Accounting Assistant

Xtrac; England; On-site; GBP 25,000 - 35,000; Full time

Job summary

Xtrac, a leading manufacturer in specialist transmissions, is seeking an Accounting Assistant to support their Divisional Controller. The successful candidate will engage with routine accounting processes, including bank reconciliations and supporting both sales and purchase ledgers. This fast-paced role offers the opportunity to gain comprehensive experience in various accounting functions within a collaborative team environment.

Qualifications

• Experience with accounting processes and bank reconciliations.
• Ability to assist with month/year end processes.
• Exposure to multistate sales and sales taxes desired.

Responsibilities

• Manage bank reconciliations and invoicing for customers and suppliers.
• Assist with accruals, prepayments, fixed assets, and journal entries.
• Support sales and purchase ledger activities.

Skills

Accounting processes

Multistate sales knowledge

Month and year end processes

IT skills

Interpersonal skills

Attention to detail

Education

Degree in accounting or related subject

Tools

ERP systems

Job description

Xtrac is the world’s leading designer and manufacturer of specialist transmissions. Our customers include the top motorsports racing series including Formula One, Le Mans, IndyCar and NASCAR and we also supply transmissions for the most exclusive high-performance cars in the world. We are at the forefront of a once-in-a-generation opportunity as the automotive industry transitions from internal combustion to electric and hybrid and our experienced and dedicated teams are using the latest cutting-edge technology to achieve this transition.

About the Role

As a result of business growth, we’re looking to recruit an Accounting Assistant to report into and support our Divisional Controller with daily routine accounting processes. A large amount of your time will be spent taking care of bank reconciliations, customer and supplier invoicing and supporting both sales and purchase ledger activities, so you’ll need to have had some experience of these accounting procedures.

Along with all accounting processes comes month and year end, so you’ll also assist the Divisional Controller with what can be a very busy period with accruals, prepayments, fixed assets and journal entries. If you’re looking for a role which you can gain a vast amount of experience in most accounting processes as well as being able to turn your hand to other office activities, then this will be the role for you.

This is a fast-paced role and will be a great opportunity for someone who loves a good team environment, has a positive attitude and doesn’t mind chipping in to help others.

About You

To be successful in this role, we’re looking for the following skills and experience:

Knowledge and experience of accounting processes within a similar roleUnderstanding and/or knowledge of multistate sales and sales taxes – we don’t expect you to know everything about this; but as we sell into 15 different states and will be adding an additional 5 in the next 6 months, you’ll need to have had some exposure.Experience with month and year end processesStrong IT skills with the ability to pick up new technologies/systemsExcellent interpersonal skills with the ability to communicate effectively across all levelsAbility to work under pressure against tight deadlines with great attention to detail

It would be great if you also had some of these skills but it’s not essential:

Experience of working with ERP systemsExperience assisting HR/Personnel teams with related activitiesDegree in an accounting or related subject and a CPA candidate

About Xtrac

Here at Xtrac, we are one of the world’s leading manufacturers of Motorsport and High-Performance Automotive Transmission Solutions. Our products are used internationally across the most prestigious motorsport events so naturally we have a passion for winning and continuously improving, whether that be our products, our people, or our business. Our vision is to transform into a world class high performance automotive supplier whilst retaining our position as a world leader in motorsport, so now is the time to join our journey, make an impact and contribute to the success of our future.

What makes us who we are is our people. We share behaviours and values to ensure Xtrac remain world class and have a culture that delivers!

We are…

Passionate

Accountable

Collaborative

Externally Focused

Yearn to Learn

If you’re looking for an exciting new opportunity, you could be just what Xtrac are looking for.

DEI Statement

Xtrac believe that diversity is not only a fundamental value but also a key driver of innovation, growth and success. We are committed to fostering an inclusive workplace where all employees feel valued, respected and empowered to contribute their unique perspectives and talents.

We celebrate diversity in all its forms, including to but not limited to race, gender, sexual orientation, age, religion disability and veteran status. We recognise that diverse teams are more creative, collaborative and effective in solving complex problems and driving positive change.

Xtrac are dedicated to creating a culture of belonging where everyone can thrive and reach their full potential. We actively promote diversity and inclusion through recruitment, training and development, and advancement opportunities for all employees. By embracing diversity and fostering inclusivity, we not only strengthen our organisation but also enrich the experience of our employees and the communities we serve.

Join us at Xtrac and be part of a diverse and inclusive team that values and celebrates the unique contributions of every individual. Together we will drive innovation, excellence and success.For more detail, salary and company information, use the apply link