Financial Accountant in Glasgow

Financial Accountant in Glasgow

Glasgow Full-Time 55000 - 65000 £ / year (est.) No working from home possible
The Infected Blood Compensation Authority

At a Glance

  • Tasks: Lead financial accounting processes and ensure accurate financial record-keeping.
  • Company: Join the Infected Blood Compensation Authority, making a real difference in people's lives.
  • Benefits: Competitive salary, Civil Service Pension Scheme, and support for career transitions.
  • Other info: Dynamic environment with opportunities for professional growth and development.
  • Why this job: Be part of a mission-driven team that values your expertise and impact.
  • Qualifications: Fully qualified accountant or working towards CCAB, CIMA, or equivalent.

The predicted salary is between 55000 - 65000 £ per year.

Location: Glasgow, Newcastle-upon-Tyne

About the job

The Infected Blood Compensation Authority (IBCA) is a new arm’s-length body set up to administer compensation to people whose lives have been impacted by the infected blood scandal. IBCA will ensure payment is made in recognition of the wrongs experienced by those who have been infected by HIV, Hepatitis B or C, as well as those who love and care for them.

This role offers a unique opportunity to apply your professional financial expertise to a highly impactful cause, within a fast-paced environment. As a Financial Accountant, you will work within the Financial Accounting team, a core component of the IBCA Finance team. Within the role, you will act as an internal technical expert, with responsibility and leadership of key aspects for external reporting and group compliance.

You will play a crucial part in applying and continuously improving robust financial controls with supporting documentation and reporting. You will ensure absolute ledger integrity and provide expert technical accounting advice to professionally support the Infected Blood Compensation Authority, our accounting officer and our audit, risk and assurance committee.

You’ll succeed in this role if you enjoy a technical challenge, like variety, and thrive in a fast-paced scaling organisation.

A Financial Accountant at IBCA will be a driving force in ensuring the financial integrity and operational effectiveness of the organisation. You will take ownership of complex day-to-day financial accounting processes, maintain robust internal controls, and ensure highly accurate financial record-keeping.

  • Ledger & Data Integrity: Taking ownership of complex financial accounting processes, ensuring the absolute accuracy and integrity of the general ledger, reconciliations, and financial systems.
  • Technical Accounting: Leading on specific technical workstreams, including the practical calculation, accounting treatment, and monitoring of compensation scheme provisions and capital assets.
  • Financial Controls: Designing, implementing, and maintaining robust internal financial controls and accounting policies suited to a newly established statutory body.
  • ARA & Audit Support: Working for the Financial Accounting & Reporting Lead to supply highly accurate underlying data for the Annual Report and Accounts (ARA) and actively supporting external and internal audit processes.
  • Advisory & Compliance: Providing expert technical accounting advice to diverse stakeholders across the IBCA and ensuring strict adherence to accounting standards, Managing Public Money guidelines and statutory tax compliance.
  • Team Member: Motivating, and working with colleagues across finance and IBCA to foster a high-performing, supportive, and continuous-improvement culture.

Person specification

  • Technical Expertise: A fully qualified accountant or working towards (CCAB, CIMA, or equivalent) qualification with commitment to complete the qualification whilst at IBCA. This role requires detailed and practical knowledge of International Financial Reporting Standards (IFRS) with experience applying standards to complex scenarios.
  • Control Environment: Proven experience in designing, implementing, and continuously improving robust financial controls and accounting processes, ideally within a public sector or newly established environment.
  • Analytical Rigour: Exceptional analytical and problem-solving abilities, with a meticulous eye for detail and a steadfast commitment to data integrity and accurate record-keeping.
  • Stakeholder Engagement: Experience developing strong, sustainable relationships with internal and external stakeholders, alongside the ability to clearly communicate complex accounting concepts to non-finance audiences.
  • Systems Proficiency: Highly competent use of IT packages and financial systems, coupled with excellent organisational and time-management skills.

Additional information: A minimum 60% of your working time should be spent at your principal workplace. Although requirements to attend other locations for official business will also count towards this level of attendance.

Qualifications: A fully qualified accountant or working towards (CCAB, CIMA, or equivalent)

Behaviours: We’ll assess you against these behaviours during the selection process: Working Together, Managing a Quality Service

Technical skills: We’ll assess you against these technical skills during the selection process: Financial Accountancy

Financial Accountant in Glasgow employer: The Infected Blood Compensation Authority

The Infected Blood Compensation Authority (IBCA) is an exceptional employer dedicated to making a meaningful impact in the lives of those affected by the infected blood scandal. With a strong commitment to employee development, IBCA fosters a supportive work culture that encourages professional growth and collaboration across teams. Located in vibrant cities like Glasgow and Newcastle-upon-Tyne, employees benefit from a dynamic environment while contributing to a vital cause, ensuring their work is both rewarding and fulfilling.

The Infected Blood Compensation Authority

Contact Details:

The Infected Blood Compensation Authority Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Financial Accountant in Glasgow

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like The Infected Blood Compensation Authority. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Financial Accountant in Glasgow

Financial Accounting
Technical Accounting
International Financial Reporting Standards (IFRS)
Analytical Skills
Problem-Solving Skills
Data Integrity
Financial Controls

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 The Infected Blood Compensation Authority.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on The Infected Blood Compensation Authority's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at The Infected Blood Compensation Authority

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 The Infected Blood Compensation Authority.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at The Infected Blood Compensation Authority 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 The Infected Blood Compensation Authority 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.