Group Financial Analyst

Colart International Holdings Ltd.; London; Hybrid; GBP 45,000 - 60,000; Full time

Job summary

A leading company in the art supplies industry seeks a Group Financial Analyst to enhance financial reporting accuracy. You will collaborate with global finance teams, manage consolidation processes, and support audits. Ideal candidates are part-qualified in accounting with strong analytical skills and experience in multi-currency environments. Join us in inspiring creativity while contributing to sustainability and diversity initiatives.

Benefits

Pension Scheme

Life Insurance

Employee Assistance Programme

25 Days Annual Leave

Colart Product Discounts

Qualifications

• Partially or newly qualified professional accounting qualification.
• Experience in the complete preparation of financial statements.
• Exposure to IFRS reporting and UK GAAP.

Responsibilities

• Maintain systems with monthly FX rates and manage intercompany loan schedules.
• Execute consolidation processes and produce analysis packs for management.
• Support annual Group Audits and coordinate schedules.

Skills

Analytical Skills

Communication

Adaptability

Education

ACCA

CIMA

ACA

Tools

Excel

ERP Systems

Job description

Benefits: Comprehensive package including pension scheme, life insurance, employee assistance programme, 25 days annual leave, Colart product discounts, hybrid working model

Reports to: Head of Group Finance

Purpose of the Role:

The role of Group Financial Analyst focuses on providing efficient and accurate financial reporting. You will collaborate with colleagues in both the Group and Global Finance teams to ensure that month and year-end consolidated financial results are accurately processed and reported to the parent group by the designated deadlines. Your role includes activities such as executing consolidation checks, preparing month-end group adjustment journals, analysing cash flow forecasting and participating in budgeting and forecasting activities.

Key Responsibilities:

• Maintain systems and subsidiaries with monthly FX rates as provided by the parent group and support the maintenance of the chart of accounts as needed.
• Manage intercompany loan schedules and coordinate intercompany and netting settlements.
• Issue accounting instructions and updates to the Group’s subsidiaries and monitor the completion of submissions by entities while escalating any issues.
• Execute consolidation processes, perform standardized checks and post group adjustments at each period end, producing analysis packs for management review.
• Support subsidiary accounting teams in submitting reporting into Group systems and monitor cash flow projections versus bank records.
• Act as an administrator for group-owned systems, managing user registrations and deactivations.
• Provide support for annual Group Audits and coordinate schedules to support group financial positions.
• Partially or newly qualified professional accounting qualification (ACCA/CIMA/ACA).
• Experience in the complete preparation of financial statements with a strong grasp of double-entry accruals accounting.
• Exposure to IFRS reporting and UK GAAP (FRS101/102), as well as group consolidation and reporting processes.
• Strong analytical skills, with the ability to determine the accuracy of financial positions and investigate root causes.
• Experience in a multi-currency, international business environment is desirable.
• Some experience in Treasury (debt, cash management, FX) is desirable.
• Strong IT literacy, adaptability to various ERP/Financial systems and proficiency in Excel.

Personal Qualities:

• Flexible, adaptable, and confident in tackling new challenges.
• Good communicator, capable of interpreting information and explaining its impact clearly.
• Well-organized, proactive and highly curious, with a desire to develop personally and enhance company processes.

About Colart:

At Colart our mission is to “inspire every artist in the world.” We take pride in our heritage brands and the passionate people who bring them to life. We have nearly 900 employees across 12 countries and our products are sold in over 130 countries.

Colart Group is the parent company of iconic art brands like Winsor & Newton, Liquitex, Lefranc Bourgeois, Conté à Paris, Charbonnel, SNAZAROO and Reeves. We develop innovative products that inspire creativity at all levels, from professionals to hobbyists and students.

Proudly B Corp certified, we are committed to sustainability with science-based carbon reduction targets, creating financial, environmental, and social value. Sustainability shapes our culture, reducing environmental impact and enhancing social contributions through community engagement and artist wellbeing.

Diversity, Equity, and Inclusion:

Many Voices. One Community. We are committed to being a company of choice, creating a workplace where every individual thrives, both professionally and personally.

If you are interested in this role, please click here to apply online.