Senior Financial Accountant

Global Accounting Network; England; On-site; GBP 60,000 - 80,000; Full time

Job summary

A global digital advertising agency based in Central London is seeking a Senior Financial Reporting Accountant to manage financial consolidation and ensure compliance with accounting standards. The role involves overseeing audits, preparing financial statements, and improving financial procedures. Ideal candidates will have a degree from a Russell Group university and ACA or ACCA qualifications.

Qualifications

• Experience in a Group finance team performing consolidation.
• Profound understanding of accounting standards (IFRS or GAAP).
• Hands-on experience with consolidating accounts from multiple entities.

Responsibilities

• Consolidate financial data from various subsidiaries and regional business units.
• Prepare accurate and compliant consolidated financial statements.
• Ensure adherence to local and international accounting standards.
• Oversee statutory audits across multiple jurisdictions.
• Coordinate and update policies over the financial reporting process.
• Manage the month-end close process for the Group.

Skills

Detail-oriented

Analytical skills

Critical thinking

Proficiency in accounting software

Education

Degree from a Russell Group university

ACA or ACCA qualification

Tools

Accounting software

Job description

We are partnered with a PE backed, global digital advertising agency based in Central London and are looking for a Senior Financial Reporting Accountant to join the team. This is a great opportunity to work as the number 2 to the Group FC, influencing FX strategy, exit strategy, refinancing and change outside of BAU.

Responsibilities

• Consolidate financial data from various subsidiaries and regional business units into a single, unified report for the Group under multi-book scenarios.
• Prepare accurate and compliant consolidated financial statements, including annual reports, for internal and external reporting.
• Ensure all Group entities adhere to local and international accounting standards (GAAP and IFRS) in accordance with the company's accounting policies.
• Oversee and assist with statutory audits across multiple jurisdictions within the Group.
• Coordinate, develop, and update written policies and procedures over the financial reporting process.
• Perform technical analyses of contracts that fall outside the company's standard arrangements, collaborating with independent experts as needed.
• Take ownership of the month-end close process for the Group, reviewing regional P&Ls and Balance Sheets and investigating variances.
• Prepare consolidated management accounts (under Budget and Actual currency rates) and board slides for the board of directors and senior management.
• Identify opportunities to improve the Group's finance procedures and controls, with the aim of enhancing period-end close speed, ensuring adherence to accounting standards, and improving the Statutory year-end experience.
• Keep up to date with interest rates and trends in FX as part of the company's risk management and cash management.
• Manage the company's debt model (external & internal debt arrangements) and ensure cash flow assumptions are maintained for effective cash management.
• Ensure the company remains compliant with internal debt arrangements, including transfer pricing and thin capitalisation policies.

Qualifications and Experience

• Degree education, preferably from a Russell Group university
• ACA or ACCA qualification from a top audit firm
• Experience in a Group finance team performing consolidation
• Profound understanding of accounting standards (IFRS or GAAP) and hands-on experience with consolidating accounts from multiple entities
• Keen eye for detail to ensure the accuracy of complex financial data, reports, and the design of internal controls
• Strong analytical and critical thinking skills to address financial discrepancies, identify risks, and develop effective solutions
• Proficiency in using accounting software and tools to analyze large datasets, identify patterns, and present findings

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Finance
• Industries: Advertising Services