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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 technical accounting experience.
- 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.
If you are interested in applying for this vacancy, please send your CV with COVER NOTE explaining why you are suitable for the role, and salary details/expectations.
We offer an excellent compensation and benefits package which includes:
- 30 days holiday
- Non contributory pension
- Private Health Insurance
- Personal travel insurance
- Dental cover
- Generous family friendly policies
To understand how we collect, share and use personal information about you, please see our Privacy Notice - Global Data Privacy Notice for Applicants.
Assistant Financial Controller in Telford 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 Telford
✨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 with confidence.
✨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 benefit their finance team.
We think you need these skills to ace Assistant Financial Controller in Telford
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 this role requires a keen eye for detail, make sure your application is free from typos and errors. We appreciate candidates who take the time to present their work professionally!
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 the role. Plus, it’s super easy!
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
As an Assistant Financial Controller, attention to detail is key. Prepare examples of how you've successfully managed balance sheet reconciliations or resolved discrepancies in financial data. This will demonstrate your meticulous nature.
✨Prepare for Technical Questions
Expect technical questions related to statutory reporting and financial controls. Review common scenarios and be prepared to explain how you would handle them, showcasing your problem-solving skills and compliance knowledge.
✨Emphasise Team Collaboration
This role involves working closely with various departments. Be ready to share experiences where you've collaborated effectively with others, provided training, or fostered a positive team environment. It shows you're a team player!