing.
• Intercompany interest calculations and forecasting for inclusion in quarterly tax forecast output.
• Maintaining all Intercompany agreements and the Contract document library.
• Ensuring all parties aware of the Group’s Intercompany policies, monitoring compliance with the policies and ensuring errors and deviations from the policies are corrected.
• Authoring new Intercompany processes to ensure accurate intercompany accounting across the Group and repayment of Intercompany in a timely manner to aid cash management.
• Managing the setting up of IVC Evidensia Treasury Company (UK) and the transfer of activities from IVC Acquisition Limited following incorporation.
• Recapitalisation of subsidiaries accounting.
• Working closely with Group Treasury on strategic Treasury initiatives such as refinancing projects, intercompany funding requirements, implementing or amending derivative portfolios.
• Maintenance and reporting of hedge documentation and related mark to market valuations.
• Preparing and finalising papers together with Group Tax to support Transfer Pricing activities and projects.
• Ad hoc queries from a range of stakeholders ( Group Tax, Group Treasury, Group FP&A, Group M&A, Group Legal, Management Accountants, Accounts Payable).

Experience/Qualifications:

• Experience of Holding Company accounting desired
• Ability to work to month end deadlines and tight timetables
• Experience of reviewing statutory accounts and leading on audit queries
• Strong business knowledge and commercial acumen
• Strong interpersonal skills with a confident, enthusiastic attitude and a proactive approach to accountancy
• Excellent analytical skills (Excel, Power BI) with the ability to convert complex data into useful information
• Excellent communication skills, incorporating written, verbal, presentation, and reporting at all levels
• Relationship building skills

Following receipt of your application, you will be contacted by one of our experienced hire recruitment team.

At IVC Evidensia we are a committed to Diversity, Equality, Inclusion and Belonging, we are keen to hear from candidates from all minority and diverse groups. As a Disability Confident Employer, we are keen to hear from candidates with disabilities and long-term health conditions and would be happy to discuss any reasonable adjustments needed during the recruitment process.

What We Offer:

At IVC Evidensia we recognise that our people are fundamental to the success of our business. Investing in our people, premises and processes is at the heart of what we do. In addition to a competitive base salary, you will benefit from

Work-life balance

26 days annual leave

Cycle to Work scheme

Initiatives focused on employee wellbeing

Pension

Discretionary Bonus

Discounted staff pet care

Dog Friendly office

Free Parking available at Head Office

At IVC Evidensia we are a committed to Diversity, Equality, Inclusion and Belonging, we are keen to hear from candidates from all minority and diverse groups. As a Disability Confident Employer, we are keen to hear from candidates with disabilities and long-term health conditions and would be happy to discuss any reasonable adjustments needed during the recruitment process.

IVC Evidensia UK

IVC Evidensia, The Chocolate Factory, Keynsham, BS31 2AU, United Kingdom

At IVC Evidensia we are a committed to Diversity, Equality, Inclusion and Belonging, we are keen to hear from candidates from all minority and diverse groups. As a Disability Confident Employer, we are keen to hear from candidates with disabilities and long-term health conditions and would be happy to discuss any reasonable adjustments needed during the recruitment process.

Any questions before applying?

Speak to Neil Merritt from our recruitment team who would be happy to help you with any questions you have before applying for this role.

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