Sainsbury's

Financial Accountant - Fixed Assets

Recruiter
Sainsbury's
Location
Coventry, West Midlands, United Kingdom, United Kingdom
Salary
Competitive salary
Posted
18 Sep 2021
Closes
07 Oct 2021
Ref
21000UEY
Approved employers
Approved employer
Experience level
Qualified accountant
Division/Dept.
Finance/ Corporate Finance

Location
Flexible - Store Support Centre (Coventry, Holborn or Manchester ) and home

Reporting to
Finance Manager - Fixed Assets & Property Accounting

In a nutshell
To ensure the integrity and controls of accounting for the Sainsburys and Argos Ledgers of Capital and Fixed Asset Register expenditure including the resulting entries in the Period and Statutory Accounts. Support other areas of the business in respect of PPE queries. This is to enable the business to manage costs and satisfy their fiduciary duties to the Company.

What you need to do
  • Manage 2 direct report and 1 indirect to ensure processing of journals for Capital and Fixed Assets each period is timely and in accordance with Group Policy
  • Management of Oracle Projects (WIP) and Fixed Asset Registers ensuring all processing/interfaces are recognised in the correct period and overall reconciliations to the GL. This includes creation of new records and resolution of errors as required
  • Processing of asset disposals each period and tracking of future disposals
  • M anage the process of production of various capex schedules for period accounts and audit purposes
  • Ensure that a robust financial control environment exists within the teams, evidenced by correct accounting procedures being complied with and periodic Balance Sheet account reconciliations being performed and timely reporting of risks/opportunities
  • Provide information on net book values for land and store impairment reviews
  • Main contact with External Auditors in relation to Fixed Asset queries throughout the year
  • Review processes within the Team with a view to improving efficiency and accuracy of data
  • Recruit and develop a strong team with ability for moving into other finance roles as opportunities
  • Assess the implications on the financial statements of changes in accounting policy and IAS's for Property
  • Support the Finance Manager - Fixed Assets & Property Accounting in preparing PPE packs for all entities for Group Finance at Interims and Yearend reconciling additions, depreciation and disposals to the Management Accounts for Statutory Accounts reporting

W hat you need to know and show
  • Qualified Accountant or Finalist, including experience ideally within retail or an equivalent fast moving organisation
  • Experience of maintaining strong financial controls
  • Ideally experience of the Oracle EBS systems and/or OneStream
  • Strong organisational and analytical skills
  • Experience in PPE accounting and reporting is desirable
  • Experience in driving process simplification and improvements
  • Strong team management / supervisory skills
  • High level of energy and drive
  • Good written and verbal communication skills
  • S elf-motivated team player, able to work autonomously as well as collaboratively with other stakeholders
  • Able to plan, prioritise and meet deadlines in a constantly changing environment

What decisions I can make including budget
  • Identify and apply correct accounting treatment for your functional areas and entities
  • Apply appropriate judgement in areas of complexity or ambiguity

Directly or indirectly manages
• Team of 3

Support we will provide
• Working as part of the wider Group Finance team with significant collective experience and expertise
• Access to technical guidance from Big4 consulting and audit teams where necessary
• Access to Sainsbury's L&D offer, including regular bitesize sessions, lunch & learns and accounting technical update sessions

What we offer

If being part of a hugely influential team wasn't enough, you'll also receive a host of great benefits. As well as a competitive salary and a huge range of learning and development opportunities, you'll also enjoy a bonus scheme, holiday allowance, pension, a save as you earn scheme and staff discounts at Sainsbury's, Argos and Habitat.

Work-life balance is important to us, so we offer our colleagues as much flexibility as possible in line with the needs of their role. We trust them to decide how, where and when they work, combining remote and collaborative working with a flexible approach to hours, giving them plenty of time and space for life outside of work whilst delivering against our business goals.

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