Group Financial Accountant (Temporary)

Group Financial Accountant (Temporary)

Temporary 50000 - 60000 £ / year (est.) No working from home possible
Network Plus

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 contribution is valued and celebrated.
  • 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 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 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.

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 (Temporary) 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 and development, ensuring that every team member feels valued and empowered to contribute to our mission of delivering essential utility and infrastructure services across the UK.

Network Plus

Contact Details:

Network Plus Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Group Financial Accountant (Temporary)

Tip Number 1

Network, network, network! Reach out to your connections in the finance world and let them know you're on the lookout for opportunities. You never know who might have a lead or can put in a good word for you.

Tip Number 2

Prepare for interviews by brushing up on your knowledge of FRS 102 standards and recent changes in financial reporting. Being able to discuss these confidently will show you're serious about the role and ready to hit the ground running.

Tip Number 3

When you get an interview, don’t just focus on your qualifications. Think about how you can add value to the team and improve processes. Bring examples of past successes to the table – it’ll make you stand out!

Tip Number 4

Finally, 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 awesome team at Network Plus.

We think you need these skills to ace Group Financial Accountant (Temporary)

FRS 102 Accounting Standards
Month End Close Process
Balance Sheet Reconciliations
Variance Analysis
Risk Management
Finance Risk Register
Root Cause Analysis

Some tips for your application 🫡

Read the Job Description Carefully:Before you start your application, make sure to read through the job description thoroughly. 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! Tailor it to highlight your relevant experience and skills that match the Group Financial Accountant role. We love seeing how you can bring value to our team!

Showcase Your Analytical Skills:Since this role involves a lot of analysis and reconciliations, make sure to showcase your problem-solving and analytical skills in your application. We want to know how you tackle challenges!

Apply Through Our Website:Finally, don’t forget to hit that apply button on our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to hear from you!

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 figures. Brush up on your knowledge of FRS 102 standards and be ready to discuss how you've applied these in previous roles. Being able to confidently explain accounting principles will show that you're the right fit for the job.

Master the Month-End Close Process

Make sure you understand the month-end close process inside out. Prepare examples of how you've managed this in the past, including any challenges you faced and how you overcame them. This will demonstrate your ability to meet deadlines and ensure accuracy in reporting.

Showcase Your Analytical Skills

Be prepared to discuss your experience with variance analysis and how you've worked to reduce discrepancies in financial reports. Bring specific examples of how your analytical skills have led to process improvements or risk management in your previous roles.

Build Relationships with Stakeholders

Since this role involves liaising with senior stakeholders, think about how you've successfully built relationships in the past. Be ready to share strategies you've used to communicate complex financial information clearly and effectively, ensuring everyone is on the same page.