Regulatory and Assurance Accountant

RAC; Walsall; On-site; GBP 40,000 - 55,000; Full time

Job summary

A leading company in the public interest sector is seeking a motivated Regulatory and Assurance Accountant for their Group Finance team. This pivotal role focuses on ensuring financial compliance and enhancing regulatory reporting processes within a complex organizational structure. Ideal candidates are ACA/ACCA qualified accountants with a strong background in audit and controls, ready to make a significant impact in a collaborative environment. Benefits include generous annual leave, pension matching, and a culture that embraces diversity.

Benefits

FREE RAC Ultimate Complete Breakdown Service

25 days annual leave plus bank holidays

Group Personal Pension scheme matching up to 6.5%

Employer funded Life Assurance cover

Enhanced Parental Leave

24/7 confidential personal support service

Car salary sacrifice scheme

Access to Orange Savings discounts portal

Qualifications

• Professionally qualified accountant (ACA, ACCA, CIMA) with at least 1 year PQE.
• Strong understanding of accounting principles and financial regulations; IFRS experience essential.
• Background in audit, controls, or regulatory compliance is preferred.

Responsibilities

• Prepare financial regulatory reports to the FCA and PRA.
• Manage a Group-wide controls improvement programme.
• Own financial accounting for specific regulated entities.

Skills

Attention to detail

Stakeholder management

Proactive decision-making

Education

ACA

ACCA

CIMA

Job description

About The Role

The RAC is a regulated public interest business that has responsibilities to a number of external bodies, alongside standard governance and compliance responsibilities. We're looking for a driven and detail-oriented Regulatory and Assurance Accountant to join our dynamic Group Finance team.

This role is ideally suited to a qualified accountant who has worked in audit or controls and is now looking to broaden their knowledge within a large and complex organisation. You'll play a central role in ensuring financial compliance, managing regulatory reporting, and enhancing our Group-wide control environment.

Your Responsibilities

Financial Compliance and Regulatory Reporting

• Prepare regular financial regulatory reports to the FCA and PRA
• Create Board-level reporting for regulated entities and support reporting to the Risk & Audit Committee
• Collaborate with business stakeholders to assess regulatory impacts of strategic decisions
• Own the financial accounting for specific regulated entities
• Understand the Group's financing structure, including covenant compliance, and lead related reporting
• Monitor governance developments and assess their financial implications on the Group

Financial Control

• Manage a Group-wide controls improvement programme, working closely with departments including IT and Risk
• Identify and implement improvements in financial control processes and remediate control deficiencies
• Partner with external auditors during controls testing, supporting with evidence provision and actions
• Own the monitoring and testing plan, including periodic testing and stakeholder engagement
• Produce regular summaries of the financial control environment for the Board
• Stay updated on governance trends and industry best practice, recommending internal control enhancements

About You

• Professionally qualified accountant (ACA, ACCA, CIMA), ideally with at least 1 year PQE
• Background in audit, controls, or regulatory compliance
• Strong understanding of accounting principles and financial regulations; IFRS experience essential
• Sharp attention to detail, with strong time management and organisational skills
• Proactive and hands-on, with the ability to make decisions quickly and challenge constructively
• Confident communicator with excellent stakeholder management skills
• Capable of working independently with conviction, while contributing to wider team goals

In return, weoffer

• FREE RAC Ultimate Complete Breakdown Service from Day One.
• 25 days annual leave entitlement plus bank holidays.
• Option to join RAC's Group Personal Pension scheme where we will match / contribute up to 6.5% on qualifying earnings.
• 2 x Basic Salary Core Employer funded Life Assurance cover (4 x for pension scheme members) with the option to flex up to 10 x cover through our flexible benefits offering.
• Enhanced Parental Leave
• Confidential personal support service, available 24 hours a day every day of the year for you and any family members ages 16+ in your household.
• Car salary sacrifice scheme - after 12 months of employment, where you'll enjoy significant tax savings, including electric vehicle options.
• Access to Orange Savings, our online discounts portal offering 1000's of savings on high street retailers, supermarkets, holidays, tech and much, much more.

When you join us, you will automatically be opted into our Colleague Share Scheme, called 'Owning it together'. This is a unique opportunity for our colleagues to get rewarded for the outstanding work they deliver, to share in the future success of the RAC and is no ordinary work benefit, incentive, or bonus!

We'recommitted to developing a culture that is representative of the diverse communities we serve and one which is open, accessible, collaborative, and inclusive. We welcome applicants of all backgrounds and experiences.