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- Tasks: Join our Financial Close Team to support month-end financial processes and stakeholder reporting.
- Company: Newcastle Building Society is the North East’s largest Building Society, focused on community financial futures.
- Benefits: Enjoy flexible working, competitive salary, corporate bonuses, and a range of health and wellness perks.
- Why this job: Be part of a supportive team culture that values diversity and offers opportunities for personal growth.
- Qualifications: Qualified CIMA, ACCA, or ACA accountant, or equivalent experience in financial accounting.
- Other info: Hybrid working available with 30 days annual leave and additional volunteering days.
The predicted salary is between 29359 - 38744 ÂŁ per year.
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.
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 do you get in return?
As well as receiving a competitive annual salary based on above-market pay scales, our reward package includes:
- 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
- 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
- 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
Job Types: Full-time, Temporary
Contract length: 6 months
Pay: ÂŁ34,319.00-ÂŁ46,431.00 per year
Work Location: Hybrid remote in Wallsend NE28 9EJ
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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 key financial reporting standards. Understanding these will help you speak confidently about your experience and how it aligns with the role during any discussions.
✨Tip Number 2
Network with current or former employees in similar roles at Newcastle Building Society. They can provide insights into the company culture and expectations, which can be invaluable when preparing for interviews.
✨Tip Number 3
Brush up on your analytical skills by reviewing complex financial statements and practice identifying trends. Being able to demonstrate this skill during conversations will set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your experience with internal and external audits. Highlight specific examples where you've successfully collaborated with audit teams, as this is a key aspect of the 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 financial accounting experience, particularly in month-end close processes and preparation of financial statements. Use specific examples that demonstrate your skills in analysis and problem-solving.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention your qualifications (CIMA, ACCA, or ACA) and how your experience aligns with the responsibilities outlined in the job description, especially regarding stakeholder engagement and audit support.
Highlight Relevant Skills: Emphasise your analytical skills and ability to identify trends in complex financial information. Provide examples of how you've successfully collaborated with teams or stakeholders in previous roles to enhance financial reporting or close processes.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your 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 financial statements and reconciliations. Brush up on your financial accounting knowledge and be prepared to discuss specific examples of your experience with month-end close processes.
✨Showcase Your Analytical Skills
Highlight your ability to analyse complex financial information. Be ready to discuss how you've identified trends or resolved issues in past roles, as this will demonstrate your problem-solving capabilities to the interviewers.
✨Understand Stakeholder Needs
Since building relationships with stakeholders is key, think about how you can demonstrate your communication skills. Prepare examples of how you've successfully collaborated with different teams to meet financial close requirements.
✨Prepare for Audit Discussions
Given the role involves liaising with internal and external audit teams, be prepared to discuss your experience in supporting audits. Think of specific instances where you acted as a conduit for requests and how you resolved outstanding actions.
