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Assistant Accountant

Country

United Kingdom

Job Family

Finance

For over 80 years, GfK has been a reliable and trusted insight partner for the world’s biggest companies and leading brands who make a difference in every consumer’s life - and we will continue to build on this. We connect data, science and innovative digital research solutions to provide answers for key business questions around consumers, markets, brands and media. With our headquarters in Germany and a presence in around 60 countries worldwide, you benefit from our global company with a diverse community of ~9,000 employees.

Harnessing the power of our workforce, the greatest asset we have is our people. As part of GfK, you can take your future into your own hands. We value talent, skills and responsibility and support your development within our international teams. We are proud of our heritage and our future: Currently we are in the latter stages of a transformational journey from a traditional market research company to a trusted provider of prescriptive data analytics powered by innovative technology. This is only possible with extraordinary people and this is why we are looking for YOU to help create our future. For our employees as well as for our clients we pursue one goal: Growth from Knowledge!

Job Description

Purpose of the Role

  • Key accountability for cash reporting and delivery cash KPIs (collection, DSO) through partnership with credit control, commercial leads, BPO and wider finance team.
  • Provide guidance on all BPO activities related to O2C, P2P and R2R, driving quality and providing support for exceptional items.
  • Review and ownership of payroll processes, including payment journals and balance sheet recs.
  • Key liaison between UK entities and global companies on intercompany transactions, ensuring documentation for intercompany items, correct allocation and resolution of queried items.
  • Preparation of deliverables from internal and external audit, as well as group reporting cycle.
  • Support the development of a robust control environment by continuously identifying opportunities to improve financial systems and processes and by implementing these changes, particularly across treasury, payroll and intercompany.

Key Activities

  • Prepare and analyse fortnightly cashflow submissions, improving accuracy and driving underlying behaviours. Regular follow up on variances with UK Finance and Group Treasury Director.
  • Driving cash collection through engagement with commercial team and Bulgarian SSC
  • Improve accuracy of cashflow forecasting by analysis of key client, leveraging information in sidetrade and business knowledge.
  • Partner with Profit Centre Managers and business partners to assist them in delivering cashflow forecasting within annual Business Plan.
  • Oversight of UK payment run and manual payments.
  • Bank administrator, managing access, mandates and cards.
  • Review payroll journal, cost allocation and posting, supporting the interface between payroll team and finance.
  • Review balance sheet reconciliations for employee amounts and associated taxes, reconciling variances and following up on unresolved items.
  • Key liaison between UK entities and group hub, breaking down and ensuring documentation for intercompany items, correct allocation and resolution of queried items. Support for business partners in monthly management accounts and budget/reforecasting cycle to identify group charges.
  • Review balance sheet reconciliations for intercompany items and lead intercompany reconciliations, using network of GfK group companies to resolve queries swiftly and proactively.
  • Support SG&A business partner to monitor and forecast impact on all product lines (i.e. including MM) and ELTs (i.e. including CTO T&D in UK) at a management and statutory accounts level
  • Preparation of deliverables from internal and external audit, as well as group reporting cycle.
  • Prepare/correct journal entries to the Ledger as required.
  • Support the development of a robust control environment by continuously identifying opportunities to improve financial systems and processes and by implementing these changes, particularly across treasury, payroll and intercompany.
  • To undertake any other duties commensurate with the role.

Typical Education and Work Experience required

  • 1+ years working experience within Finance functions esp. in a complex and dynamic environment
  • Experience of credit control and cashflow forecasting.
  • Basic accountancy training, with interest in pursuing professional qualification.
  • Experience of working in a group reporting environment.
  • Ability to analyse financial data and understand financial reports, statements, cash flow and projections
  • Strong problem solving and analytical skills
  • Good communicator, with approachable attitude.
  • Maturity dealing with challenging situations and a fast-paced business
  • High integrity and trusted personality
  • Proficiency in written and spoken English (at least level B2 in Council of Europe scale)

Key Leadership Behaviours

  • Proven track record in achieving results, “Getting things done”, positive hands-on attitude -pro-active, pushes self and others for results.
  • Used to working in a matrix structure and can operate in complex environments (Dealing with Ambiguity, Problem Solving & Decision Quality)
  • Problem solving: can respond to or proactively identify business needs and design appropriate solutions.
  • Peer Relationship - Ability to balance interests but drives own targets, team player and cooperative, gains trust.
  • Business Acumen – Understands the business priorities and environment
  • Having a backbone and being a true Business Partner; shows high levels of integrity and trust.

Technical skills

  • End user skills preferred: SAP, Microsoft Navision, Tagetik
  • Microsoft Office (especially Excel)

We offer an exciting work environment that brings people together. We encourage an entrepreneurial and innovative spirit. We make use of the latest digital technologies. We are looking for self-starters, who accept challenges and create solutions.

Can there be a better place to take center stage in the digital revolution? We are excited to getting to know you!

Posted: 6 days ago

City: London

Work Area: Finance

Job Time: Full Time

Requisition ID: R00007069