At a Glance
- Tasks: Shape the Group Financial Accounting Team and manage complex financial processes.
- Company: Join Northern Data, a leader in sustainable data centre solutions.
- Benefits: Hybrid working, wellness initiatives, and opportunities for career growth.
- Other info: Collaborative culture where your ideas truly matter.
- Why this job: Make a real impact on sustainability and innovative financial practices.
- Qualifications: Qualified Chartered Accountant with group consolidation experience.
The predicted salary is between 56700 - 69300 £ per year.
The Group Financial Accountant will play an integral part in shaping the Group Financial Accounting Team as it continues to develop into a first-in-class reporting function. Reporting into the Group Reporting Manager, this role offers significant exposure to group consolidation, technical accounting, audit, and cross-functional finance operations within a complex, multi-currency international environment. The role will support the Group Team in cross-functional management and will have exposure to Tax, Treasury, FP&A, Accounts Payable, Legal and Finance Operations.
Your Responsibilities
- Month-end & Quarter-end Close
- Support planning and execution of the group close process
- Communicate close instructions to wider team
- Support Group review of local TBs on BD5 review calls
- Monitor submission and quality of local reporting deliverables to Group
- Manage ledger lock process in SAP
- Own intercompany reconciliations and resolution of differences
- Ownership of IFRS 16 lease accounting at Group level
- Prepare FX analysis and OCI reclassification adjustments
- Group Consolidation
- Support maintenance of the group consolidation in Lucanet
- Prepare data import files
- Maintain the Group topside adjustments tracker and post consolidation journals
- Perform data validation checks across Balance Sheet, P&L, PPE and Equity
- Responsibility for intercompany eliminations and reconciliation process
- Liaise with Tax and FP&A to ensure alignment of group adjustments
- Annual Report and Audit responsibilities
- Support audit deliverables and respond to audit requests
- Own the consolidation to annual report mapping files
- Prepare significant note disclosures and supporting schedules
- Intercompany responsibilities
- Ownership of the intercompany matrix review process (BS & P&L)
- Liaise with local finance teams to resolve discrepancies
- Oversight of intercompany recharges and postings
- Review intercompany interest calculations
- Technical Accounting responsibilities
- Ownership of Group Impairment Models (Goodwill, PPE, ECL)
- Responsibility for ensuring Group policies are maintained and consistently applied across the Group
- Strengthen technical accounting documentation (IFRS 15/16)
- Support technical accounting assessments and prepare technical accounting memos
- Support IFRS to US GAAP reconciliation requirements where applicable
- Provide accounting guidance to wider finance team
- Process Improvements & Controls
- Ensure key close controls are performed and documented
- Monitor submission and review local balance sheet reconciliations and variance analyses
- Perform periodic user access reviews across financial reporting systems
- Govern the Group Chart of Accounts, including approval and documentation of new GL accounts
Your Qualifications
- Qualified Chartered Accountant - ACA or international equivalent (No ACCA or CIMA)
- Top 10 audit training
- 1-2 years PQ experience in large multi-currency business
- Group Consolidation experience (Excel or consolidation system)
- Strong intercompany experience
- Working knowledge of financial reporting systems (SAP S/4Hana and/or Lucanet advantageous)
- US GAAP reporting experience advantageous but not essential
- Full UK Working Rights (no sponsorship available)
- Hybrid working - 2-3 days in the office (based in London, Bank)
What We Offer
- Work towards the future of HPC: From new, sustainable building methods for data centers to cooling concepts to software solutions for accelerated compute.
- Your approaches count: In official exchange formats or spontaneously at the coffee machine.
- At Northern Data, it's the best idea that counts - not the hierarchy.
- You make the difference in the company: Unlike in established corporations, at Northern Data you will really help shape things.
- Best-in-class partners: The best work with Northern Data.
- Green by heart: Sustainability is at the core of Northern Data.
- Home Office facts: Work with our international and virtual team flexible from home.
- Your wellness matters: At Northern Data we have regular wellbeing initiatives that are designed to promote wellness, diversity, inclusion, and much more.
Group Financial Accountant (m/f/d) employer: Northern Data Group
At Northern Data, we pride ourselves on being an excellent employer, offering a dynamic work culture that values innovation and collaboration. Located in the heart of London, our hybrid working model allows for flexibility while you contribute to meaningful projects focused on sustainability and cutting-edge technology. With opportunities for professional growth and a commitment to employee wellbeing, you'll find a supportive environment where your ideas truly make a difference.
StudySmarter Expert Advice🤫
We think this is how you could land Group Financial Accountant (m/f/d)
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Northern Data Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Group Financial Accountant (m/f/d)
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Northern Data Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Northern Data Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Northern Data Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Northern Data Group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Northern Data Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Northern Data Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
