Junior Finance Business Partner

Job Description

We are looking for a Junior Finance Business Partner to join the finance team with the industry-leaders in vehicle glass repair, replacement and recalibration - with unrivalled customer satisfaction. Due to continued success, they are now seeking a FinanceAssistant, Accounts Assistant, Finance Analyst or similar, with great communication skills to join their team! This primary responsibilities of this role are to provide a full business partnering and accounting service for various income streams to ensure timely and accurate reporting. You will do/be:

• Prepare monthly reconciliation between the ATP statements compared to invoices processed on the accounts payable ledger, with a final check against Amex statement.
• Resolve all reconciling transactions with ATP in a timely manner. Clear down the ATP prepayment on Oracle when all transactions are reconciled.
• Prepare and distribute intercompany statements and resolve all queries by working day 3 of the month end reporting week.
• Work with the financial Accountant to reconcile our month end intercompany position and resolve and differences in the HFM consolidation system with other business units.
• Prepare timely balance sheet reconciliations every month and ensure completed prior to the end of the day on working day 4 of the month end reporting week.
• Prepare the monthly franchise fees schedule to invoice the business units (BUs).
• Reconcile invoices and workings on a monthly basis to the netting records within the Co-Process intercompany settlement system.
• Year End true up including waivers for BUs prior to December.
• Prepare the annual schedules for franchise fees and management fees detailing the revenue relating to that year to be used to support the statutory accounts and tax analysis working papers.
• Ensure an up to date Budget/Forecast is in place (currently monthly)
• Account correctly for new market income ensuring upfront fees and monthly income is recorded appropriately and work with the Ledger administrator to ensure invoicing is correct.
• Prepare and submit weekly intramonth forecasts for external franchise fees into the HFM system
• Understand the purchasing patterns and their impact on the actual position.
• Establish monthly accruals for all glass suppliers
• Provide monthly analysis of accrual vs forecast/budget and provide true-up from accrual to quarterly invoices
• Ensure invoices are raised in AR working by the Ledger Administrator. As well as income related business partnering, this role also has responsibilities for various elements of the balance sheet including:
• Ensure the Oracle bank statements are downloaded daily and analysed for cashflow purposes.
• Reconcile IT2 vs Oracle monthly
• Reconcile various bank account, currency control accounts and intercompany (Co-Process) on a periodic basis.
• Receipting of the Netting Statement and ensuring all transferred using the Netting journal at the correct rates o Ensure balances in accounts are up to date and not overdrawn.

Requirements

• Good basic accounting knowledge of AP, AR
• Intercompany reporting would be a plus
• Part Qualified and looking to study ACCA/CIMA/ACA

Benefits

• Hybrid working (Office in Egham)
• £26-32,000 depending on experience plus discretionary bonuses
• Study Support
• Training
• Staff Benefits

Keyskills :
finance analystfinance business partnerfinance assistant