At a Glance
- Tasks: Manage financial records, support month-end close, and analyse P&L statements.
- Company: Join a dynamic finance team in a leading European company.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Collaborative culture with a focus on innovation and efficiency.
- Why this job: Be part of a transformative finance environment and make a real impact.
- Qualifications: Strong A levels, degree preferred, and accounting qualifications like ACA/ACCA/CIMA.
The predicted salary is between 45000 - 55000 £ per year.
Purpose of the role
The role is in the Europe Finance team, with a focus on;
- Maintaining strong financial control of the general ledger, accurate and timely management information
- Active involvement in the month end close, ensuring revenue and costs are correctly recorded within the specified deadlines.
- Ensuring that the Senior Management are effectively supported by the Finance department
- Timely and accurate analysis of the P&L and movements in certain balance sheet accounts
- Liaising with non-UK European finance teams to assist in reporting of their numbers
- Supporting the Group Finance team with technical accounting issues and implementation of new accounting standards.
- Responsibility for controlling the ledger of one non-UK trading entity, including business partnering with key stakeholders, submitting regulatory returns and preparation of management accounts.
- Reviewing and approving journals produced by the offshore shared services centre
- Managing and liaising with offshore team to further improve efficiencies
- Proactive involvement in implementing our new state of the art ERP system, finding opportunities to improve processes and implement automation
Key responsibilities of the role
- Financial Accounting and Control
- Maintenance of accurate ledgers and ensuring journals are raised in line with policies
- Working with business partners to ensure completeness and accuracy of revenue postings
- Control certain high risk balance sheet areas, production of reconciliations and analytical information to ensure appropriate treatments
- Liaison with external auditors throughout the audit process, as well as external financial support services
- Capitalisation of internally developed software and management of accruals and prepayments,
- Proactive in suggesting improvements in current management information and working with business, IT, other teams, and finance to deliver high quality solutions to meet business needs
- Responsibility for the preparation of statutory accounts for a small number of entities, in accordance with GAAP including supporting schedules for trial balance
- Management Reporting
- Develop strong relationships with relevant stakeholders both within the wider Finance function and the wider business
- Maintain in depth knowledge of the business profile and the wider industry
- Production of timely & accurate management information, including detailed analysis and commentary which are clearly communicated to wider finance team
- Preparation of management accounts including the posting of journal adjustments to our newly implemented financial accounting system, with a mindset of identifying flaws and proposing opportunities to improve the user experience for future roll outs.
Qualifications / Educational Requirements
- Good academic background, with strong A levels
- Educated to degree standard – preferable, but not essential
- Qualified accountant: ACA / ACCA / CIMA
- Relevant Experience
- Accounting and finance related experience gained in industry or in practice
- Experience of preparing a set of financial statements in accordance with UK GAAP or IFRS
- Excellent analytical and relationship building skills
- Ability to thrive in a finance transformational environment and ability to adapt to changes
- Demonstrate controls-based mindset
- Hands-on, solutions-focused approach
- Open to challenge the status quo and where appropriate, develop rounded solutions
- Investigative nature with the desire to learn and improve
- Proven ability to drive changes and implement new policies / processes
- Demonstrate ability to work well as a team
- Experience of working in a high paced deadline driven environment
- Preferable exposure to Financial Services but strong Non-Financial Services considered
- Intermediate to Advanced Excel skills
- #J-18808-Ljbffr
Financial Accountant employer: Lockton Companies
Lockton Companies is an exceptional employer that fosters a collaborative and dynamic work culture in the heart of London. With a strong emphasis on employee growth, we offer comprehensive training and development opportunities, ensuring that our team members thrive in their careers while contributing to meaningful client outcomes. Our commitment to regulatory compliance and internal controls not only enhances our operational excellence but also creates a supportive environment where every employee can build lasting relationships with clients and colleagues alike.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Accountant
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Lockton Companies. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Financial Accountant
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Lockton Companies.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Lockton Companies's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Lockton Companies
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Lockton Companies.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Lockton Companies will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Lockton Companies employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
