At a Glance
- Tasks: Prepare financial statements and support consolidated reporting for multiple subsidiaries.
- Company: Join a progressive business in Norwich focused on growth and strong values.
- Benefits: Enjoy opportunities for internal promotion and a competitive salary of £45,000-£50,000.
- Why this job: Be part of a high-performing team that values continuous improvement and quality data.
- Qualifications: Ideal candidates are recently qualified accountants (ACA/ACCA) with strong communication skills.
- Other info: Great chance to transition from practice to industry with potential for career advancement.
The predicted salary is between 39000 - 52000 £ per year.
NXTGEN have a fantastic opportunity for a Financial Accountant to join a forward thinking and progressive business, built on great principles and values, at their offices in Norwich. The organisation continues to experience organic and sustained growth and the successful candidate will have the opportunity to support the business in achieving its future goals and objectives.
As Financial Accountant, you will join a high performing technical reporting team, taking responsibility for the preparation of financial statements across a number of subsidiary businesses. You will also have the opportunity to support the Finance Manager with consolidated reporting, ensuring the board have reporting packs within demanding deadlines. This Financial Accountant role will also allow the successful candidate to support with VAT returns and tax computations, in partnership with the wider finance team.
As you will be part of a business that champions continuous improvement and quality financial data, you will also have the opportunity to identify process efficiencies, working with colleagues across the Finance team as required, giving you plenty of opportunities to add value.
Key responsibilities within the role will include:
- Preparation of monthly financial statements for a number of UK based business subsidiaries
- Support with the production of consolidated group reports when required
- Review cash flow forecasts and support with cash management activities for the business
- Preparation of VAT submissions and review tax calculations
- Liaise with colleagues across the wider finance team to understand subsidiary financial performance and any reporting anomalies
- Support the wider group team with systems and process improvements
The successful candidate will ideally be a recently qualified accountant (ACA/ACCA or equivalent). Prior experience gained within an Accountancy firm is highly desirable and this role is ideally suited to those that are looking to make their first move from practice to industry. You will be able to demonstrate excellent communication skills given the need to work with a range of stakeholders, combined with an ability to influence decisions. A good working knowledge of UK GAAP is desirable with any Tax or VAT experience significantly advantageous but not essential. The successful candidate will be joining an organisation with a history of promoting internally so fantastic progression opportunities are available.
Salary DOE: £45,000-£50,000
Financial Accountant employer: Nxtgen Recruitment
Contact Detail:
Nxtgen Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Accountant
✨Tip Number 1
Familiarise yourself with UK GAAP and any recent changes in financial regulations. This knowledge will not only help you during the interview but also demonstrate your commitment to staying updated in the field.
✨Tip Number 2
Network with professionals in the finance industry, especially those who have made the transition from practice to industry. They can provide valuable insights and may even refer you to opportunities within their organisations.
✨Tip Number 3
Prepare to discuss specific examples of how you've identified process efficiencies in previous roles or during your studies. This will showcase your proactive approach and ability to add value to the team.
✨Tip Number 4
Research the company’s values and principles thoroughly. Be ready to articulate how your personal values align with theirs, as cultural fit is often just as important as technical skills in the hiring process.
We think you need these skills to ace Financial Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Financial Accountant role. Emphasise your qualifications, such as ACA/ACCA, and any previous work in accountancy firms.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the position and the company. Mention specific responsibilities from the job description, like preparing financial statements and supporting VAT returns, to demonstrate your understanding of the role.
Highlight Communication Skills: Since the role requires excellent communication skills, provide examples in your application of how you've effectively communicated with stakeholders or influenced decisions in previous roles.
Showcase Continuous Improvement Mindset: Mention any experiences where you identified process efficiencies or contributed to system improvements. This aligns with the company's values and shows your proactive approach to enhancing financial data quality.
How to prepare for a job interview at Nxtgen Recruitment
✨Know Your Numbers
As a Financial Accountant, you'll need to demonstrate your understanding of financial statements and reporting. Brush up on key financial concepts, UK GAAP, and be prepared to discuss how you've applied these in previous roles.
✨Showcase Your Communication Skills
Since the role involves liaising with various stakeholders, it's crucial to highlight your communication abilities. Prepare examples of how you've effectively communicated complex financial information to non-financial colleagues.
✨Demonstrate Problem-Solving Skills
The company values continuous improvement, so be ready to discuss instances where you've identified process efficiencies or resolved reporting anomalies. This will show your proactive approach and ability to add value.
✨Prepare for Technical Questions
Expect questions related to VAT returns, tax computations, and cash flow management. Familiarise yourself with common scenarios and be ready to explain your thought process in tackling these tasks.