Edwards Ltd Hiring for R&D Analyst (Finance) Job at Burgess Hill, England Full Time

R&D Senior Finance Analyst

Due to increased investment in our Research & Development function and rapid industry growth within the Semiconductor market, we are recruiting for this key Finance role. The Vacuum Technique Semiconductor Business is the leading supplier of vacuum and abatement capital equipment.

This role will report into the Edwards Ltd Controller, and will work with the Global Semiconductor Business Controller, and the Finance Shared Services Centre in Brno – Czech Republic.

If you are keen to join a dynamic and growing, multinational organisation, and would like to be involved in a range of activities within R&D, this is a great opportunity to join the Atlas Copco team. Based at the Vacuum Technique Global Head Office in Burgess Hill, West Sussex, this provides an opportunity to work alongside senior leaders and see at first hand a number of projects which will shape the future of our Vacuum business.

Our Global Head Office is the main innovation centre for the development of Vacuum Technology, and is where the Technology IP, Global Finance, and Senior Management teams are based. If you are part way through studies, we will also offer study support to complete or gain a credible accounting qualification.

The Mission

To provide financial analytical support to the Vacuum technique technology group (VTTG) in reportingimg and analysis. Providing support for R&D leaders on costs and providing general insight and reporting on the R&D costs.

Preparation of financial data for the UK IP tax schemes, to include R&D tax credit and the Patent Box. These are important sources of funding for future IP development.

The role will be responsible for partnering with VTTG group to give analysis and insight and ensure correct reporting of financial data. It will also be responsible for ensuring there is a robust methodology for extracting and identifying eligible R&D expenditure. They will work with the R&D managers to validate and summarize project eligibility against the current legislation. They will ensure there is a robust audit trail to support all expenditure included in the claim and will provide information as required to external auditors and HMRC. There will also be a need for process creation and continual process improvements within the R&D function to ensure efficiencies are gained and maintained.

The role will also be responsible for preparing the R&D data for the purposes of the calculating the Patent Box R&D Nexus. For this the eligible R&D costs will need to be tracked on a project basis and then linked to any future patent registrations made by the IP team.

Main Responsibilities

• Business partner with the Vacuum technique technology group (VTTG) in reporting and analysis of related spend.
• Ownership of relevant R&D cost centres to ensure reporting is correct.
• Provide a monthly report of the VTTG spend, delivering insight and trend analysis.
• Responsibility for creation and maintenance of forecasts of the VTTG spend as part of the 3 year planning process.
• Review and approved POs relating to R&D spend.
• Maintain project documentation to support R&D tax credit claims.
• Responsibility to identify eligible R&D costs by Internal Order with sufficient detail to support R&D tax claim.
• Extract R&D costs with no Internal Orders or specific GL code that may qualify to be added to the Tax credit claims
• Assess non R&D costs in particular costs for IT, Service and Manufacturing that may be added to the R&D tax claim.
• Detailed review of all R&D sub contracted costs both with and without Internal Orders to ensure we exclude non eligible costs.
• Project Validation – work with current Internal Order list and link to eligible projects
• Report on R&D Capitalised Work In Progress to track total R&D CWIP vs Eligible R&D CWIP
• Report on R&D activated (currently being amortised) Assets vs Eligible R&D Activated Assets
• Reporting on various metrics such as total R&D costs vs eligible costs, and R&D salaries.
• Ownership of Balance sheet reconciliation on tax credit balances
• Presentation on costs claimed, capitalised and amortised for current year to issue to Vacuum Technique Divisions
• Maintain and update Patent Box R&D Nexus expenditure report – add quarterly eligible R&D costs and any new patent registrations
• Ownership of annual (Jan-Dec) report of eligible costs and claimed costs for group tax manager.
• Supporting internal / external audit in relation to R&D / R&D tax credit related queries.

Education and experience

• Qualified accountant (ACA, ACCA, CIMA etc) / Qualified by experience with at least 3 years experience within a manufacturing environment. Part Qualified will also be considered with the right attitude and fit (support provided to complete qualification)
• Experience of HMRC R&D tax credit process preferable.
• Strong knowledge of Microsoft Office, advanced excel skills, experience in using SAP, ideally Power BI.
• Effective verbal and written communication skills, influencing at a senior level
• Pro-active approach and ability to recognise and drive changes and improvements
• Fluent English

Why Atlas Copco is a great place to work

We want to be a workplace for everyone. At Atlas Copco, we know that diversity and inclusion are critical to our long-term success. We know that diversity and inclusion help us to understand our customers’ needs and strengthen employee motivation, productivity, innovation, and results. We will continue to invest in our people, celebrating diversity, encouraging individual growth, and making sure Atlas Copco is a place where everybody is proud to work.

Passionate people create exceptional things

Did you know that the solutions we develop are a key part of most industries? Electronics, medical research, renewable energy, food production, infrastructure and many more. We´re everywhere!
Working with us means working with the latest technologies and groundbreaking, sustainable innovations. With our inclusive and caring environment, you get the support and inspiration you need to grow. Here, your ideas are embraced, and you never stop learning.

Interested in being part of our team? Join us on our journey for a better tomorrow.