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For Companies At a Glance
- Tasks: Manage long-term contract accounting and collaborate with teams on financial initiatives.
- Company: Join a rapidly growing global engineering group making waves in the industry.
- Benefits: Enjoy a competitive salary, collaborative culture, and opportunities for professional growth.
- Why this job: Be part of a dynamic team influencing financial strategy in an innovative environment.
- Qualifications: Must be a fully qualified Accountant with experience in manufacturing or engineering.
- Other info: Work three days a week in North Wales; no sponsorship provided.
The predicted salary is between 42000 - 84000 £ per year.
Overview
Hays Senior Finance are working with a growing Engineering group to recruit a technically strong senior Financial Accountant for their North Wales office. This global company has grown significantly over the last five years and made a number of strategic acquisitions whilst also growing existing businesses organically. This is a crucial role that mixes technical accounting with operational collaboration, offering exposure to complex financial initiatives across manufacturing and engineering environments.
As a senior Financial Accountant you will manage long-term contract accounting under IFRS 15, assess R&D capitalisation under IAS 38, and act as a trusted technical accounting advisor to the business with support from the Group finance team.
Responsibilities
- Long-Term Contract Accounting (IFRS 15)
- Standard Costing Implementation & Analysis
- Design and implement a robust standard costing system
- Collaborate with operations, supply chain, and finance teams to ensure accurate cost standards
- Maintain and analyse standard costs, proposing corrective actions for variances
- Partner with engineering and project teams to compile accurate Estimates at Completion (EAC)
- Monitor contract margins and financial performance
- Deliver monthly revenue recognition and margin updates
- R&D Capitalisation (IAS 38)
- Evaluate R&D activities for capitalisation eligibility
- Provide technical accounting guidance and prepare position papers
- Finance Team Collaboration
- Support statutory reporting, audits, and month-end close
- Assist with customer quotations and inventory verification
- Contribute to Group Finance projects, including financial controls reviews and process improvements
Qualifications
We are looking for a fully qualified Accountant (ACA, ACCA, CIMA or equivalent) with experience in manufacturing, engineering, or project-based environments – this can be gained in Practice by having manufacturing clients. Proven experience in standard costing and variance analysis would be ideal as well as strong knowledge of IFRS (especially IFRS 15 and IAS 38).
Requirements
This is a rare opportunity to work for an innovative company within a successful Group, where your expertise will directly influence financial strategy and operational success. You\’ll be part of a collaborative team, with the chance to shape processes and drive improvements across multiple sites.
All applicants must be eligible to work in the UK without sponsorship and be based within a commutable distance of North Wales three days a week.
How to apply
If you\\\’re interested in this role, click \’apply now\’ to forward an up-to-date copy of your CV, or call us now.
If this job isn\\\’t quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.
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Financial Accountant - £60,000 employer: Association of International Certified Professional Accountants
Contact Detail:
Association of International Certified Professional Accountants Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Accountant - £60,000
✨Tip Number 1
Familiarise yourself with IFRS 15 and IAS 38, as these standards are crucial for the role. Consider brushing up on your knowledge through online courses or webinars to demonstrate your commitment and expertise during interviews.
✨Tip Number 2
Network with professionals in the engineering and manufacturing sectors. Attend industry events or join relevant online forums to connect with potential colleagues or mentors who can provide insights into the company culture and expectations.
✨Tip Number 3
Prepare to discuss your experience with standard costing and variance analysis in detail. Think of specific examples where you've successfully implemented these processes, as this will showcase your practical knowledge and problem-solving skills.
✨Tip Number 4
Research the company’s recent acquisitions and growth strategies. Being knowledgeable about their business model and financial initiatives will allow you to engage in meaningful conversations during interviews and show that you're genuinely interested in the role.
We think you need these skills to ace Financial Accountant - £60,000
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial accounting, particularly in manufacturing and engineering environments. Emphasise your qualifications (ACA, ACCA, CIMA) and any specific projects that relate to IFRS 15 and IAS 38.
Craft a Strong Cover Letter: Write a cover letter that showcases your technical accounting skills and your ability to collaborate with various teams. Mention your experience with standard costing and variance analysis, and how you can contribute to the company's financial strategy.
Highlight Relevant Achievements: In both your CV and cover letter, include specific examples of past achievements related to long-term contract accounting and R&D capitalisation. Use metrics where possible to demonstrate your impact on financial performance.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial for a Financial Accountant role.
How to prepare for a job interview at Association of International Certified Professional Accountants
✨Know Your IFRS Inside Out
As a Financial Accountant, you'll be dealing with IFRS 15 and IAS 38 regularly. Make sure you brush up on these standards before the interview. Be prepared to discuss how you've applied them in your previous roles, especially in relation to long-term contract accounting and R&D capitalisation.
✨Showcase Your Technical Skills
This role requires a strong technical accounting background. Be ready to provide examples of your experience with standard costing implementation and variance analysis. Highlight any specific projects where you successfully collaborated with cross-functional teams to achieve financial goals.
✨Demonstrate Your Collaborative Spirit
The job involves working closely with operations, supply chain, and finance teams. Prepare to discuss how you've effectively communicated and collaborated with different departments in past roles. Share instances where your teamwork led to improved financial outcomes or process enhancements.
✨Prepare Questions for Them
Interviews are a two-way street. Prepare insightful questions about the company's growth strategy, their approach to financial controls, and how they envision the role contributing to their success. This shows your genuine interest in the position and helps you assess if it's the right fit for you.
