Revvity
UK Finance Manager
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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.
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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
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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.
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