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- Tasks: Join a supportive team to deliver accurate financial reporting and improve accounting controls.
- Company: Benefact Group is a charity-owned financial services group, committed to making a positive impact.
- Benefits: Enjoy a competitive salary, generous bonuses, and 25 days annual leave plus health perks.
- Why this job: Be part of a culture that values kindness and ambition while contributing to charitable causes.
- Qualifications: Qualified or part-qualified accountant with strong analytical skills and attention to detail.
- Other info: Flexible working hours and opportunities for professional development are available.
The predicted salary is between 28800 - 43200 £ per year.
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Working hours: 35 hours per week, Monday to Friday
Duration: 12 month fixed term contract
Location: Gloucester
Job Ref: 203954
About the role
Benefact Groupare looking for a Business Accountantto join our Gloucesteroffice.
Work as part of a small, supportive team within Group Finance to support the delivery of accurate, timely and insightful financial reporting for the group and its businesses.
Join a collaborative and inclusive culture that’s committed to making a difference and building a more sustainable future. Ranked amongst the UK\’s top 50 Best Large Companies to Work For in 2024, we offer fantastic career and development opportunities within a rapidly growing, innovative Group—where all profits go to charity and good causes.
What you\’ll be doing
- Preparation of the Group’s statutory, regulatory and management reporting through sourcing, analysing, and preparing financial and narrative information for use in returns and financial statements.
- Board and committee support to insurance entities supported by EIO under the Joint Administration Agreement including paper preparation, Board and committee attendance
- Support the implementation of and improvements to the Group’s accounting controls and procedures for statutory and/or regulatory reporting.
- Proactive engagement with wider Group Finance and outsourced insurance company objectives and projects.
- Engage with business unit stakeholders as required to prepare the various statutory, regulatory and management reporting deliverables
What you\’ll need to have
- Competent user of MS ExcelAbility to interpret complex information.
- Aptitude for learning, interpreting and applying accounting and/or regulatory requirements.
- Excellent analytical and numerical skills.Ability to meet tight deadlines and adapt to the needs of the business.
- Well organised with a meticulous attention to detail.
What makes you stand out
- Qualified or part-qualified accountant (ACA, ACCA, CIMA or equivalent).
- Understanding of IFRS. UK GAAP, Charities SORP and Solvency II experience beneficial, but not essential.
- Some experience of preparing statutory accounts and engaging in year end audit process is beneficial but not essential.
- Experience in Power BI is also beneficial but not essential.
- Knowledge of the Financial Services industry would be beneficial.
What we offer
- A competitive salary – let\’s discuss it
- Group Personal Pension – up to 12% employer contribution
- Generous annual bonus scheme between 6% and up to24%
- 25days annual leave plus bank holidays, and a holiday buy and sell scheme
- An array of health and wellbeing benefits, including private healthcare, income protection and life assurance
- Up to £400 annual personal grant to a charity of your choice
- Encouraged to take at least one volunteering day per year
- Employee Assistance Programme
- Full study support to gain professional qualifications
- Access to virtual GP
- Enhanced maternity and paternity pay
Hear from the hiring manager
\”We’re a small, supportive team within Group Finance, involved in varied work within a number of different business units. If you enjoy a challenging, rewarding role with the opportunity to add value then we’d like to hear from you.\”
About us
Benefact Group is a unique international financial services Group made up of over 30 businesses. We are owned by a charity and have been the 3rd largest UK corporate donor over a decade*, having given away £250 million since 2014. We have ambitious plans to become the UK’s number one corporate donor, with strategic objectives in place to double the Group’s size.
We believe it’s essential to attract, empower, grow and reward talented people, offering fantastic opportunities for career and personal development. Our giving ethos, 135-year history and the diversity of what we do, has enabled us to build a culture of kindness, great ambition, and of passionate people driven to do better and be better.
At Benefact Group, we are committed to creating an inclusive culture and building an environment where each and every one of us feels valued and respected. We are a community made up of people with a range of different backgrounds, abilities, perspectives, beliefs and interests and we value the strength this brings to us as a Group. We welcome applications from everyone.
If you need any additional support during the recruitment process, then please let us know.
*Directory of Social Change’s UK Guides to Company Giving 2017-26
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Business Accountant employer: Ecclesiastical Insurance Group
Contact Detail:
Ecclesiastical Insurance Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Accountant
✨Tip Number 1
Familiarise yourself with the specific accounting standards mentioned in the job description, such as IFRS and UK GAAP. This knowledge will not only help you during the interview but also demonstrate your commitment to understanding the role.
✨Tip Number 2
Network with current or former employees of Benefact Group on platforms like LinkedIn. Engaging with them can provide you with insider insights about the company culture and expectations, which can be invaluable during your application process.
✨Tip Number 3
Brush up on your Excel skills, as being a competent user is essential for this role. Consider taking an online course or tutorial to enhance your proficiency, which will give you an edge over other candidates.
✨Tip Number 4
Prepare to discuss your experience with financial reporting and any relevant projects you've worked on. Be ready to share specific examples that highlight your analytical skills and attention to detail, as these are key attributes for the Business Accountant position.
We think you need these skills to ace Business Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Business Accountant role. Emphasise your qualifications, such as ACA, ACCA, or CIMA, and any experience with statutory accounts or financial reporting.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention specific aspects of Benefact Group's mission and values that resonate with you, and explain how your background makes you a great fit for their team.
Highlight Relevant Skills: In your application, focus on key skills mentioned in the job description, such as proficiency in MS Excel, analytical abilities, and attention to detail. Provide examples of how you've successfully applied these skills in previous roles.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a Business Accountant position.
How to prepare for a job interview at Ecclesiastical Insurance Group
✨Showcase Your Analytical Skills
As a Business Accountant, you'll need excellent analytical and numerical skills. Be prepared to discuss specific examples from your past experiences where you've successfully interpreted complex financial information or solved challenging problems.
✨Demonstrate Your Knowledge of Accounting Standards
Familiarise yourself with IFRS, UK GAAP, and Charities SORP, as these are relevant to the role. During the interview, mention any experience you have with these standards and how you've applied them in previous positions.
✨Highlight Your Teamwork Abilities
Benefact Group values collaboration within their finance team. Be ready to share examples of how you've worked effectively in a team setting, particularly in supporting board and committee activities or engaging with stakeholders.
✨Prepare for Technical Questions
Expect questions related to statutory accounts preparation and the year-end audit process. Brush up on your technical knowledge and be ready to explain your approach to these tasks, even if your experience is limited.
