Our client is a well established yet still rapidly expanding business operating within the Manufacturing / Import / Distribution industry naming many house hold retail names such as Tesco, Asda and Primark as customers.

As a result of the above, FRS have been engaged to assist with the recruitment of a Finance Systems Accountant (D365) to join the business ideally situated in Leicestershire

Reporting into the Finance Director, you will form part of a finance team of around 10-15 staff with a focus on the improvement and utilisation of D365 Business Central Systems

Overview


Develop, monitor, and manage Business Central financial processes. Support with management accounting and work closely with the Management Accountants’ to support and guide user learning and meet business requirements. Streamline financial processes to ensure efficient system utilisation.

KEY RESPONSIBILITIES:

General
• Design, analyse and review financial systems, practices, and policies to ensure these are efficient and effective within our D365 system (journals (reversing, recurring), currency revaluations, bank postings and reconciliations).
• Support the Financial Controller in ensuring that internal financial controls are fit for purpose and are enforced, measured, and monitored, and improved where necessary.
• Analyse financial documents and related GL postings to ensure confidence in the financial processing of our Business Central system.
• Administer, manage, maintain, and update system configuration and administrative settings across BC entities and work with the Systems team/ external consultants as needed to ensure system integrity.
• Review and enforce governance and controls across finance systems and process.
• Posting manual journals – review the impact on reporting and work with the Systems team to ensure this is automated as much as possible to avoid inconsistencies in the system.
• Corrective / cancelling invoices, review the process to follow and treatment of entries surrounding these, monitor and manage within the system.
• Document comprehensive process notes

Daily
• Review Gross Margin and Actuals reports and ensure the numbers make sense and are explainable. Investigate any errors/ issues. Educate the team and drive correct postings/ processes. Understand and provide commentary at Gross Margin level for monthly management accounts.
• Monitor daily adjust cost and other routines to ensure system alignment.
• Support finance team with any issues / escalations or corrections required.

Weekly
• Take the lead on onboarding entities on BC as needed (examples: Spain, Italy).
• Inventory valuation and treatment, journal entries reconciliation, monitor and manage.
Creating sufficient reporting/ visibility and controls to identify user error in sales and purchase credits to include the usage of correct dimensions. Monitor and manage these controls and recommend improvements as needed.
• Credit memos – consider use and treatment within the system. Understanding the posting protocol and effect of all credit and debits, monitoring and managing via team.
• Manage all GL creation across entities via synchronisation, regularly review for errors and resolution with third party support or independently as much as possible to ensure a seamless entity COA is maintained, minimising typo or inconsistencies in dimensional reporting.
• Oversee and set all BC testing and UAT for change requests or upgrades as needed.
• Monitor and manage posting groups to streamline default accounts.
• Monitor and manage dimensions including ensuring consistency
• Monitor and manage dimension reporting – to highlight data issues.
• Update all posting groups, check and review these as needed for new customers / vendors and ways of working.
• Review all cost factors and related nominal setup and ensure this is maintained and managed moving forward.
• Manage Purchase ledger nominal allocation with BC for all work order related invoices.

Monthly
• Lead on managing the accruals process for certain Gross Margin costs to include freight.
• For management reporting inconsistencies, interrogate all financial documents/ transactions, review effects on posting entries and highlight issues and identify where process review or system updates is required, escalate to wider team for user training and action manual updates as needed.
• Own the reconciliation of certain balance sheet accounts
• Effective communication across cross-functional teams and diverse clients/stakeholders
• Dimensional reporting – progress against planned improvement
• Master data set review – ensure updated and correct.
• Contribute to month end, on any system queries as needed to support management accountants.
Yearly
• Support the annual external statutory financial statements audit – providing evidence and explanations as required

The ideal candidate be experience Finance Systems Professional ideally with the benefit of D365 Business Central / Dynamics Nav / Great Plains experience.
Preferably to include migration & implementation experience however those with end user experience but transferable experience within other Finance Systems Migrations will be considered.

Additional Info

• Must be a self-starter, proactive.
• Must have a high level of integrity as dealing with the most sensitive data
• Must be able to use own initiative and suggest efficient ways to improve process
• ESSENTIAL: Excellent data interrogation skills, advanced excel
• Desirable: Power Bi advantageous in this position.
• ESSENTIAL: User of BC who can interrogate data sets
• ESSENTIAL: Ability to action Business Central financial administration/ system configuration changes

This position can offer a immediate start either on a Permanent of FTC / Temporary basis as a long term project.

A competitive basic salary / day rate coupled with excellent benefits and hybrid working can be offered.