Statutory Accountant

Lawes Insurance Recruitment; Birmingham; On-site; GBP 45,000 - 65,000; Full time

Job summary

A leading company in Birmingham seeks a Statutory Accountant to join its finance division. The role involves preparing statutory accounts, month-end reporting, and liaising with auditors. The ideal candidate should be a qualified accountant with significant experience in financial reporting and a strong understanding of UK GAAP and tax regulations.

Qualifications

• Significant experience in statutory accounting and financial reporting.
• Thorough knowledge of UK GAAP or IFRS.
• Experience managing the audit process.

Responsibilities

• Prepare and submit statutory financial statements across 15 entities.
• Ensure compliance with statutory reporting requirements.
• Assist in the preparation of tax returns.

Skills

Attention to detail

Analytical skills

Communication

Organizational skills

Education

Qualified accountant (ACA, ACCA, or equivalent)

Job description

Location: Birmingham (5 days in office per week)

Summary

• The Statutory Accountantwill be part of the Finance Division and will report to the UK finance Director (previously UK Regional Controller). The role will involve preparing statutory accounts, month end reporting and liaising with auditors.

Functional Knowledge

• Work well under pressure and be able to meet reporting deadlines
• Communicate concisely with staff, management and auditors
• Organized approach to workloads and deadlines
• Awareness and compliance with Sarbanes Oxley in all aspects of job
• Competency with all different software packages used in performing role
• Good understanding of company’s various streams of work
• Accuracy and attention to detail in all work produced and issued

General Background, Experience & Professional Qualifications

• Qualified accountant (ACA, ACCA, or equivalent) with significant experience in statutory accounting and financial reporting.
• Thorough knowledge of UK GAAP or IFRS and experience in preparing statutory financial statements.
• Strong understanding of tax regulations and compliance requirements.
• Experience working with external auditors and managing the audit process.
• Excellent attention to detail and accuracy in financial record keeping and reporting.
• Strong analytical and problem-solving skills, with the ability to interpret complex financial data.

Key Responsibilities

• Prepare and submit statutory financial statements across 15 entities in compliance with UK GAAP
• Ensure compliance with statutory reporting requirements, tax regulations, and accounting standards.
• Assist in the preparation of tax returns and other regulatory filings, ensuring accuracy and timeliness.
• Preparation of monthly journal entries and review
• Support the Finance team with the monthly management accounts undertaking lease accounting, Bad Debt Provision and similar calculations.
• Production ofmonthly P&L and Balance Sheet for deadline submission to the Head Office finance department
• Preparation of monthly cash flow statements
• Ensuring key Balance Sheet accounts reconcile during the Month end process.
• Dealing with financial queries as and when raised from both within the UK and US
• Liaise with both Internal and External Audit for mid year and year end group and statutory audits.
• Monitor and analyse financial data to identify areas for process improvement and enhance efficiency.
• Liaise with internal stakeholders, including finance, legal, and tax teams, to ensure compliance and accurate financial reporting.
• Actively seek to develop oneself and take responsibility for your own training and development.

Skills

• Hard working and conscientious approach
• Ability to build firm working relationships with staff and Management
• Approachable and co-operative

If you have the relevant experience or know someone that does please contact Glen Parker on 07535 748 255 or email us at [e-mail]