Group Financial Accountant
- Full Time
As part of the continued development, we are looking for a Group Financial Accountant to join our new team to deal with core accounting tasks. Resourcing this new team has created a vacancy which presents an exciting opportunity for a technically proficient and commercially minded individual to join the team to maintain the integrity of statutory reporting requirements whilst still delivering commercial insight to the reconciliation and maintenance of our net asset base. Reporting to the Accounts Manager, this role is a key business partner to both the accounting services and services teams along with responsibility for ensuring all commercial business partners are both aware and prepared for the impact of changing accounting standards in their management. In addition, the role requires some non-financial reporting to ensure compliance with FCA and other regulatory requirements. Maintaining Group balance sheets, overseeing Group cash flow forecasting model changes, treasury management including daily cash flow and external borrowing support reporting as well as ensuring that the derivative instruments and non-current asset reporting meets all accounting standard requirements. As a Group Financial Accountant, your daily duties will include: Ensuring the accounts at period end, half year end and year-end continue to meet the requirements of all new and existing accounting standards. Completing period end consolidated subsidiary balance sheets, reviewing to highlight anomalies and escalate to resolve. Completing work already started to ensure IFRS16 (lease accounting) compliance by FY20, with an estimate of the impact at FY19 year-end. Account Management of all external finance arrangements with banks, maintaining and forecasting covenant requirements. Calculating, budgeting and forecasting derivative instrument assets and liabilities, reporting both balance sheet and income statement disclosures including fx derivative contracts; defined benefit pension scheme; share-based payments. Preparing and agreeing with auditors on all subsidiary annual statutory statements with onward submission to Companies House. Ad hoc support to Investor Relations team to ensure reporting used in quarterly trading statements and half-yearly interim and prelim reporting is consistent with audited annual report and accounts. Updating the working capital cash flow model every period end to reflect both actuals and commercial finance business partners latest forecasts. Undertaking related account maintenance, reporting, budgeting & forecasting, including legal and professional, subscriptions, consultancy and bank interest costs. Exceptional cost reporting and reconciliation, liaising with the team to manage and reconcile the customer redress provisions and cashflow forecasts. Regulatory reporting including FCA, ONS. To be a successful Group Financial Accountant, you will have the following skills and experiences: Formal CIMA/ACA/ACCA qualification or equivalent. To be technically astute with an appreciation of applicable reporting standards is critical Experience of working in the retail sector would be preferred but is not essential. Being close to the detail, data-driven and analytical whilst also being able to articulate results clearly to non-financial individuals. A strong operational delivery track record motivated to implement/deliver on time to quality standards and build new efficient processes. Demonstrated ability to quickly appraise complex situations, identify key issues and make tough, timely decisions. The ability to influence and negotiate at all levels of the organisation and experienced in communicating commercial language with a variety of media. To be naturally inquisitive with a desire to understand a broad range of commercial issues. In return, an Accountant will receive a salary of £45,000 per annum. To apply for this role as an Accountant, please click apply online and upload an updated copy of your CV.