At a Glance
- Tasks: Manage month-end close processes and ensure compliance with FRS 102 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 employee's contribution is valued.
- Why this job: Build relationships with senior stakeholders and drive process improvements in finance.
- Qualifications: Qualified accountant (ACA/CIMA/ACCA) with strong analytical and problem-solving skills.
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, 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 implement 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 work 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 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. Network Plus is proud to be an Equal Opportunity Employer. We celebrate diversity and do not discriminate based on race, religion, colour, nationality, sex, sexual orientation, age, veteran status, disability status, or any other applicable characteristics protected by law. We are Armed Forces-friendly. We welcome applications from ex-Armed Forces personnel, reservists, armed forces veterans, cadet instructors and military spouses/partners.
We understand that privacy and the security of your personal information is extremely important. By applying for this role, you agree to the terms of our privacy policy.
About Network Plus
Network Plus is an award-winning business delivering essential utility and infrastructure services for the UK's major providers of gas, power, telecoms, transport, water, and wastewater. We value the variety of experience, perspective, and other points of difference our workforce, clients, and supply chain offer. We are actively working with colleagues across the Network Plus Group to develop an inclusive environment – we want all our employees to feel valued and included to enable everyone to thrive at work and understand the value of their contribution matters no matter their background, identity, or circumstances.
Group Financial Accountant (Permanent) 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 to our mission of delivering essential utility and infrastructure services across the UK.
StudySmarter Expert Advice🤫
We think this is how you could land Group Financial Accountant (Permanent)
✨Tip Number 1
Network, network, network! Get out there and connect with people in the finance industry. Attend events, join online forums, or even reach out to folks on LinkedIn. Building relationships can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews like it's a big exam. Research the company, understand their values, and be ready to discuss how your skills align with their needs. Practise common interview questions and have your own questions ready to show you're genuinely interested.
✨Tip Number 3
Showcase your analytical skills! When discussing your experience, highlight specific examples where you've identified issues and implemented improvements. This will demonstrate your problem-solving abilities and continuous improvement mentality.
✨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 serious about joining our team at Network Plus.
We think you need these skills to ace Group Financial Accountant (Permanent)
Some tips for your application 🫡
Read the Job Description Thoroughly:Before you start your application, make sure to read through the job description carefully. Understand what we're looking for in a Group Financial Accountant and tailor your application to highlight how your skills and experience align with our needs.
Showcase Your Qualifications:Since we're after someone qualified (ACA / CIMA / ACCA or equivalent), don't forget to mention your qualifications prominently. If you've got experience in audit or working with large businesses, let us know how that makes you a great fit for this role!
Be Specific About Your Experience:When detailing your past roles, be specific about your responsibilities and achievements. Highlight any experience you have with month-end processes, balance sheet reconciliations, or variance analysis, as these are key aspects of the job.
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 shows us you're keen on joining our team!
How to prepare for a job interview at Network Plus
✨Know Your Numbers
As a Group Financial Accountant, you'll be dealing with a lot of financial data. Brush up on your knowledge of FRS 102 standards and be ready to discuss how you've applied these in previous roles. This shows you’re not just familiar with the rules but can also implement them effectively.
✨Showcase Your Analytical Skills
Prepare to talk about your experience with variance analysis and reconciliations. Think of specific examples where you identified discrepancies and how you worked with teams to resolve them. This will demonstrate your problem-solving abilities and your proactive approach to improving processes.
✨Build Relationships
Since this role involves liaising with senior stakeholders, think about how you’ve successfully built relationships in the past. Be ready to share examples of how you’ve communicated complex financial information clearly and effectively to non-financial colleagues.
✨Emphasise Continuous Improvement
The job description highlights a continuous improvement mentality. Prepare to discuss instances where you’ve identified inefficiencies and implemented new processes. This shows that you’re not just about maintaining the status quo but are eager to drive positive change.