Group Accountant – IFRS in Haywards Heath

Group Accountant – IFRS in Haywards Heath

Haywards Heath Full-Time 55000 - 65000 £ / year (est.) No working from home possible
First Central Services UK Ltd

At a Glance

  • Tasks: Join our Finance Team to deliver accurate IFRS reporting and improve processes.
  • Company: 1st Central, a leading insurance company focused on smart data and technology.
  • Benefits: Competitive salary, great work environment, and opportunities for professional growth.
  • Other info: Dynamic team culture with a focus on process improvement and career development.
  • Why this job: Make a real impact in a fast-paced, innovative finance role.
  • Qualifications: Accounting qualification with experience in group accounting and IFRS reporting.

The predicted salary is between 55000 - 65000 £ 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. 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.

Responsibilities

  • Complete IFRS month‐end close process within the outlined timetable in a controlled and accurate manner.
  • Liaise with other teams, including IFRS Reserving and FP&A, to ensure all inputs and outputs are complete on time.
  • Ensure appropriate financial risk management across the function through proportionate controls and oversight of all allocated tasks.
  • Prepare balance sheet reconciliations, schedules and notes to ensure the monthly and annual accounts represent a true and fair view of the business performance.
  • Perform analytical review of balance sheet items to ensure business performance is appropriately reflected in the Group financial statements.
  • Investigate reconciliation deficiencies, ensuring appropriate escalation and business engagement is achieved.
  • Ensure all IFRS consolidation adjustments, including retail revenue, insurance and reinsurance, are accounted for appropriately.
  • Prepare accounting inputs for use in ADP and check the output of ADP is correct prior to being posted into the general ledger.
  • Prepare monthly management accounts including analytical review.
  • Prepare the Group's IFRS financial statements, Board papers and any other reporting as required.
  • Assist the Group auditors to ensure that the year‐end audit process runs smoothly.
  • Prepare accounting memos and discussion papers relating to the commercial and operating activity of the Group.
  • Drive and support process improvements across the function, including system developments, strengthening of controls, documentation and efficiencies.
  • Ensure second line financial reconciliation activities are both efficient and effective with FCG.
  • Conduct colleague management duties.
  • Maintain department risk registers, providing evidence and commentary for controls, updates for Mitigation Actions and maintaining control matrices and attestations.

Qualifications

  • An accounting qualification and experience in group accounting and reporting.
  • Strong analytical skills and ability to drive process improvement.
  • Agile approach to project management and able to rapidly react to changes in business priorities.

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 organisational skills.
  • Good time management and organisational 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.
  • 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 in Haywards Heath employer: First Central Services UK Ltd

At 1st Central, we pride ourselves on being a dynamic and innovative employer in the insurance sector, located in the picturesque Haywards Heath, West Sussex. Our collaborative work culture fosters professional growth and development, offering employees the chance to enhance their skills while contributing to meaningful projects that impact our 1.4 million customers. With a focus on process improvement and a supportive environment, we empower our team members to thrive and succeed in their careers.

First Central Services UK Ltd

Contact Details:

First Central Services UK Ltd Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Group Accountant – IFRS in Haywards Heath

Tip Number 1

Network like a pro! Reach out to people in the finance and accounting sectors, especially those who work in IFRS. A friendly chat can lead to insider info about job openings or even a referral.

Tip Number 2

Prepare for interviews by brushing up on your IFRS knowledge and recent changes in regulations. We want you to be the go-to person for all things accounting during your interview!

Tip Number 3

Showcase your analytical skills! Bring examples of how you've driven process improvements in past roles. This will help you stand out as someone who can add real value to the team.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our awesome team at 1st Central.

We think you need these skills to ace Group Accountant – IFRS in Haywards Heath

IFRS Reporting
Financial Risk Management
Balance Sheet Reconciliation
Analytical Review
Reconciliation Investigation
Consolidation Adjustments
Management Accounts Preparation

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Group Accountant role. Highlight your IFRS experience and any relevant qualifications like ACCA, ACA, 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 the perfect fit for our Finance Team. Mention specific experiences that demonstrate your analytical skills and ability to drive process improvements.

Showcase Your Communication Skills:Since good communication is key in this role, make sure your application reflects your verbal and written skills. We love clear, concise language that gets straight to the point—just like we do with our customers!

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 shows you’re keen on joining our team at 1st Central!

How to prepare for a job interview at First Central Services UK Ltd

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 basics, but that you can handle the complexities of IFRS reporting.

Showcase Your Analytical Skills

Since strong analytical skills are crucial for this role, come ready with examples of how you've used these skills in past positions. Whether it’s through preparing balance sheet reconciliations or conducting analytical reviews, having concrete examples will demonstrate your capability.

Demonstrate Your Process Improvement Mindset

1st Central values process improvements, so think of instances where you’ve driven efficiencies in your previous roles. Be ready to discuss how you identified issues, proposed solutions, and implemented changes that benefited your team or organisation.

Prepare for Scenario-Based Questions

Expect questions that assess your ability to handle pressure and manage multiple priorities. Prepare for scenario-based questions where you might need to explain how you would react to tight deadlines or unexpected challenges in financial reporting.