Technical Accounting Manager

NATIONAL GRID; Greater London; On-site; GBP 48,000 - 80,000; Full time

Benefits offered by this job

Bonus 15%

Pension matching 12%

Share incentive plan

Technology schemes

Employee assistance lines

Matched charity giving

Job summary

National Grid plc in London is seeking a Technical Accounting Manager to provide IFRS accounting guidance and support for the half-year results and Annual Report and Accounts. You will draft disclosures, support SOX controls, and help with month-end consolidation and statutory accounts across head office entities.

The role sits at our Strand office with a hybrid pattern; collaboration across the Group and IFRS 18/IFRS 20 implementation are key parts of the role.

Qualifications

• Qualified accountant with ACA/ACCA/CIMA and around 2 years post-qualification experience.
• Experience in a technical role within financial reporting or in an audit firm.
• Experience within a listed business is preferred.

Responsibilities

• Draft technical accounting papers and resolve issues with Auditors.
• Provide technical accounting advice for large and complex transactions.
• Assess new IFRS guidance (IFRS 18/IFRS 20) and update policies across the Group.
• Develop relationships with stakeholders and assist with the Financial Reporting Summit.
• Produce disclosures and operate key SOX controls for half-year results and year-end reports.
• Support month-end Group consolidation and head office subsidiary accounts.

Skills

IFRS knowledge

Stakeholder management

Research skills

Audit experience

Education

ACA/ACCA/CIMA

Job description

We are looking for a passionate Technical Accounting Manager to join our Technical Accounting and External Reporting team.

As a Technical Accounting Manager in our team, you will leverage your strong IFRS knowledge and experience of complex accounting transactions to provide valuable accounting guidance to stakeholders across the Group. You will play a key role in producing National Grid plc’s half-year results statement and full-year Annual Report and Accounts (ARA) and 20F. Your responsibilities will include preparing and reviewing disclosures, supporting SOX documentation and control evidence, as well as assisting with month-end reporting and the preparation of statutory accounts for head office companies.

This role is based out of our Strand office, and we’d hope to see you at least 2/3 days per week but you’re welcome to be in the office more often if that would work best for you. We’re happy to discuss any additional flexibility in working patterns or requirements that you feel could help to make this job work for you!

What You Do

• Draft technical accounting papers and work through the resolution of papers with our Auditors.
• Provide technical accounting advice for large and complex internal and external transactions.
• Consider new IFRS guidance as it is issued and help on projects to implement new accounting standards (IFRS 18 and IFRS 20), as well as develop existing accounting policies and communicate these changes to accounting teams across the Group.
• Develop relationships with key stakeholders across the business units and assist in organising our annual Financial Reporting Summit where we invite all stakeholders to continue their professional development.
• Produce disclosures and operate key SOX controls for the half year results statement and year-end annual report and accounts.
• Participate as part of a small team who run the month-end Group consolidation, working with subsidiary teams and the Group Financial Planning and Analysis team.
• Post monthly consolidation and elimination journals and review the output of month-end reports and validation checks.
• Provide support on the preparation of the head office subsidiary accounts, including being up-to-date on required disclosures.

What You’ll Have

• A Qualified accountant (ACA, ACCA, CIMA) with around 2 years of post-qualification experience.
• Preferably, candidates should have experience in a technical role within financial reporting or demonstrate a proven track record of technical expertise gained in an audit firm.
• Preferably, candidates should have experience within a listed business.
• Strong IFRS knowledge.
• Self-starter with excellent research skills and a solid understanding of core financial processes.
• Excellent stakeholder management, influencing, and collaboration skills.
• A proactive and adaptable approach with a strong drive for results.

What You’ll Get

A competitive salary of up to £80,000 – dependent on capability.

• bonus based on personal and company performance with on target being 15% (with a maximum of 30%)
• competitive contributory pension scheme where we will double match your contribution to a maximum company contribution of 12%
• flexible benefits such as a share incentive plan, technology schemes, support via employee assistance lines and matched charity giving to name a few

Further Information

This is a hybrid working role from our Strand office with circa 2/3 days in the office. The closing date for this vacancy is Midnight 24 August 26, with interviews due to take place w/c 31 August 26 onwards. We encourage candidates to submit their applications as early as possible and not to wait until the published closing date. National Grid’s recruitment periods can and may vary. We reserve the right to remove this advert or close it to further applications at any point during the recruitment process.

About us

National Grid lies at the heart of a transforming energy system, spanning the UK and the US. Our businesses supply gas and electricity, safely, reliably, and efficiently to millions of customers and communities. But we also drive change through engineering innovation and by incubating new ideas with the power to revolutionise our industry. As the world changes to embrace cleaner energy and businesses shift to operate in a more responsible way, we are leading that charge. We are focused on finding ways to decarbonise the energy system; from building interconnectors to allow the UK to share clean energy with our neighbours in Europe, to investing in renewable energy generation in the US. We connect people to the energy they need to live their lives. We continually strive to find a better way. We Bring Energy to Life.

Inclusion and Diversity is not just about race, ethnicity, gender, or sexual orientation. It is about our employees who wake up every day to serve our 20 million customers. At National Grid, we aim to create an environment where everyone is welcomed for who they are and where our differences are not only accepted but are celebrated. We understand the value that a diverse team can add to our organisation and that is why we model inclusive behaviour starting with senior leadership. National Grid utilises the insights of our employees that come from all different cultures, backgrounds, and beliefs to better serve our customers and communities who are in the fore front of everything we do.