EMEA Finance Manager: Margin, Controls & Close (Hybrid)

Avnet, Inc.; Leeds; Hybrid; GBP 70,000 - 110,000; Full time

Benefits offered by this job

Pension scheme

25 days holiday + bank holidays

Free onsite parking

Free onsite gym

Flexible hybrid working

EV Car Scheme

Job summary

Farnell, an Avnet company, in Leeds seeks a Finance Manager for EMEA to oversee financial accounting across European entities, including month-end close, IFRS and US GAAP group reporting. The role focuses on balance sheet governance, margin accounting and SOX controls within a collaborative finance team.

The ideal candidate is ACA/ACCA/CIMA qualified, with extensive experience in multiple entities, strong IFRS knowledge and advanced Excel.

Qualifications

• Qualified accountant with ACA/ACCA/CIMA or equivalent.
• Significant experience in financial accounting, controllership or accounting management roles.
• Strong knowledge of IFRS and balance sheet management.
• Experience reviewing manual journal entries and accounting controls.
• Proven ability to improve accounting processes and strengthen financial controls.
• Experience managing multiple legal entities.
• Advanced Excel and financial systems experience.

Responsibilities

• Lead the month-end, quarter-end and year-end close processes across multiple legal entities.
• Ensure accurate and timely reporting under IFRS and compliance with US GAAP reporting requirements for group consolidation.
• Review and approve journal entries, accruals, provisions and accounting adjustments.
• Review monthly financial results and investigate significant variances.
• Support the preparation of external audit deliverables.
• Ensure compliance with group accounting policies and reporting timetables.
• Manage the balance sheet review process across all entities.
• Drive improvements in balance sheet reconciliation quality, timeliness and substantiation.
• Establish robust governance around high-risk and judgemental accounting areas.
• Review aged, unusual or unreconciled balance sheet items and ensure timely resolution.
• Develop and implement action plans to improve balance sheet health and reduce financial risk.
• Ensure intercompany balances are reconciled and resolved promptly.
• Responsible for ensuring accurate monthly gross margin accounting
• Working with the wider business on inventory and gross margin items, owning resolutions from a Finance and accounting perspective
• Review financial information to identify opportunities for margin improvement and cost optimisation.
• Challenge accounting and operational processes that negatively impact profitability.
• Support initiatives that improve financial visibility and decision-making.
• Execute and review key SOx controls within the month-end close process.
• Maintain documentation supporting key financial controls and accounting processes.
• Partner with Compliance, External Reporting and external auditors during control and year end testing activities.
• Identify control deficiencies and implement appropriate remediation plans.
• Promote a strong control environment and culture of accountability across the finance team.
• Identify opportunities to simplify and standardise accounting processes across entities.
• Drive automation and reduction of manual activities.
• Lead initiatives to improve close-cycle efficiency and reporting quality.
• Support finance transformation and continuous improvement projects.
• Develop meaningful KPIs around close performance, reconciliation quality and control effectiveness.
• Lead and develop a small accounting team, providing coaching and technical guidance.
• Working daily with our overseas BPO team to assist with resolution of escalations
• Set clear objectives and performance expectations.
• Foster a culture of continuous improvement, accountability and collaboration.
• Support succession planning and team capability development.

Skills

Qualified accountant (ACA ACCA CIMA or

Analytical & problem-solving

Advanced Excel & financial systems

Experience managing multiple entities

Balance sheet management & reconciliat

IFRS knowledge

Manual journal entries & controls

Tools

Excel

Financial systems

Job description

Farnell, an Avnet company, in Leeds seeks a Finance Manager for EMEA to oversee financial accounting across European entities, including month-end close, IFRS and US GAAP group reporting. The role focuses on balance sheet governance, margin accounting and SOX controls within a collaborative finance team.

The ideal candidate is ACA/ACCA/CIMA qualified, with extensive experience in multiple entities, strong IFRS knowledge and advanced Excel.