Financial Accountant and Compliance Manager

Majestic Wine; England; Hybrid; GBP 40,000 - 55,000; Full time

Job summary

A leading UK wine retailer is seeking a Financial Accountant & Compliance Manager to take ownership of statutory reporting and lead financial compliance. The role entails managing audits, coordinating with accounting teams, and ensuring compliance with accounting standards. Candidates should be ACCA/ACA qualified with strong experience in statutory accounts preparation and knowledge of IFRS. This position offers a competitive salary, a performance-based bonus, and a hybrid working model with benefits.

Benefits

Competitive salary & performance related bonus

Up to 20% Staff Discount

33 days holiday including public and bank holidays

Life Assurance of 3 times your annual salary

Contributory Company Pension Plan

Career development opportunities

Free parking with charging points

Access to Retail Trust benefits

Company maternity, paternity and adoption leave

Cycle to Work and Car Lease salary sacrifice schemes

Qualifications

• Experience in preparing statutory accounts and audit files essential.
• Ability to manage tax compliance and VAT returns.
• Experience coordinating with external auditors.

Responsibilities

• Manage audits, technical accounting, and reporting compliance.
• Coordinate the audit program with management accounting teams.
• Prepare and submit VAT returns and ensure tax compliance.

Skills

Statutory accounts preparation

Knowledge of IFRS

Advanced Excel skills

Excellent communication skills

Attention to detail

Organisational skills

Education

ACCA/ACA Qualified

Tools

Sage/SEI

Job description

Overview

Ready to take ownership of statutory reporting and lead financial compliance for a major UK wine retailer? Join Majestic Wine Group as a Financial Accountant & Compliance Manager and play a key role in managing audits, technical accounting, and ensuring tax and reporting compliance across the business. Majestic is the UK's largest specialist wine retailer, operating over 200 stores nationwide. The role will work alongside the management accounting team, supporting them with technical know-how and taking responsibility for specific statutory accounting aspects such as IFRS16, and coordinating the audit program with management accounting teams and external advisors to ensure timely compliance for group entities.

Job Specifics: Contract Type: Permanent | Hours per week: 37.5 | Location: Watford. Minimum of 3 days a week in Majestic locations; hybrid working for the remaining 2 days.

Key Responsibilities

• Business expert on technical accounting questions and treatment of transactions in company records.
• Preparation of the annual financial statements for the individual entities and Consolidated group financial statements, and supporting documentation for the Groups audit committee.
• Oversight of the audit program, coordinating testing phases between the Groups auditors and the management accounting teams; supporting auditors with financial audits and ensuring deadlines are met.
• Ensuring audit adjustments are fully and accurately processed in company records.
• Preparation of the Groups Statutory Consolidations and year-end requirements such as impairment reviews and going concern justifications.
• Management of group leases within Innervision software, ensuring IFRS 16 compliance; ensuring the system is updated quarterly and reviewed for accuracy.
• Balance sheet reconciliations: preparation and review of reconciliations; support the wider finance team with the reconciliation process to meet business deadlines.
• Ownership of the Majestic Accounting Policies; ensuring all policies are documented, complete and aligned with accounting standards.
• Coordination with Tax advisors and oversight ensuring full disclosure and information provision; review of submissions and full tax compliance for group entities.
• Preparation, submission and oversight of the Groups VAT returns; annual PSA submissions and other tax filings.
• Oversight and coordination of Office for National Statistics returns (some preparation, some with management accountants).
• Any other activities required to complete the role.

Knowledge & Skills Required

• ACCA/ACA Qualified.
• Experience in preparing all aspects of statutory accounts including full disclosure notes and preparation of full audit file including balance sheet reconciliations – essential.
• Strong knowledge of accounting standards and an excellent understanding of IFRS.
• Advanced Excel skills.
• Sage/SEI experience desirable.
• Excellent communication skills; ability to liaise confidently and effectively at all levels of the business and external stakeholders.
• Attention to detail; ability to review work and ensure it is completed to a high standard.
• Highly organised and self-motivated with proven prioritisation ability.
• Ability to remain calm and function effectively under pressure.
• Embraces Majestic Ways of Working in all activities.

What’s in it for you

• A competitive salary & performance related bonus.
• Up to 20% Staff Discount.
• 33 days holiday, including public and bank holidays, with Holiday Purchase Scheme.
• Life Assurance of 3 times your annual salary.
• A contributory Company Pension Plan.
• Career development opportunities with in-house training schemes.
• Free parking at our Watford Support Centre, with electric charging points.
• Access to Retail Trust benefits including discounts, counselling and support services.
• Company maternity, paternity and adoption leave after 26 weeks; sick pay scheme.
• Cycle to Work and Car Lease salary sacrifice schemes.