Lead Business Analyst
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Lead Business Analyst

Full-Time 43200 - 72000 £ / year (est.) No home office possible
Apply now
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At a Glance

  • Tasks: Lead analysis of legislation changes and document software compliance needs.
  • Company: Join a dynamic team focused on innovative software solutions for financial compliance.
  • Benefits: Enjoy remote work flexibility and a competitive salary package.
  • Why this job: Be part of a collaborative culture that values your analytical skills and offers impactful work.
  • Qualifications: ACCA/ICAEW/AAT or equivalent accounting qualification preferred.
  • Other info: Apply quickly as we may close applications early due to high interest.

The predicted salary is between 43200 - 72000 £ per year.

The successful candidate will be working closely with the Product Management and Engineering teams to analyse changes in legislation and government procedures. The role will require interpreting those changes and documenting how our different software solutions will need to be altered to ensure compliance is maintained for our customers. We are looking for an expert in the preparation of annual financial statements for different entities, different accounting standards and different accounting body recommendations.

Responsibilities:

  • Using tooling to define under what circumstances figures and wording appears on the reports
  • Tagging the reports with mandatory iXBRL tags
  • Delivering the functionality to produce compliant accounts from the software
  • Collaborating with Product Owners, Engineers & Agile Teams
  • Providing statutory accounts knowledge and experience to our engineering teams

Relationship:

  • Product Owner
  • Scrum Master
  • Business Analysts
  • Software Engineers
  • Quality Engineers
  • Documentation Authors
  • Product Management

Qualification:

ACCA / ICAEW / AAT or equivalent Accounting qualification desirable

Experience:

  • Strong general accounting knowledge, including but not limited to:
  • Preparation of annual financial statements for different entities (LTD's, Partnerships, Groups, Charities)
  • Legalities of different business types
  • Statutory requirements for submitting documents to the Government
  • Companies Act requirements of annual accounts
  • Understanding of (UK) Financial Reporting Standards, SORP’s, Accounting body recommendations
  • IFRS/IAS (International accounting standards)
  • Excellent understanding of data flows
  • Background in report writing in a BI/MI tool
  • Excellent analytical skills and logical mindset
  • Ability to communicate with accountants and non-accountants in terms they understand

Competencies:

  • Excellent Analytical skills
  • Strong written and verbal communication skills
  • Strong UK Tax Expertise
  • IT skills including installing software

Please note: We occasionally close vacancies early in the event that we receive a high volume of applications. Therefore we recommend you apply as soon as possible.

For UK candidates only: Please note we are only able to accept candidates that are permanent UK residents or have proven permanent right to work in the UK.

Lead Business Analyst employer: IRIS - Networx Services

As a Lead Business Analyst at our company, you will thrive in a dynamic UK remote work environment that champions collaboration and innovation. We offer competitive salaries, a supportive work culture that prioritises employee growth through continuous learning opportunities, and the chance to make a meaningful impact by ensuring compliance for our customers. Join us to be part of a team that values your expertise and fosters a sense of belonging while navigating the complexities of financial reporting.
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Contact Detail:

IRIS - Networx Services Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Lead Business Analyst

✨Tip Number 1

Familiarise yourself with the latest UK Financial Reporting Standards and Companies Act requirements. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in the field.

✨Tip Number 2

Network with professionals in the accounting and business analysis sectors. Engaging with others in the industry can provide insights into the role and may even lead to referrals, increasing your chances of landing the job.

✨Tip Number 3

Brush up on your report writing skills, especially in BI/MI tools. Being able to showcase your ability to produce compliant accounts and interpret data effectively will set you apart from other candidates.

✨Tip Number 4

Prepare for potential technical assessments or case studies during the interview process. Practising how to analyse changes in legislation and document software alterations will help you feel more confident and ready to impress.

We think you need these skills to ace Lead Business Analyst

Strong General Accounting Knowledge
Preparation of Annual Financial Statements
Understanding of UK Financial Reporting Standards
Knowledge of Statutory Requirements
Experience with iXBRL Tagging
Excellent Analytical Skills
Report Writing in BI/MI Tools
Strong Written and Verbal Communication Skills
Ability to Communicate with Accountants and Non-Accountants
Collaboration with Product Owners and Engineering Teams
Understanding of IFRS/IAS
Strong UK Tax Expertise
IT Skills including Software Installation
Attention to Detail
Logical Mindset

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in preparing annual financial statements and your understanding of UK Financial Reporting Standards. Use specific examples that demonstrate your analytical skills and ability to communicate complex information clearly.

Craft a Compelling Cover Letter: In your cover letter, explain why you are the ideal candidate for the Lead Business Analyst role. Mention your relevant qualifications, such as ACCA or ICAEW, and how your background aligns with the responsibilities outlined in the job description.

Showcase Relevant Experience: When detailing your work experience, focus on roles where you collaborated with product teams or worked on compliance-related projects. Highlight any experience with iXBRL tagging and report writing in BI/MI tools.

Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail, which is crucial for a role that involves compliance and reporting.

How to prepare for a job interview at IRIS - Networx Services

✨Showcase Your Accounting Expertise

Be prepared to discuss your experience with preparing annual financial statements and your understanding of different accounting standards. Highlight specific examples where you've successfully navigated complex legalities or statutory requirements.

✨Demonstrate Analytical Skills

Since the role requires excellent analytical skills, come ready to solve a case study or provide insights on how you would approach analysing changes in legislation. This will showcase your logical mindset and problem-solving abilities.

✨Communicate Effectively

Practice explaining complex accounting concepts in simple terms. You’ll need to communicate with both accountants and non-accountants, so demonstrating your ability to tailor your communication style is crucial.

✨Familiarise Yourself with Relevant Tools

Research the BI/MI tools commonly used in the industry and be ready to discuss your experience with them. If you have experience tagging reports with iXBRL tags, make sure to mention it as it’s directly relevant to the role.

Lead Business Analyst
IRIS - Networx Services
Apply now
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