Financial Accountant EU
Scope of Role:
This role will be responsible for the Financial accounting, tax and financial compliance requirements of Cox Automotive Europe’s operations based outside of the UK, currently including Germany, France, Italy, Spain, Portugal, Belgium, the Netherlands, Austria and Poland.
These businesses transact vehicles B2B from 9 x selling countries in Europe to 30+ buying countries in Europe on a digital platform.
Your responsibilities will include:
Ensuring that the management accounting team’s accounting processes are in line with local GAAP and results are delivered in line with current local GAAP requirements using appropriate software, tool and advisors
Ensure that direct, indirect and local taxes are accounted for and declared on time and payments are made in line with local deadlines
Liaise with UK and US tax colleagues to ensure tax information is provided as required to meet international requirements
Ensure that transfer pricing agreements are adhered to and remain appropriate in the changing legislative landscape across Europe
Understand local invoicing requirements and ensure that accounting systems and processes align with any changes
Treasury management including cash flow forecasting and ensuring intercompany funding requirements are managed appropriately
Understand and maintain any adjustments to local GAAP
Also maintain and update accounting entries to align with UK and US group accounting requirements
Work closely with the management accounting and commercial FP&A teams supporting the European businesses to ensure a joined-up provision of overall financial support.
Oversight of the balance sheet for all Non-UK entities, ensuring accurate monthly financial reporting and clear balance sheet reconciliations are performed to an appropriate standard by the management accounting teams.
Ownership of the annual financial statement requirements for all non-UK entities in scope of the role, ensuring that internal and external deadlines are met and that the financial statements meet the regulatory requirements in the relevant territory
Objectives for Role:
Ownership of EU Financial accounting and audit – well managed with advisors and internal teams to meet deadlines; timely accurate financial statements across multiple entities and jurisdictions
Ownership of EU Tax compliance – direct and indirect - declarations and payments all made accurately and on time
Ownership of all other EU financial regulatory matters across non-UK entities including ongoing compliance with invoicing system requirements
Bring technical expertise into the EU quarterly balance sheet audit process
Innovation – understand the changing financial compliance landscape in Europe; understand the systems and processes of the entities, ensuring ongoing compliance and seek efficiency and improvement opportunities
Support on any key projects that drive strategic change across the European and UK business where accounting support is required.
Skills, Knowledge and Expertise:
Qualified accountant (ACA; ACCA)
Very strong technical background with recognised accounting firm
Very high levels of diligence and attention to detail
Strong I.T skills:
Business Central / MS Dynamics experience advantageous
Strong Excel and Powerpoint skills
Ability to work with multiple types of software
Good communication skills
Good knowledge of EU regulatory matters
Experience of coordinating EU financial statements production and audits essential
Knowledge of EU tax landscape would be advantageous