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- Tasks: Take charge of financial reporting and manage the Finance team’s processes.
- Company: Join a thriving family business with a £75m turnover operating nationally in the UK.
- Benefits: Enjoy a supportive work environment with opportunities for growth and development.
- Why this job: Be part of a strategic growth journey and make a real impact on financial operations.
- Qualifications: Experience in accounting and financial reporting is essential; GAAP knowledge preferred.
- Other info: This role offers a chance to lead audits and implement strong financial controls.
The predicted salary is between 36000 - 60000 £ per year.
We are recruiting a Financial Accountant to join a family business who are located in Kingswinford. We have a 75m turnover and we operate nationally within the UK. This is an outstanding opportunity for someone to establish themselves in. Due to our strategic growth and service diversification, the company is now looking to hire a Financial Controller to take ownership of the Finance team’s weekly/monthly reporting requirements and, in preparing the annual accounts for audit. The main duties will be to: Ownership of general ledgers and monthly close processes, including monthly, quarterly, and year-end close procedures. Prepare accurate and timely monthly financial statements (GAAP). Approve daily accounting entries across sales ledger/purchase ledger and cash transactions, and complete month end process preparing/reviewing journal entries and general ledger reconciliations. Oversee & review all financial schedules, ledgers and balance sheet reconciliations in compliance with company policies and procedures. Oversee & own the preparation of monthly management reporting packages for submission to Managing Director. Management of cashflow requirements, preparation of high-level forecasts and FX currency sales. Review of aged debtors/creditors reports and monthly update presenting to Finance Director. Assist with year-end group audit, and lead on local UK statutory audits Implement and maintain strong & effective financial controls and esca…
Financial Accountant employer: Meriden Media
Contact Detail:
Meriden Media Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Accountant
✨Tip Number 1
Familiarize yourself with UK GAAP and the specific financial reporting requirements for family businesses. This knowledge will help you demonstrate your understanding of the role during the interview.
✨Tip Number 2
Highlight any experience you have with cash flow management and forecasting, as these are crucial aspects of the Financial Accountant role. Be ready to discuss specific examples from your past work.
✨Tip Number 3
Prepare to showcase your skills in managing general ledgers and month-end processes. Consider discussing any software or tools you’ve used that can streamline these tasks.
✨Tip Number 4
Research the company’s recent growth and service diversification. Being knowledgeable about their business strategy will show your genuine interest and help you connect your skills to their needs.
We think you need these skills to ace Financial Accountant
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Financial Accountant position. Understand the key responsibilities and required skills, such as ownership of general ledgers and preparation of financial statements.
Tailor Your CV: Customize your CV to highlight relevant experience in financial accounting, particularly in areas like monthly close processes, GAAP compliance, and management reporting. Use specific examples that demonstrate your expertise.
Craft a Compelling Cover Letter: Write a cover letter that reflects your passion for the role and the company. Mention how your background aligns with their needs, especially your experience with cashflow management and audit processes.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or inconsistencies. A polished application shows attention to detail, which is crucial for a Financial Accountant.
How to prepare for a job interview at Meriden Media
✨Understand the Company’s Financial Landscape
Before your interview, take some time to research the company’s financial performance and its position in the market. Familiarize yourself with their turnover, growth strategies, and any recent news that may impact their financial operations.
✨Be Prepared to Discuss GAAP
Since the role involves preparing financial statements in accordance with GAAP, be ready to discuss your understanding of these principles. Prepare examples from your past experience where you successfully applied GAAP in your work.
✨Showcase Your Experience with Financial Reporting
Highlight your experience in managing general ledgers and monthly close processes. Be prepared to discuss specific instances where you oversaw financial schedules, reconciliations, or management reporting packages.
✨Demonstrate Strong Analytical Skills
The role requires oversight of cash flow management and financial forecasting. Be ready to share examples of how you've analyzed financial data to make informed decisions or improve processes in previous roles.
