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 sustainable data centre 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 while developing your financial expertise.
- Qualifications: Qualified Chartered Accountant with experience in group consolidation and intercompany processes.
The predicted salary is between 54450 - 66550 £ 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
- 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.
- 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.
- 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.
Group Financial Accountant (m/f/d) in London employer: Northern Data
At Northern Data, we pride ourselves on being an exceptional employer, offering a dynamic work culture that values innovation and collaboration. As a Group Financial Accountant based in London, you will have the opportunity to shape our financial reporting function while enjoying flexible hybrid working arrangements and a strong focus on sustainability. With a commitment to employee growth and wellbeing, we provide a supportive environment where your ideas can thrive and contribute to a greener future.
