Group Accountant

You will hold responsibility for the review of all financial data relating to group consolidation. You will also support the management accounting team with forecasting analysis. This is an ideal stepping stone for a first mover from practice.

Client Details

My client are a FTSE-listed FMCG organisation with Group Headquarters in Bristol. They frequently hire top quality, newly or recently qualified candidates making their first move from practice, placing them in financial reporting positions before progressing them through the organisation with frequent movers, often allowing them to quickly gain commercial exposure.

Description

Overall Role Purpose:

Responsibility for the review of financial and non-financial data relating to group consolidation, which forms the basis for internal and external reporting. Provide assistance during the monthly Group consolidation process, such as Intragroup reconciliations and dispute resolution, and preparation of Commitments and PPE notes to the financial statements. You will also support the management accounting team with forecasting analysis relating to central support cost centres and projects, and assist the back office treasury team with their month end close process.

Key Responsibilities:

Manage the process for consolidating the submissions of over 300 entities across the Group, to produce a single set of consolidated financial results for the Group, by:

• Overseeing the elimination of Intragroup transactions and balances
• Eliminating investments in subsidiaries in the Investment Register
• Ensuring entities complete their submissions accurately and on time
• Dealing with any issues that arise during the month-end process
• Liaising with entities around the world to provide guidance and advice on technical accounting and Group policy requirements
• Owning and managing the Intangibles Model, ensuring control and understanding over movements in the Group's Goodwill and Other Intangible Assets
• Ensuring that the movements in the Group's Exchange Translation Reserve can be explained
• Maintaining a high-level overview of costs and provisions being booked to Restructuring, and support the Cost & Cash team as required
• Reviewing Step Plan documents and liaise with Group Tax to ensure accuracy of the financial data; to consider any gains, losses or impairments that need to be booked; to prepare and communicate accounting entries for the detailed steps of the Step Plan; and to update the Investment Register as required
• Producing UK GAAP accounting records for subsidiary companies in an accurate, compliant and timely manner, ensuring the process is appropriately planned, communicated, controlled and documented as appropriate
• Acting as key contact for external auditors on Half Year and Year End audits, providing consolidation information and dealing with any queries
• Identifying process improvements to enhance efficiency and effectiveness

Profile

Candidate Requirements:

• Qualified accountant
• Ideally experience of working on a large and complex IFRS consolidation process, or with knowledge of this from an audit perspective
• Ability to liaise and enforce compliance across large geographically and culturally disparate groups
• Ability to deliver results through other team members while maintaining control and quality
• Close attention to detail where required
• Drive and enthusiasm to ensure team succeeds in achieving fixed and demanding deadlines
• Commitment and flexibility to work to tight and demanding deadlines

Job Offer

This role will pay generous basic salary, plus a market leading benefits package