Financial Reporting Analyst

Job title:

Financial Reporting Analyst

Company

Smiths Detection

Job description

Company DescriptionEvery minute of every day, Smiths Detection’s threat detection and security screening technology helps to protect people and infrastructure, making the world a safer place.Smiths Detection, part of Smiths Group is a global leader in the development, manufacture and management of security and detection solutions designed to make the world a safer place. Our technology provides threat detection and screening solutions for customers in our key markets: aviation, ports and borders, defence, and urban security.Our expertise spans 21 global offices, seven manufacturing sites and five R&D centres, with a global network of 3,000 dedicated colleagues contributing towards over 40 years at the frontline of advances in safety and security.This results in careers built on variety and the opportunity to work on a range of state-of-the-art solutions, where you can develop your knowledge and experience every day.Job DescriptionWe have an exciting opportunity for an experienced Financial Accountant to join our Hemel Hempstead based Finance team on a permanent (hybrid working) basis.Smiths Detection is a division of Smiths Group Plc, a FTSE 100 Company operating in more than 50 countries and employing over 23,000 people. The business is a world leader in the design and manufacturing of detection equipment into the transportation, military, and other markets.This role is based in the North West Europe (UK, Israel & Ireland) finance team, a circa. £45M external revenue region. This role has a tri-partite focus:1.Is responsible for the accurate reporting of the Israel company results in the Group’s two separate Oracle consolidation and management reporting systems.2. Assist with UK monthly reporting and multiple annual tasks.3. Lead on finance process transformation for the North West Europe finance team.Your mission in this position will be to work closely with Israel team, the external accountants, NW Europe, and Divisional finance teams to deliver high-quality financial and management reporting, financial planning, and analytics with an ultimate objective to improve decision-making, provide valuable insight into business performance and to provide strong financial control environment.This role is ideally positioned for a recently qualified accountant keen to make their move into a FTSE 100 company where opportunity for growth and development is written into our DNA. You will be able to demonstrate your incredible financial accounting and reporting skills, and adept at presenting financial information to a wide and varied stakeholder base.You will also need to be confident and outgoing, relish the opportunity to working as a Business Finance Partner for the Israel Branch, able to understand and challenge results produced by the external accountants and be able to tailor your delivery accordingly. Excellent MS Excel skills are a must. Experience of SAP are a bonus but not essential.Israel Branch Activities

• Act as Business Finance Partner for the Israel Branch; reviewing and challenging monthly results and reconciliations, completing monthly reporting in the Onyx consolidation systems, confirming monthly revenue forecasts, and completing formal Budget/FQ3 process, liaising with local finance admin and outsourced accountants to complete local statutory & tax filings, review the control environment and ensure accordance with group policies. Point of contact for all interim & year end queries from Divisional finance and external audit teams.

Ad hoc UK Financial ActivitiesAssist with preparation of the statutory & tax filings for the UK entities; completing draft statutory accounts in CaseWare, completing the workings for the statutory accounts and ETB, iXBRL coding of the statutory accounts and performing various tax analysis for the preparation of the corporate tax returns by the outsourced provider.

• Other information gathering & analysis tasks for the NW Europe region as required for items such as the PAYE Settlement Agreement, Transfer Pricing pack, Office of National Statistics reporting and Insurance information submittal process.
• Document the UK & Israel control environment for the annual Controls Self-Assessment process, ensuring accordance with group policies and completing the Controls Self-Assessment Questionnaire.

UK Monthly Reporting Activities

• Act as primary support for Finance Reporting Manager matters related to UK company financial controls and reporting.
• Deliver UK month end reporting process ad hoc tasks, such as completing the monthly COPA reconciliation process to allow detailed analysis of results by industry / product / business type.
• Perform review of selected areas in Onyx consolidation tool for Interims and Year End reporting purposes.
• Lead contact for UK entity’s audit process for selected areas; providing information and explaining items to external auditors as required.

TransformationSupport “SAP Zero” roll-out to Israeli and Ireland entities.Qualifications

• Fully Qualified accountant (ACA, ACCA, CIMA or equivalent) or Part-Qualified accountant with solid relevant experience.
• Knowledge or experience of IFRS standards especially IFRS9, IFRS15 & IFRS16.
• Excellent excel knowledge.
• Experience of using & implementing management information systems (Oracle EPBCS/FCCS/SmartView or similar) is advantageous.
• Knowledge of SAP is preferrable.
• Foreign language skills (especially Hebrew) an advantage.
• Ability & motivation to persistently pursue and achieve effective results which drive the business forward.
• Accurate and well organised.
• Ability to evaluate, analyse and address problems and data of diverse scope.
• Planning month end activities with 3rd party Israeli accountant.

Deciding appropriate plans for the implementation of transformative projects on finance processes.Additional InformationAt Smiths we apply leading-edge technology to design, manufacture and deliver market-leading innovative solutions that meet our customers’ evolving needs and touch the lives of millions of people every day. We are a FTSE100, global business of around 23,000 colleagues, based in 55 countries. Our solutions have a real impact on lives across the planet, enabling industry, improving healthcare, enhancing security, advancing connectivity, and supporting new homes. Our products and services are often critical to our customers’ operations, while our proprietary technology and high service levels help create competitive advantage. We welcome colleagues with a curious mind, who are happy with responsibility, enjoy a challenge and are attracted by the idea of working at a business with an almost 170-year history of innovation, and five global divisions, all experts in their field.We believe that different perspectives and backgrounds are what make a company flourish. All qualified applicants will receive equal consideration for employment regardless of race, colour, religion, sex, sexual orientation, gender identity, national origin, economic status, disability, age, or any other legally protected characteristics. We are proud to be an inclusive company with values grounded in equality and ethics, where we celebrate, support, and embrace diversity.At no time during the hiring process will Smiths Group, nor any of our recruitment partners ever request payment to enable participation – including, but not limited to, interviews or testing. Avoid fraudulent requests by applying jobs directly through our career’s website ( )

Expected salary

Location

Hemel Hempstead, Hertfordshire

Job date

Sat, 25 Jan 2025 23:10:54 GMT

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