About Company
Ready to shape the financial future of a dynamic organisation? Hiring.zycto is a rapidly growing enterprise dedicated to innovation and operational excellence across various sectors. We believe in empowering our teams, fostering a culture of continuous learning, and driving impact through meticulous financial stewardship. For a Finance Officer, this means an environment where your precision, analytical prowess, and strategic insights directly contribute to our scalable growth and fiscal health. Join a supportive team where your expertise in budgeting and reconciliation is not just valued, but essential to our collective success and future trajectory, making us the ideal environment for a dedicated finance professional.
Job Description
Hiring.zycto is seeking a meticulous and proactive Finance Officer with a specialised focus on Budgeting & Accounts Reconciliation to join our dynamic finance team in Selly Oak, Birmingham. This critical role is at the heart of our financial operations, ensuring the precision, integrity, and efficiency of our financial data and processes. You will play a pivotal part in maintaining our fiscal health, providing essential support for strategic decision-making and operational excellence.
In this role, you will take ownership of the full budgeting cycle, from collaborating with department heads to gather financial forecasts and assumptions, to developing comprehensive annual budgets that align with our strategic objectives. Your responsibilities will extend to monitoring budget performance diligently, analysing variances, and preparing detailed reports that highlight areas of success and opportunities for improvement. The ability to interpret complex financial data and translate it into clear, actionable insights for both finance and non-finance stakeholders is crucial.
Furthermore, a significant component of your work will involve robust accounts reconciliation. You will systematically review, investigate, and reconcile various general ledger accounts, bank statements, and intercompany transactions to ensure accuracy and resolve discrepancies promptly. This includes preparing detailed reconciliation statements, maintaining supporting documentation, and collaborating with internal teams to implement corrective actions. Your dedication to detail will safeguard our financial records against errors and uphold the highest standards of financial transparency and compliance with relevant accounting principles and regulations.
This position offers an exciting opportunity for a finance professional who thrives in a fast-paced environment and is passionate about contributing to a company’s growth through diligent financial management. You will be empowered to streamline processes, introduce efficiencies, and become a trusted advisor within the organisation. If you are an analytical thinker with proven experience in budget management and meticulous reconciliation, ready to make a tangible impact within a forward-thinking and growing company, we encourage you to apply and help us achieve our financial objectives.
Key Responsibilities
- Lead the preparation, consolidation, and monitoring of annual operating budgets and financial forecasts across various departments.
- Conduct thorough variance analysis between actual and budgeted figures, providing insightful explanations and actionable recommendations to management.
- Perform comprehensive, timely reconciliations of general ledger accounts, bank statements, accounts payable, accounts receivable, and intercompany balances.
- Investigate and resolve discrepancies in financial records promptly and accurately, implementing corrective journal entries as needed.
- Prepare and present detailed financial reports on budget performance, actual vs. budget analysis, and reconciliation status to senior management.
- Assist in the preparation of monthly, quarterly, and annual financial statements, ensuring accuracy and compliance.
- Ensure strict compliance with internal controls, company financial policies, and external accounting standards (e.g., IFRS/GAAP).
- Collaborate effectively with various departments to gather financial data, understand their budgeting needs, and provide financial guidance.
- Maintain accurate, organised, and comprehensive financial documentation and records, supporting audit requirements.
- Identify opportunities for process improvements and automation within budgeting and accounts reconciliation activities to enhance efficiency and accuracy.
Required Skills
- Proven experience (minimum 3 years) as a Finance Officer, Budget Analyst, or similar role with a strong focus on budgeting and reconciliation.
- Strong proficiency in budgeting, financial forecasting, and in-depth variance analysis.
- Expertise in accounts reconciliation across a variety of general ledger accounts and financial instruments.
- Advanced Microsoft Excel skills (including pivot tables, VLOOKUPs, SUMIFS, and financial modeling capabilities).
- Solid understanding of accounting principles (e.g., IFRS/GAAP) and relevant financial regulations.
- Excellent analytical, problem-solving, and critical thinking abilities.
- High level of accuracy, meticulous attention to detail, and commitment to data integrity.
- Strong written and verbal communication skills, with the ability to explain complex financial information clearly to non-financial stakeholders.
- Ability to work independently, manage multiple priorities, and collaborate effectively within a team environment.
- Proficiency with accounting software or ERP systems (e.g., SAP, Oracle, Xero, QuickBooks).
Preferred Qualifications
- CIMA, ACCA, ACA, or an equivalent professional accounting qualification (part-qualified or fully qualified preferred).
- Bachelor's degree in Finance, Accounting, Economics, or a closely related field.
- Experience with financial reporting tools and business intelligence platforms.
- Demonstrable experience in process improvement or automation projects within a finance department.
- Knowledge of specific industry financial regulations relevant to our sectors.
Perks & Benefits
- Competitive salary package commensurate with experience.
- Generous annual leave allowance.
- Comprehensive health and wellness programs.
- Opportunities for professional development, training, and continuous learning.
- Company pension scheme with employer contributions.
- Employee assistance program offering confidential support.
- Modern, collaborative, and supportive work environment.
- Regular social events and team-building activities.
- Complimentary on-site parking (where available).
How to Apply
Interested candidates are invited to submit their detailed CV and a compelling cover letter outlining their suitability for this role and highlighting their specific experience in budgeting and accounts reconciliation. Please click on the application link below to proceed with your application.