About This Role
Leading and overseeing the accounting department is the core of this role, ensuring the integrity of financial reporting, compliance with regulatory standards, and the smooth operation of the company’s financial processes. The Head of Accounting will provide strategic leadership to the accounting team, collaborate closely with senior leadership, and drive continuous improvement across the company’s financial systems, processes, and practices.
Responsibilities
- Oversee the preparation and analysis of monthly, quarterly, and annual financial statements
- Oversee the day-to-day operations of the accounting department, including financial accounting, accounts payables, and accounts receivables, ensuring operational efficiency, including ensuring timely payments to suppliers and prompt invoicing to customers
- Ensure the accuracy and timeliness of financial reporting for nine UK legal entities, overseeing the preparation of financial statements (profit and loss, balance sheet, and cash flow)
- Prepare and analyse financial statements in accordance with UK GAAP and IFRS and any relevant local regulatory requirements
- Manage and mentor the accounting team, providing guidance, support, and development opportunities
- Set clear expectations and goals for the accounting team and regularly assess performance
- Foster a collaborative and high-performance team culture
- Coordinate audits with internal and external auditors (local and group audit) and manage the implementation of audit recommendations
- Implement and maintain effective internal controls to safeguard company assets and ensure accurate financial reporting
- Ensure compliance with all tax laws, accounting standards, and financial regulations
- Supervise the implementation of financial controls and procedures, ensuring adherence to best practices and identifying areas for improvement
- Oversee the implementation, maintenance, and improvement of accounting systems (ERP, financial reporting tools, etc.)
- Drive process improvements to increase efficiency, accuracy, and reliability of financial data
- Ensure the accuracy and timeliness of month-end, quarter-end, and year-end close processes
- Partner with senior management to develop long-term financial strategies
- Provide insightful financial analysis and reporting to support decision-making
- Monitor and analyse financial performance, providing recommendations to enhance profitability
- Oversee the preparation of tax returns and filings, ensuring adherence to tax laws and regulations
- Stay up to date on changes in tax laws and ensure the company’s tax position is optimized
- Coordinate with internal global tax department and external tax advisors when necessary
