At a Glance
- Tasks: Manage month-end financial close, analyse results, and support reconciliations.
- Company: Join Newcastle Building Society, a community-focused and inclusive employer.
- Benefits: Competitive salary, bonus scheme, flexible working, and 30 days annual leave.
- Other info: Enjoy hybrid working and excellent career growth opportunities in a supportive environment.
- Why this job: Make a real impact on financial processes while developing your accounting skills.
- Qualifications: Qualified accountant or pursuing CIMA, ACCA, or ACA with strong analytical skills.
The predicted salary is between 35691 - 48288 £ per year.
About the Role
As a Financial Close Accountant, you'll play a key role in delivering an accurate and efficient month-end financial close process. Working closely with the Financial Operations Manager, you'll analyse financial results, prepare reports, oversee and support reconciliations, and provide valuable insight to support business decision-making. You'll collaborate with teams across the organisation, support audit activities, and help identify opportunities to improve processes, controls, and automation within Finance.
About You
We're looking for a qualified accountant, or someone actively working towards a professional accounting qualification (CIMA, ACCA or ACA), with strong financial accounting experience and a solid understanding of month-end close processes. You'll have excellent analytical skills, attention to detail, and the ability to communicate financial information clearly to a range of stakeholders. Experience with group consolidations and audit support is desirable, alongside strong Excel skills and a passion for improving systems and processes.
About us
The Newcastle Building Society Group comprises of Newcastle Building Society, Manchester Building Society, Newcastle Financial Advisers and Newcastle Strategic Solutions. Our purpose, connecting our communities with a better financial future inspires and directs our activities.
Group Finance
Our functional vision is built on leadership, partnering for value, building specialised teams and ensuring our technology roadmap is based on future focused systems. The Financial Operations & Control function brings together all operational activities and centres of excellence within Finance. This includes everything from closing the ledger, accounts payable and accounts receivable to payroll.
As an inclusive employer and member owned mutual, we aim to reflect the diverse communities we serve and encourage applications from candidates of all backgrounds. We believe everyone should feel valued, respected, and celebrated for who they are, we want colleagues to feel this is a place they belong. A place to be you.
What do you get in return?
- Financial
- Corporate bonus scheme (on target 10%, up to a maximum 15%)
- Pension scheme (up to 9% employer contribution)
- Annual performance related pay reviews
- Colleague mortgage scheme
- Electric car salary sacrifice scheme
- Life assurance (4x salary) and income protection
- Access to our financial advisers
- Access to a range of high street and online discounts
- Work/Life Balance
- A 35-hour weekly contract - We are happy to talk flexible working and welcome discussions
- 30 days’ annual leave + bank holidays
- The option to buy and sell up to 5 days’ holiday
- Hybrid working (typically 3 days’ home based)
- Above statutory family leave entitlement - 3 months full pay, 3 months half pay, regardless of gender or route to parenthood
- Health and Wellbeing
- Private medical insurance
- Access to a health cash plan through a Medicash scheme
- Access to an employee assistance programme
- Free onsite gym at our Cobalt head office and access to discounted gyms
- Two paid volunteering days each year
- Cycle to work scheme
Recognising there’s no one-size-fits-all approach to recruitment, we’re committed to ensuring every candidate has the opportunity to showcase their full potential throughout the recruitment process. We strive to make our processes as accessible as possible, if there are any ways in which we can provide support or make adjustments, we would love to discuss this with you.
Financial Close Accountant - 12 month fixed term contract employer: Newcastle Building Society
Newcastle Building Society is an excellent employer, offering a dynamic work culture that prioritises employee engagement and development. With a competitive salary package, including a corporate bonus and pension scheme, alongside a hybrid working model, employees are empowered to thrive both personally and professionally in a supportive environment that values creativity and strategic thinking.
Contact Details:
Newcastle Building Society Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Financial Close Accountant - 12 month fixed term contract
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We think you need these skills to ace Financial Close Accountant - 12 month fixed term contract
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Newcastle Building Society will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Newcastle Building Society. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Newcastle Building Society confidence in your short-term commitment to the role.
How to prepare for a job interview at Newcastle Building Society
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Newcastle Building Society.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Newcastle Building Society that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
