At a Glance
- Tasks: Shape the Group Financial Accounting Team and manage group consolidation in a dynamic environment.
- Company: Join Northern Data, a leader in AI and High-Performance Computing solutions.
- Benefits: Hybrid working, wellness initiatives, and opportunities for professional growth.
- Other info: Collaborative culture where your ideas truly matter.
- Why this job: Make a real impact on sustainability and innovation in finance.
- Qualifications: Qualified Chartered Accountant with experience in multi-currency businesses.
The predicted salary is between 54450 - 66550 £ per year.
Job Description 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
- With us, you will 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.
• We’re looking forward to getting your inputs!
- You make the difference in the company: Unlike in established corporations, at Northern Data you will really help shape things.
- From implementing new departments, to optimizing processes and culture.
- Best-in-class partners: The best work with Northern Data.
- This means a knowledge and time advantage from which your career and our customers benefit equally.
- Green by heart: Sustainability is at the core of Northern Data.
- With us, you actively work on the carbon neutrality of datacenters worldwide.
- Beginning with our infrastructure and continuing with the solutions for our clients, we work towards a green future.
- Home Office facts: Work with our international and virtual team flexible from home.
- And of course, your hardware wishes will be fulfilled to make your ideas for next level HPC come true.
- Your wellness matters: At Northern Data we have regular wellbeing initiatives that are designed to promote wellness, diversity, inclusion, and much more, ensuring a supportive and enriching environment for our global team.
- Northern Data Group is a leading provider of full-stack AI and High-Performance Computing (HPC) solutions, leveraging a network of high-density, liquid-cooled, GPU-based technology to enable the world’s most innovative companies.
- Together with our partners, we are passionate about the potential of HPC to drive both technological and societal transformation.
- #J-18808-Ljbffr
Group Financial Accountant (m/f/d) in London employer: Northern Data Services (UK) Limited
Northern Data Services (UK) Limited is an excellent employer that values flexibility and sustainability, offering a dynamic work environment where you can thrive as a Strategic Purchasing & Commercial Lead. With a strong commitment to employee growth and development, the company fosters a culture of collaboration and innovation, ensuring that your contributions are recognised and rewarded. Enjoy the benefits of flexible home office options while being part of a team dedicated to making a positive impact in the procurement and supply chain sector.
Contact Details:
Northern Data Services (UK) Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Group Financial Accountant (m/f/d) in London
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We think you need these skills to ace Group Financial Accountant (m/f/d) in London
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 Services (UK) Limited.
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How to prepare for a job interview at Northern Data Services (UK) Limited
✨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 Services (UK) Limited.
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✨Show Your Passion for Finance
Since this is a full-time position, employers at Northern Data Services (UK) Limited 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 Services (UK) Limited 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.
