Group Financial Accountant

Group Financial Accountant

Newton Temporary 60000 - 84000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Produce high-quality group consolidated financial accounts and manage the group close process.
  • Company: Join a leading force in their sector with a strong focus on finance and innovation.
  • Benefits: Enjoy a competitive salary, great benefits package, and a supportive work culture.
  • Why this job: Be part of a dynamic team that values performance and fosters professional growth.
  • Qualifications: Professionally qualified (ACA, CIMA, ACCA) with experience in group consolidated management accounts.
  • Other info: Opportunity to champion a new ERP system and work closely with senior executives.

The predicted salary is between 60000 - 84000 £ per year.

A 12 Month Fixed Term Contract with a salary of £70,000 - £80,000 plus a great benefits package in Cambridge.

Our client, a leading force within their chosen sector, has a key opening within their group finance team for a technically strong finance professional with a strong consolidation skillset. The principal purpose of the role is to ensure timely production of high-quality group consolidated monthly financial and management accounts, which are regularly reviewed by the senior executive team. In addition, the successful candidate will champion the soon to be implemented new ERP system.

Key responsibilities will include:

  • Run the main group close process and produce the monthly group consolidated management accounts, including reviewing and analysing intercompany reports, preparing balance sheet reconciliations, and reviewing Group cashflows.
  • Prepare statutory accounts for legacy group entities, including audited consolidated accounts, ensuring all statutory filing deadlines are met.
  • Simplify and eliminate elements of the previous holding structure, including offsetting intercompany loan balances and instruments.
  • Work closely with the Group Tax Manager to assess the tax implications of structural changes and maximise tax efficiencies.
  • Produce quarterly forecast group consolidated management accounts, annual budget and various strategic forecasts.
  • Review monthly financial submissions from operating businesses, liaising with colleagues to ensure compliance of reported results with Group policy.
  • Review the monthly management report to Senior executives.
  • Prepare monthly reporting financial packs for the Head Office.
  • Work with the Group Management Accountant and Group System Accountant to develop and evolve reporting input schedules and templates to maximise the accuracy of data entry.
  • Work with and challenge CFO to continually improve quality of management accounting and reporting.
  • Provide deliverables for the Annual and Interim external audit.

The successful candidate will be professionally qualified (ACA, CIMA, ACCA) and have a proven track record of producing group consolidated management accounts. They will have experienced IFRS accounting and be able to give multiple examples of when they have added value across a complex private equity funded setup.

In return, our client offers a working culture that is professional but social, diverse but inclusive and an environment where effort and performance are acknowledged and rewarded accordingly.

Group Financial Accountant employer: Vitae Financial Recruitment

Our client is an exceptional employer, offering a dynamic and supportive work environment in Cambridge that fosters professional growth and collaboration. With a strong emphasis on employee development, the company provides a comprehensive benefits package and encourages a culture of inclusivity and recognition, making it an ideal place for finance professionals to thrive and make a meaningful impact.
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Contact Detail:

Vitae Financial Recruitment Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Group Financial Accountant

✨Tip Number 1

Familiarise yourself with the latest ERP systems, as you'll be championing a new one in this role. Understanding how these systems work and their benefits can set you apart during discussions with the hiring team.

✨Tip Number 2

Brush up on your IFRS accounting knowledge. Be prepared to discuss specific examples of how you've applied these standards in previous roles, especially in relation to group consolidated management accounts.

✨Tip Number 3

Network with professionals in the finance sector, particularly those who have experience in private equity funded setups. They can provide insights and potentially refer you to opportunities within their networks.

✨Tip Number 4

Prepare to discuss your experience with statutory accounts and audits. Highlight any challenges you've faced and how you overcame them, as this will demonstrate your problem-solving skills and attention to detail.

We think you need these skills to ace Group Financial Accountant

Group Consolidation
Financial Reporting
IFRS Accounting
Statutory Accounts Preparation
Balance Sheet Reconciliation
Intercompany Transactions Analysis
Tax Compliance and Efficiency
Budgeting and Forecasting
Management Accounting
ERP System Implementation
Audit Preparation
Data Analysis
Attention to Detail
Communication Skills
Stakeholder Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience with group consolidated management accounts and IFRS accounting. Use specific examples from your previous roles that demonstrate your ability to produce high-quality financial reports.

Craft a Compelling Cover Letter: In your cover letter, explain why you are the perfect fit for this role. Mention your professional qualifications (ACA, CIMA, ACCA) and how your skills align with the responsibilities outlined in the job description, particularly your experience with ERP systems.

Highlight Relevant Achievements: When detailing your work history, focus on achievements that relate to the key responsibilities of the role. For instance, discuss any successful projects where you improved financial reporting processes or maximised tax efficiencies.

Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no spelling or grammatical errors, as attention to detail is crucial in finance roles. A polished application reflects your professionalism.

How to prepare for a job interview at Vitae Financial Recruitment

✨Showcase Your Technical Skills

Make sure to highlight your experience with group consolidated management accounts and IFRS accounting during the interview. Be prepared to discuss specific examples where you've successfully navigated complex financial scenarios, as this will demonstrate your technical proficiency.

✨Understand the New ERP System

Since the role involves championing a new ERP system, do some research on the system they plan to implement. Familiarise yourself with its features and benefits, and be ready to discuss how you can contribute to a smooth transition and improve reporting accuracy.

✨Prepare for Scenario-Based Questions

Expect questions that assess your problem-solving abilities, especially regarding tax implications and structural changes. Prepare scenarios from your past experiences where you successfully maximised tax efficiencies or simplified financial structures.

✨Demonstrate Your Collaborative Spirit

This role requires working closely with various stakeholders, including the Group Tax Manager and CFO. Be ready to share examples of how you've effectively collaborated with others in previous roles to enhance financial reporting and management accounting.

Group Financial Accountant
Vitae Financial Recruitment
V
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