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- Tasks: Manage group accounting and financial reporting for a dynamic AI company.
- Company: Join a rapidly growing privately-owned AI firm with a £75m turnover.
- Benefits: Enjoy flexible working with 2 days in Central London and competitive salary.
- Why this job: Be part of a forward-thinking team, making impactful contributions in finance.
- Qualifications: Must be a fully qualified accountant with strong technical and communication skills.
- Other info: Opportunity to work internationally and engage with diverse cultures.
The predicted salary is between 42000 - 84000 £ per year.
Finatal is working with a 75m turnover privately-owned AI company who are looking for a Group Accountant to join their team. You will have overall responsibility for the accounting and financial reporting in the Group. You will be an important contributor on both administrative and operational matters related to the Group accounts.
Responsibilities:
- Gathering the accounting data from Group entities monthly, ensuring the group reporting deadlines are clearly communicated and met.
- Ensuring the local data is complete, consistently reported and mapped to the Group chart of accounts to allow meaningful analysis and comparison.
- Managing the monthly intercompany reconciliation process, investigating and resolving differences between the various entities.
- Supporting consolidated revenue reporting, ensuring monthly reported numbers are reconciled across the Group.
- Supporting the establishment and implementation of Group accounting, reporting and control policies across the Group, ensuring their consistent application across all subsidiaries (e.g. revenue and cost recognition, foreign exchange transactions, activity-based costing etc.).
- Assisting with external audits and coordination of information.
- Quarterly covenant checks and other compliance reporting.
- Support budget and forecast process, monitoring spend vs budget and understanding variances.
- Doing ad-hoc reviews on different areas of spend depending on business needs.
- Getting involved in the accounting of certain key areas such as investments, leases and hedging.
- Monitor cash flow to ensure we can meet the business requirements and utilise funds in the most efficient manner.
- Be involved and support the implementation of new reporting related systems across the Group.
Requirements:
- Fully qualified accountant (ACA/ ACCA/ CIMA).
- Strong technical skills and experience with UK GAAP, FRS 102 and IFRS standards.
- Strong excel skills, experience with data manipulation and wrangling.
- Be meticulous, thorough, and able to spot discrepancies.
- Exceptional communication skills, report writing and presentation skills and be able to communicate to a range of people including non-finance and also in other countries.
- The position will work across an international footprint and will therefore need to work closely with individuals from various cultures and backgrounds so foreign language skills would be an advantage to the role.
Group Accountant employer: Finatal
Contact Detail:
Finatal Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Group Accountant
✨Tip Number 1
Network with professionals in the finance and accounting sector, especially those who have experience in AI companies. Attend industry events or webinars to connect with potential colleagues and learn more about the company culture.
✨Tip Number 2
Familiarise yourself with the latest developments in UK GAAP, FRS 102, and IFRS standards. Being well-versed in these regulations will not only boost your confidence but also demonstrate your commitment to staying updated in your field.
✨Tip Number 3
Prepare to discuss your experience with intercompany reconciliations and how you've handled discrepancies in the past. Be ready to provide specific examples that showcase your problem-solving skills and attention to detail.
✨Tip Number 4
Highlight any experience you have with implementing new reporting systems or processes. This will show your proactive approach and ability to adapt to changes, which is crucial for a role that involves supporting the establishment of Group accounting policies.
We think you need these skills to ace Group Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your qualifications as a fully qualified accountant (ACA/ACCA/CIMA) and showcases your experience with UK GAAP, FRS 102, and IFRS standards. Emphasise your strong technical skills and any relevant achievements in previous roles.
Craft a Compelling Cover Letter: Write a cover letter that specifically addresses the responsibilities listed in the job description. Mention your experience with financial reporting, intercompany reconciliations, and compliance reporting. Use examples to demonstrate your meticulous nature and exceptional communication skills.
Highlight Relevant Skills: In your application, be sure to highlight your strong Excel skills and experience with data manipulation. If you have foreign language skills, mention them as they could be advantageous for this role, especially given the international aspect of the position.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or discrepancies. A well-presented application reflects your attention to detail, which is crucial for a Group Accountant role.
How to prepare for a job interview at Finatal
✨Showcase Your Technical Skills
As a Group Accountant, you'll need to demonstrate your strong technical skills in UK GAAP, FRS 102, and IFRS standards. Be prepared to discuss specific examples from your past experience where you've applied these standards effectively.
✨Highlight Your Communication Abilities
Exceptional communication skills are crucial for this role. Practice explaining complex financial concepts in simple terms, as you may need to present to non-finance colleagues or stakeholders from different cultures.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities, especially regarding intercompany reconciliations and compliance reporting. Think of situations where you've successfully resolved discrepancies or improved processes.
✨Demonstrate Your Attention to Detail
Being meticulous is key for a Group Accountant. Prepare to discuss how you ensure accuracy in your work, perhaps by sharing examples of how you've identified and corrected errors in financial reports or data.
