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For Companies At a Glance
- Tasks: Support financial reporting and compliance while collaborating with various teams.
- Company: Join a leading public sector organisation in Edinburgh with a strong reputation.
- Benefits: Competitive daily rate, hybrid working, and potential for contract extensions.
- Why this job: Make a real impact on financial processes and gain valuable experience.
- Qualifications: CCAB membership or equivalent and strong IFRS knowledge required.
- Other info: Dynamic role with opportunities to enhance your professional skills.
The predicted salary is between 45000 - 60000 £ per year.
ASA Recruitment's client, a Public Sector organisation in Edinburgh, are currently looking to recruit a Financial Accountant on a hybrid basis, on an initial 3 month contract (with potential extensions) on a rate of c.£250-£300/day inside of IR35 (based on experience).
The Role
As Financial Accountant (Technical Support), you will be supporting the Senior Financial Accountant in areas like statutory reporting and compliance obligations. You will liaise with the transactions team, systems team and management reporting team for periodic reporting as well as support transactions processing functions related to payables, receivables, cashbook and inventory management. You will provide advice and support to the Senior Financial Accountant and Head of Finance. You will provide professional advice to senior managers and Directors on key strategic financial issues including current legislation and external audit compliance. The role is a hybrid role with an expectation that the role will require to be in the office 2 – 3 days a week.
Responsibilities
- Assist for the timely and accurate management and preparation of the Statutory Accounts, ensuring compliance with relevant International Financial Reporting Standards (IFRS) and HM Treasury Financial Reporting Manual (FReM) along with consolidation pack.
- Assist in the production of the periodic financial progress reports in coordination with related stakeholders with suggestions for improvements. This will include maintenance of reporting tools like dashboards and other published reports.
- Liaise with financial transactions team with regular finance functions including but not limited to payment processing, receivables management, VAT reporting, inventory accounting, reconciliations and cashbook processing.
- Coordinate effective working relationships with a broad range of stakeholders including, as appropriate, government departments, Internal Audit and External Auditors.
- Work with the Unit4 users i.e. the financial management system, to improve current reporting processes and facilitate change as appropriate.
- Assist the review, update and implementation of the manuals, processes and policies in the finance function.
Essential Experience
- Membership of a CCAB professional body (or equivalent).
- Experience of capital accounting and preparation of accurate annual financial statements coupled with a strong technical knowledge of IFRS.
- Technical Knowledge: Detailed understanding of a financial accounting system.
Financial Accountant in Edinburgh employer: ASA Recruitment
Contact Detail:
ASA Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Accountant in Edinburgh
✨Network Like a Pro
Get out there and connect with people in the finance sector! Attend industry events, join relevant online forums, and don’t be shy to reach out on LinkedIn. We all know that sometimes it’s not just what you know, but who you know!
✨Ace the Interview
Prepare for your interview by researching the organisation and brushing up on your technical knowledge of IFRS and financial reporting. We recommend practising common interview questions and even doing mock interviews with friends to boost your confidence.
✨Showcase Your Skills
When you get the chance, highlight your experience with statutory accounts and compliance obligations. We want to see how you can bring value to the team, so don’t hold back on sharing specific examples of your past successes!
✨Apply Through Our Website
Don’t forget to apply through our website for the best chance at landing that Financial Accountant role! We make it easy for you to showcase your skills and connect with potential employers directly.
We think you need these skills to ace Financial Accountant in Edinburgh
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in financial accounting and compliance. We want to see how your skills align with the role, so don’t be shy about showcasing your knowledge of IFRS and any relevant qualifications.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the Financial Accountant role. Mention your experience with statutory reporting and how you can support the Senior Financial Accountant effectively.
Showcase Your Technical Skills: Since this role involves liaising with various teams and using financial management systems, make sure to highlight your technical skills. If you’ve worked with Unit4 or similar systems, let us know!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the easiest way for us to receive your application and ensures you don’t miss out on any important updates regarding your application status.
How to prepare for a job interview at ASA Recruitment
✨Know Your Numbers
As a Financial Accountant, it's crucial to brush up on your knowledge of IFRS and the HM Treasury Financial Reporting Manual. Be prepared to discuss how you've applied these standards in previous roles, as well as any challenges you've faced and how you overcame them.
✨Showcase Your Stakeholder Skills
This role involves liaising with various teams and stakeholders. Think of examples where you've successfully communicated complex financial information to non-financial colleagues or senior management. Highlighting your ability to build effective working relationships will set you apart.
✨Be Ready for Technical Questions
Expect questions about financial accounting systems and processes. Familiarise yourself with Unit4 or similar systems, and be ready to discuss how you've improved reporting processes in the past. Demonstrating your technical knowledge will show you're the right fit for the role.
✨Prepare for Scenario-Based Questions
Interviewers may ask how you'd handle specific situations, such as tight deadlines for statutory accounts or compliance issues. Prepare by thinking through potential scenarios and your approach to resolving them. This will showcase your problem-solving skills and readiness for the role.
