Finance Manager

29 Oct 2020
26 Nov 2020
Contract Type
Full Time
Speedy are the UK's leading hire provider with the widest range of tools, specialist hire equipment, plant and support services – everything for every job!

As we continue to grow and develop the business, Speedy have an exciting new position for a Finance Manager (Fixed Assets) . The purpose of this role is to support the Asset Finance function and assist in financial management of the Speedy Asset Financials.

We are ideally looking for someone with a practice background or exposure to fixed asset statutory accounting and IFRS16 reporting requirements. This is a great opportunity if you are ready for your next step and want to build a career with a strong and stable team within a PLC.

Key Accountabilities

Assist in preparation of IFRS 16 analysis for Group accounts, Investment Committee papers, budgets and forecasts.
Provide technical accounting support to the Property and Transport accountants on treatment of leases, including reviewing IBR rates and lease lengths.
Maintain the integrity of the lease accounting system with regular review controls over new and updated leases.
Full reconciliation of Monthly Disposal Summary and allocation back to AX system (and BPC). Full analysis of Scrap, Planned, Write Offs in the ledger. Monthly analysis to feed into Corp Tax analysis and general commentary on Planned Disposals.
Calculation and monitoring of stock loss provision based on generated report and liaise with the Asset Team to confirm missing statuses are as expected and no further specific provisions are needed. Ownership and understanding of this process is essential.
Rebate Asset Adjustments – Identify Assets to apply Fixed Asset adjustment rebate values to.
Ascertain the value of the reported refleets and upload onto Asset register quarterly.
Reconcile reinstatements actioned by the Asset Team back to Asset Team log. Understand the process regarding reinstatements and reallocate any large depreciation catch–up in line with advice from asset team/ops.
New acquisitions – Responsible for calculating fair value adjustments using info from operations based on state of assets. Calculate values based on Speedy depreciation, upload values, depreciation lives and residuals to the system.
None itemised to itemised – process additions onto the register.
Ownership of the Maintenance stocktake process. Collation of data, review and query/commentary on movements and financial assessment of value.
To support the Senior Finance Manager with the budget/reforecast process.
To assist in the preparation for the half year and year end external audit for Fixed Assets.
To undertake any other analysis/projects as required by the Head of Operations Finance.

What you'll need:

Good commercial/analysis skills
Able to understand and interpret large volumes of data.
Able to understand complex business process and system mechanisms.
Confident and professional telephone manner
Proficient in Excel with ability to perform lookups, If statements and pivot tables.
Ability to communicate at all levels internally and externally.
Strong team player, organised with a flexible approach.


Financial experience with understanding of GL entries during Procure to Pay Process, Depreciation, & Asset Disposal.
Knowledge in working with ERP applications (preferably Axapta, BPC).
Exposure to Statutory Fixed Asset Reporting.
Qualified CIMA/ACCA or relevant accounting qualification.In return we offer a competitive salary with car or cash car allowance, contributory pension scheme, 26 days annual leave entitlement (plus bank holidays) discretionary bonus scheme and life assurance. In addition you will be able to take advantage of our fantastic Salary Extras benefits scheme, offering cycle to work and various other discounts on a wide range of goods and services

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