Financial Accountant

Role Overview

• Support the Overheads Finance Manager and Assistant Financial Accountants within the team to establish and maintain high quality and timely management accounts
• Day to day team management including objective setting and regular one to one reviews.
• Help develop and motivate staff by providing them with clear direction to achieve their goals
• Review of period related P&L trend analysis and analytical reviews for their entity/entities to ensure Group and the business have a good insight into key movements and the financial performance of each entity, highlighting any exceptions to management
• Maintain the period related balance sheet reconciliation process, ensuring that all aged items are managed and cleared in a timely manner, working with other parts of the business as necessary
• Maintain a period related balance sheet reconciliation schedule for each entity detailing the balances with supporting evidence, to be reviewed at quarterly BSR meetings (Balance Sheet Review) with the Overheads Finance Manager and Financial Controller
• Ownership of the inter-company position of all entities under remit, ensuring this is reconciled monthly to agree with the other group entities
• To work with the Commercial Finance Business Partners to ensure all accruals, prepayments and ad hoc journals are processed with a high level of accuracy and understanding for reporting within the management accounts and provide support on the variance to budget analysis
• Collaborate with lines of business (Travel, Health and Multilines) around scheme specific arrangements (compensation funds, technology funds) and expected revenue and reflect updates in the management reporting.
• Support the Finance Operations team to ensure all transactions processed are accurate and complete and recorded in a timely manner
• Support the Overheads Finance Manager on all audits (including but not limited to, internal, 3rd party or year-end), reviewing the year end Group Statutory packs with supporting evidence for balances as required as well as assist with managing audit requests ensuring the evidence for audit samples is sufficient to support the sample requests and performing the walkthroughs with explanations for postings and processes
• Manage the completion of VAT, Corporation Tax, CASS and any 3rd party reporting as required
• Preparation of periodic Board packs and other senior level reporting
• Manage the delivery of the cashflow forecast for their entity/entities
• Assist with continuous improvements, supporting UAT as required
• Ensure robust controls are in place and look to enhance where possible
• Keeping abreast of accounting developments to ensure that the impact of changes are understood
• Ensuring all process documents are regularly reviewed and updated
• Strive to deliver process improvements, delivering ‘best’ in class processes

Requirements

• Qualified Accountant (ACCA, CIMA, ACA or Equivalent) or qualified by experience
• Good knowledge of SAP preferable
• High personal levels of motivation and delivery orientated focus
• Able to work well under pressure
• A proactive, forward-looking and challenging mindset
• Detail focused with strong organisation and planning skills
• Ability to interact with and develop working relationships internally and externally to achieve best outcomes for the business and customer
• Experience of leading high performing teams
• Ability to encourage, train and develop the Assistant Financial Accountants
• Knowledge and experience of best practice within industry to consistently improve delivery within department

Benefits

• None specified