Operations Accountant - Nestle Uk Ltd : Job Details

Company description:

Ever since Nespresso revolutionised coffee drinking three decades ago, innovation and a pioneering spirit have been at the heart of our brand. It’s in our DNA to push the boundaries of what a unique coffee experience can be.

Job description:

Position Snapshot

Business area: Nespresso UK Job Title: Accounting Operations Accountant

Location: Gatwick Office (Hybrid 2-3 times a week in the office)

Salary: From £40,000 (£40-£42K) depending on experience + potential bonus + generous pension scheme + Nespresso Coffee Machine + 12 flexible days on top of 25-day holiday entitlement + 2 paid volunteering days + other fantastic benefits!

Position Summary

Nespresso has a great opportunity for an Accounting Operations Accountant to join their Finance team. Reporting to the Accounting Manager you will be responsible for the timely completion of all AO activities under your scope as well as the accuracy of balance-sheet positions in relation to Fixed Assets, Stocks, Bank, Lease Liabilities.

A day in the life of an Accounting Operations Accountant…

As the Accounting Operations Accountant, you will deliver excellence through close cooperation with our shared service centre colleagues at Nestle Business Services (NBS) and:

• Ensure the integrity of Tangible Fixed Asset records by coordinating with custodians and stakeholders for accurate reporting and creation of Fixed Asset requests, including additions, disposals, and transfers.

• Monitor assets under construction for timely capitalization per Nestlé Accounting Standards (NAS) and review aging assets for timely disposals.

• Manage monthly depreciation, create CAPEX budgets & structures, and oversee Fixed Asset accrual accounts, ensuring year-end accruals are addressed.

• Perform Period End Close (PEC) tasks accurately and support monthly and quarterly Fixed Asset reconciliations, providing variance comments and resolving reporting errors.

• Maintain robust asset traceability through tagging and conduct physical counts to update the Fixed Asset register.

• Keep the local Fixed Asset policy current and prepare Fixed Asset information for annual Corporation Tax and statutory accounts.

• Oversee Right-of-Use Assets related to Boutique leases under IFRS16, managing lease creations, modifications, and disposals while ensuring timely lease documentation, accurate monthly depreciation & ensuring reporting schedules are prepared on time and accurately every month.

• Review and approve Boutique Credit Card reconciliations and payment discrepancies, supporting the NBS AO team with timely resolutions.

• Verify that stock values match physical stock by reviewing monthly positions, validating revaluations, and addressing discrepancies.

• Ensure accurate VAT, Intrastat, and tax reporting by reviewing and approving relevant reports and returns and preparing annual tax submissions.

• Coordinate quarterly and annual Office of National Statistics (ONS) surveys and serve as the key contact for internal and external audits for topics under scope.

• Maintain the integrity of balance sheet positions for Fixed Assets, Stock, Bank, and Leases, implementing actions for anomalies and leading continuous improvement projects to enhance accuracy and efficiency.

What will make you successful?

Ideally you will be a newly qualified accountant (CIMA or ACCA) with previous experience in financial accounts, or a someone who is part qualified and currently studying towards their final qualification. Communication skills are crucial to this role particularly with the stakeholder management aspect of the role. You will also have:

• Knowledge of IFRS and UK GAAP with ideally a solid knowledge and experience of IFRS16 application

• Fixed Asset management experience

• Good analytical and mathematic skills using the relevant systems and applications

• Advanced Excel skills

• Strong attention to detail

• Leadership skills

• Ability to build and manage relationships with business partners cross-functionally

• Hands-on approach

• Ability to work under pressure sometimes to tight deadlines

• Capacity to identify and implement new processes and process improvements

• Good organizational and planning skills - able to work independently and prioritise workload

The successful candidate must have the right to work in the UK.