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- Tasks: Join our team as a Statutory Financial Reporting Accountant, preparing IFRS financial statements and reports.
- Company: Be part of a leading accounting firm in the Isle of Man, known for its excellence.
- Benefits: Enjoy a permanent role with opportunities for professional growth and development.
- Why this job: Make an impact by influencing financial reporting and working with diverse teams globally.
- Qualifications: Must be ACA/ACCA qualified with strong IFRS knowledge and experience in listed companies.
- Other info: Location: Isle of Man; job reference: 15799.
The predicted salary is between 43200 - 72000 £ per year.
Our client seeks a Statutory Financial Reporting Accountant to join their team.
Role Profile: Key member of the Group's Statutory Financial Reporting, involved in the external financial reporting process, including the preparation of IFRS financial statements, the Annual Report, investor presentations and relevant filings; assisting in the preparation of financial reports and related materials and their distribution to senior management and the Audit Committee. Research and documentation of technical accounting memos and policies for complex business issues and transactions and act as a technical advisor for Financial Accounting team, Financial Planning and Analysis team and Treasury.
Key Responsibilities:
- Preparation of IFRS and AIM compliant Statutory Accounts for the Group;
- Assist with the year-end audit and midyear interims process, being the key main contact person with the auditors;
- Assist with the Annual report and investor presentation preparation;
- Research and assist in the resolution and documentation of IFRS technical accounting issues;
- Create new and update existing internal accounting policies to ensure it aligns to IFRS and to enhance internal control;
- Interact with Finance teams across the Group to ensure complete and accurate disclosures;
- Production of various reports to external customers e.g. shareholders and analysts;
- Bank covenant reporting to ensure accurate and on time reporting;
- Prepare and maintain process documentation and drive improvements to financial processes and the internal control framework;
- Support Tax planning matters such as updating Transfer pricing, Management Recharges framework, as guided by external advisors;
- Perform special projects and other duties, as assigned.
Key Skills and Experience:
- ACA/ACCA qualified with a recognised firm and ideally have experience with listed companies;
- Membership to ACA or ACCA (or equivalent) is required;
- Strong IFRS technical accounting knowledge;
- Consolidation experience of financial statements across international locations;
- Intermediate/Advanced excel skills;
- Attention to details is a must;
- Experience with listed companies;
- Experience with manufacturing/engineering/international companies is desirable;
- Experience with SAP FX/Net Investment Hedging.
Softer Skills:
- Strong Interpersonal skills;
- Ability to influence across a diverse group and geography;
- Technical leader and “in house” expert resource;
- Self-Starter highly motivated.
Location: Isle of Man
Contract type: Permanent
Statutory Financial Reporting Accountant employer: Search-Select LTD
Contact Detail:
Search-Select LTD Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Statutory Financial Reporting Accountant
✨Tip Number 1
Familiarise yourself with IFRS standards and recent updates, as this role heavily involves preparing IFRS financial statements. Being well-versed in these regulations will not only boost your confidence but also demonstrate your expertise during discussions.
✨Tip Number 2
Network with professionals in the accounting field, especially those who have experience with listed companies. Engaging with industry peers can provide valuable insights and potentially lead to referrals that could enhance your application.
✨Tip Number 3
Brush up on your Excel skills, particularly advanced functions and data analysis techniques. This role requires intermediate to advanced Excel proficiency, so showcasing your ability to handle complex data will set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your experience with audits and interactions with auditors. Since you'll be a key contact during the year-end audit process, demonstrating your familiarity with audit procedures and your ability to communicate effectively with auditors will be crucial.
We think you need these skills to ace Statutory Financial Reporting Accountant
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Statutory Financial Reporting Accountant position. Familiarise yourself with IFRS standards and the specific tasks mentioned in the job description.
Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job description. Emphasise your ACA/ACCA qualifications, technical accounting knowledge, and any experience with listed companies or international financial reporting.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention specific experiences that demonstrate your ability to handle the key responsibilities, such as preparing IFRS financial statements and interacting with auditors.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that all information is accurate and clearly presented. A polished application reflects your attention to detail.
How to prepare for a job interview at Search-Select LTD
✨Showcase Your Technical Knowledge
Make sure to brush up on your IFRS technical accounting knowledge. Be prepared to discuss specific standards and how they apply to real-world scenarios, as this role heavily involves preparing IFRS financial statements.
✨Demonstrate Your Experience with Audits
Since you'll be the main contact for auditors during the year-end audit process, share examples from your past experiences where you successfully managed audits. Highlight your ability to communicate effectively with auditors and resolve any issues that arose.
✨Highlight Your Interpersonal Skills
This role requires strong interpersonal skills to influence diverse teams. Prepare examples of how you've worked collaboratively across departments or geographies, showcasing your ability to build relationships and drive results.
✨Prepare for Technical Questions
Expect questions related to complex accounting issues and policies. Be ready to discuss how you would approach researching and documenting technical accounting memos, as well as how you stay updated on changes in accounting standards.
