Financial Accountant

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Who are LRQA?

LRQA stands for dedication to clients, market firsts, and deep expertise in risk management. We’ve grown to become a leading global assurance provider, bringing together outstanding expertise in certification, customised assurance, cybersecurity, inspection and training.

While we’re proud of our heritage, it’s who we are today that really matters, because that’s what shapes who we and our clients can become tomorrow. By staying true to our shared values and combining decades of collective experience, we support our clients in building a safer and more sustainable future.

What do we do?

We help our clients negotiate a rapidly changing world, by working with them to manage and mitigate the risks they face. We serve a wide variety of industries, from food, beverage and hospitality to automotive, aerospace and transportation.

From independent third-party auditing, certification and training; to consultancy services; to real- time assurance technology; to data-driven supply chain transformation, our innovative end-to- end solutions help our clients shape their own future, rather than letting it shape them.

LRQA currently operates across 51 countries, has more than 2,500 colleagues, generates £315m in revenue, and supports more than 60,000 clients across a diverse range of sectors and markets.

The next chapter for LRQA

The future of business assurance is exciting and rapidly changing. New challenges and opportunities are arising all the time. We’re adapting to these challenges by expanding our portfolio of services and aiming to become the leading digitally enabled assurance provider.

In November 2021, Goldman Sachs Asset Management acquired the LRQA business from Lloyd’s Register Group, of which it had previously been a part. Becoming an independent business accelerates our ambition to realise this vision. We will now be able to:

• Invest in customer excellence.
• Build on strong foundations to lead the digital transformation of assurance.
• Invest to enhance our products and services.
• Accelerate the growth of the business and deliver on our sustainability strategy.

With solid expertise and heritage in our sector, coupled with well-timed accelerated investment and a leadership team that is fully committed to delivering our vision, LRQA’s next chapter is set to be an exciting, transformational period of growth. We’re well placed to build on everything we’ve done and further our ambitions for the future. At such an exciting time key talent is critical, and this role is a great opportunity to be part of our next chapter.

ROLE PURPOSE

To provide a Full Financial Accounting Service to the Food Certification side of the business. The successful candidate will work closely under the direction of the Group Financial Controller.

Duties And Responsibilities

• Management – Line manage bookkeeper on a day to day to enable the delivery of required financial accounts and key performance indicators
• Accounting – Prepare monthly financial accounts to 2 Group companies
• Commercial Excellence – Work with business owners to prepare Accurate financial forecasts and monthly management reporting presentations for each group company – Including, GM and Profitability analysis
• Contract performance – monitor performance of key contracts, sharing learnings with managers which may help influence commercial decisions
• Growth – Work closely with Onboarding to ensure best practices for onboarding of finance processes/invoice generation for new contracts
• Budgets – Assist with the annual preparation of annual budgets with the Managers/ Operational heads as needed. Ensure that all P&L owners have full understanding of the details of their budget. Assist P&L holders to present required information as required
• Finance Controls – Establish and maintain adequate financial controls within each of the group companies and client organisations
• Operational Excellence – Improve Edinburgh working capital ratio by continuing focus on bad debt provision and having minimal accrued income provision – within LRQA Reporting parameters
• Engaging Staff – Finance team to Proactively engage with Operations teams to initiate broader understanding of the Edinburgh P & L’s and help influence any commercial decision
• Compliance – Ensure that 2 reporting entities meet all of its Audit, Tax and VAT obligations
• Continuous Improvements – Drive the implementation of new systems and processes into the company to support/integrate with LRQA Reporting (Byd/BOS)

Diversity and Inclusion at LRQA:

We are on a mission to be the place where we all want to work and we are passionate about embracing different perspectives because we understand the value this brings to our business, our clients and each other. We are all about creating a safer and more sustainable future and our inclusive culture is right at the heart of our business.

Together our employees make our communities better and we want you to be part of our diverse team!

LRQA is a leading global assurance provider. The integrity and expertise we bring to our partnership with clients support their journey to a safer, more secure and more sustainable future. (Group entities).

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