At a Glance
- Tasks: Manage month-end close processes and ensure compliance with accounting standards.
- Company: Join Network Plus, an award-winning utility and infrastructure services provider.
- Benefits: Competitive salary, full benefits package, and a commitment to diversity.
- Other info: Inclusive environment where every contribution is valued and celebrated.
- Why this job: Build relationships with senior stakeholders and drive meaningful process improvements.
- Qualifications: Qualified accountant with strong analytical skills and experience in large businesses.
The predicted salary is between 50000 - 60000 £ per year.
We are looking for a Group Accountant to join our Group Finance team. You will be responsible for managing the overall month end close process, this includes ensuring all month end tasks are completed by the wider team, accounting is aligned to FRS 102 standards and reviewing balance sheet reconciliations. You will also be responsible for analysis and reconciliations between the monthly and weekly reporting outputs of the group and understanding and presenting this analysis to the wider business and SLT. This role provides a great opportunity to build relationships with senior stakeholders across the business and drive process improvement.
Key Responsibilities
- Ensure the month end close tasks are completed within the agreed reporting deadline
- Ensure accounting entries are in line with latest FRS 102 accounting standards, and implementing new processes where gaps are identified
- Be a point of contact for audit requests and queries
- Produce variance analysis between the weekly reporting outputs and monthly management accounts, and working with the commercial finance team to reduce variances identified
- Identify and manage risks and opportunities in reported results
- Prepare and own the Finance Risk Register, working with other finance departments to identify risks and mitigating controls
- Own the month end balance sheet reconciliations, ensuring all are completed within agreed deadlines and review of certain reconciliations
- Support ad hoc projects as designated
- Proactively identify improvements (through root cause analysis), making recommendations and successfully implementing new ways of working gaining the full support of stakeholders and colleagues alike
Experience and Qualifications
- Qualified (ACA / CIMA / ACCA or equivalent)
- Preferred background in audit or experience working in a large business with robust controls and adherence to reporting deadlines
- Previous experience managing or coaching team members desirable
- Intermediate / advanced Excel, PowerPoint and Word
- Excellent understanding and working knowledge of accounting and reporting systems, applicable legislation and the statutory and regulatory framework
- Problem-solving and analytical skills
- A continuous improvement mentality with the ability to challenge existing processes
- Strong knowledge of Financial Reporting Standards and other developments within global accounting practices and the ability to apply within the company
Salary and Benefits
We offer a competitive salary based on experience along with a full benefits package.
Financial Services Group Accountant employer: Network Plus
Network Plus is an exceptional employer that fosters a collaborative and inclusive work culture, providing employees with the opportunity to engage with senior stakeholders and drive meaningful process improvements. With a competitive salary and comprehensive benefits package, we prioritise employee growth through continuous development and a commitment to diversity, ensuring that every team member feels valued and empowered to contribute their unique perspectives.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Services Group Accountant
✨Tip Number 1
Network, network, network! Reach out to people in the finance industry, especially those who work at Network Plus. A friendly chat can sometimes lead to job opportunities that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of FRS 102 standards and recent changes in financial reporting. We want you to feel confident discussing these topics, as they’re crucial for the Group Accountant role.
✨Tip Number 3
Showcase your problem-solving skills during interviews. Think of examples where you've identified process improvements or managed risks effectively. This will demonstrate your continuous improvement mentality, which is key for this position.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at Network Plus.
We think you need these skills to ace Financial Services Group Accountant
Some tips for your application 🫡
Read the Job Description Thoroughly:Before you start your application, make sure to read through the job description carefully. We want to see that you understand the role and how your skills align with what we're looking for.
Tailor Your CV and Cover Letter:Don’t just send a generic CV! We love it when candidates tailor their applications to highlight relevant experience and skills that match the Group Accountant role. Show us why you're the perfect fit!
Be Clear and Concise:When writing your application, keep it clear and to the point. We appreciate well-structured responses that get straight to the heart of your qualifications and experiences without unnecessary fluff.
Apply Through Our Website:Make sure to apply through our website for the best chance of being noticed. It’s the easiest way for us to track your application and ensure it gets into the right hands!
How to prepare for a job interview at Network Plus
✨Know Your Numbers
As a Group Accountant, you'll be dealing with financial data daily. Brush up on your knowledge of FRS 102 standards and be ready to discuss how you've applied these in previous roles. Prepare examples of how you've managed month-end processes and reconciliations.
✨Showcase Your Analytical Skills
Be prepared to demonstrate your problem-solving abilities. Think of specific instances where you've identified variances in reports or improved processes. Highlight your analytical skills and how they can benefit the company’s financial reporting.
✨Build Relationships
This role involves working closely with senior stakeholders. During the interview, express your understanding of the importance of collaboration. Share experiences where you've successfully built relationships across teams to drive improvements or resolve issues.
✨Prepare for Technical Questions
Expect questions about accounting systems and reporting frameworks. Familiarise yourself with the tools and software mentioned in the job description. Be ready to discuss how you’ve used Excel and other reporting systems to enhance efficiency in your previous roles.
