At a Glance
- Tasks: Lead complex treasury and hedge accounting, ensuring compliance with IFRS standards.
- Company: Join Newcastle Building Society, a diverse and inclusive employer.
- Benefits: Competitive salary, flexible working, generous leave, and health perks.
- Other info: Enjoy a supportive environment with excellent career growth opportunities.
- Why this job: Make a real impact in financial reporting while developing your technical expertise.
- Qualifications: Qualified accountant (ACA, ACCA, or CIMA) with strong analytical skills.
The predicted salary is between 49317 - 65000 € per year.
Location: Cobalt Business Park, Newcastle Upon Tyne
Time Type: Full time
Posted On: Posted 2 Days Ago
End Date: May 26, 2026 (11 days left to apply)
Job Requisition ID: JR762
Salary Band: £49,317 - £65,000
About the Role
As a Technical Accountant, you’ll join the External Reporting & Accounting team as a senior technical specialist, with a particular focus on treasury and hedge accounting across the Group. This is a highly visible role where you’ll lead and support complex accounting areas, ensuring the accurate treatment of treasury‐related financial instruments and compliance with IFRS requirements. You’ll act as the subject matter expert for treasury accounting, partnering closely with Treasury, Balance Sheet Management and wider Finance teams. From providing technical guidance on complex transactions to supporting the delivery of high-quality external reporting, you’ll play a key role in maintaining robust financial reporting and strong controls.
About You
You will be a qualified accountant (ACA, ACCA or CIMA) with strong technical expertise, particularly in hedge accounting and the application of IFRS 9 / IAS 39. You’ll bring hands-on experience of working with complex financial instruments, alongside the ability to interpret and apply accounting standards with confidence and clarity. With excellent analytical skills and attention to detail, you’re comfortable navigating complex accounting judgements and providing clear, well-reasoned recommendations. You’re also a strong communicator who can influence and collaborate effectively with stakeholders across Finance, Treasury and beyond.
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, through to regulatory reporting and technical accounting, as well as accounts payable and 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.
Financial Benefits
- 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, you can contact your Recruiter for this vacancy at kate.wilkinson@newcastle.co.uk
Technical Accountant employer: Newcastle Financial Advisers Limited
Newcastle Building Society is an exceptional employer located in Cobalt Business Park, Newcastle Upon Tyne, offering a supportive and inclusive work culture that values diversity and employee well-being. With a strong focus on professional growth, employees benefit from a range of perks including a competitive salary, generous annual leave, flexible working arrangements, and access to health and wellness resources. The company fosters a collaborative environment where technical accountants can thrive, ensuring they feel valued and empowered in their roles.
Contact Detail:
Newcastle Financial Advisers Limited Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Technical Accountant
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work in treasury or accounting. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Be ready to discuss IFRS standards and hedge accounting in detail. We want you to shine as the subject matter expert!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website for the best chance at landing that Technical Accountant role. We’re all about making the process smooth and ensuring your application gets the attention it deserves!
We think you need these skills to ace Technical Accountant
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Technical Accountant role. Highlight your qualifications, especially your experience with hedge accounting and IFRS standards. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you the perfect fit. We love seeing genuine enthusiasm and a clear understanding of the position.
Showcase Your Analytical Skills:As a Technical Accountant, strong analytical skills are key. In your application, provide examples of how you've navigated complex accounting situations in the past. We want to know how you approach problem-solving!
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts and submit your materials!
How to prepare for a job interview at Newcastle Financial Advisers Limited
✨Know Your Technical Stuff
As a Technical Accountant, you need to be on top of your game with IFRS standards and hedge accounting. Brush up on the latest updates and be ready to discuss how you've applied these in your previous roles. This will show that you're not just familiar with the theory but can also implement it practically.
✨Prepare for Scenario Questions
Expect questions that ask you to solve complex accounting scenarios or explain your thought process behind certain decisions. Practise articulating your analytical skills and how you navigate tricky accounting judgements. Use examples from your past experience to illustrate your problem-solving abilities.
✨Showcase Your Communication Skills
Since this role involves collaborating with various teams, it's crucial to demonstrate your communication prowess. Be prepared to discuss how you've influenced stakeholders in the past and how you ensure clarity when explaining complex financial concepts. This will highlight your ability to work well with others.
✨Ask Insightful Questions
At the end of the interview, don’t shy away from asking questions. Inquire about the team dynamics, the challenges they face in treasury accounting, or how they measure success in this role. This shows your genuine interest in the position and helps you assess if it's the right fit for you.
