Group Financial Reporting Accountant

Group Financial Reporting Accountant

Bexhill-on-Sea Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Join our finance team to manage technical accounting and external financial reporting.
  • Company: Hastings Direct is a leading digital insurance provider in the UK, focused on innovation and growth.
  • Benefits: Enjoy flexible working, competitive bonuses, private medical insurance, and 27 days annual leave.
  • Why this job: Be part of a dynamic team that values culture, development, and community impact.
  • Qualifications: Qualified accountant (ACA/ACCA) with experience in financial instruments accounting and strategic analysis.
  • Other info: We promote inclusivity and support throughout the recruitment process.

The predicted salary is between 36000 - 60000 £ per year.

Job Title: Group Financial Reporting Accountant

Location: Bexhill/Hybrid

Welcome to Hastings Direct

We\’re a digital insurance provider with a clear strategy to become the best and biggest player in the UK market. As a company, we\’ve made huge investments in our technology, pricing, data and analytics capabilities over the past few years, along with nurturing our 4Cs culture and substantial investment in our people.

And as a Finance team, we\’re doing exactly the same – building a market leading finance technology platform, investing in our team and our approach to leadership development, with a real focus on commercially adding value to the business.

The fact you\’re now reading this job advert means we\’ve tempted you to find out more about #lifeatHD. If you like what you see, we hope you\’ll consider joining our team.

We have high standards and understand some people may not apply for jobs unless they feel they tick every box. If you\’re excited about joining us and think you have some of what we are looking for, even if you\’re not 100% sure, we would love to hear from you.

Role overview

The Group Financial Reporting (GFR) team manages the Group\’s technical accounting, accounting policy development and external financial reporting. The team\’s responsibilities include quarterly results, annual statutory, quarterly FCA regulatory and Solvency II reporting and contributing to the Sampo Group\’s external investor relations reporting.

In addition, the GFR team analyses competitor results in real time, producing summary reports for the Hastings group executive committee and strategy group. Outside of investor relations and rating agency responsibilities, the GFR team is responsible for the group\’s half year and annual covenant certification and reporting with respect to the group\’s revolving credit facility as well as supports the operational and management accounting teams for Hastings fast growing retail lending business.

Job details – you\’ll need to have demonstrable experience in:

  • Engaging with finance, non-finance colleagues, departmental heads, senior management and c-suite executives as part of obtaining and validating the data, financial and non-financial information and messaging for inclusive in the respective communication packs
  • Providing performance and competitor insights to the Hastings executive committee and strategy group by producing financial and strategic analysis and a summary report of competitor results in real time
  • Producing the Hastings quarterly S&P capital model, ensuring that the financial and commercial implications are noted and explained
  • Owning the product of the annual reporting and accounts for Hastings and any other allocated subsidiaries including responding and correctly closing queries raised from internal governance and external auditors
  • Providing technical accounting advice with particular focus on IFRS 9 primarily to the accounting operations team and develop accounting policy in relation to new transactions and products
  • Supporting the monthly close process for the management accounts and the consolidation of HFSL and results into the Group results, ensuring that the Company and Group accounting policies are accurately applied to the management accounts

Essential skills/experience:

  • Diligent, qualified accountant (ACA/ACCA) with a strong mix of technical and commercial accounting experience – with recent UK publicly listed company experience of producing front half (strategic report) of the group consolidated annual reports
  • Deep technical experience of financial instruments accounting (IFRS 9) for a lending company
  • Commercially astute and able to consider and demonstrate the strategic importance of internal developments

The interview process:

Our interview process involves the below:

  • Recruiter screening call
  • 1st stage interview with hiring leader
  • 2nd interview with hiring leaders leader

As a Disability Confident employer, we\’re committed to ensuring our recruitment processes are fully inclusive – what this means to you is if you\’re applying for a job with us, you\’ll have fair access to support and adjustments throughout your recruitment journey. We also welcome applications through the Disability Confident Scheme (DCS).For more information on the DCS, please visit our inclusive business page on our careers website

Regrettably we are unable to offer sponsorship for this role.

Benefits: in addition to a competitive salary and £5k car allowance you will also receive…

Flexible working – we champion a flexible hybrid working approach – please speak to your recruiter to discuss in more detail

Competitive bonus scheme – all colleagues are eligible for our annual 4Cs performance bonus

Physical wellbeing – as a Band 4 colleague, Hastings pay for you to receive private medical Insurance (also known as PMI). This gives you flexibility and convenience to see a specialist or consultant and allows you to decide when and where you will be seen

Financial wellbeing – as well as providing you with 4x your salary with our life assurance cover, income protection at no extra cost, and matched pension contributions up to 10%, we are proud to provide you with an award winning package which includes – discounts, cashback, free independent mortgage advice and free access to financial wellbeing support

Mental wellbeing programme – we have the thrive mental health app, our colleague assistance programme available 24/7, our own in-house mental health first aiders, support groups and a dedicated team to make sure we are covering your needs

There\’s more! – 27 days annual leave + bank holidays, with the option to buy or sell one of your weeks, access to our health care cash back plans, dental plans, discounted health assessments, Cycle to work and tech schemes, discounted and free onsite facilities, social events throughout the year and much more ….

Join us and you\’ll find a different way of doing things. We call it the 4Cs. We focus on getting it right for our colleagues, customers, company and community. As one of our colleagues, you\’ll be helping to drive our growth, so in return, we\’ll give you all the support, training and development you need. Our 4Cs principles are simple: we believe by creating the right culture for our colleagues and giving them the right tools to do their job, we\’ll deliver good outcomes for every customer, helping us to grow the company profitably and sustainably and allowing us to invest in the communities we serve.

At Hastings Direct, we\’re committed to creating an inclusive environment where everyone has the opportunity to succeed. If you require any reasonable adjustments during the recruitment process, we encourage you to be open with us. Our recruitment team is here to provide the support you need to ensure a fair and accessible experience for all.

Job posting end date:

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Group Financial Reporting Accountant employer: Hastings Insurance Services Ltd

Hastings Direct is an exceptional employer, offering a dynamic work environment in Bexhill with a strong focus on employee development and well-being. With flexible hybrid working options, competitive bonuses, and comprehensive health benefits, we prioritise our colleagues' growth and mental health. Join us to be part of a culture that values innovation and community impact, while contributing to our mission of becoming the leading digital insurance provider in the UK.
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Contact Detail:

Hastings Insurance Services Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Group Financial Reporting Accountant

✨Tip Number 1

Familiarise yourself with IFRS 9 and its implications for financial instruments, as this is a key requirement for the role. Being able to discuss recent developments or case studies related to IFRS 9 during your interview will demonstrate your expertise and readiness for the position.

✨Tip Number 2

Prepare to showcase your experience in producing consolidated annual reports, particularly the strategic report. Think of specific examples where you contributed to these reports and be ready to explain your role and the impact of your work.

✨Tip Number 3

Research Hastings Direct and their recent performance in the insurance market. Understanding their business model and how they leverage technology and data analytics will help you align your answers with their strategic goals during the interview.

✨Tip Number 4

Practice articulating how you engage with various stakeholders, including finance and non-finance colleagues. Be prepared to share examples of how you've successfully communicated complex financial information to different audiences, as this is crucial for the role.

We think you need these skills to ace Group Financial Reporting Accountant

Qualified Accountant (ACA/ACCA)
Technical Accounting Expertise
IFRS 9 Knowledge
Financial Reporting Skills
Commercial Awareness
Data Analysis and Interpretation
Stakeholder Engagement
Performance Analysis
Competitor Analysis
Communication Skills
Attention to Detail
Problem-Solving Skills
Project Management
Ability to Work Under Pressure

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in financial reporting and technical accounting, particularly with IFRS 9. Use specific examples that demonstrate your ability to engage with various stakeholders and produce strategic analysis.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your skills align with the responsibilities outlined in the job description, especially your experience with UK publicly listed companies and producing annual reports.

Highlight Relevant Skills: Clearly outline your qualifications, such as being a qualified accountant (ACA/ACCA) and your technical expertise in financial instruments accounting. Emphasise your commercial acumen and ability to provide insights to senior management.

Proofread Your Application: Before submitting, carefully proofread your application materials for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial for a financial reporting role.

How to prepare for a job interview at Hastings Insurance Services Ltd

✨Understand the Role

Make sure you have a solid grasp of the Group Financial Reporting Accountant role. Familiarise yourself with key responsibilities such as technical accounting, IFRS 9, and financial reporting. This will help you answer questions confidently and demonstrate your suitability for the position.

✨Showcase Your Technical Skills

Prepare to discuss your experience with financial instruments accounting and any relevant projects you've worked on. Be ready to explain how your technical skills can add value to the team, especially in relation to producing annual reports and managing financial data.

✨Engage with the Interviewers

During the interview, engage actively with the hiring leaders. Ask insightful questions about the company's finance technology platform and how the GFR team contributes to the overall strategy. This shows your interest in the role and helps you assess if it's the right fit for you.

✨Demonstrate Commercial Awareness

Highlight your understanding of the commercial aspects of finance. Discuss how you can provide performance insights and competitor analysis that align with Hastings Direct's goals. This will showcase your ability to think strategically and contribute to the company's growth.

Group Financial Reporting Accountant
Hastings Insurance Services Ltd
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