Financial Accountant

Date: 08-Sep-2022

Location: Nantwich, United Kingdom

Company: Ornua Co-operative Limited

 

Job Title:                         Financial Accountant

Reports to:                     Finance Manager

Location:                        Spinneyfields Farm, Main Road, Worleston, Nantwich, Cheshire, CW5 6DN

Hours:                             Monday – Friday, 37.5 hours per week, 7.5 hours per day, core hours - 10am-4pm

Salary:                             £35,000 to £40,000 per annum (dependant on qualifucations and experience)

 

Benefits:

Free Onsite Parking, 33 Days Holidays including bank holidays, Pension, Company Shop (offering discounts on products),Discount on Bikes and Tech Scheme, Confidential Employee Assist Programme plus much more. 

Ornua’s Values

At Ornua, our Values guide us as we work together and care for each other to achieve great things. Our five values, and their underlying behaviours, encourage us to Seek and Embrace New Ideas, Make It Happen, Be Our True Selves, Show You Care and Achieve Great Things Together.

Role Purpose

 

The role will support the Finance Manager in strengthening and developing a strong internal control environment, ensuring that the Business has a strong “Financial Foundation “in place. The role will encompass all aspects of reporting (local reporting, Group reporting & external reporting), Audits (External & Internal) and other finance project work.

 

This role will provide excellent career and personal development opportunities and the successful candidate will gain a strong exposure to post acquisition integration and ERP system implementation.

 

Key Responsibilities

 

  • Internal Control Environment
    • Play a key role in assisting the Finance Manager to develop and enhanced the control environment, including implementing Group Standardisation controls – Policies and Evolve project.
    • Support the Company Credit Card & Expense claim process & related controls
    • Support the AP team’s weekly payment runs / Bank template payments.
    • Review of the weekly aged debt report for SLT, prepared by the AR team.
    • Lead the weekly AR meetings to clear the latest AR Action Tracker items this will be supported by the FM.
    • Lead and prepare the data for the weekly Sales / Finance meeting, ensuring tasks are controlled and issues fixed as soon as possible.
    • Review of the GDNI Customer Returns to ensure full clearance of credits for physical returns to site.

 

Month End Duties

  • Full reconciliation of assigned control accounts for review by FM.
  • Review of the AR monthly reconciliations by the AR team with full compliance to the Group Policies.
  • Responsibility for Salary postings within the accounts and calculations for forecast.
  • Control of the Group Recharges within the accounts
  • Control of the PAYE payments and subsequent control account.
  • Review of the monthly AR receivables reports
  • Full preparation of month end management accounts and year end accounts, ensuring that the reporting deadlines are met
  • Responsibility for preparing for review and uploading the YTD Trial Balance to the Group Reporting tool (Oracle FCCS)
  • Monthly Reconciliation and agreement of all intercompany balances and the reporting of same within Oracle FCCS.
  • Responsibility for Ornua Nantwich Limited (an Investment company) including preparing monthly accounts and Group Reporting submission.
  • Setting up of the monthly files ahead of the new month end. Flash Management accounts files / Month End Management account files and all Group reports.
  • Review of Control accounts completed between the team and gaps highlighted and chased. Also within this will be the gaps in journal listing monthly check and documented and chased within the wider finance team.                                                                

 

 

  • Local & Divisional Management Reporting and Group Reporting
    • Lead role in the preparation of the Monthly Financial Review Packs
    • Responsibility for preparing various Group Reporting submissions

 

  • Other External Reporting
    • Responsibility for preparing quarterly VAT return
    • Responsibility for preparing completion of National Statistics (Shared with another Financial Accountant)

 

  • Audits
    • Manage the provision of information for internal and external auditors
    • Manage and be the one of the liaisons with external auditor re. Statutory Financial Statements.
    • Lead the actioning and implementation of control improvement actions points for internal & external audit reviews.

 

  • Budgeting and Forecasting
    • Assisting with forecast and Budget preparations.

 

  • Ad Hoc Finance projects
    • Ad hoc information, analysis and support the Finance Manager
    • Provide support to both Operations and Commercial Finance Business partners

 

  • Managerial Responsibility for the Accounts Receivable team.
    • Includes Bloom reviews and objective settings
    • Daily support of the AR issues and transactions.

Essential:

 

  • Newly qualified Accountant (ACA, ACCA, CPA or equivalent) preferred or a part qualified accountant with relevant FMCG Industry experience.
  • Excellent spreadsheet and database knowledge
  • Competent in adapting to new ERP systems.
  • Strong desire to learn, develop and succeed
  • Can adapt quickly to changes in demand and priorities- “can do “attitude
  • Ability to influence and lead
  • Good interpersonal and communication skills
  • Strong financial skills
  • Must be flexible with a proven ability to work under pressure, and to strict deadlines
  • Up to date with Accounting Standards.

 

Desirable:

  • Training within the audit function of a reputable accountancy practise is desired but not essential.
  • Experience either working within a subsidiary of a Group company or auditing Group subsidiary companies, with a strong understanding of Group reporting procedures
  • ERP system experience, ideally M3.

 

Personal Attributes

  • Excellent communication skills required, both internally and externally, using telephone or email to suit the circumstances
  • Treats colleagues and customers professionally and courteously, whilst adhering to company policy
  • Ability to work at speed with minimal supervision, whilst maintaining an eye for detail
  • Desire to improve process, and willing to challenge the status quo

 

 

Key Competencies:

 

  • WORKING TOGETHER: Ensures own team effectiveness. Facilitates and leads cross-functional working.
  • RIGOUR/ EXPERTISE: For projects that involve others applies effective professional skill, analysis and decision making, and planning and reviewing.
  • FORWARD-LOOKING: Leads others through change and contributes to competitive challenges and functional strategic plans.
  • OWNERSHIP: Makes decisions about sustainable growth and/or manages performance and ensures the quality and delivery of others’ work. Rewards and recognises success.

 

Company Overview

Ornua is a dairy co-operative which sells dairy products on behalf of its Members, Ireland’s dairy processors and, in turn, Irish dairy farmers.  It is Ireland’s largest exporter of Irish dairy products, exporting to 110 countries worldwide.  Headquartered in Dublin, it has annualised sales of over €2.3 billion and a global team of 2,850 employees.  Ornua operates from 10 business units worldwide, including 16 production facilities, and has sales and marketing teams working in-market across all four corners of the globe.

The Group is structured across two divisions: Ornua Foods and Ornua Ingredients.

Ornua Foods is responsible for the marketing and sales of Ornua’s consumer brands including Kerrygold, Dubliner, Pilgrims Choice, Kerrygold, Avantage, Forto, and BEO.  Markets are served by production facilities and in-market sales and marketing teams in Africa, Asia, Germany, Ireland, the UK, the rest of Europe, the Middle East, and the US.

Ornua Ingredients is responsible for the procurement of Irish and non-Irish dairy products and for the sale of dairy ingredients to food manufacturing and foodservice customers across the world.  Ornua Ingredients is also responsible for managing volatility through de-risking and trading strategies. The business is supported by production facilities in Saudi Arabia, Spain, the UK, the US and by in-market teams in Africa and the Middle East.


Job Segment: Sustainable Agriculture, ERP, Accounts Receivable, Accounting, Banking, Agriculture, Technology, Finance