At a Glance
- Tasks: Prepare financial reports, manage accounts, and support audit processes in a dynamic finance team.
- Company: Join Yell, a leading company in software development and IT services.
- Benefits: Enjoy competitive salary, 31+ days holiday, wellness resources, and gym discounts.
- Other info: Flexible working with opportunities for career growth and recognition.
- Why this job: Make an impact in finance while developing your skills in a supportive environment.
- Qualifications: Qualified Accountant with experience in financial reporting and strong analytical skills.
The predicted salary is between 36000 - 60000 £ per year.
The Financial Reporting Analyst will play a critical role within the Finance team, reporting directly to the Head of Accounting & Financial Reporting. This position is responsible for the timely and accurate preparation of monthly management accounts, VAT returns and statutory financial statements for multiple entities including consolidations. The role also oversees transactional accounting activities performed by the offshore accounting team, ensuring compliance with accounting standards (IFRS, FRS 101, FRS 102) and internal controls. The role acts as a key link between finance, audit, and business stakeholders, driving process improvements and supporting informed financial decision‑making.
Location: Reading Office (expected attendance at least 2 days a week, flexible).
Role responsibilities
- Month‑End Reporting: Prepare monthly management accounts (P&L, balance sheet, and cash flow) for trading and holding entities using a consolidation system including intercompany reconciliations and group eliminations.
- Statutory Reporting: Prepare standalone and consolidated financial statements in accordance with IFRS, FRS 101, and FRS 102 standards.
- Treasury & Banking: Support daily cash management activities, monitor offshore accounts payable transactions, and assist with cash forecasting and treasury activities.
- Balance Sheet & Controls: Perform key balance sheet reconciliations, including debtors and bad debt provision calculations, analyse working capital, and post monthly journals in SAP to ensure robust financial control.
- Functional P&L Ownership: Manage and report on P&L for designated business areas, fostering strong relationships with budget holders to support accurate forecasting and financial insights.
- Tax & VAT Compliance: Prepare quarterly VAT returns and annual corporation tax information packs for review by the Financial Controller.
- Audit Support: Act as a key contact for external auditors, coordinating and preparing audit requests, providing supporting documentation, and assisting with audit testing.
- Technical Accounting & Policy: Support the preparation of accounting memos and help to maintain up‑to‑date group accounting policies. Contribute to ad‑hoc technical accounting projects and keep up to date with financial reporting and regulatory changes.
- Process Improvement: Identify control weaknesses and recommend process enhancements to improve reporting accuracy, efficiency, and compliance.
Qualifications
- Qualified Accountant (ACA or ACCA) with experience preparing statutory accounts under IFRS and FRS 101, including exposure to group consolidations.
- Demonstrated experience in month‑end close processes, balance sheet reconciliations, and financial reporting.
- Experience of preparing VAT returns and corporation tax filings.
- Proficient in SAP (or equivalent ERP system) and experienced in using a consolidation system such as IBM Cognos.
- Proficient in MS Word.
- Advanced Excel skills (including lookups, IF statements, dynamic formulas, and advanced pivot tables) and exposure to Power BI or similar business intelligence tools.
- Experience working with offshore finance teams or shared service centres is highly desirable.
- Excellent analytical, problem‑solving, and workload management skills, with strong attention to detail and a commitment to delivering high‑quality outputs.
- Up‑to‑date on financial reporting developments.
Closing date Wednesday 26th November
Additional Information
- Competitive Salary
- At least 31 days holiday (inc. public holidays), building to 34 over 5 years
- Savings at over 900 outlets, inc. supermarkets, fashion, electronics, and travel
- Access to mind, money and movement wellbeing resources and gym discounts
- Savings on eyecare and free eye tests
- Company‑wide and local recognition schemes
- 24/7 Employee Assistance Programme support
- Pension scheme for colleagues aged 22 to State Pension Age
- Life insurance for all
Seniority level Mid‑Senior level
Employment type Full‑time
Job function Finance
Industries Software Development and IT Services and IT Consulting
Financial Reporting Analyst in Southampton employer: Yell
Yell is an exceptional employer that fosters a dynamic and supportive work culture in Stafford, where innovation and collaboration thrive. Employees benefit from comprehensive training programmes, opportunities for professional growth, and the chance to work with a prestigious client base, all while enjoying a flexible work environment that prioritises work-life balance.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Reporting Analyst in Southampton
✨Network Like a Pro
Get out there and connect with people in the finance industry! Attend events, join online forums, or even hit up LinkedIn. The more connections we make, the better our chances of hearing about job openings before they’re even advertised.
✨Ace the Interview
When you land that interview, be ready to showcase your skills and experience. Prepare examples of how you've tackled financial reporting challenges in the past. We want to show them we’re not just qualified, but also passionate about making an impact!
✨Follow Up
After the interview, don’t just sit back and wait! Send a quick thank-you email to express our appreciation for the opportunity. It keeps us on their radar and shows we’re genuinely interested in the role.
✨Apply Through Our Website
Make sure to apply directly through our website for the best chance at landing that Financial Reporting Analyst role. It’s the easiest way for us to keep track of applications and ensure we get noticed!
We think you need these skills to ace Financial Reporting Analyst in Southampton
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Financial Reporting Analyst role. Highlight your experience with IFRS, FRS standards, and any relevant software like SAP or IBM Cognos. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about finance and how your background makes you a great fit for our team. Don’t forget to mention any process improvements you've implemented in previous roles.
Showcase Your Analytical Skills:In your application, be sure to highlight your analytical and problem-solving skills. We love candidates who can demonstrate their ability to manage workloads and deliver high-quality outputs, especially in month-end reporting and balance sheet reconciliations.
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and we’ll be able to track your application better. Plus, we can’t wait to see what you bring to the table!
How to prepare for a job interview at Yell
✨Know Your Numbers
As a Financial Reporting Analyst, you'll be dealing with a lot of figures. Brush up on your knowledge of IFRS and FRS standards, and be ready to discuss how you've applied them in previous roles. This shows you’re not just familiar with the theory but can also implement it practically.
✨Master Your Tools
Familiarise yourself with SAP and any consolidation systems like IBM Cognos. If you have experience with advanced Excel functions or Power BI, be prepared to share specific examples of how you've used these tools to enhance reporting accuracy or efficiency.
✨Showcase Your Process Improvement Skills
Think of instances where you've identified control weaknesses or suggested process enhancements. Be ready to discuss these examples during the interview, as they demonstrate your proactive approach and commitment to improving financial processes.
✨Build Relationships
The role involves liaising with various stakeholders, so highlight your experience in fostering strong relationships with budget holders or offshore teams. Share examples of how effective communication has led to better financial insights or smoother month-end processes.
