At a Glance
- Tasks: Deliver accurate IFRS reporting and improve financial processes in a dynamic finance team.
- Company: Join 1st Central, an award-winning insurance company with a focus on innovation.
- Benefits: Enjoy flexible working, competitive salary, and a supportive work environment.
- Other info: Great career growth opportunities in a collaborative and fast-paced environment.
- Why this job: Make a real impact by driving accuracy and efficiency in financial reporting.
- Qualifications: Qualified accountant with experience in group accounting and strong analytical skills.
The predicted salary is between 50000 - 60000 € per year.
We're 1st Central, a market-leading insurance company utilising smart data and technology at pace. Rapid growth has been based on giving our 1.4 million customers exactly what they want: great value insurance with an excellent service. And that's the same for our colleagues too; we won Insurance Employer of the Year at the British Insurance Awards 2024 and our Glassdoor score is pretty mega too!
If you enjoy working with complex data, adding value through insight, and making sure the numbers tell the right story, this could be a great next step.
We're looking for a Group Accountant - IFRS to join our Finance Team in Haywards Heath, West Sussex. You'll play a key role in delivering accurate, timely IFRS reporting while helping to strengthen controls and improve processes. It's a varied role, covering everything from month-end and financial statements to audit support and continuous improvement. You'll work closely with teams across the business, using your analytical mindset and technical expertise to drive accuracy, efficiency, and better ways of working. Working flexibly, you'll spend 4 days at home and 1 day in the Haywards Heath office - if you prefer to be in the office more that's good with us too.
We're looking for someone who has:
- An accounting qualification and experience in group accounting and reporting
- Strong analytical skills and ability to drive process improvement
- An agile approach to project management and able to rapidly react to changes in business priorities
What's involved:
- You'll complete IFRS month end close process within the outlined timetable in a controlled and accurate manner
- You'll liaise with other teams, including IFRS Reserving and FP&A, to ensure all inputs and outputs are complete on time.
- You'll ensure appropriate financial risk management across the function through proportionate controls and oversight of all allocated tasks
- You'll prepare balance sheet reconciliations, schedules and notes to ensure the monthly and annual accounts represent a true and fair view of the business performance
- You'll perform analytical review of balance sheet items to ensure business performance is appropriately reflected in the Group financial statements
- You'll investigate reconciliation deficiencies, ensuring appropriate escalation and business engagement is achieved
- You'll ensure all IFRS consolidation adjustments, including retail revenue, insurance and reinsurance, are accounted for appropriately
- You'll prepare accounting inputs for use in ADP and checking the output of ADP is correct prior to being posted into the general ledger
- You'll prepare monthly management accounts including analytical review
- You'll prepare the Group's IFRS financial statements, Board papers and any other reporting as required
- You'll assist the Group auditors to ensure that the year-end audit process runs smoothly
- You'll prepare accounting memos and discussion papers relating to the commercial and operating activity of the Group
- You'll drive and support process improvements across the function, including system developments, strengthening of controls, documentation and efficiencies
- You'll ensure second line financial reconciliation activities are both efficient and effective with FCG
- You'll conduct colleague management duties
- You'll maintain department risk registers, providing evidence and commentary for controls, updates for Mitigation Actions and maintaining control matrices and attestations. Also, to ensure that your team are aware of their responsibility to identify and report risk
Experience & knowledge:
- Experience in an IFRS group accounting function or IFRS audit experience
- Previous experience in a regulated group, financial services or insurance (desirable)
- Qualified accountant ACCA / ACA or CIMA
Skills:
- Good communication skills, both verbal and written
- Strong analytical skills and ability to drive process improvement, based upon analysis of data
- Strong mathematical, analytical, communication, and organisation skills
- Good time management and organisation skills
- Proficient in Microsoft applications
- Ability to work effectively under pressure and think clearly and logically in difficult situations
Behaviours:
- Results driven with a constant eye on the detail but understand the audience
- Empathetic approach with an ability to get the best out of a wide range of stakeholders
- A driven attitude to deliver controlled change and rapidly overcome obstacles
- An agile approach to project management and able to rapidly react to changes in business priorities to take advantage of emerging business and customer opportunities
- Self-motivated and enthusiastic
- An organised and proactive approach
- Ability to work on own initiative and as part of a team
- A flexible approach and positive attitude
- Strives to drive business improvements to contribute to the success of the business
Group Accountant - IFRS employer: First Central Insurance & Technology Group
At 1st Central, we pride ourselves on being a top employer in the insurance sector, recognised as Insurance Employer of the Year at the British Insurance Awards 2024. Our vibrant work culture in Haywards Heath promotes flexibility, allowing you to work from home four days a week while still enjoying collaborative office time. With a strong focus on employee growth and development, we offer opportunities to enhance your skills in a supportive environment, making it an ideal place for those seeking meaningful and rewarding careers.
Contact Detail:
First Central Insurance & Technology Group Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Group Accountant - IFRS
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and accounting sectors. Attend industry events or webinars, and don’t be shy about asking for introductions. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by practising common questions related to IFRS and group accounting. Use the STAR method (Situation, Task, Action, Result) to structure your answers. This will help you showcase your analytical skills and process improvement experience effectively.
✨Tip Number 3
Showcase your technical expertise! Bring along examples of your previous work, like financial statements or reports you've prepared. This will demonstrate your ability to drive accuracy and efficiency, which is key for the Group Accountant role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged with our company. Let’s get you that dream job!
We think you need these skills to ace Group Accountant - IFRS
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Group Accountant role. Highlight your accounting qualifications and relevant experience in IFRS reporting. 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 this role and how your analytical mindset can add value to our Finance Team. Keep it engaging and personal, so we get a sense of who you are.
Showcase Your Analytical Skills:Since this role involves working with complex data, make sure to showcase your analytical skills in your application. Provide examples of how you've driven process improvements or tackled challenges in previous roles. We love seeing real-life applications!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at First Central Insurance & Technology Group
✨Know Your IFRS Inside Out
Make sure you brush up on your IFRS knowledge before the interview. Be prepared to discuss specific standards and how they apply to group accounting. This will show that you’re not just familiar with the concepts but can also apply them practically.
✨Showcase Your Analytical Skills
Prepare examples of how you've used your analytical skills to drive process improvements in previous roles. Think about specific situations where your insights led to better decision-making or efficiency gains, as this aligns perfectly with what they're looking for.
✨Demonstrate Your Communication Prowess
Since you'll be liaising with various teams, practice articulating complex financial information clearly and concisely. You might even want to prepare a few scenarios where you successfully communicated financial insights to non-financial stakeholders.
✨Be Ready for Scenario-Based Questions
Expect questions that assess your problem-solving abilities under pressure. Prepare for scenario-based questions where you might need to explain how you would handle tight deadlines or unexpected changes in business priorities, showcasing your agile approach.