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- Tasks: Lead the GRNI process, investigate discrepancies, and ensure compliance with accounting standards.
- Company: Join Central Co-op, a member-owned society focused on community impact and sustainability.
- Benefits: Enjoy retail discounts, extra holiday options, and paid volunteering days.
- Why this job: Make a difference in your community while developing your accounting skills in a supportive environment.
- Qualifications: Qualified Accountant with 3+ years of experience in investigation and process improvement.
- Other info: This is a 6-month fixed-term contract with flexible working options available.
The predicted salary is between 43200 - 72000 £ per year.
What will you be doing? Joining us as a Senior Reconciliation Accountant, you’ll investigate, oversee and improve the end-to-end Goods Received Not Invoiced (GRNI) process for both Co-op Group and Local suppliers. Proactively leading the investigation into the backlogs, you’ll clarify the reasons for discrepancies, ensuring the backlog of unmatched errors is both investigated and cleared. You’ll ensure the overall accuracy of these balance sheet accounts in line with accounting standards and compliance with statutory reporting requirements. You’ll be acting as the internal subject matter expert on accounting policies and support period end close, in relation to entries required for GRNI, communicating with various teams to implement processes across the business. Making a positive difference, you’ll play a pivotal role in ensuring that the Local and Group purchases GRNI balance sheet reconciliation process is best in class. You will also lead the interim external audit review of GRNI findings and liaise with external auditors & other advisors as required. Please note this is a 6 month fixed term contract position.
How will I know if I am right for this role? Ideally, you’ll be a Qualified Accountant with a minimum of 3 years post qualification experience. We are looking for someone who can demonstrate a proven track record of investigation, solving, and process improvement. Due to the nature of the role, you’ll need to have excellent communication skills and the ability to work collaboratively with senior colleagues.
What is in it for me? In addition to our competitive salaries, our colleagues also benefit from:
- Retail discounts - our hub offers colleagues access to hundreds of exclusive retail discounts, savings on days out and holiday discounts.
- Holiday buy - colleagues can buy up to a week extra of annual leave each year.
- Colleague recognition - we celebrate our colleague’s achievements both personally and professionally.
- Enhanced family friendly policies - to help you feel fully supported during any significant life events.
- Colleague Dividend - We pay a share of our profits to eligible colleagues as a thank you for their contribution to our success.
- Paid time for volunteering - we encourage our colleagues to spend three days per year taking part in volunteering, fully paid for by us.
- Give as you earn - helping you support charities which mean something to you.
- Healthcare Cashplan - your wellbeing is important, so you’ve got the opportunity to contribute into a voluntary plan that helps pay towards a range of healthcare expenses.
- Company Pension - you can access a company pension scheme with us as well as access to Pension wellbeing information.
- Life Assurance - after an initial qualifying period, you’ll get free life assurance cover, that pays your nominated beneficiary if you die while you’re working for us.
- Personalised learning and development - with easy access to a wide range of training programmes.
- Workflex - all of our flexible working options in one place, including our 4 day working week / 9 day fortnight and hybrid working options.
Everyone is welcome here. We’re happy to make reasonable adjustments so that all our candidates can show us how they’ll perform their role. There is a section in the application form where you can provide any additional information. Please use this section to include any reasonable adjustments you need, and we’ll do our best to support you through our recruitment process.
Who are we? We’re Central Co-op, a Member-owned and Member-led co-operative Society. And with us, you’re not just a colleague, you’re a Member. You’ll own a share of the business. You’ll be able to make a positive impact in your community, joining us in our mission to create a sustainable Society, and working alongside a team of passionate people who’ll help you grow.
Senior Reconciliation Accountant employer: Central England Coop
Contact Detail:
Central England Coop Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Reconciliation Accountant
✨Tip Number 1
Familiarise yourself with the Goods Received Not Invoiced (GRNI) process. Understanding the nuances of this process will not only help you in interviews but also demonstrate your proactive approach to the role.
✨Tip Number 2
Brush up on your communication skills, especially in a collaborative context. Since you'll be working with various teams, showcasing your ability to communicate effectively can set you apart from other candidates.
✨Tip Number 3
Prepare examples of your past experiences where you've successfully led investigations or improved processes. Being able to discuss specific instances will highlight your qualifications and problem-solving skills.
✨Tip Number 4
Research Central Co-op's values and mission. Aligning your personal values with those of the company can help you convey genuine interest during the interview process, making you a more appealing candidate.
We think you need these skills to ace Senior Reconciliation Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your qualifications and experience relevant to the Senior Reconciliation Accountant role. Emphasise your post-qualification experience, particularly in investigation and process improvement.
Craft a Strong Cover Letter: In your cover letter, clearly express your interest in the position and how your skills align with the responsibilities outlined in the job description. Mention specific examples of your past achievements in similar roles.
Highlight Communication Skills: Since excellent communication is crucial for this role, provide examples in your application that demonstrate your ability to work collaboratively with senior colleagues and other teams.
Showcase Your Problem-Solving Abilities: Detail your experience in investigating discrepancies and improving processes. Use quantifiable results where possible to illustrate your impact in previous positions.
How to prepare for a job interview at Central England Coop
✨Understand the GRNI Process
Make sure you have a solid grasp of the Goods Received Not Invoiced (GRNI) process. Be prepared to discuss how you would investigate discrepancies and improve this process, as it’s a key responsibility of the role.
✨Showcase Your Communication Skills
Since the role requires collaboration with various teams, demonstrate your excellent communication skills during the interview. Share examples of how you've effectively communicated complex accounting issues to non-financial colleagues.
✨Highlight Your Problem-Solving Experience
Prepare to discuss specific instances where you've successfully resolved discrepancies or improved processes in your previous roles. This will showcase your ability to lead investigations and clear backlogs.
✨Familiarise Yourself with Accounting Standards
Brush up on relevant accounting standards and compliance requirements. Being able to speak knowledgeably about these topics will show that you are well-prepared and understand the importance of accuracy in financial reporting.
