The role in a nutshell: Provide management accounting functions to ensure that the Company implements and maintains adequate financial controls and to provide reliable, accurate and timely management information to senior managers and stakeholders.
About the ‘Department’: Management Accounts prepare reports about business operations that help managers make short and long term decisions. They ensure that TFS implement and maintain adequate financial controls and provide accurate and timely information to senior managers and stakeholders. The team is structured around two distinct functions: Management Accounts and Reconciliations.
What you’ll be doing:
- To manage the month end reporting process.
- To take responsibility for the accurate and timely submission of the monthly General Ledger figures and Key Performance Indicators using Hyperion Essbase
- To prepare the monthly financials data for senior managers, including variance analysis to budget and latest forecasts, new business written, margin calculations and details of current provision levels.
- To drive best practice for cost management
- To manage monthly Cost Centre reporting with variance analysis and to assist the budget holders monitor and control their overhead expenditure including project costs.
- To take responsibility for the calculation of the Residual Value provision
- To ensure that external reporting requirements are met ie Finance and Leasing Association (FLA), National Statistics
How you could stretch this role:
- Suggest improvements to the department’s processes and procedures, ie report development, encouraging a work culture of continuous improvement.
- Involvement in ad hoc projects.
- Provide support to / deputise for the Senior Manager, Management Accounting on all matters as required.
What you’ll get to own:
- Managing the month end reporting process.
- Preparing monthly financials data for senior managers
- Responsibility for managing the company’s overheads.
- Coaching your direct report, regularly meeting with them to help optimise performance in the team.
Requirements
Key Experience & Skills:
- Proven management accounting experience, such as dealing with month end reporting, working with >£500m asset base, reporting to foreign parents, budgeting and forecasting
- Demonstrating a high level of commercial awareness.
- Business partnering experience
- Strong cost control
- Proficiencies in using Microsoft Office software, particularly Excel at an advanced level and Power BI
- Strong written and verbal communication, including confidence in presenting.
Attributes & Behaviours:
- Good time management and organisational skills.
- Self-motivated and proactive worker.
- Keen attention to detail.
- Able to work effectively with all levels of staff (including key stakeholders) and external partners.
- Team oriented
Benefits
At Toyota Financial Services (TFS) it is more than just an externally bench-marked salary and bonus, we also offer:
- Hybrid working pattern is 2 days in the office and 3 days from a location of your choice.
- Access to attractive car schemes for you (& your family) for Toyota & Lexus cars
- Excellent pension scheme (up to 6% employee contribution and 15% employer contribution).
- Generous annual leave of 25 days which increases with service and holiday purchase option
- Private Medical Healthcare (single, partner/spouse and dependent children) with Digital GP Service
- Group Income Protection cover with Aviva including physical, mental, and financial wellbeing services
- Employee Assistance Program
- Eye tests
- Onsite gym, Sports and Social Club, & flu jabs to keep you healthy
- Wellbeing hour each month and many more initiatives throughout the year to encourage a healthy mind and body, and to raise awareness and celebrate diversity, equity and inclusion.
- Dress for your day policy to make you feel comfortable at work
- Eco HQ, free parking & restaurant
- Two volunteering days per year
- Reward gateway voucher discounts
- Flexible working scheme and we welcome flexible working conversations at interview
- Regular 121s with your manager, a personal development review (PReview) each quarter
- A wide range of learning & development opportunities including Linked In Learning courses
- £250 contribution towards you learning something new outside of work
- Annual events (e.g., summer party, BBQ & Xmas party) including Countdown to Christmas events every December - it is so much fun!
Our Recruitment Process
At Toyota Financial Services (TFS) we value everyone and are pleased to be recognised as a Disability Confident Employer.
We are committed to supporting disabled applicants throughout the recruitment process. Should you meet the minimum criteria for this role and wish to apply under the DC scheme, you may be moved forward to the next stage. Please ensure to add this information into your application.
When it comes to recruitment, please do let us know if we can adjust our process to be meet your accessibility needs.
Some examples of how we might be able to help are listed below:
- Providing a copy of interview questions before the interview
- Organising a time and location that best suits you
- Allowing additional time for the assessment and interview
We are happy to review any adjustment on a case-by-case basis to support you to be your best self.
Toyota Financial Services (UK) PLC Epsom and Ewell, England Office
Burgh Heath Road, , England, Epsom and Ewell, United Kingdom
