At a Glance
- Tasks: Support financial reporting and compliance while collaborating with international teams.
- Company: Dynamic finance team in Birmingham, focused on accuracy and innovation.
- Benefits: Competitive salary, professional development, and a chance to grow your career.
- Other info: In-person role with opportunities for process improvement and system enhancements.
- Why this job: Join a vibrant team and make an impact in financial decision-making.
- Qualifications: Degree in Accounting or Finance; experience with UK GAAP is a plus.
The predicted salary is between 28000 - 30000 £ per year.
The Accountant (UK) is responsible for supporting the Head Office finance function through accurate financial reporting, accounting, and compliance with UK GAAP and FRS 102 requirements. The role works closely with external accountants and the South Africa office to ensure timely month-end close processes, accurate financial records, group reporting, and high-quality financial analysis to support business decision making.
Key Responsibilities
- Financial Reporting and Accounting
- Assist with the preparation of financial statements in compliance with UK GAAP and FRS 102.
- Support month-end and year-end close processes, ensuring accuracy, completeness, and timely reporting.
- Prepare general ledger journals in Sage Intacct for non-cash transactions, including depreciation, accruals, provisions, prepayments, and deferred tax adjustments.
- Perform reconciliations for bank accounts, balance sheet accounts, intercompany balances, and major vendor accounts, investigating and resolving discrepancies where necessary.
- Maintain accurate accounting records, including fixed asset registers and supporting schedules.
- Ensure compliance with accrual accounting principles and internal financial controls.
- Group Reporting and Consolidation
- Prepare group consolidation reports and ensure completeness and accuracy of financial data submitted by entities.
- Review and process UK GAAP adjustments to align financial information for non-UK entities and ensure consistency in accounting treatment and reporting standards.
- Maintain and update the entity group structure and chart within the accounting system.
- Support intercompany reconciliations and elimination processes during group consolidation.
- Budgeting, Forecasting and Financial Analysis
- Support the preparation of annual budgets and periodic financial forecasts.
- Perform variance analysis on profit and loss statements and provide explanations for significant movements.
- Prepare ad-hoc financial reports, analysis, and management information to support operational and strategic decision-making.
- Assist management with financial insights and recommendations based on data analysis.
- Compliance and External Liaison
- Ensure compliance with relevant accounting standards, statutory requirements, and internal finance policies.
- Support internal and external audit processes by preparing schedules, reconciliations, and supporting documentation.
- Liaise with external accountants, auditors, and relevant stakeholders where required.
- Systems and Process Improvement
- Support system enhancements and the effective utilisation of Sage Intacct.
- Review finance processes and recommend improvements to strengthen internal controls, efficiency, and reporting accuracy.
- Assist in implementing process automation and standardisation initiatives where applicable.
Minimum Qualifications
- Bachelor’s Degree in Accounting, Finance, or a related field.
- Professional accounting qualification or progress towards qualification (e.g., ACCA, CIMA, ACA, SAICA or equivalent) will be advantageous.
Minimum Experience
- Minimum of 4–6 years’ experience in accounting or financial reporting roles.
- Experience working with UK GAAP and FRS 102 reporting standards is essential.
- Experience in group reporting and financial consolidations.
- Experience working with ERP/accounting systems, preferably Sage Intacct.
- Experience working within multinational or group company structures will be advantageous.
Knowledge And Skills
- Strong understanding of UK GAAP, FRS 102, and accrual accounting principles.
- Knowledge of group consolidation and intercompany accounting processes.
- Advanced Microsoft Excel and financial analysis skills.
- Strong attention to detail and high levels of accuracy.
- Excellent analytical, problem-solving, and reporting skills.
- Good communication and stakeholder management skills.
- Ability to manage deadlines and work under pressure.
- Strong organisational and time management skills.
- Ability to work independently and collaboratively across international teams.
Competencies
- Accountability and integrity
- Analytical thinking
- Attention to detail
- Planning and organising
- Problem solving and decision making
- Collaboration and teamwork
- Adaptability and continuous improvement
- Communication and interpersonal effectiveness
Accountant in Birmingham employer: Diaspora Insurance
As an Accountant at our Birmingham office, you will join a dynamic finance team dedicated to excellence in financial reporting and compliance. We pride ourselves on fostering a collaborative work culture that encourages professional growth through continuous learning and development opportunities. With a competitive salary and a commitment to employee well-being, we offer a rewarding environment where your contributions directly impact our success.
StudySmarter Expert Advice🤫
We think this is how you could land Accountant in Birmingham
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work in accounting. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on UK GAAP and FRS 102. We all know that confidence is key, so being able to discuss these topics fluently will show you're the right fit for the role.
✨Tip Number 3
Don’t forget to showcase your analytical skills! Bring examples of how you've used financial analysis to support decision-making in past roles. This will help you stand out as a candidate who can add real value.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Accountant in Birmingham
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Accountant role. Highlight your experience with UK GAAP and FRS 102, and don’t forget to mention any relevant qualifications like ACCA or CIMA. We want to see how your skills match what we’re looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about accounting and how your previous experience aligns with our needs. Keep it concise but impactful – we love a good story!
Showcase Your Skills:In your application, make sure to showcase your analytical skills and attention to detail. Mention specific tools you’ve used, like Sage Intacct, and any financial analysis you've conducted. We’re keen on seeing how you can contribute to our team!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts and you’ll be set!
How to prepare for a job interview at Diaspora Insurance
✨Know Your Numbers
As an Accountant, it's crucial to be well-versed in UK GAAP and FRS 102. Brush up on these standards before your interview, and be ready to discuss how you've applied them in your previous roles. This shows you’re not just familiar with the theory but can also implement it practically.
✨Showcase Your Software Skills
Familiarity with Sage Intacct is a big plus for this role. If you’ve used it or similar ERP systems, prepare to share specific examples of how you’ve leveraged these tools for financial reporting or process improvements. Highlighting your tech-savviness can set you apart from other candidates.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills, especially around financial discrepancies or month-end close processes. Think of past experiences where you successfully navigated challenges and be ready to explain your thought process and the outcomes.
✨Communicate Clearly
Strong communication skills are essential for liaising with external accountants and stakeholders. Practice explaining complex financial concepts in simple terms. This will demonstrate your ability to convey important information effectively, which is key in a collaborative environment.
