Group Accountant - Ultra Electronics

Ultra Electronics
£50,000 - £55,000
12 Nov 2018
26 Nov 2018
Professional / Specialist
Accounting, Analyst, Finance, Strategy
FMCG / Retail
Contract Type
  • Market leading, FTSE250 listed organisation
  • An excellent first move into industry from audit

About Our Client

Ultra Electronics are an internationally successful defence and military, security, transport and energy company with a long, consistent track record of development and growth. They are a British business who have been operating for almost a century. With annual revenues of over £750 million they are one of the market leaders in their industry.

A fascinating, complex organisation, Ultra Electronics have grown via both acquisition and organic growth. It's certainly an organisation that is constantly changing, with various projects ongoing.

This is a role Michael Page has placed multiple times previously, with all incumbents having been promoted and progressed within the business. If you're looking for a role where you'll be challenged and developed this will certainly offer these prospects.

Job Description

The role itself sits within the Group finance function and is a group reporting role with aspects of business partnering, FP&A and strategic planning to the position.

Reporting to, and working closely with, the Group Reporting Manager, the Group Accountant will take responsibility for supporting day-to-day operation of a range of group financial and management accounting matters.

Group Reporting

  • Provide support to the Group Financial Controller and Group Reporting Manager with a number of activities
  • Lead the monthly multi-currency consolidation of the group results and forecast, including:
    • Update of consolidation journals including review of intercompany eliminations
    • Reconciliation of reserves
    • Review of the order book
    • Understanding of FX adjustments and movements
    • Analysis of central costs, central cash and variances
  • Liaise directly with the divisional and business unit finance directors
  • Assist with preparation of the monthly management accounts and Board reports
  • Assist with preparation of the interim and year end annual reports
  • Liaise with the external auditors
  • Proactive resolution of accounting queries from Ultra businesses
  • Administration of the consolidation system - setting up new users and entities
  • Undertake consolidation system report writing and data analysis
  • Train consolidation system users as required
  • Liaise with the 3rd party support provider and with internal IT resource
  • Ad hoc project work to support business needs, including assignments at the businesses

Budgeting and Strategic Planning

  • Assist the Group Accountant in the budget and strategic planning processes
  • Prepare interest, non-operating charges, EPS and net debt calculations
  • Prepare the group budget documents for the board
  • Provide support to the Ultra businesses and resolve queries
  • Review the Head Office budget and strategic plans with the Head Office accountant
  • Review the group cross charges with the Head Office accountant prior to

Head Office Accounting

  • Manage the full-time Head Office accountant and lead the review of the head-office accounts and forecasts
  • Prepare the statutory financial statements for the head-office companies
  • Provide cover for the Head Office accountant as required
  • Detailed review of BACS runs
  • Communication with the group's banks on Trade Finance matters
  • Manage interest calculations for inter company loans and internal interest payments across the group
  • Completion of Office of National Statistics surveys

The Successful Applicant

  • Qualified accountant (ACA, ACCA, CIMA)
  • Practice background, ideally from one of the 'big 4'
  • Experience with multi-currency consolidations
  • Experience using a group reporting tool
  • Collaborative attitude with an innate curiosity and a drive to improve constantly.

What's on Offer

A competitive salary, with brilliant corporate benefits.

This role has a track record of progression within the organisation - there is a clear development path in place.

Group Accountant - Ultra Electronics

Ref Code: MPFE13960354Z

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