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Accounting Operations Accountant Gatwick, England

Nestle

Full Time Gatwick, England 41000 - 43000 GBP ANNUAL Today

Job description

Position Snapshot

Business area: Nespresso
Job Title: Accounting Operations Accountant

Location: Gatwick Office or London hub in Westminster (from Jan 2024) with hybrid working - Requirement to be in our offices at least twice a week to connect and collaborate

Salary: From £41,000 to £43,000 depending on experience + potential bonus + other fantastic benefits

Although this is a full-time permanent opportunity, please speak to us about what flexibility means to you as we are always open to discuss individual’s flexible working needs, don’t let this stop you from applying.

Position Summary

Nespresso has a great opportunity for an Accounting Operations Accountant to join their Finance team. Reporting to the Accounting Manager you will be responsible for the timely completion of all AO activities under your scope as well as the accuracy of balance-sheet positions in relation to Fixed Assets, Stocks, Bank, Lease Liabilities.

A little bit about us

We are the Nestlé Nespresso SA Company and are proud to be one of the fastest growing operating units of Nestlé. Our passionate, entrepreneurial-minded team has transformed Nespresso into one of the world’s most trusted brands. Our growth comes from our commitment to research and development in order to pioneer and be the reference in the portioned coffee sector; providing the very highest quality coffees that can be enjoyed in the comfort of consumers' own homes and out-of-home locations, such as restaurants, hotels, offices and luxury retail businesses. We guarantee quality by taking a careful, thoughtful and sustainable approach to how we produce and market our premium coffee capsules and machines.

From sourcing through to recycling, sustainability is at the core of Nespresso’s business, which is why every cup of Nespresso coffee will be carbon neutral by the end of 2022. Nespresso sources 93% of its coffee through its AAA Sustainable Quality™ Program, with almost half also certified with Rainforest Alliance or Fairtrade. Nespresso capsules are created from aluminum, an infinitely recyclable material that is recirculated into the aluminum supply chain.

With corporate headquarters in Lausanne, Switzerland, Nespresso is present in over 81 countries and counts over 13,000 employees worldwide. Nespresso UK&ROI – a certified B Corp™ – operates 45 boutiques, as well as an e-Commerce platform, delivering barista-level coffee experiences of the highest quality to both at-home and professional customers across the United Kingdom and the Republic of Ireland. To learn more visit www.nespresso.com.

A day in the life of an Accounting Operations Accountant…

As the Accounting Operations Accountant, you will deliver excellence through close cooperation with our shared service centre colleagues at Nestle Business Services (NBS) and:

Ensure the integrity of our Tangible Fixed Asset records:
- Liaise continuously with fixed assets custodians and other business stakeholders
- Monitor assets under construction
- Create request forms for fixed asset register updates in a timely and accurate manner: additions, sales, disposals, transfers
- Accrue for fixed assets as required
- Ensure that fixed assets are capitalised and depreciated according to Nestle Accounting Standards (IFRS)
- Control and approve monthly depreciation
- Ensure full traceability of assets through rock solid processes
- Maintain the local Fixed Asset policy, ensure it is up-to-date at all times

Ensure the integrity of our Right-of-Use of Assets’ records in relation to boutique leases (under the scope of IFRS16 – Leases)
- Manage new lease creations, lease modifications and ensure correct accounting treatment is applied at all times
- Control and approve monthly depreciation
- Control and approve lease liability amounts

Produce timely and accurate reporting in relation to Tangible Fixed Asset and Leases:
- Monthly and quarterly capex reporting to our HQ in Switzerland
- Capex data for annual Corporation Tax returns
- Capex data for quarterly tax forecasts
- Capex data for yearly Statutory Accounts
- Other Ad-hoc reports

Ensure that Stock value in the Balance Sheet matches actual physical stock by location:
- Reviewing and verifying monthly stock position in balance sheet
- Validating stock revaluations
- Resolving stock differences and ensuring necessary corrections are made
- Attending meetings with stakeholders and actioning changes

Ensure accurate reporting of VAT, Intrastat & Tax information to the necessary regulatory bodies and external auditors by:
- Reviewing and approving UK and ROI Intrastat reports and IE Sales List
- Providing support to Nestle Tax team to ensure tax compliance

Other Accounting Operations responsibilities:
- Coordinating and acting as key point of contact for internal and external audits
- Ensure implementation of Nestle Accounting Standards
- Ensure integrity of balance sheet positions for Fixed Assets, Stock, Bank, Leases and other balance-sheet accounts, putting actions in place for ageing positions and anomalies
- Lead and implement continuous excellence projects in order to increase accuracy, performance and efficiency
- Ensure compliance with Group and statutory policies
- Maintain up-to-date documentation of Accounting Operations local policies and processes looking at where improvements can be made and driving these changes

What will make you successful?

Ideally you will be a recently qualified accountant (CIMA or ACCA) with previous experience in financial accounts, although we may still consider part qualified. Communication skills are crucial to this role particularly with the stakeholder management aspect of the role. You will also have:

Knowledge of IFRS and UK GAAP with ideally a solid knowledge and experience of IFRS16 application
Fixed Asset management experience
Good analytical and mathematic skills using the relevant systems and applications
Advanced Excel skills
Strong attention to detail
Ability to build and manage relationships with business partners cross-functionally
Hands-on approach
Capacity to identify and implement new processes and process improvements
Good organizational and planning skills - able to work independently and prioritise workload

What you need to know

What can we offer in return? Great benefits you’d expect from a business the size of Nestlé – in the shape of a competitive salary and benefits package, bonus scheme, flexible working scheme, 25 days holiday plus bank holidays plus flex leave, pension scheme and a real focus on personal development and growth.

Job advert posting date 15/06/2023
Job advert closing date 29/06/2023

We will be considering candidates as they apply and we will occasionally close job advertisements early in the event we receive sufficient applicants, so please don’t delay in submitting your application.

At Nestlé, our values are rooted in respect. When we embrace diversity and give everyone the chance to be the best they can be, we can think in new, creative ways that grow and enhance our business. People of all gender identities, ethnically diverse individuals, people with disabilities, and members of the LGBT+ community are strongly encouraged to apply. If there is anything we can do to accommodate you to participate fully in the application process, please let us know. We take pride in championing inclusion and diversity, our people make up a number of Colleague Networks who represent different experiences and communities who hold us accountable in creating a sense of belonging for all, and our values create the conditions for us to respect the unique contribution you bring. Find out more about our Colleague Networks here: Diversity, equity and inclusion | Nestlé (nestle.co.uk)

We are committed to equal opportunity for all and we may collect relevant data for monitoring purposes during our candidate registration process. Be yourself, everyone else is taken!

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