At a Glance
- Tasks: Join our Group Reporting team as a Group Financial Accountant and assist with financial reporting and cashflow management.
- Company: Simmons & Simmons is a dynamic firm focused on impactful projects and inclusive culture.
- Benefits: Enjoy competitive pay, bonuses, private medical insurance, and flexible hybrid working options.
- Why this job: Be part of a supportive environment where your ideas matter and you can drive positive change.
- Qualifications: Seeking part-qualified or graduate candidates with finance experience and strong Excel skills.
- Other info: We celebrate diversity and offer excellent learning opportunities to help you excel in your career.
The predicted salary is between 36000 - 60000 £ per year.
The role:
We have an exciting opportunity for a Group Financial Accountant to join our Group Reporting department in London on a full-time basis.
The role is primarily responsible for assisting the Senior Group Financial Accountant with statutory/fiscal reporting, assistance with the management of the group’s cashflow, including reporting to management and interoffice accounting. The role also involves some regular statutory accounting tasks and ad-hoc tasks within the Group Reporting team.
Going forward, the role may involve integrating changes in reporting processes and tools based on developments in the firm’s data platforms and processes, including the use of Power BI for reporting, and replacement of the main accounting system during 2025.
This role will involve daily contact with the Group Reporting Manager, Group CFO, Group FD and other members of the Group Reporting and wider Finance team, to provide information, analysis and support as required. It will also require frequent contact and response to overseas finance teams and transactional finance teams in the UK.
What will you do:
- Preparation of year end reporting package for all offices to complete and submit to head office.
- Preparation of audit requests, ensuring deliverables are provided timely, of required quality and explanations provided.
- Assistance with the preparation of the firm’s consolidated accounts.
- Preparation of the firm’s subsidiary LLP and company accounts.
- Preparation of year-end entries and posting these into ledgers.
- Preparation of fund transfer forms in accordance with approvals process and ensure transactions are accounted for correctly.
- Assistance with the preparation of the firm’s cash flow position by consolidating the monthly cash flows provided by all offices.
- Assistance with the monitoring of consolidated cash flows to monitor the firm’s short, medium and long term cash requirements and identify where and when cash surpluses or shortfalls are likely to occur.
- Reconciliation of interoffice balance sheet accounts.
- Assistance with the quarterly settlement process of interoffice charges.
- Posting interoffice recharges and journal entries to the ledgers.
What we are looking for:
- Part-qualified or graduate and working towards a professional accountancy qualification.
- Minimum two years’ experience working in a finance team.
- Experience of working with statutory auditors and producing financial statements.
- Good technical financial accounting skills and knowledge.
- High level of attention to detail.
- Experience of working with and providing information and explanations to audit standard.
- Advanced Excel, especially proficiency for using complex Excel formulae.
- Ability to work accurately and carefully with large financial models with multiple users.
- Ability to multi-task, with an adaptable, flexible and deadline-driven approach.
- Ability to quickly identify and investigate anomalies in numerical information.
- High standard of written communication skills.
- Ability to work under pressure at high levels of performance.
Here at Simmons & Simmons:
Simmons & Simmons is a place where dynamic minds thrive. Our culture is built on work that matters, you will work on inspirational and thought-provoking projects, using your influence to create positive impact for our clients, society and the planet. We also ensure that everyone’s voice is heard from day one, irrespective of job title, qualification, or background. You’ll be encouraged to have an enquiring mind and share ideas that can drive the firm forward. Through innovative learning and development opportunities, you will be provided with a platform to excel, enabling you to exceed your career ambitions and do things you never thought were possible.
Some key information:
- We offer a competitive package including bonuses dependant on role/level, private medical insurance and pension contribution.
- Our global skills academy provides our people, regardless of their role and location, with excellent learning opportunities (including live workshops, podcasts, short videos and practical learning experiences).
- We have adopted a hybrid working approach with a requirement for a minimum of three days in the office with flexibility dependant on role/team/client demands.
- We bring together the best legal advice from our established legal teams with non-traditional capabilities via Simmons & Simmons Solutions that enhance, expand and differentiate the Simmons offering.
- We are proud to rank as a Stonewall Top Global Employer and a Top 75 Employer for Social Mobility.
- We have a range of social and sports committees, summer and winter parties and monthly get togethers.
- We have a range of diversity networks to connect people and celebrate our differences which is integral to our inclusive culture.
- All UK offices have their own artwork collections – including Damien Hirst and Tracey Emin pieces in the London office. We have a long-standing history in supporting the art community especially up-and-coming artists.
- We have recently introduced a Strategic Advisory Council which is a mix of associates and business services who will propose strategic initiatives that align with our firm’s mission and support the delivery of our Business Plan, shaping the future of our next-generation law firm.
Equal opportunities:
We are committed to fostering equality, diversity and inclusion within our firm and to ensuring equal employment opportunities. We believe that this commitment creates a vibrant and rewarding work environment. We are therefore committed to:
- Upholding equal opportunities, regardless of race, ethnicity, religion, belief, age, disability, sexual orientation, sex, gender reassignment, gender identity, marital status, or pregnancy, including maternity and paternity. This commitment extends to addressing any instances of perceived or associative discrimination and harassment. We also ensure fair treatment during recruitment and selection processes for those who are serving or have served in the armed forces, along with their families.
- Accommodating requests for flexible working arrangements whenever possible. We encourage you to discuss your needs with us if this is something you require.
- Making our roles accessible to individuals with diverse abilities. If you need any reasonable adjustments during the recruitment process, please let us know so we can meet your needs.
- We offer a range of employee networks to support our colleagues. More information about these networks can be found in the D&I Information booklet that candidates are sent when invited to interview.
We encourage you to apply even if you don’t meet every single requirement. We are looking for individuals who are passionate and eager to learn and grow with us. Your unique experiences and perspectives could be a great addition to our team.
If you’re interested in finding out more about this position, please contact the Recruitment Team. To apply for the role, click on the link at the bottom of the page or visit our career page for more details.#J-18808-Ljbffr
Group Financial Accountant [Full-Time] employer: Simmons & Simmons LLP
Contact Detail:
Simmons & Simmons LLP Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Group Financial Accountant [Full-Time]
✨Tip Number 1
Familiarize yourself with the latest accounting standards and regulations relevant to statutory reporting. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in the field.
✨Tip Number 2
Brush up on your Excel skills, especially complex formulas and data analysis techniques. Since the role involves working with large financial models, showcasing your proficiency in Excel during discussions can set you apart from other candidates.
✨Tip Number 3
Network with professionals in the finance industry, particularly those who have experience in group financial accounting. Engaging with them can provide insights into the role and may even lead to referrals within the company.
✨Tip Number 4
Prepare to discuss your experience with cash flow management and interoffice accounting. Be ready to share specific examples of how you've contributed to these areas in previous roles, as this will align well with the responsibilities outlined in the job description.
We think you need these skills to ace Group Financial Accountant [Full-Time]
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance and accounting. Emphasize your technical financial accounting skills, attention to detail, and any experience with statutory auditors or producing financial statements.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention specific experiences that align with the responsibilities listed in the job description, such as preparing year-end reporting packages or managing cash flow.
Highlight Technical Skills: Since the role requires advanced Excel skills, be sure to mention your proficiency with complex formulas and large financial models. If you have experience with Power BI or similar tools, include that as well.
Showcase Communication Skills: Given the importance of written communication in this role, provide examples of how you've effectively communicated financial information to various stakeholders in previous positions. This could include preparing audit requests or presenting financial analyses.
How to prepare for a job interview at Simmons & Simmons LLP
✨Showcase Your Technical Skills
Make sure to highlight your technical financial accounting skills during the interview. Be prepared to discuss your experience with statutory auditors and producing financial statements, as well as your proficiency in advanced Excel, especially with complex formulas.
✨Demonstrate Attention to Detail
Given the high level of attention to detail required for this role, provide examples from your past experiences where your meticulousness made a difference. Discuss how you ensure accuracy when working with large financial models and data.
✨Prepare for Scenario-Based Questions
Expect questions that assess your ability to handle pressure and multi-tasking. Prepare scenarios where you successfully managed tight deadlines or resolved discrepancies in financial information, showcasing your problem-solving skills.
✨Communicate Effectively
Since the role involves daily contact with various stakeholders, practice articulating your thoughts clearly and concisely. Highlight your written communication skills and be ready to explain complex financial concepts in an understandable way.