The role is responsible for overall delivery of the financial results for one of the European subsidiaries and all of the legal entities within that country.  Deliverables will include management reports to group, statutory accounts, relevant regulatory returns, tax returns and board reports; plus input to forecasting and budgeting processes.

The role involves working closely with the core processing teams in the UK (Accounts Receivable, Accounts Payable and Cash Team).

Responsibilities

Corporate Accounting:

• Responsible for overall delivery of relevant European subsidiary results to regional and group timetable, in line with group policy.
• Responsible for monthly submission of results to group using HFM (group consolidation tool); providing all relevant information including balance sheet movement analysis and explanation of significant variances.
• Preparing monthly management accounts and commentary explaining results and variances to Senior Management and the group reporting team.
• Understanding the sources of revenue for the company, performing analytics and detailed checks to ensure amounts are accurate and complete.
• Preparing balance sheet reconciliations as appropriate and ensuring all balances are accurate and valid.
• Reviewing balance sheet reconciliations prepared by the core processing teams and ensuring all balances are accurate and valid.
• Reconciling inter-company balances and working with counterparties across the group to resolve differences on a timely basis.
• Ensuring robust control environment exercised to produce accurate and timely financial information.

Statutory & Regulatory Reporting:

• Preparing statutory accounts for assigned European subsidiaries and liaising with external partner to produce local GAAP compliant accounts.
• Building good relationships with the auditors and ensuring full audit schedules and explanations are provided through interim and year-end audits.
• Supporting the preparation of the PLC annual report at year-end, including preparation of appropriate disclosure packs.
• Preparing regulatory returns and calculations where relevant and ensuring timely completion and submission of all relevant regulatory returns for assigned subsidiaries.

Management Reporting, Budgeting & Forecasting:

• Supporting the management accounting team in the preparation of the annual budget and providing challenge where appropriate to control costs.
• Preparing quarterly board reports and analysis.
• Preparing monthly management reports required by local management.
• Feeding into group forecasts and ensuring significant variances highlighted to Senior Management.
• Preparing monthly working capital analysis for assigned UK entities as required by the group treasury team.
• Preparing ad-hoc financial analyses and reports as required.

Transfer Pricing / Corporate Tax:

• Understanding group transfer pricing policy and implications for subsidiary entities assigned.
• Preparing transfer pricing calculations out and explaining inter-company transactions to receiving entity accountants, providing supporting analysis where required.
• Reviewing transfer pricing calculations in and query inter-company transactions with preparing entity accountants where appropriate.
• Co-ordinating settlement of transfer pricing invoices related to assigned entities.
• Ensuring appropriate legal agreements are in place to support transfer pricing policy impacting assigned entities.
• Understanding basic rules on tax deductibility and reviewing transactions within assigned entities to ensure unusual / one-off transactions are highlighted to the group tax team and external partner.
• Preparing accounting information and analysis for tax team / external partner to prepare annual tax provisions and computations / returns.
• Reviewing initial tax computations to ensure accuracy and liaising with tax team / external partner to complete tax filings.

Process Improvement / Ad-hoc Projects:

• Responsible for documentation of all processes and controls applicable to the companies assigned.
• Identifying process / control weaknesses or inefficiencies, developing process improvements and working with the wider team to implement improvements / efficiencies identified.
• Representing finance in ad-hoc projects as required.