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 that values diverse perspectives and experiences.
- 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, 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. 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 Reporting 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 support for diverse backgrounds, ensuring everyone feels valued and empowered in their roles.
StudySmarter Expert Advice🤫
We think this is how you could land Group Financial Reporting Accountant (Permanent)
✨Tip Number 1
Network, network, network! Reach out to people in your industry on LinkedIn or at networking events. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Tip Number 2
Prepare for interviews like a pro! Research the company and its culture, and think about how your skills align with their needs. We want you to walk in feeling confident and ready to impress!
✨Tip Number 3
Don’t forget to follow up after your interview! A quick thank-you email can go a long way in showing your enthusiasm for the role. We believe it’s a great way to keep yourself top of mind.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Group Financial Reporting 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. 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 your CV and cover letter to highlight your relevant experience and qualifications. We love seeing how you can bring your unique skills to our Group Finance team.
Showcase Your Analytical Skills:Since this role involves a lot of analysis and reconciliations, make sure to showcase your analytical skills in your application. Give us examples of how you've tackled similar tasks in the past!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at Network Plus
✨Know Your Numbers
As a Group Financial Reporting 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. This will show that you’re not just familiar with the standards but can also implement them effectively.
✨Master the Month-End Close Process
Make sure you understand the month-end close process inside out. Be prepared to explain how you’ve managed this in the past, including any challenges you faced and how you overcame them. Highlighting your experience in meeting deadlines will definitely impress the interviewers.
✨Showcase Your Analytical Skills
You’ll need to produce variance analysis and work closely with the commercial finance team. Bring examples of how you've identified variances in reports before and what steps you took to address them. This will demonstrate your problem-solving skills and your ability to drive improvements.
✨Build Relationships with Stakeholders
This role involves liaising with senior stakeholders, so it’s crucial to show that you can build strong relationships. Think of examples where you’ve successfully collaborated with others to achieve a common goal. This will highlight your interpersonal skills and your ability to influence and engage with different teams.
