At a Glance
- Tasks: Join us as a Group Reporting Accountant and manage financial records for Allwyn Entertainment.
- Company: Allwyn UK is a leading multi-national lottery operator transforming the National Lottery experience.
- Benefits: Enjoy 26 days paid leave, annual bonuses, private health cover, and wellness allowances.
- Why this job: Be part of a transformative journey that impacts good causes while working in an inclusive environment.
- Qualifications: Must be ACA or ACCA qualified with experience in statutory reporting and financial analysis.
- Other info: We value diversity and encourage applications from all backgrounds.
The predicted salary is between 36000 - 60000 £ per year.
Join our journey to create a new experience for the National Lottery and help us to power change for the greater good.
About us:
Allwyn UK is part of Allwyn Entertainment Group – a multi-national lottery operator with a market-leading presence in Austria, the Czech Republic, Greece, Cyprus, and Italy. From February 2024, Allwyn commenced its new role as operator of the UK’s National Lottery.
Over the next two years we are embarking on a largescale transformation journey to build a bigger, better and safer National Lottery that delivers more money to Good Causes. Once-in-a-lifetime opportunities exist for people from within and outside the betting and gaming industry to join us play a part in giving the National Lottery a fresh start.
Role Purpose:
An exciting opportunity in a key and broad financial role within an innovative multibillion pound business. The incumbent will be a key member of the team delivering the financial records of Allwyn Entertainment Lotteries and its fellow group companies, to include the statutory reporting process, monthly management reporting, and reporting to the ultimate shareholder, Allwyn Group. This role will report to the Group Reporting Manager.
Team/Department Description:
- The Finance department ensures the business is financially sound, has robust accounting and reporting processes, and delivers financial targets including profitability and returns to Good Causes.
- The Financial Accounting department ensures the business is financially sound, has robust accounting and reporting processes, and delivers financial targets including profitability and returns to Good Causes.
- Key responsibilities of the Financial Accounting team are:
- Financial Reporting
- Quarterly reporting to Group for consolidation
- Statutory Reporting
- Covenant Reporting
- Custodians of the balance sheet accounts
- Support with budgeting and forecasting
- Delivering value and insight
Role Responsibilities:
- Support the Group Reporting Manager with delivery of the Group results for AEL.
- Support the Group Reporting Manager by owning the delivery of Intercompany including developing a fit for purpose streamlined approach to report intercompany for AEL, the Gambling Commission and Group.
- Support the statutory, monthly and quarterly financial reporting processes alongside being involved in the overall period end process for Holding and Financing Companies. Overall responsibility for ensuring that financial results are accurately reported on a timely basis in accordance with IFRS.
- Involved in and assisting with queries raised by Allwyn Group consolidation function as part of the quarterly submission process – managing timely responses and ensuring all queries are managed and escalated as necessary.
- Liaise with other departments as appropriate to ensure that all relevant considerations (legal, corporation tax, VAT, lottery duty etc) have been taken into account in the financial reporting process.
- Key responsibilities in the quarterly and annual audit cycles in terms of key reporting deliverables to the external auditors and working as the liaison between wider finance and the audit team.
- Assist in preparation of the Financial Statements under IFRS for Allwyn Holding and Financing Companies.
- Support the review of accounting policies to ensure adherence to all relevant accounting standards and reporting requirements.
- Working with other Allwyn Group entities to ensure that intercompany processes are robust and all amounts agreed and reconciled.
- Coaching of more junior FA team members as required.
Key Skills & Experience:
- ACA or ACCA or similarly qualified accountant with statutory reporting and control-based experience.
- Experience of operating in a month/period end cycle – working to tight deadlines and delivery of a successful month end.
- Experience of interpreting and applying new accounting standards.
- Experience of delivering process improvement, including driving efficiencies.
- Experience of coaching junior team members to impart knowledge.
- Proven aptitude using accounting systems, ideally SAP, and an ability to understand and adapt to different systems and ways of working.
- Proven experience of analysing and interpreting financial data.
- Demonstrable ability to articulate and present using effective written and verbal communication skills, including report writing.
- Ability to use the Microsoft Office suite, with advanced knowledge of Excel.
Our goal is to create one of the UK’s most inclusive organisations – where people can bring the best of themselves, to do their best work, every day, for the benefit of good causes.
Allwyn is an Equal Opportunity Employer which prides itself in being diverse and inclusive. We do not tolerate discrimination, harassment, or victimisation in the workplace. All employment decisions at Allwyn are based on the business needs, the job requirements, and the individual qualifications. Allwyn encourages applications from individuals regardless of age, disability (visible or hidden), sex, gender reassignment, sexual orientation, pregnancy and maternity, race, religion or belief and marriage and civil partnerships.
Benefits:
- 26 days paid leave (plus bank holidays)
- Annual bonus scheme
- 2 x Life Days
- 4 x Salary of Life Insurance
- Pension: we’ll match your contribution up to 8.5%
- Single Private Health Cover
- £500 Wellness Allowance
- Income Protection
- Enhanced parental leave (maternity and paternity)
- Eye Care, Dental and Cycle To Work schemes
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Group Reporting Accountant employer: Griffin Fire
Contact Detail:
Griffin Fire Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Group Reporting Accountant
✨Tip Number 1
Familiarize yourself with IFRS standards, as this role requires a strong understanding of financial reporting under these guidelines. Consider taking a short course or reviewing relevant materials to brush up on your knowledge.
✨Tip Number 2
Highlight any experience you have with SAP or similar accounting systems. If you haven't worked with these systems before, try to get some hands-on experience or tutorials to demonstrate your adaptability.
✨Tip Number 3
Showcase your ability to work under tight deadlines by preparing examples from your previous roles where you successfully managed month-end processes. This will illustrate your capability to thrive in a fast-paced environment.
✨Tip Number 4
Emphasize your coaching experience with junior team members. This is a key aspect of the role, so be ready to discuss how you've mentored others and contributed to their professional development.
We think you need these skills to ace Group Reporting Accountant
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Group Reporting Accountant position. Make sure you understand the key responsibilities and required skills, as this will help you tailor your application effectively.
Highlight Relevant Experience: In your CV and cover letter, emphasize your ACA or ACCA qualifications and any relevant experience in statutory reporting and financial accounting. Be specific about your achievements and how they relate to the responsibilities outlined in the job description.
Showcase Your Skills: Demonstrate your proficiency with accounting systems, particularly SAP, and your advanced Excel skills. Provide examples of how you've used these tools to improve processes or deliver results in previous roles.
Craft a Compelling Cover Letter: Write a personalized cover letter that reflects your enthusiasm for the role and the company. Mention your commitment to inclusivity and how your values align with Allwyn's mission to support good causes.
How to prepare for a job interview at Griffin Fire
✨Understand the Financial Reporting Landscape
Make sure you have a solid grasp of financial reporting processes, especially in relation to IFRS. Be prepared to discuss your experience with statutory and management reporting, as well as how you've handled tight deadlines in previous roles.
✨Showcase Your Technical Skills
Highlight your proficiency with accounting systems, particularly SAP, and your advanced Excel skills. Be ready to provide examples of how you've used these tools to analyze financial data and drive process improvements.
✨Demonstrate Leadership and Coaching Experience
Since the role involves coaching junior team members, share specific instances where you've mentored others or led a team. This will show your ability to foster a collaborative environment and support the growth of your colleagues.
✨Communicate Effectively
Prepare to articulate your thoughts clearly, both in writing and verbally. Practice summarizing complex financial concepts in simple terms, as this will be crucial when liaising with other departments and presenting reports.