At a Glance
- Tasks: Manage group financial accounts and lead the implementation of a new ERP system.
- Company: Join a leading company in their sector, known for innovation and excellence.
- Benefits: Enjoy a competitive salary and a fantastic benefits package.
- Why this job: Be part of a dynamic team that values performance and fosters a supportive culture.
- Qualifications: Must be ACA, CIMA, or ACCA qualified with experience in group consolidated accounts.
- Other info: This is a 12-month fixed-term contract with opportunities for professional growth.
The predicted salary is between 56000 - 84000 £ per year.
12 Month Fixed Term Contract £70,000 - £80,000 + Great benefits package
Our client, a leading force within their chosen sector, has a key opening within their group finance team for a technically strong finance professional with a strong consolidation skillset. The principal purpose of the role is to ensure timely production of high-quality group consolidated monthly financial and management accounts, which are regularly reviewed by the senior executive team. In addition, the successful candidate will champion the soon to be implemented new ERP system.
Key responsibilities will include:
- Run the main group close process and produce the monthly group consolidated management accounts, including reviewing, and analysing intercompany reports, preparing balance sheet reconciliations, and reviewing Group cashflows.
- Prepare statutory accounts for legacy group entities, including audited consolidated accounts, ensuring all statutory filing deadlines are met.
- Simplify and eliminate elements of the previous holding structure, including offsetting intercompany loan balances and instruments.
- Work closely with the Group Tax Manager to assess the tax implications of structural changes and maximise tax efficiencies.
- Produce quarterly forecast group consolidated management accounts, annual budget and various strategic forecasts.
- Review monthly financial submissions from operating businesses, liaising with colleagues to ensure compliance of reported results with Group policy.
- Review the monthly management report to Senior executives.
- Prepare monthly reporting financial packs for the Head Office.
- Work with the Group Management Accountant and Group System Accountant to develop and evolve reporting input schedules and templates to maximise the accuracy of data entry.
- Work with and challenge CFO to continually improve quality of management accounting and reporting.
- Provide deliverables for the Annual and Interim external audit.
The successful candidate will be professionally qualified (ACA, CIMA, ACCA) and have a proven track record of producing group consolidated management accounts. They will have experienced IFRS accounting and be able to give multiple examples of when they have added value across a complex private equity funded setup.
In return, our client offers a working culture that is professional but social, diverse but inclusive and an environment where effort and performance are acknowledged and rewarded accordingly.
Vitae Financial Recruitment Ltd is acting as an Employment Business in relation to this vacancy.
Group Accountant employer: Vitae Financial Recruitment Limited
Contact Detail:
Vitae Financial Recruitment Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Group Accountant
✨Tip Number 1
Familiarise yourself with the latest ERP systems, as you'll be championing a new one in this role. Understanding how these systems work and their benefits can set you apart during discussions with the hiring team.
✨Tip Number 2
Brush up on your IFRS accounting knowledge, as it's crucial for producing group consolidated management accounts. Be prepared to discuss specific examples of how you've applied this knowledge in previous roles.
✨Tip Number 3
Network with professionals in the finance sector, especially those who have experience in private equity funded setups. They can provide insights and potentially refer you to opportunities within their networks.
✨Tip Number 4
Prepare to discuss your experience with statutory accounts and audits. Highlight any challenges you've faced and how you overcame them, as this will demonstrate your problem-solving skills and attention to detail.
We think you need these skills to ace Group Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience with group consolidated management accounts and IFRS accounting. Use specific examples that demonstrate your technical skills and how you've added value in previous roles.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention your professional qualifications (ACA, CIMA, ACCA) and how they align with the job requirements. Be sure to include your experience with ERP systems and any relevant achievements.
Highlight Relevant Skills: When detailing your work experience, focus on skills that are crucial for the role, such as financial analysis, balance sheet reconciliations, and tax implications assessment. Use bullet points for clarity and impact.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is essential for a Group Accountant role.
How to prepare for a job interview at Vitae Financial Recruitment Limited
✨Showcase Your Technical Skills
As a Group Accountant, you'll need to demonstrate your strong consolidation skillset. Be prepared to discuss specific examples of how you've produced group consolidated management accounts and handled complex financial reporting in previous roles.
✨Familiarise Yourself with IFRS
Since the role requires experience with IFRS accounting, brush up on the key principles and be ready to discuss how you've applied them in your past work. This will show your potential employer that you are well-versed in the necessary standards.
✨Prepare for ERP System Discussions
The new ERP system is a significant part of the role. Research the system they plan to implement and think about how you can contribute to its successful integration. Highlight any relevant experience you have with ERP systems in your previous positions.
✨Demonstrate Your Strategic Thinking
The role involves producing forecasts and budgets, so be ready to discuss your approach to strategic financial planning. Share examples of how you've contributed to financial strategy in the past and how you can add value to their organisation.