Financial Services
Sales region
Production units
Experience Scania Financial Services

 

FINANCIAL ACCOUNTANT

Business area: Accounts
Location: Milton Keynes
Reporting to: Financial Company Accountant
Permanent | Full-time

Overview:

The main responsibilities of the Financial Accountant are the external reporting processes relating to our Scania Finance Great Britain Limited business unit along with various internal reporting requirements. The role will include statutory reporting and will be the main contact for VAT, IPT and tax, including liaising with HMRC and external consultants. Internal projection reporting, ONS surveys, insurance reporting and internal project work. Reporting into the Financial Company Accountant.

Responsibilities:

Statutory reporting

  • Review the SFGB accounts and prepare them in the format required for statutory reporting
  • Liaise with the UK Management Accountant regarding the information reported and available
  • Review disclosures and relevant accounting standard changes with guidance from our external auditors
  • Liaise with our external auditors to review draft accounts to get a finalised draft prepared
  • Once finalised obtain authorised signatories and file with Companies House

Tax

  • Liaise with our external tax consultants to assist in the preparation of the tax computation for inclusion in the statutory accounts
  • The main contact for any tax related queries including corporation tax, deferred tax, insurance premium tax and VAT
  • Coordinate with various departments when tax related queries arise in projects, new products, invoice queries etc. Provide guidance and advice
  • The main contact for external sources relating to all tax aspects
  • Work with Head Office for the annual GTC reporting requirements

VAT

  • Review the VAT postings and prepare and submit the VAT return on a quarterly basis
  • Ensure accurate and timely reporting and submission of the VAT return
  • Review and ensure accurate accounting of VAT throughout the business
  • Monitor changes in VAT rules such as change in VAT rates
  • Be the main contact for any VAT related queries

Projection reporting

  • Coordinate with the SFGB sales team to obtain projected sales numbers for reporting in the quarterly projections and annual plan to Head Office
  • Review the projections process where needed to improve accuracy
  • Liaise with the executive team on the projected and plan numbers to get the sign off for reporting
  • Ensure timely reporting of the projections and plan along with the required commentary

Insurance reporting

  • Maintain the insurance balance sheet reconciliations. To be reconciled on a monthly basis
  • Liaise with our insurance team with regard to reporting requirements for month-end to Head Office. Update the relevant HFM forms for submission

Projects

  • To assist in any accounts related projects, providing representation, guidance and input from an Accounts perspective
  • To get involved with adhoc requests as and when they arise, assisting the team with new process requirements
  • Be one of the main contacts for any external projects which require involvement from Accounts

Office for National Statistics surveys

  • Take ownership of all Accounts related Office for National Statistics surveys, ensuring these are updated and submitted within the deadlines set by ONS

Team cover

  • Assist the Financial Company Accountant and Financial Accountant and Financial Accountant where needed and provide holiday cover
  • Assist the wider Accounts team where needed 
General Competencies
  • Using an understanding of business issues, processes and outcomes to enhance business performance
  • Understanding the importance of compliance within the finance industry
  • Demonstrates understanding of customers (internal and external), their commercial offerings, industry, business, motivational drivers and needs. Understands how Scania can contribute to the optimization of customer profitability
  • Locating and collecting data from appropriate sources and analysing it to prepare meaningful and concise reports that summarize the information
  • Demonstrate an understanding of external reporting requirements, specifically strong knowledge around tax and VAT reporting
  • Demonstrate an understanding of financial reporting systems, Excel and Microsoft Word
Personal Competencies
  • Listening and communicating openly, honestly and respectfully with different audiences, promoting dialogue and building consensus
  • Be able to work independently and proactively with limited supervision. Ensuring a high degree of accuracy in a timely manner
  • Holding yourself and others to high standards of accountability and creating an infrastructure and transparent culture that supports and measures personal and organizational responsibility and accountability
  • Treating others fairly, honestly, and respectfully, furthering the integrity of the organization and its relationships of trust with the broader community
  • Demonstrates the effort, willingness and ambition to achieve results. Meets objectives and responds proactively to avoid disappointing results
  • Must be a team player who communicates well and is on hand to help and support the team when needed
Desirable experience & qualifications
  • ACCA or CIMA qualified. Part qualified or equivalent will be considered depending on experience
  • Relevant business knowledge and experience in a similar role
  • Strong knowledge and experience around tax and VAT
  • Tax qualification would be desirable
  • Demonstrate expertise of Excel and finance house systems
  • Effective written/verbal communication skills
  • Demonstrate a keen eye for detail and accuracy
  • Efficient, organised and proactive
  • Fluent in English

If you wish to apply for this opportunity, please send your CV and a covering letter outlining why you feel you can make a positive contribution to the role using the below form. Closing date for applications is COP Saturday 31st July 2021.

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