At a Glance
- Tasks: Join our finance team to manage month-end close and ensure compliance with accounting standards.
- Company: Dynamic organisation focused on financial excellence and compliance.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Why this job: Make a real impact in financial reporting and compliance while developing your skills.
- Qualifications: Qualified or part-qualified accountant with 3+ years of relevant experience.
- Other info: Collaborative environment with a focus on career advancement and skill development.
The predicted salary is between 36000 - 60000 £ per year.
We are seeking a highly skilled and detail-oriented Group Reporting & Compliance Accountant to join our finance team. The ideal candidate will be responsible for month-end close and consolidation processes, preparing financial statements, and ensuring compliance with accounting standards and regulations. This role requires strong analytical skills and a deep understanding of accounting principles and financial controls.
Key Responsibilities
- Prepare reconciliations for selected balance sheet accounts and resolve discrepancies.
- Prepare statutory financial statements for selected entities, ensuring compliance with IFRS and local GAAP where applicable.
- Assist in the preparation of monthly, quarterly, and annual financial reports.
- Maintain consolidation journals (FX, eliminations, equity movements) and chart of accounts/master data governance.
- Contribute to the completion of a month-end timetable.
- Support budgeting and forecasting with group accounting guidance and consolidation of plans.
- Support with Intercompany reconciliations within the group.
- Support the transactional team with implementation of controls and processes to support compliant processes that drive reporting efficiencies.
- Manage the Accounts Receivable and Accounts Payable Ledgers for Magpie entities.
- Prepare and review journals and support the management accounts team on technical accounting matters.
Compliance
- Prepare and submit tax returns (VAT, corporate tax, etc.) in compliance with local tax regulations.
- Serve as the point of contact for external accountants.
- Support internal and external audits by providing necessary documentation and explanations.
- Act as a primary liaison for external auditors; coordinate audit queries with the wider business and resolve queries efficiently.
- Support management accounts teams across the globe with audit queries and other tax compliance needs.
- Support the completion of the Corporation Tax Submission.
- Assist the Senior Group Reporting & Compliance Accountant with documenting consolidated accounting processes for all entities across the group.
- Support the organisation to achieve compliance and consistency in processes in areas outside of finance such as stock, revenue and cost of sales recording processes.
- Support on adhoc needs across the group for compliance, technical accounting, tax treatments and on how to correctly post/maintain entries in D365 system.
Qualifications & Experience
- Qualified or part-qualified accountant (ACA/ACCA/CIMA or equivalent).
- 3+ years of experience in a financial accounting or similar role.
- In-depth knowledge of accounting standards (IFRS, GAAP) and relevant tax laws.
- Strong understanding of controls, reconciliations, and audit evidence requirements.
- Experience with external audit engagement and statutory accounts preparation.
- Proficiency in accounting software (e.g., SAP, Oracle, D365, etc.).
- Strong Excel skills, including the ability to work with complex formulas and large datasets.
Group Reporting and Compliance Accountant in Billingham employer: Tracerco
Contact Detail:
Tracerco Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Group Reporting and Compliance Accountant in Billingham
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work in compliance or reporting. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Make sure you can confidently discuss IFRS, GAAP, and your experience with financial statements. We want you to shine when they ask about your month-end close processes!
✨Tip Number 3
Showcase your analytical skills during interviews. Bring examples of how you've resolved discrepancies or improved compliance processes in previous roles. This will demonstrate your value as a Group Reporting & Compliance Accountant.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Group Reporting and Compliance Accountant in Billingham
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Group Reporting & Compliance Accountant role. Highlight your experience with month-end close, financial statements, and compliance with IFRS and GAAP. We want to see how your skills match what we're looking for!
Showcase Your Skills: In your application, don’t just list your qualifications; showcase your analytical skills and understanding of accounting principles. Use specific examples from your past roles that demonstrate your expertise in financial controls and reconciliations.
Be Clear and Concise: When writing your cover letter, keep it clear and concise. We appreciate straightforward communication, so get to the point about why you’re a great fit for this role and how you can contribute to our finance team.
Apply Through Our Website: We encourage you to apply through our website for the best chance of being noticed. It’s super easy, and you’ll be able to submit all the necessary documents in one go. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at Tracerco
✨Know Your Numbers
Make sure you brush up on your accounting principles and standards, especially IFRS and local GAAP. Be ready to discuss how you've applied these in your previous roles, particularly in month-end close processes and financial statement preparation.
✨Showcase Your Analytical Skills
Prepare examples that highlight your analytical skills, especially in resolving discrepancies and preparing reconciliations. Think of specific instances where your attention to detail made a difference in compliance or reporting efficiency.
✨Familiarise Yourself with the Tools
If you’ve worked with accounting software like SAP, Oracle, or D365, be prepared to discuss your experience. Highlight any complex Excel functions you’ve used, as this will demonstrate your technical proficiency and ability to handle large datasets.
✨Prepare for Compliance Questions
Expect questions about tax regulations and audit processes. Be ready to explain how you've supported internal and external audits in the past, and how you ensure compliance in your work. This shows you understand the importance of accuracy and regulatory adherence.