Williams Racing banner
Williams Racing logo
Job listing closed on 2 Feb 2024
9 Jan 2024

Financial Accountant

🇬🇧 Wantage, UK
Full Time
3+ years exp.

The company:

Williams’ core competencies are the design and development of racing cars to compete in the Formula One World Championship. As one of the world's leading Formula One teams, the company has secured 16 FIA Formula One World Championship titles since its foundation in 1977 and is now moving into an exciting era under new ownership defined by relentless innovation and living sustainable performance in every dimension.

We are looking for a passionate Financial Accountant to join our growing Finance team.

The Financial Accountant is responsible for the accurate recording and reporting of transactions in assigned areas, along with other accounting tasks. This includes creating and posting journals, preparing and peer-reviewing balance sheet reconciliations, preparing technical accounting papers and co-ordinating the internal and external audits. The Financial Accountant will also work with other members of the Finance team to ensure that transactions are compliant with the FIA Financial Regulations, and work with Finance Business Partners and FP&A to analyse actual spend.

You will be the subject matter expert for assigned areas of the balance sheet and P&L, providing accurate data to other team members and ensuring accounting records are maintained in line with regulatory frameworks.

This role will offer excellent development of key technical skills for an individual seeking to progress their career, with a wide breadth of tasks, learning opportunities and exposure to Financial Controller, Head of Finance and Head of Finance Business Partnering.

As a Financial Accountant, you will:

  • Manage the month end close process, ensuring journals are completed in a timely manner and reconciliations are maintained to a high standard

  • Manage and reconcile balance sheet accounts, identifying and delivering improvements to the preparation and delivering actions

  • Review contract documentation to prepare technical accounting papers

  • Work with the other Financial Accountants, take ownership for and manage the annual statutory audit process, ensuring that audit information is delivered on time and procedures are managed efficiently

  • Ensure all accounting records are appropriately kept and in line with required legislation (FRS 102, FIA Financial Regulations, HMRC, Companies Act)

  • Collaborate with System Architect specialists to design and develop Microsoft Dynamics (ERP) as appropriate, to support accurate business process and accounting particularly inventory recording

  • Support the Financial Controller with treasury matters, including working capital and FX management

  • Support the Head of Tax with Corporation Tax, RDEC and WHT filings on an ad-hoc basis

  • Partner with other financial functions to identify and deliver improvements to business processes

As a Financial Accountant, you’ll:

  • Be ACA/ACCA/CIMA, 0-2 years PQE Qualified

  • Have at least 3 years of relevant work experience

  • Have a degree or equivalent with a strong academic and/or professional development record

  • Have experience working with multiple stakeholders in a dynamic, fast-paced environment

  • Be able to take full ownership for identifying and solving financial issues

Experience with Microsoft D365 and PowerBI is also desired, but not essential.

Personal attributes you’ll have as a Financial Accountant:

  • Tenacious

  • Reliable

  • Intellectually curiosity

  • Have a drive for continuous learning

  • Receptive to change

  • Love new technologies/processes

What can Williams offer?

The Williams Group is based in multi acre complex located in Grove, Oxfordshire. The Williams Group offers a competitive holiday package, staff events/open days, a subsidised restaurant on site and various car schemes. We have an on-site gym (open 24 hours a day) as well as various fitness classes including outdoors bootcamps, pilates and yoga free for all staff and contractors to use. Aside from these benefits we can offer free onsite parking and large open green spaces to unwind during breaks. We are a based just 30 mins from Oxford City Centre by bus.

Williams is an equal opportunity employer that values diversity and inclusion. We are happy to discuss reasonable job adjustments