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For Companies At a Glance
- Tasks: Lead financial reporting and improve processes in a dynamic team.
- Company: Join Benefact Group, a purpose-driven financial services organisation with a charitable ethos.
- Benefits: Enjoy a competitive salary, generous bonuses, and extensive health benefits.
- Why this job: Be part of a rapidly growing company that values inclusivity and social impact.
- Qualifications: Must have an accounting qualification and strong communication skills.
- Other info: Flexible working hours and support for professional development.
The predicted salary is between 43200 - 72000 £ per year.
Working hours: 35 hours per week, Monday to Friday
Duration: 12 Month Fixed Term Contract
Location: Gloucester
About the role
Benefact Group are looking for a Group Finance Manager (Financial Reporting) to join our Gloucester office on a 12 month Fixed Term Contract basis. As a Group Finance Manager (Financial Reporting), you will be responsible for producing and reviewing financial reporting, looking after some of the more judgmental areas of accounting and contribute to the development and improvement of processes. Joining our rapidly expanding and innovative Group presents a fantastic opportunity to develop your career and become an integral part of an inclusive, purpose-led organisation.
Key responsibilities
- Sourcing, analysing, and consolidating financial information used to prepare the Group's IFRS Annual Report and Accounts.
- Planning and communicating the Group's year-end reporting cycle ensuring signing and filing objectives are met.
- Own some of the Group's key technical accounting areas and the Group's more judgemental areas of accounting ensuring accounting policy is applied appropriately and treatment is in compliance with relevant accounting standards.
- Develop key internal and external stakeholder relationships. The relationship with external auditors is key and the role will support surprise free statutory and regulatory assurance services.
- Preparation of audit committee, board and other committee papers supporting the Group's key decision makers and financial reporting governance.
- Develop and maintain the integrity of the Group's financial reporting processes and key controls.
- Coordinate, develop, update and integrate the Group's accounting policies ensuring compliance across the Group.
- Gather and share insight into best practice reporting and accounting application.
- Research and resolve technical accounting issues, including the preparation of related papers and supporting the business with technical advice.
- Guidance on the accounting for past and future acquisitions.
- Develop processes to support consistent, error free and timely reporting.
- Identify and implement process improvements within the Group's financial reporting function.
Knowledge, skills and experience
- Accounting qualification (ACA, ACCA, CIMA) or equivalent.
- Strong communication and stakeholder management skills with an ability to explain complex information effectively and develop good working relationships at all levels both internal and external.
- Understanding of International Reporting Financial Standards, Companies Act and an appreciation of UK GAAP.
- Experience in producing consolidated financial results.
- An ability to meet demanding deadlines, handle competing priorities and adapt to the needs of the business.
What we offer
- A competitive salary - let's discuss it
- Group Personal Pension - up to 12% employer contribution
- Generous annual bonus scheme up to 30%
- 28 days annual leave plus bank holidays, and a holiday buy and sell scheme
- A range 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
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.
Group Finance Manager (Financial Reporting) employer: Ecclesiastical Insurance Group
Contact Detail:
Ecclesiastical Insurance Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Group Finance Manager (Financial Reporting)
✨Tip Number 1
Familiarise yourself with International Financial Reporting Standards (IFRS) and UK GAAP. Understanding these standards will not only help you in the interview but also demonstrate your commitment to the role and your ability to handle the technical aspects of financial reporting.
✨Tip Number 2
Network with professionals in the finance sector, especially those who have experience in financial reporting or work at Benefact Group. Engaging with them on platforms like LinkedIn can provide insights into the company culture and expectations, which can be invaluable during your application process.
✨Tip Number 3
Prepare to discuss your experience with stakeholder management and how you've successfully communicated complex financial information in the past. This is crucial for the Group Finance Manager role, as building relationships with internal and external stakeholders is a key responsibility.
✨Tip Number 4
Research Benefact Group's recent financial reports and any news related to their operations. Being knowledgeable about the company's current standing and future goals will allow you to tailor your discussions and show genuine interest in contributing to their mission.
We think you need these skills to ace Group Finance Manager (Financial Reporting)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial reporting and accounting. Emphasise your qualifications (ACA, ACCA, CIMA) and any specific achievements that align with the responsibilities outlined in the job description.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your skills and experiences make you a perfect fit for the Group Finance Manager position, particularly in areas like stakeholder management and technical accounting.
Showcase Your Technical Knowledge: Demonstrate your understanding of International Financial Reporting Standards and UK GAAP in your application. Mention any relevant experience you have with producing consolidated financial results or working with external auditors.
Highlight Process Improvement Skills: Since the role involves identifying and implementing process improvements, include examples from your past work where you successfully enhanced financial reporting processes or resolved technical accounting issues.
How to prepare for a job interview at Ecclesiastical Insurance Group
✨Understand the Role Thoroughly
Before the interview, make sure you have a solid grasp of the responsibilities and expectations of a Group Finance Manager (Financial Reporting). Familiarise yourself with IFRS standards and the specific financial reporting processes mentioned in the job description.
✨Prepare for Technical Questions
Expect to be asked about your experience with technical accounting areas and how you've handled judgemental accounting issues in the past. Be ready to discuss specific examples that demonstrate your expertise and problem-solving skills.
✨Showcase Your Stakeholder Management Skills
Since the role involves developing relationships with internal and external stakeholders, prepare to discuss how you've successfully managed these relationships in previous roles. Highlight your communication skills and ability to explain complex information clearly.
✨Demonstrate Process Improvement Initiatives
The company values innovation and process improvement. Be prepared to share examples of how you've identified and implemented improvements in financial reporting or accounting processes in your previous positions.
