At a Glance
- Tasks: Prepare statutory accounts and liaise with auditors while ensuring compliance with UK GAAP.
- Company: Join a global firm located in the vibrant Canary Wharf, London.
- Benefits: Enjoy a 9-day fortnight, giving you every second Friday off!
- Why this job: Be part of a dynamic team, enhancing your financial skills in a supportive environment.
- Qualifications: Must be a qualified accountant with 5+ years in financial accounting and UK GAAP knowledge.
- Other info: Ideal for those who thrive under pressure and want to make an impact in finance.
The predicted salary is between 48000 - 72000 £ per year.
We are looking for a Senior Statutory Reporting Financial Accountant for a Global firm based in Canary Wharf, London. The role is predominantly office based in Canary Wharf. The company offers a 9-day fortnight (every second Friday you have off as holiday). Reporting to the Manager UK & HQ Financial Accounting, this individual is responsible for providing financial accounting services to the company's Europe business.
Responsibilities:
- Prepare statutory accounts for UK entities with supporting schedules and documentation to meet external audit requirements.
- Liaise directly with company auditors (KPMG) and coordinate responses to audit testing.
- Research and apply UK GAAP accounting policy for new or changing business activity.
- Post UK GAAP adjustments into unconsolidated companies in SAP.
- Take a lead role in the interim and year-end SOX control audits, prepare supporting schedules and analysis, and answer queries from KPMG as they arise.
- Ensure timely and accurate internal monthly corporate reporting to our headquarters in the US, including Benefit analysis, Ad valorem taxes, and Allowance for doubtful accounts reports.
- Perform month-end close activities as assigned, including accruals and amortisations, payroll accounting, currency revaluations, and other ad hoc journals.
- Undertake monthly balance sheet account reconciliations, ensuring open items are followed up and cleared on a timely basis.
- Critically review accounting entries in SAP and overall account balance variances on a monthly basis to ensure overall integrity of the data in SAP.
- Perform ad hoc statutory and analytical work to support the Manager UK & HQ Accounting and the Europe business.
- Represent the financial accounting team on work streams and projects.
Qualifications and Competencies:
- Educated to degree level and must be a qualified accountant (ACA/ACCA/CIMA).
- Up-to-date knowledge of UK GAAP accounting standards (FRS102).
- Post qualification experience in financial accounting and statutory reporting gained in either Practice or a commercial environment (5+ years).
- Excellent verbal and written communication skills with strong interpersonal skills.
- Ability to clearly summarise complex financial reporting issues and articulate them to a non-finance audience.
- Effective analytical and problem-solving skills.
- Ability to prioritise and handle multiple tasks concurrently, manage own time and meet all deadlines.
- Experience working in a high-pressure environment.
- Advanced user of Excel & SAP.
- Experience using Thomson Reuters OneSource Accounts Production software preferred but not essential.
Senior Financial Reporting Accountant employer: Taylor James Resourcing
Contact Detail:
Taylor James Resourcing Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Financial Reporting Accountant
✨Tip Number 1
Familiarise yourself with UK GAAP accounting standards, especially FRS102, as this is crucial for the role. Consider brushing up on any recent changes or updates to ensure you're well-prepared to discuss your knowledge during the interview.
✨Tip Number 2
Network with professionals in the financial accounting field, particularly those who have experience with KPMG or similar firms. Engaging with them can provide insights into the company culture and expectations, which can be beneficial during your application process.
✨Tip Number 3
Prepare to discuss your experience with SAP and Excel in detail, as these are key tools for the position. Think of specific examples where you've used these systems to solve problems or improve processes in your previous roles.
✨Tip Number 4
Showcase your ability to communicate complex financial information clearly. Practice explaining financial concepts in simple terms, as this will demonstrate your strong interpersonal skills and ability to engage with non-finance audiences during the interview.
We think you need these skills to ace Senior Financial Reporting Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your qualifications and experience relevant to the Senior Financial Reporting Accountant role. Emphasise your knowledge of UK GAAP, financial accounting, and statutory reporting, as well as any experience with SAP and Excel.
Craft a Compelling Cover Letter: Write a cover letter that specifically addresses the responsibilities mentioned in the job description. Discuss your experience with preparing statutory accounts, liaising with auditors, and handling month-end close activities. Show enthusiasm for the role and the company.
Highlight Relevant Qualifications: Clearly state your qualifications, such as being ACA/ACCA/CIMA certified, and mention your degree. Include any additional training or certifications that may be relevant to the role, especially those related to financial reporting and accounting standards.
Showcase Soft Skills: In your application, highlight your communication skills and ability to summarise complex financial issues. Provide examples of how you've effectively managed multiple tasks and worked under pressure, as these are key competencies for the role.
How to prepare for a job interview at Taylor James Resourcing
✨Know Your UK GAAP Inside Out
Since the role requires up-to-date knowledge of UK GAAP accounting standards, make sure you brush up on FRS102 and any recent changes. Be prepared to discuss how these standards apply to real-world scenarios, especially in relation to statutory accounts.
✨Demonstrate Your Communication Skills
This position involves liaising with auditors and presenting complex financial issues to non-finance audiences. Practice summarising intricate financial concepts in simple terms, and be ready to showcase your verbal and written communication skills during the interview.
✨Showcase Your Analytical Abilities
The role demands effective analytical and problem-solving skills. Prepare examples from your past experience where you've successfully tackled financial discrepancies or improved reporting processes. Highlight your ability to think critically under pressure.
✨Familiarise Yourself with SAP and Excel
As an advanced user of SAP and Excel is essential for this role, ensure you can discuss your experience with these tools confidently. If possible, prepare to demonstrate your proficiency with specific examples of how you've used them in previous roles.