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- Tasks: Manage technical accounting and ensure compliance with financial regulations.
- Company: Join a dynamic finance team in a reputable organisation.
- Benefits: 30 days holiday, private health insurance, and generous family-friendly policies.
- Why this job: Make an impact by ensuring accurate financial reporting and compliance.
- Qualifications: Strong understanding of IFRS standards and financial regulations.
- Other info: Collaborative environment with opportunities for professional growth.
The predicted salary is between 50000 - 60000 £ per year.
We are seeking a highly skilled and detail-oriented Assistant Financial Controller to join our finance team. The successful candidate will be responsible for technical accounting, including IFRS 9 derivative accounting, implementation of financial controls, balance sheet substantiation, and statutory reporting. This role requires a strong understanding of financial regulations and the ability to ensure compliance with all relevant standards.
Duties and Responsibilities
- Technical Accounting: Manage and oversee the application of IFRS 9 for derivative accounting, including cash flow hedge accounting. Ensure accurate and timely reporting of financial data in compliance with IFRS standards, including lease and tax accounting. Provide technical accounting guidance and support to the finance team. Liaise with external auditors to provide evidence of the application of IFRS standards in the accounting practices of the department.
- Balance Sheet Substantiation: Perform monthly, quarterly, and annual balance sheet reconciliations. Investigate and resolve discrepancies in a timely manner. Maintain accurate and up-to-date records of all financial transactions, substantiating with external evidence where possible.
- Statutory Reporting: Prepare and submit statutory financial statements in compliance with local regulations. Ensuring timely and accurate filing of all statutory reports. Liaise with external auditors as required in the reporting preparation and validation. Develop the statutory reporting in response to new standard requirements including IFRS S1 / S2.
- Implementation of Financial Controls: Develop, implement, and monitor financial controls to safeguard company assets. Conduct regular reviews and assessments of financial processes to identify areas for improvement. Ensure compliance with internal policies and external regulations.
- Team Collaboration: Work closely with other departments to ensure accurate financial reporting and compliance. Provide training and support to junior finance staff. Foster a collaborative and positive working environment.
We offer an excellent compensation and benefits package which includes: 30 days holiday, non-contributory pension, private health insurance, personal travel insurance, dental cover, and generous family-friendly policies.
Assistant Financial Controller in Bedford employer: GIB Asset Management
Contact Detail:
GIB Asset Management Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Financial Controller in Bedford
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world and let them know you're on the hunt for an Assistant Financial Controller role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on IFRS standards and technical accounting principles. We recommend practising common interview questions related to financial controls and statutory reporting so you can showcase your expertise confidently.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Check out our website for openings that match your skills, and tailor your approach to each company’s culture and mission.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Use this opportunity to reiterate your interest in the role and highlight how your skills can contribute to their finance team.
We think you need these skills to ace Assistant Financial Controller in Bedford
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience with IFRS 9 and technical accounting. We want to see how your skills match the role, so don’t be shy about showcasing your relevant achievements!
Craft a Compelling Cover Note: Your cover note is your chance to shine! Explain why you’re the perfect fit for the Assistant Financial Controller position. Be specific about your experience with financial controls and statutory reporting.
Showcase Your Attention to Detail: As an Assistant Financial Controller, attention to detail is key. Use your application to demonstrate how you've successfully managed financial data and resolved discrepancies in the past.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity!
How to prepare for a job interview at GIB Asset Management
✨Know Your IFRS Inside Out
Make sure you brush up on IFRS 9 and other relevant standards before the interview. Be ready to discuss how you've applied these in past roles, especially in derivative accounting and cash flow hedge accounting.
✨Showcase Your Attention to Detail
Prepare examples that highlight your meticulousness in financial reporting and balance sheet substantiation. Discuss any discrepancies you've resolved and how you maintain accurate records.
✨Demonstrate Your Compliance Knowledge
Be prepared to talk about your understanding of financial regulations and how you've ensured compliance in previous positions. This could include your experience with statutory reporting and liaising with auditors.
✨Emphasise Team Collaboration
Since this role involves working closely with other departments, think of examples where you've fostered collaboration. Highlight any training or support you've provided to junior staff to show your team spirit.