Financial Accountant

at  Rapid Electronics

GENERAL

• Ensures clear and effective communication with senior management, stakeholders, and other departments regarding financial matters.
• Responsible for their own performance, and to support their team in, achieving all targets and job standards set out by the Finance Director.
• Adaptable and flexible in their approach to work.
• Attend regular meetings at Rapid’s head office and weekly/monthly communications sessions.
• Work efficiently and effectively as part of a team.
• To be curious and always looking for a better way to perform a task, in order to improve efficiency.
• Communicative and respectful of all workers within Rapid and their working environment.
• Understand how each task within the team impacts on the overall Client / Customer Experience of Rapid and ensure that they are striving to make this the best possible experience for all concerned.
• Actively participate in internal / external training linked to professional and personal development opportunities.
• Perform any reasonable task that is required of them by their Manager.
• Promote and display Rapid core values to all stakeholders

Role Specific Attributes

• Several years of experience in finance accounting, or related roles, demonstrating a deep understanding of financial principles and practices.
• Knowledge of financial laws and regulations and experience in ensuring compliance with them.
• The ability to act as a strong Team leader and oversee a team effectively and provide guidance to team members
• Being able to identify financial issues and develop creative solutions to address them.
• Able to analyse financial data, interpret trends, and make data-driven decisions.
• Effective communication skills, both written and verbal, to convey financial information clearly to various stakeholders.
• Accuracy
• Confident and proactive in learning and adapting to new operational systems.
• Strong verbal and numerical reasoning skills
• Ability to handle large volumes of transactions
• Ability to work under pressure, multi-tasks and prioritise tasks with strict deadlines
• Understand the needs of the business along with the flexibility to change according to requirements

PURPOSE OF THE ROLE

The Financial Accountant is responsible for maintaining the accuracy and integrity of the primary financial ledgers, including Accounts Payable (AP), Accounts Receivable (AR), and Cash Management. This role ensures the timely and accurate processing of financial transactions, effective cash flow management, and continuous improvement of financial policies and controls.
The Financial Accountant will support the Finance Director and work closely with the Management Accountant to oversee operational finance functions. Additionally, the role involves collaborating with both internal and external stakeholders to promote the company’s financial health and ensure the accuracy and governance of financial reporting.

KEY ACCOUNTABILITY

• Responsible for financial accounting and ensuring that financial operations run smoothly, efficiently, and ethically.
• Taking into account functional targets, financial parameters, quality standards and resource requirements, considering both the current and longer-term requirements of the business.
• Deliver against the Company Goals as framed by the Purpose, Vision and Values.
• Own relevant KPIs from the Partner Trust Index, Management Scorecard and elsewhere as agreed with the Finance Director.

RESPONSIBILITIES

Financial Accounts

• Be the first point of contact for all accounting tasks associated with company revenue and costs.
• Prepare and review financial reports related to AP, AR, and cash management, providing insights and recommendations to the FD.
• Oversee the accuracy of the General Ledger ensuring accuracy and quality of data is consistently maintained.
• Conduct regular analysis of working capital, cash flow, and other KPIs to support strategic decision-making.
• Work closely with the Management Accountant to implement robust financial processes.

Role Specific Attributes

• Several years of experience in finance accounting, or related roles, demonstrating a deep understanding of financial principles and practices.
• Knowledge of financial laws and regulations and experience in ensuring compliance with them.
• The ability to act as a strong Team leader and oversee a team effectively and provide guidance to team members
• Being able to identify financial issues and develop creative solutions to address them.
• Able to analyse financial data, interpret trends, and make data-driven decisions.
• Effective communication skills, both written and verbal, to convey financial information clearly to various stakeholders.
• Accuracy
• Confident and proactive in learning and adapting to new operational systems.
• Strong verbal and numerical reasoning skills
• Ability to handle large volumes of transactions
• Ability to work under pressure, multi-tasks and prioritise tasks with strict deadlines
• Understand the needs of the business along with the flexibility to change according to requirement