Financial Accountant

Automobile Association Developments Ltd; Basingstoke; Hybrid; GBP 40,000 - 70,000; Full time

Job summary

Join a forward-thinking company as a Financial Accountant, where your expertise will drive financial excellence and governance. This pivotal role involves collaborating with the Financial Controller to manage financial reporting and ensure accuracy in all financial data. You'll be instrumental in enhancing system controls and supporting the Insurance Finance teams. With a commitment to employee development and a range of attractive benefits, this innovative firm offers a dynamic environment for those eager to make a significant impact in the industry.

Benefits

25 days annual leave plus bank holidays

Worksave pension scheme with employer contribution

Free AA breakdown membership

Discounts on AA products

Employee discount scheme

Company funded life assurance

Diverse learning and development opportunities

Employee Assistance Programme

24/7 remote GP service

Qualifications

• Experience in accountancy practice environment.
• Strong report writing skills and technical accounting knowledge.

Responsibilities

• Manage month-end processes for the Insurance Division.
• Prepare financial reports with analysis and commentary.
• Ensure accuracy and integrity of financial records.

Skills

Stakeholder Engagement

Technical Accounting Knowledge

Numeracy

Communication Skills

Initiative

Attention to Detail

Commercial Awareness

Education

Graduate Level Education

Part-Qualified ACA/ACCA/CIMA

Tools

SAP

BPC

Trintech

Microsoft Excel

Job description

Company Description/ Business Unit

Job Title: Financial Accountant
Location: Basingstoke - Hybrid (3 Days p/w) Employment Type: Permanent - Full-time

AA Summary

Assuming The AA is just about roadside help? There's more to us than meets the eye.

The AA is one of the UK's most well-known and trusted brands. We provide a range of services to millions of customers, from roadside assistance, financial services to insurance and driving lessons. Our mission is to help keep Britain moving, and we're looking for dedicated individuals to join our team. Are you ready to join?

#LI-DW1 #LI-Hybrid

This is the job

Step into a pivotal role as a Financial Accountant at the AA Group, where you'll lead the charge in delivering exceptional financial and accounting services. Collaborate with the Financial Controller to manage accounting, financial reporting, and technical support within our Insurance Finance teams. You'll ensure the highest standards of governance, control, and accuracy for all financial data, safeguarding the integrity of our Insurance accounts. Additionally, you'll be instrumental in maintaining and implementing robust system controls, enhancing both existing and new systems. If you're passionate about driving financial excellence and making a significant impact, this opportunity is tailor-made for you!

What will I be doing?

• Supporting the provision of information to enable the completion of month end for the Insurance Division, including ensuring accuracy and integrity of month end numbers and KPI's, compliance with all accounting requirements and reporting process and achieving all deadlines for both internal and external reporting

• Supporting the internal financial control framework requirements for the Insurance division

• Work closely with the commercial Insurance finance teams & the business to gain a sound understanding of the business and ensure reporting of performance can therefore be challenged, insightful and add value.

• Preparing consistent month end reports (both internal and external) with analysis and insightful commentary on the results (financial, KPI, balance sheet and cashflow). Ensuring the validity, accuracy and integrity of the monthly accounts and processes

• Preparing and reviewing balance sheet reconciliations, ensuring that any differences/issues are identified, reported and resolved

• Preparing financial due diligence reporting and ensuring due diligence principles are adhered to

• Supporting the forecast, budget and five-year plan submissions for the business and updating the planning and consolidation system

• Ensuring the integrity of the financial records and procedures necessary to ensure the consistency, accuracy and reliability of financial results

• Producing Retail Mediation Activities Returns (RMAR) for the FCA and any other regulatory requirements

• Challenge, understand, document and where possible improve all financial processes undertaken within the financial control/ reporting team

• Ensure correct accounting governance and integrity of all controls and recognition processes are adhered to (e.g. revenue recognition, exceptional policies etc)

• Proactively identify continual processes improvements, including automating and aligning reporting

• Liaising with external professional advisors and supporting interim and year-end audit work

• Ad hoc projects and involvement to support the wider Insurance and Group Finance teams.

What do I need?

• Excellent and proven stakeholder engagement
• Experience gained in an accountancy practice environment
• Strong technical accounting knowledge and experience
• Highly numerate with good communication skills, both verbal and written with strong report writing skills
• Experience of working with systems (e.g. SAP, BPC, Trintech) along with good IT skills.
• Advanced Microsoft Office skills - particularly Excel.
• ACA/ACCA/CIMA part-qualified accountant, towards the end of their studying
• Graduate level education
• Initiative to find solutions and improve ways of working
• Able to work unsupervised and outside defined scope of the role
• Highly accurate, thorough and reliable
• Self-motivated, highly organised and methodical with attention to detail.
• Commercially minded
• Great interpersonal skills
• Enthusiastic and ambitious
• Able to meet tight deadlines and deal with the prioritisation of conflicting requirements

Additional information

We're always looking to recognise and reward our employees for the work they do. As a valued member of The AA team, you'll have access to a range of benefits including:

• 25 days annual leave plus bank holidays + holiday buying scheme
• Worksave pension scheme with up to 7% employer contribution
• Free AA breakdown membership from Day 1 plus 50% discount for family and friends
• Discounts on AA products including car and home insurance
• Employee discount scheme that gives you access to a car salary sacrifice scheme plus great discounts on healthcare, shopping, holidays and more
• Company funded life assurance
• Diverse learning and development opportunities to support you to progress in your career
• Dedicated Employee Assistance Programme and a 24/7 remote GP service for you and your family

Plus, so much more!

We're an equal opportunities employer and welcome applications from everyone. The AA values diversity and the difference this brings to our culture and our customers. We actively seek people from diverse backgrounds to join us and become part of an inclusive company where you can be yourself, be empowered to be your best and feel like you truly belong. We have five communities to bring together people with shared characteristics and backgrounds and drive positive change.