Black Sheep Coffee
Location: SE1, London
Department: Finance
Reports to: Financial Controller
Type: Full-time
Salary: Up to £65k per annum
Role Overview
Black Sheep Coffee is seeking a highly motivated and detail-oriented Financial Accountant to join our dynamic team. As a Financial Accountant, you will play a crucial role in ensuring the accuracy and integrity of our financial records. The ideal candidate will have a strong background in accounting and excellent analytical skills.
Role responsibilities
1. Financial Reporting:
- Prepare the annual statutory accounts for the different legal entities within the group, in accordance FRS 102.
- Prepare the quarterly Investor Report which goes to all shareholders.
- Regular updating of the company’s forecast model.
2. General Ledger Management:
- Maintain and reconcile general ledger accounts to ensure accuracy and completeness.
- Record and review journal entries, ensuring compliance with accounting standards.
- Manage the Finance Coordinator to ensure invoices are processed and the bank reconciled for timely monthly reporting. This would require providing cover for payroll if the Finance Coordinator is absent.
3. Cash Flow Management:
- Monitor cash flow, prepare weekly cash forecasts, and manage working capital.
4. Tax Compliance:
- Liaise with external accountants in the preparation of corporation tax returns, R&D tax relief and capital allowances and ensure compliance with UK tax regulations.
- Prepare quarterly VAT returns in our accounting system and determine VAT rates on new products.
- Responsible for compliance with payroll taxes, including review monthly P32 submissions and preparing annual P11Ds.
- Stay updated on changes in tax laws and regulations affecting the company.
5. Audit:
- Overall responsibility for the year end external audit
- Overseeing the planning and field work stages and ensuring that the audit is completed, and statutory accounts fully signed in line with the required deadline.
6. Process Improvement:
- Identify opportunities for process improvement and efficiency in financial operations.
- Implement best practices to enhance the accuracy and timeliness of financial reporting.
Requirements – Skills, Qualifications & Experience
- Bachelor’s degree in Accounting or a related field.
- CA or equivalent professional certification preferred.
- Big 4 trained preferred but not essential.
- Proven experience as a Financial Accountant or similar role.
- Strong knowledge of accounting principles, practices, and regulations.
- Proficiency in accounting software and Microsoft Excel.
- Excellent analytical and problem-solving skills.
- Strong attention to detail and organizational abilities.
- Effective communication skills to collaborate with cross-functional teams.
- Ability to work independently and meet deadlines in a fast-paced environment.
About Black Sheep Coffee…
Join the thriving team at Black Sheep Coffee, the rapidly expanding 4th largest coffee chain in the UK. With our sights set on further growth, this is an exciting opportunity to be part of our success story.
Since our establishment in 2013, we have captivated coffee lovers with our commitment to quality and innovation. As a testament to our dedication, we have risen to become one of the leading players in the UK coffee scene.
With our continuous expansion plans, there has never been a more exciting time to join us. As a member of our team, you will have the chance to contribute to our upward trajectory and be part of our ambitious journey towards shaping the future of the coffee industry.
We foster a dynamic and collaborative work environment where your ideas are valued, and your professional growth is encouraged. With a strong emphasis on teamwork and a passion for excellence, we provide a supportive platform for you to thrive and make a meaningful impact.
Don't miss the opportunity to be part of a rapidly growing company that values innovation, quality, and the power of exceptional coffee. Join Black Sheep Coffee today and embark on a rewarding career that offers unlimited potential.