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- Tasks: Join our Financial Close Team to support month-end financial close and prepare insightful reports.
- Company: Newcastle Building Society connects communities with a better financial future across the North East.
- Benefits: Enjoy flexible working, 30 days annual leave, and a competitive salary with bonuses.
- Why this job: Be part of a growing team that values diversity and offers a supportive work culture.
- Qualifications: Qualified CIMA, ACCA, or ACA accountant, or equivalent experience in financial accounting.
- Other info: Hybrid working options available, plus two paid volunteering days each year.
The predicted salary is between 29300 - 38700 £ per year.
Job Posting Title
Financial Close Accountant – 6 Month Fixed Term
Salary Band
£34,319 – £46,431
Grade
MP3
Job Description
About the Role
This is a 6 month fixed term contract to join our Financial Close Team. Reporting in the Financial Close Manager, you\\\’ll support in the delivery of a successful month end financial close. You\\\’ll deliver a high level of customer service through the preparation and analysis of reconciliations, consolidations and other key financial close activities, whilst providing timely and insightful information to stakeholders, notably the senior finance leadership team. You\\\’ll build and maintain relationships with key stakeholders to collate and understand month end close requirements, alongside partnering with Group Finance teams and the wider business to get line of sight on business performance. The preparation of ad-hoc financial reports for the Group will be a key element of the role, as will leading Finance Operations representation with our internal and external audit teams, acting as a conduit for requests and resolving outstanding actions across the team. Although there\\\’s no direct line management responsibilities within the role, you\\\’ll support the Financial Close Manager in supervising and develop the Groups Financial Close team.
About You
You\\\’ll either be a qualified CIMA, ACCA or ACA accountant, actively finalising a qualification or have commensurate experience. Strong financial accounting experience which includes the preparation of financial statements and month-end close processes is key for the role, as is experience with internal and external audit support and Group consolidations. You\\\’ll have 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. At a time of unprecedented growth across the organisation, the Group Finance team is expanding within the Finance Operations team to support the creation of our single Finance centre of excellence, embedding our operational systems, and the ultimate delivery of our ambitious 5-year corporate plan.
Newcastle Building Society is the North East\\\’s largest Building Society whose purpose \”Connecting our communities with a better financial future\” inspires and directs our activities. We help people own their own home, plan and manage their finances and operate 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, we want colleagues to feel this is a place they belong. A place to be you.
What you get in return
As well as receiving a competitive annual salary based on above-market pay scales, our reward package includes:
- 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 gym\\\’s
- 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, you can contact your Recruiter for this vacancy at kate.wilkinson@newcastle.co.uk
Company: Newcastle Building Society
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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 close process and financial reporting standards. Understanding these concepts will help you engage in meaningful conversations during interviews and demonstrate your expertise.
✨Tip Number 2
Network with professionals in the finance sector, especially those who work in financial close roles. This can provide you with insights into the role and may even lead to referrals or recommendations.
✨Tip Number 3
Prepare to discuss your experience with reconciliations and consolidations in detail. Be ready to share specific examples of how you've successfully managed these processes in previous roles.
✨Tip Number 4
Research Newcastle Building Society's values and recent developments. Showing that you understand their mission and how you can contribute to their goals will set you apart from other candidates.
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 relevant experience in financial accounting, month-end close processes, and any qualifications like CIMA, ACCA, or ACA. Use specific examples to demonstrate your skills in preparing financial statements and supporting audits.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your background aligns with the responsibilities of the Financial Close Accountant position, particularly your ability to analyse complex financial information and collaborate with stakeholders.
Highlight Analytical Skills: Given the emphasis on analytical and problem-solving skills in the job description, ensure you provide examples of how you've successfully identified trends and resolved issues in previous roles. This will showcase your fit for the position.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects attention to detail, which is crucial for a financial role.
How to prepare for a job interview at Newcastle Building Society
✨Know Your Numbers
As a Financial Close Accountant, you'll be dealing with complex financial data. Brush up on your financial statements, reconciliations, and month-end close processes. Be prepared to discuss your experience with these topics in detail.
✨Showcase Your Analytical Skills
Highlight your ability to analyse complex financial information and identify trends. Prepare examples of how you've used these skills in previous roles, especially in relation to financial reporting and audits.
✨Understand Stakeholder Needs
Since the role involves collaborating with various stakeholders, demonstrate your understanding of their needs. Think about how you can provide timely and insightful information to senior finance leadership and be ready to discuss your approach to building relationships.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities. Prepare for scenarios related to financial close challenges or audit situations, and think through how you would handle them effectively.
