Reporting to: Group Financial Controller
Xtrac is the world’s leading designer and manufacturer of specialist transmissions. Our customers include the top motorsports racing series including Formula One, Le Mans, IndyCar and NASCAR and we also supply transmissions for the most exclusive high-performance cars in the world. We are at the forefront of a once-in-a-generation opportunity as the automotive industry transitions from internal combustion to electric and hybrid and our experienced and dedicated teams are using the latest cutting-edge technology to achieve this transition.
Xtrac also has a new partnership with Zoerkler, a specialist in gear manufacture and precision engineering. This strategic venture marks a significant step forward in our ambitious growth plans and reinforces our commitment to delivering world-class transmission components and systems to our customers.
Key Responsibilities
Management Accounts & Internal Reporting
Prepare key monthly journals including prepayments, accruals, and WIP classification.
Produce monthly management accounts and assisting with consolidation.
Maintain and update the Epicor ERP system (GL codes, departments, cost centres, etc.).
Review credit card and cashbook transactions.
Administer the electric vehicle salary sacrifice scheme transactions.
Prepare and review balance sheet reconciliations.
Support ad hoc financial analysis.
Group Reporting
Compile the weekly 13-week cash flow forecast.
Review and distribute the daily liquidity report.
Support information request from investors.
Credit Control & Accounts Receivable
Collaborate with the commercial team to ensure prompt customer payments.
Highlight overdue debts and risks to relevant stakeholders.
Produce weekly forecasts of expected cash receipts.
Manage customer deposit profiles and support customs paperwork with logistics.
Statutory & Compliance
Prepare and submit quarterly VAT returns.
Coordinate with external accountants for annual statutory accounts across group entities.
Lead statutory audits with external auditors, ensuring timely provision of audit evidence.
Submit Gender Pay Gap reports and other national statistics as required.
Submit ONS surveys on various business operations.
Line management
Management and mentoring of part qualified accounts assistant.
What You’ll Bring
Essential
Qualified Chartered Accountant (ACA, ACCA, or equivalent).
Excellent organisational and time management skills.
Strong attention to detail with a proactive, problem-solving mindset.
Proven ability to work autonomously under pressure to meet deadlines.
High level of confidentiality and professional integrity.
Strong interpersonal and communication skills.
Proficient in Microsoft Office (especially Excel).
Flexible and adaptable team player.
Desirable
Experience from a top-tier accountancy firm.
Prior exposure to ERP systems (e.g. Epicor).
Knowledge of internal and external stakeholder management.
About Xtrac
Here at Xtrac, we are one of the world’s leading manufacturers of Motorsport and High-Performance Automotive Transmission Solutions. Our products are used internationally across the most prestigious motorsport events so naturally we have a passion for winning and continuously improving, whether that be our products, our people, or our business. Our vision is to transform into a world class high performance automotive supplier whilst retaining our position as a world leader in motorsport, so now is the time to join our journey, make an impact and contribute to the success of our future. What makes us who we are is our people. We share behaviours and values to ensure Xtrac remain world class and have a culture that delivers!
We are…
Passionate
Accountable
Collaborative
Externally Focused
Yearn to Learn
If you’re looking for an exciting new opportunity, you could be just what Xtrac are looking for.
DEI Statement
Xtrac believe that diversity is not only a fundamental value but also a key driver of innovation, growth and success. We are committed to fostering an inclusive workplace where all employees feel valued, respected and empowered to contribute their unique perspectives and talents.
We celebrate diversity in all its forms, including to but not limited to race, gender, sexual orientation, age, religion disability and veteran status. We recognise that diverse teams are more creative, collaborative and effective in solving complex problems and driving positive change.
Xtrac are dedicated to creating a culture of belonging where everyone can thrive and reach their full potential. We actively promote diversity and inclusion through recruitment, training and development, and advancement opportunities for all employees. By embracing diversity and fostering inclusivity, we not only strengthen our organisation but also enrich the experience of our employees and the communities we serve.
Join us at Xtrac and be part of a diverse and inclusive team that values and celebrates the unique contributions of every individual. Together we will drive innovation, excellence and success.
For more detail, salary and company information, use the apply link
