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For Companies At a Glance
- Tasks: Support month-end financial close and prepare insightful reports for stakeholders.
- Company: Join Newcastle Building Society, the North East’s largest Building Society with a strong community focus.
- Benefits: Enjoy hybrid working, competitive salary, bonus scheme, private medical insurance, and more perks.
- Why this job: Be part of an inclusive team that values diversity and offers growth opportunities.
- Qualifications: Qualified CIMA, ACCA, or ACA accountant, or equivalent experience in financial accounting.
- Other info: Flexible working options and additional holiday entitlements available.
The predicted salary is between 36000 - 60000 £ per year.
Overview
Financial Close Accountant – 6 Month Fixed Term
Join to apply for the Financial Close Accountant – 6 Month Fixed Term role at Newcastle Building Society.
Responsibilities
- Support the delivery of a successful month end financial close under the supervision of the Financial Close Manager.
- Prepare and analyse reconciliations, consolidations and other key financial close activities, delivering timely and insightful information to stakeholders, notably the senior finance leadership team.
- Build and maintain relationships with key stakeholders to capture month end close requirements, and partner with Group Finance and the wider business to gain line of sight on business performance.
- Prepare ad-hoc financial reports for the Group.
- Lead Finance Operations representation with internal and external audit teams, acting as a conduit for requests and resolving outstanding actions across the team.
- Support the Financial Close Manager in supervising and developing the Groups Financial Close team (no direct line management responsibilities).
Qualifications
- You’ll be a qualified CIMA, ACCA or ACA accountant, actively finalising a qualification, or have commensurate experience.
- Strong financial accounting experience including preparation of financial statements and month-end close processes.
- Experience with internal and external audit support and Group consolidations.
- Excellent analytical and problem-solving skills, with an ability to analyse complex financial information and identify trends and issues.
About Us
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. Newcastle Building Society is the North East’s largest Building Society, with a 32-branch network across the North East, Cumbria and Yorkshire.
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, and we want colleagues to feel this is a place they belong. A place to be you.
What you get in return
As well as a competitive annual salary based on above-market pay scales, our reward package includes:
- Hybrid working – typically 3 days homeworking and 2 days office based
- A 35-hour weekly contract; flexible working options available
- Bonus Scheme (paid annually) – On target 10%, up to 15% depending on performance
- Colleague mortgage scheme and access to our financial advisors
- Private medical insurance
- Pension scheme (up to 9% employers’ contribution)
- Life assurance (4x salary) and income protection
- Wellbeing benefits, including Medicash
- Electric car salary sacrifice scheme
- Cycle to Work scheme
- Above statutory family leave entitlement – 3 months full pay, 3 months half pay
- Additional holiday entitlement and the option to buy or sell holidays
- Two paid volunteering days per year
- Learning and development opportunities
- Discounts and recognition initiatives
- Free onsite gym at Cobalt and discounted gym memberships nationwide
Seniority level
- Mid-Senior level
Employment type
- Contract
Job function
- Finance
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. If you require access or adjustments at any stage, you can contact your Recruiter for this vacancy at kate.wilkinson@newcastle.co.uk.
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Financial Close Accountant - 6 Month Fixed Term employer: Newcastle Building Society
Contact Detail:
Newcastle Building Society Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Close Accountant - 6 Month Fixed Term
✨Tip Number 1
Familiarise yourself with the month-end financial close process. Understanding the specific steps involved will help you speak confidently about your experience and how you can contribute to the team.
✨Tip Number 2
Network with professionals in the finance sector, especially those who have experience in financial close roles. This can provide you with insights into the role and may even lead to referrals.
✨Tip Number 3
Brush up on your analytical skills by practising with financial data sets. Being able to quickly analyse and interpret complex information will set you apart during discussions.
✨Tip Number 4
Prepare to discuss your experience with internal and external audits. Highlighting your ability to manage audit requests and resolve issues will demonstrate your readiness for this role.
We think you need these skills to ace Financial Close Accountant - 6 Month Fixed Term
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your qualifications, such as CIMA, ACCA, or ACA, and emphasises your financial accounting experience. Include specific examples of month-end close processes you've managed or contributed to.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your skills align with the responsibilities listed, particularly in preparing reconciliations and supporting audit teams.
Highlight Analytical Skills: Given the importance of analytical skills in this role, provide examples in your application that demonstrate your ability to analyse complex financial information and identify trends. Use quantifiable achievements where possible.
Showcase Stakeholder Management: Discuss your experience in building relationships with stakeholders. Highlight any instances where you successfully partnered with finance teams or other departments to achieve business objectives, as this is crucial for the role.
How to prepare for a job interview at Newcastle Building Society
✨Understand the Financial Close Process
Make sure you have a solid grasp of the month-end financial close process. Be prepared to discuss your experience with reconciliations, consolidations, and how you've contributed to timely financial reporting in previous roles.
✨Showcase Your Analytical Skills
Highlight your analytical and problem-solving abilities during the interview. Prepare examples of how you've analysed complex financial information and identified trends or issues that led to improvements in financial processes.
✨Build Rapport with Stakeholders
Demonstrate your ability to build and maintain relationships with key stakeholders. Share experiences where you've successfully partnered with finance teams or other departments to achieve common goals, especially in relation to month-end close requirements.
✨Prepare for Audit Discussions
Since the role involves liaising with internal and external audit teams, be ready to discuss your experience in supporting audits. Think of specific instances where you acted as a conduit for requests and resolved outstanding actions effectively.
