Senior Group Accountant in Tewkesbury

Ontic, a leading licensor and manufacturer of complex engineering parts for the global aerospace and defence industries, is now recruiting for a Senior Group Accountant to join our Group Finance team. This is a pivotal role responsible for leading the Group’s consolidation process, supporting the month-end close, driving control improvements, and acting as a key interface between Group Finance and the wider Ontic business.

Ontic is more than just a business, we’re a community of innovators who pride ourselves on fostering a culture where talent thrives, ideas flourish, and careers are built. We’re committed to excellence, continuously improving and adapting to remain at the forefront of our industry.

The Role

Reporting into Group Finance, the Senior Group Accountant will oversee the work of the Group Accountant and act as the primary reviewer of the Group month-end close process. You will take ownership of the consolidation process, preparing monthly consolidation elimination journals and Group recharges, while acting as a global champion and subject matter expert for OneStream, the Group’s consolidation software.

This role is a key interface between Group Finance and the wider Ontic business, working closely with tax, treasury, FP&A, site finance teams, external auditors, and operational teams to ensure the business is supported by accurate, timely, and insightful financial reporting.

You will lead the implementation of Group control improvements, drive the cadence of the Group month-end close process, and identify opportunities to enhance the efficiency and effectiveness of financial processes across the Group.

Key to success in this role is the ability to combine strong technical accounting expertise with excellent stakeholder management, attention to detail, and the ability to operate effectively in a fast-moving, complex, and evolving business.

In this role, you will:

• Oversee the Group’s month-end close process, ensuring all activities are completed accurately and on time
• Act as the primary reviewer of work performed by the Group Accountant
• Oversee accounting and balances recorded in the Group’s holding stack, ensuring balances are reviewed regularly, accurate, and supportable
• Own the Group consolidation process, including preparation and posting of monthly consolidation elimination journals
• Take responsibility for the Group’s intercompany matrix, ensuring intercompany eliminations are accurately booked and transacted in the consolidation
• Calculate, reconcile, and enter required consolidation entries into OneStream
• Review and oversee the overall consolidation process
• Own Group cost recharges, including monthly Group cost recharges and annual insurance and audit fee recharges
• Act as a key interface between the Group’s tax teams and Group Finance
• Ensure movements in the Group’s exchange translation reserve are accurate and clearly understood
• Prepare reporting for the Group’s pension scheme
• Own monthly reporting activities to FP&A and lenders, including monthly results, exceptional items, Group costs, and debt-like items
• Partner with Internal Audit and play a lead role in implementing control improvements across the Group
• Identify process improvements to enhance efficiency, accuracy, and effectiveness
• Partner with Treasury to ensure the accuracy of below-the-line elements of the cashflow forecast
• Capture and account for late audit and site adjustments
• Oversee monthly cashflow statement reporting and prepare monthly cashflow statement adjustments
• Maintain the monthly adjusted EBITDA model, ensuring exceptional costs and provisions are appropriately understood and reported
• Support monthly investor reporting, including KPIs, debt and debt-like items, and PF EBITDA forecasts
• Support external audit activity, preparing documentation and explaining consolidated numbers to auditors
• Provide technical accounting support to Group Finance colleagues
• Assist with US GAAP to IFRS and UK GAAP to IFRS conversions
• Review and oversee the work of junior colleagues
• Support ad-hoc projects and wider process improvement initiatives

About You

At Ontic, our culture is key to how we deliver success. We’re looking for someone who brings strong technical accounting expertise, commercial awareness, and the ability to build trusted relationships across a global business.

To be successful in this role, you will bring:

• Graduate qualified accountant status, with a strong technical accounting background
• Considerable experience owning the preparation or audit of consolidations
• Strong attention to detail and a track record of delivering accurate and timely reporting
• Excellent stakeholder management skills, with strong written and verbal communication
• The ability to work effectively with finance and non-finance stakeholders across a complex organisation
• A proactive approach to identifying and implementing process and control improvements
• The ability to operate confidently in a fast-moving, demanding, and evolving business environment

You will also ideally have:

• Post-qualification experience
• Experience reporting under IFRS, UK GAAP, and US GAAP
• Experience working with OneStream or similar consolidation software
• Hands-on tax experience
• Experience working within, or auditing, private-equity backed businesses
• An understanding of commercial business drivers
• Experience within the aerospace industry or a similar complex manufacturing environment

Business Partnering

This role acts as a key interface between Group Finance and the wider Ontic business. You will work closely with site finance teams, including controllers, accounting and FP&A colleagues, as well as teams across legal, business development, operations, PMO, IT, HR, tax, treasury, and external audit.

You’ll be trusted to explain complex financial information clearly, support effective decision-making, and help ensure Group Finance continues to deliver high-quality support across Ontic.

Best Place to Work

We are more than the sum of our parts — and we’ve been recognised for it:

• Ranked #9 in Best Companies’ Q3 leaderboard for Best Manufacturing Company
• 72.5% of employees in our 2023 survey said they are proud to work at Ontic
• We’ve experienced rapid growth, doubling in size in recent years
• No day is the same at Ontic. Our success comes from empowering our colleagues to create opportunity, fostering an environment of autonomy where we ask for forgiveness, not permission.

Our Values

Our values are intrinsic to everything we do:

• We share a common sense – a global family of specialists with a shared passion for precision
• We have the freedom to choose – challengers and innovators who think differently
• We create the opportunity – change-makers with a clear direction and can-do spirit

We are a fast-paced business with ambitious growth plans; so if you are dedicated, enthusiastic and always seeking ways to improve, you'll enjoy a career with us!