UK Finance Manager

Job Title

UK Finance Manager

Location(s)

Boldon - IDS

About Us

Revvity is a developer and provider of end-to-end solutions designed to help scientists, researchers, and clinicians solve the world’s greatest health challenges. We pair the enthusiasm of an industry disruptor with the experience of a longtime leader. Our team of 11,000+ colleagues from around the globe are vital to our success and the reason we’re able to push boundaries in pursuit of better human health.

Find your future at Revvity

Here at IDS (a Revvity company) we are currently seeking a Finance Manager to join us on a full-time, permanent basis. This is a hybrid role with 3 days in the office weekly and 2 working from home.

IDS are the leading in-vitro diagnostic solution provider to the clinical and research laboratory markets. With over 30 years of expertise, we develop (in-house), manufacture and market innovative and high-quality immunoassays and instruments.

Job Purpose

To lead the financial reporting and control activities of the UK business operations, ensuring accurate financial accounting and management, regulatory compliance, and support for commercial decision-making.

Principal Accountabilities

Month-end:

Produce month-end accounts for 2 entities (IDS Limited and IDS Holdings) within a 2-day reporting deadline

Calculate and post journals including fixed assets, royalties and VAT

Review journals such as accruals, prepayments, payroll, bad debt

Complete and/or review balance sheet reconciliations

Prepare and review management accounts

Manufacturing:

Execute standard cost updates for BOM, labour and overhead rates

Analyze manufacturing variances (PPV, scrap/waste, absorption)

Oversee UK stock - stock control and stock provisioning

VAT:

Manage UK group VAT registration (2 entities)

Manage German VAT registration (IDS Ltd)

Perform monthly VAT calculations, journals and reconciliations

Submit VAT returns

Tax:

Perform quarterly tax dashboards for the UK entities (Group reporting requirement)

Work closely with Deloitte on annual tax computations

Others:

Approve bank payments

Track capex spend

Manage the external audits (Azets)

Support FP&A with annual budget process

Understand royalty agreements and perform and/or review calculations

Offer Finance support to the UK site as required

Skills, Knowledge and Experience

Qualifications:

Qualified Accountant ACCA / CIMA or equivalent

Skills & Knowledge:

Understanding of stock/manufacturing costing methods

Logical analysis and good problem-solving skills

Good communication skills

Ability to work well in a team

Satisfactory Excel skills

Strong mathematical ability

Ability to maintain controls

Experience:

Strong manufacturing industry experience in production/stock accounting; ERP variance analysis experience advantageous.