Financial Accountant - Reward & Payroll

Competitive | London | Contract

Posted 3 months ago

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Financial Accountant – Reward & Payroll
West London
£250 - £280 per day
Initial 3 month contract

InterQuest Solutions are delighted to be working with one of our key clients a market leader in the retail and telecoms sector, supporting with the recruitment of an interim Financial Accountant to work across their Reward & Payroll sectors out of their head office in West London

Purpose of the role
• Own the key financial processes and control environment for the Reward and Payroll areas along with assisting the wider accounting and control team.
• Ensuring a timely and accurate set of accounts are delivered each period
• The area is well controlled and the related balance sheets are fully understood and reconciled
• Ensure clear two way communication with the other areas of finance and the business to ensure the financial results are accurate and understood by all parties

Duties & Responsibilities
• Run the financial processes including month end, balance sheet, P&L and cash inputs for reward and payroll
- Processing the month end in a timely and accurate manner
- Understanding and reconciling the related balance sheet accounts
• Ensure accounting treatments are in line with relevant accounting standards and minimum control standards
• Own the accounting for complex areas and areas of judgement including bonus accruals
• Communicate clearly to other areas of finance and the business
• Deliver process improvement to standardise processes across the brands and the various areas
• Budgeting and Forecasting – support these key processes as required in particular through provision of actual costs and balances with insights into key drivers and movements
• Accounting advice – advise on the financial accounting implications of new revenue streams and transactions, seeking guidance where necessary and ensuring optimal treatments are implemented
• Work closely with the shared service centres and other financial control teams to ensure the operations are efficient and financial results well controlled
• Drive performance- continually identify opportunities to drive business profit and team efficiency
• Audit and review bonus calculations and payments.

Skills & Experience
• Candidates will ideally have previous Retail and Commercial experience
• You will be able manage and influence senior stakeholders well and analyse and understand complex data and situations to recommend the optimal solution
• You will be able to apply financial knowledge to commercial and operational areas and explain clearly to others
• Candidates will preferable be results focused and deliver work end to end to a conclusion in a planned and controlled manner.