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Financial Accounting Associate

Employer
Simbec-Orion
Location
Merthyr Tydfil, United Kingdom
Salary
Competitive
Start date
13 Jun 2024
Closing date
30 Jun 2024

View more

Discipline
Finance / Administration, Finance
Hours
Full Time
Contract Type
Permanent
Experience Level
Experienced (non-manager)

Job Details

ABOUT US

Simbec-Orion is a responsive and agile full-service CRO, with wide therapeutic experience and specialist expertise in clinical pharmacology, oncology and rare diseases. Perfectly structured, we provide full-service clinical development solutions for small and mid-size drug developers - headed up by a centralised leadership team.

With a focus on tailormade and scalable solutions, we’ll adapt our delivery style, communications and operations to suit the demands of the project, helping clients achieve their clinical and commercial objectives. Because our goal is the same as theirs; to improve patients’ lives.

THE ROLE

We are currently seeking a Financial Accounting Associate to join our Group Finance Department. Reporting to the Senior Commercial Reporting Accountant, the Financial Accounting Associate will be responsible for assisting in the production of month-end and year-end activities. The role will involve key responsibilities related to accruals, prepayments, Capital Expenditure, bank reconciliations, treasury activities, timesheets, and employee expenses.

KEY ACCOUNTABILITIES

  • Support the month-end process by preparing month-end accounting entries, including accruals and prepayments.
  • Maintain balance sheet accounts with supporting documentation and ensure appropriate processes and controls are in place.
  • Assist the accounting team with reporting, reconciliations, and analysis as required.
  • Perform daily bank reconciliations and supplementary cash analysis.
  • Support with cashflow forecasting and treasury activities to help effectively manage Group cashflow.
  • Manage all CAPEX accounting, including maintaining the Asset Register, posting depreciation journals, reviewing monthly additions, and managing the Assets Under Construction accounts.
  • Manage the contractor accruals process and support review of hours spent versus invoiced.
  • Process employee expense data for posting through to the system and payment.
  • Perform regular expense reviews to ensure VAT is recorded and claimed correctly and to validate that expenses are being claimed in line with company policies.
  • Manage the weekly timesheet compliance process to ensure sufficient control and completeness.
  • Work with the Senior Commercial Reporting Accountant in collecting and processing monthly data to support reporting and analysis, as well as production of monthly department reports.
  • Assist as required with preparing the year-end analysis and information gathering, with ongoing support through the year-end audit.
  • Project Work as needed to support Group Finance objectives.

SKILLS REQUIRED

ESSENTIAL:
  • Studying towards a professional accounting qualification - CIMA, ACCA, ACA
  • Experience in managing accruals and prepayments
  • Experience in producing bank and balance sheet reconciliations
  • Ability to prioritise workload and work to deadlines
  • Excellent Excel skills, ability to work efficiently with data using formulas and pivot tables


DESIRABLE:
  • Previous experience in dealing with multi-entity and multi-currency accounts
  • SME experience
  • D365 system experience

WHY YOU SHOULD JOIN US

Simbec-Orion is growing fast. To keep up with demand, we’re looking for the best people, from all areas of clinical development, to join our team.

We’re dedicated to bringing the latest advances in science to market. Exposure to truly innovative new drugs in patient populations with serious unmet medical needs is what drives our company - and your reason to be a part of it.

With experts from all disciplines under the same roof, you’ll work alongside some of the industry’s best. So if you’d like to further your career within challenging therapeutic areas in rare disease, oncology, or at our clinical pharmacology site, or laboratory services. We’re waiting to hear from you.

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