Group Financial Accountant

Group Financial Accountant

London Full-Time 43200 - 64800 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our finance team as a Group Financial Accountant, handling global financial reporting and reconciliations.
  • Company: We're a diverse global brand focused on sustainable products and exciting growth plans.
  • Benefits: Enjoy discounts, generous leave, mental health support, and a wardrobe allowance for our stylish clothes.
  • Why this job: Be part of a collaborative team that values your ideas and drives positive change in financial accounting.
  • Qualifications: Qualified or partly qualified accountant with strong IFRS knowledge and Excel skills required.
  • Other info: Located in vibrant Shoreditch, just a short walk from Liverpool Street Station.

The predicted salary is between 43200 - 64800 £ per year.

London, England, United Kingdom, Permanent

We’re a global brand made up of a very diverse mix of talented people in a huge variety of roles. Our products are designed in-house and made by a small number of suppliers and artisans around the world to sustainable standards.

We are a brand embarking on a very exciting plan and we are seeking new members of the team who want to contribute to this.

The role

We are currently looking for a group financial accountant to join our Shoreditch head office. This role is an essential part of the finance team. You will be responsible for supporting and implementing the financial accounting and reporting agenda across our brand, globally.
You will be responsible for preparing intercompany reconciliations across multiple companies and currencies, so experience with multiple subsidiaries and currencies will be key for this role. You will also be responsible for the provision of financial information, ensuring internal and external reporting is timely, accurate and compliant with IFRS.

About the team

You will report directly to the group finance manager and sit within the finance team.

What will I be doing?

  • Reconciliation of all subsidiary prepared records to group management accounts including posting adjustments to reflect the transition from local GAAP to IFRS.
  • Prepare monthly consolidated accounts for the entire group, combining financial data for entities under AllSaints.
  • Calculate and journal intercompany recharges, loans and interest.
  • Review bank reconciliations and treasury net debt calculations.
  • Posting relevant journals for the monthly reporting.
  • Assist in the year-end audit process.
  • Ensuring the group financial accounting policies are maintained and updated to reflect the accounting and reporting requirements across different jurisdictions.
  • Ownership of all statutory reporting for international subsidiaries within the group including the preparation of any branch returns required by local tax authorities.
  • Reconciling reserves (distributable and non-distributable) to ensure items are classified appropriately.
  • Ensure the business is provided with sound and clear technical accounting guidance (including written technical accounting papers) on any matter arising including the impact of changes to IFRS standards on the group.
  • Supporting the roll out of a robust financial accounting and reporting control environment that adheres to the group policies and embeds best practice across the business.
  • Providing support to the finance team.

What do I need?

  • Qualified or partly qualified accountant (ACA/ACCA).
  • Strong knowledge of Excel.
  • Eye for detail and ability to identify errors.
  • Strong knowledge of IFRS.
  • Strong background in completing and reviewing consolidations.
  • Proven experience of technical accounting, with proven capability to communicate financial reporting requirements to various stakeholders.
  • Demonstrate being curious, inquisitive and robust with a drive to improve financial accounting discipline within a business.
  • Desire to drive improvements in the end-to-end financial accounting and reporting process.
  • A collaborative team player.
  • Strong communication skills both written and verbal.
  • Ability to work in a fast-paced, commercially focused environment and able to adapt to change quickly.
  • Disciplined approach to production and documentation of work.
  • Prior retail experience is advantageous.

About the location

Based in our East London Studios in vibrant Shoreditch with perks and benefits offered from local businesses including discounts on food, shopping and health & beauty. Studio Location: Approximately a 10-minute walk from Liverpool Street Station and a 5-minute walk from Shoreditch High Street.

What we stand for

The Customer is the Boss: We work as one proud team to get the best for our customers.

One Team: We are joined up and encourage others to share their ideas.

We Do What We Say We Will: We know our goals, and we work with clear outcomes in mind.

We Are Responsible: We are self-aware, understand the impact we have on others and are positive about the future.

  • A generous wardrobe allowance so that you can wear our beautiful clothes to work each day.
  • Potential to earn more from our team commission scheme.
  • We are a disability committed certified employer.
  • Employee discount for you to spend with family and friends.
  • Up to 2 years service 33 days (25 days + bank holidays).
  • Over 2 years service 36 days (28 days + bank holidays).
  • Access to dental cash plan & free virtual GP appointments through Aviva.
  • UNUM employee assistance helpline.
  • Life assurance cover.
  • Access to discounted gym membership and corporate discounts.
  • Free, confidential, wellbeing and lifestyle support with Retail Trust.
  • Enhanced family leave benefits (neonatal, fertility, maternity, paternity, adoption, menopause).
  • Health days for you to use either for physical or mental wellness.
  • Dedicated mental health support from our mental health first aiders.
  • Eye care vouchers, season ticket loans and much more!

#WeAreAllSaints

Our aim is to develop truly diverse teams and create an environment where everyone feels respected, valued and able to give of their best whilst contributing to the success of our brand.

We recognise the importance and strength of diversity and commit to providing equal opportunities to everyone in our employment and recruitment processes. We safeguard against any form of discrimination irrespective of gender, gender reassignment, marital status, race, ethnic origin, nationality, disability, sexual orientation, religion, gender identity, gender expression, transgender status or age.

Even if you feel you don’t tick all the boxes, we’d still very much like to hear from you. We want you to know that finding people who have a passion for our brand and are open to learning is incredibly important to us.

If you need any support or adjustments during your application, please get in touch with us and we are happy to help.

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Group Financial Accountant employer: ALLSAINTS Retail Limited

At AllSaints, we pride ourselves on being an exceptional employer, offering a vibrant work culture in the heart of Shoreditch, London. Our commitment to employee growth is reflected in our generous benefits package, including extensive leave, wellness support, and a collaborative environment that encourages innovation and teamwork. Join us to be part of a diverse team dedicated to making a positive impact while enjoying perks from local businesses and a stylish wardrobe allowance.
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Contact Detail:

ALLSAINTS Retail Limited Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Group Financial Accountant

✨Tip Number 1

Familiarize yourself with IFRS standards, as this role requires a strong knowledge of them. Consider taking an online course or reading up on the latest updates to demonstrate your commitment and expertise.

✨Tip Number 2

Highlight any experience you have with intercompany reconciliations and working with multiple currencies. Be ready to discuss specific examples during the interview to showcase your relevant skills.

✨Tip Number 3

Prepare to discuss your approach to improving financial accounting processes. Think of instances where you've implemented changes that enhanced efficiency or accuracy in previous roles.

✨Tip Number 4

Since this position is in a fast-paced environment, be ready to share how you adapt to change. Provide examples of how you've successfully managed tight deadlines or shifting priorities in your past work.

We think you need these skills to ace Group Financial Accountant

Qualified or partly qualified accountant (ACA/ACCA)
Strong knowledge of IFRS
Proven experience in technical accounting
Experience with intercompany reconciliations
Strong knowledge of Excel
Attention to detail
Ability to communicate financial reporting requirements
Experience in completing and reviewing consolidations
Ability to work in a fast-paced environment
Collaborative team player
Strong written and verbal communication skills
Desire to drive improvements in financial accounting processes
Curiosity and inquisitiveness
Disciplined approach to documentation and production of work
Prior retail experience (advantageous)

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in financial accounting, particularly with IFRS and consolidations. Use specific examples that demonstrate your skills in managing multiple subsidiaries and currencies.

Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your background aligns with their needs, especially your experience with technical accounting and your ability to communicate financial information effectively.

Showcase Your Technical Skills: Emphasize your strong knowledge of Excel and detail-oriented approach. Provide examples of how you've used these skills in previous roles to improve financial processes or reporting accuracy.

Highlight Team Collaboration: Since the role requires working closely with the finance team, include examples of past collaborative projects. Discuss how you contributed to team goals and supported others in achieving financial objectives.

How to prepare for a job interview at ALLSAINTS Retail Limited

✨Showcase Your Technical Skills

Make sure to highlight your strong knowledge of IFRS and technical accounting during the interview. Be prepared to discuss specific examples of how you've applied these skills in previous roles, especially in relation to consolidations and intercompany reconciliations.

✨Demonstrate Attention to Detail

Given the importance of accuracy in financial reporting, emphasize your eye for detail. You might want to share instances where your attention to detail helped identify errors or improve processes in your past work.

✨Communicate Effectively

Strong communication skills are essential for this role. Practice explaining complex financial concepts in simple terms, as you may need to communicate with various stakeholders. Consider preparing a brief presentation on a relevant topic to showcase your ability to convey information clearly.

✨Emphasize Your Collaborative Spirit

This role requires a collaborative team player. Share examples of how you've worked effectively within a team, particularly in fast-paced environments. Highlight your willingness to support others and contribute to a positive team dynamic.

Group Financial Accountant
ALLSAINTS Retail Limited
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