Financial Accountant

Tenneco; Manchester; On-site; GBP 40,000 - 70,000; Full time

Job summary

Join a forward-thinking company as a Financial Accountant, where you'll play a crucial role in managing the accounting activities of special purpose vehicles. This hands-on position involves preparing statutory accounts, managing treasury operations, and ensuring compliance with financial regulations. With a commitment to excellence, you will work closely with internal and external stakeholders, driving best practices in accounting. This innovative firm values its employees and offers support for further qualifications, making it an ideal environment for professional growth. If you are a detail-oriented individual with a passion for finance, this is the perfect opportunity for you.

Qualifications

• 5+ years of financial accounting experience with corporate entities.
• Strong analytic skills and excellent presentation abilities.
• Competent in VAT returns and knowledgeable in UK company law.

Responsibilities

• Prepare annual statutory accounts for multiple UK entities.
• Manage monthly treasury accounting and balance sheet reconciliations.
• Act as primary contact for UK external statutory auditors.

Skills

Financial Accounting

Analytic Skills

Presentation Skills

Problem Solving

VAT Returns Preparation

Company Secretarial Duties

Withholding Tax Knowledge

UK and US GAAP Rules

Education

University Degree

Qualified ACCA / ACA Accountant

Training within an Accountancy Practice

Tools

MS Office (Word, Excel)

SAP

OneStream

Job description

Tenneco is one of the world's leading designers, manufacturers, and marketers of automotive products for original equipment and aftermarket customers, with approximately 78,000 team members working at more than 300 sites worldwide. Through our four business groups, Motorparts, Ride Performance, Clean Air, and Powertrain, Tenneco is driving advancements in global mobility by delivering technology solutions for diversified global markets, including light vehicle, commercial truck, off-highway, industrial, motorsport, and the aftermarket.

This is a great opportunity to join us as a Financial Accountant to support corporate functions. In this role, you will be responsible for performing the accounting and financial activities of special purpose vehicles (Tenneco's in-house bank and internal factoring entities as well as holding companies). You will recommend and implement best accounting practices and direct the accounting operations of the business. This is a 'hands-on' role working closely with and reporting to the assistant treasurer but with exposure to the wider Tenneco group working with both internal and external stakeholders.

Job Responsibilities:

1. Acting as a representative for four UK corporate entities and three Pension scheme companies.
2. Prepare the annual statutory accounts of multiple UK entities.
3. Perform quarterly VAT submissions for in-house bank and factoring company.
4. Prepare the monthly management accounts for three UK companies.
5. Complete intercompany recharges and reporting.
6. Notional cash pool administration (legal documentation, monthly postings, and reconciliations).
7. Monthly Treasury management accounting and full reconciliation of Balance Sheet in multiple currencies for EMEA, Asia, and America regions.
8. Intercompany loans administration (legal documentation, static data) inclusive of withholding tax calculations and quarterly returns.
9. Preparation and distribution of withholding tax certificates including applications for double taxation treaty towards UK tax authorities for intercompany loans, applications for certificates of residency.
10. Review and sign off of monthly UK payrolls.
11. Primary contact for UK external statutory auditors.
12. Collection of data for tax computations including quarterly corporation tax and annual transfer pricing reviews.
13. Completion of KYC documentation with banking counterparties.
14. Adherence to SOX and internal compliance rules.
15. Acting as trustee for three pension scheme companies, primary contact for trustee queries and as chair of monthly meetings.
16. Document processes and procedures.

What will make you successful

Profile

1. Minimum of 5 years financial accounting experience preferably with exposure to corporate entities (treasury vehicles, holding companies, SPV).
2. In-house Bank or treasury accounting background is relevant.
3. Strong analytic skills, with excellent presentation and reporting skills, an exceptional problem-solver.
4. Experience with Pensions legislation.
5. Competent in the preparation of VAT returns.
6. Excellent working knowledge of company secretarial duties and UK company law.
7. Flexible and robust individual, able to work autonomously and meet tight deadlines.
8. Working knowledge of withholding tax matters.
9. Knowledge of UK and US GAAP rules.

Education

1. Educated to University degree.
2. Qualified ACCA / ACA accountant.
3. Trained within an Accountancy practice.
4. Support would be provided to acquire ACT treasury qualifications should the candidate wish to pursue.

Skills

1. Good knowledge of MS Office (Word, Excel). Advanced Excel skills welcome.
2. Preferably experience of SAP, OneStream, or a similar Reporting package.
3. Able to work with colleagues internationally at all levels; excellent communicator.
4. Organised and methodical; diligent, precise.
5. A wish to continuously improve processes and procedures.

We are committed to the safety and health of our employees. We adhere to social distancing recommendations and other protocols, ensuring a safe work environment for all.

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