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Group Financial Accountant

Group Financial Accountant

SW GroupLondon, England, United Kingdom
6 days ago
Job type
  • Full-time
  • Temporary
Job description

Job Description

What will you be doing?

To take ownership of Reporting matters, both financial and regulatory, specific to the S&W Group consolidation and legal entities in the Group. This includes the timely and accurate preparation of Annual Report and Financial Statements (financial statements and ‘front-end’ financial sections), monthly management reporting and CFO pack, and regulatory reporting.

As Group Financial Accountant, your responsibilities will include among others

Financial Reporting

  • Preparation of the Interim and Annual Report financial statements (Group and trading entities), in accordance with IFRS, ensuring that the audit and reporting deadlines are met both in terms of timing and budget.
  • Responsible for the timely and accurate preparation of monthly statutory consolidations (including support workings) and related commentary / analysis.
  • Preparation of monthly consolidated income statement, balance sheet and cash flow statement for inclusion in the reporting pack.
  • Preparation of comprehensive audit files and act as the primary internal and external audit contact for the group consolidation.
  • Prepare certain annual financial statements of legal entities
  • Review annual financial statements of other legal entities owned by colleagues in the reporting team.
  • Display an understanding of all legal entities making up the group consolidations.
  • Act as an accounting expert for specific areas aligned to IFRS. This includes preparing monthly workings and posting journals.
  • Provide financial information to the Group Tax Manager for tax computations and understand and post tax related journals (current and deferred tax) as communicated by the Group Tax Manager.
  • Prepare technical accounting papers for the Audit and Risk Committee (AROC) and Board.
  • Assist with guidance and implementation of new or amended accounting standards, and regular Financial Reporting Committee (FRC) recommendations.
  • Support forecasting and budgeting exercise as per corporate guidelines.

Team leadership and management responsibilities

  • Provide day-to-day oversight and technical guidance, ensuring high-quality delivery of statutory reporting, month-end close, and audit support activities.
  • Review and approve work prepared by direct reports, including journals, reconciliations, and financial statements, ensuring accuracy, timeliness, and compliance with IFRS and internal policies.
  • Support development and performance management, including delegation of tasks, regular one-to-ones, coaching on complex issues, and identifying training needs.

    • Regulatory Reporting

  • Preparation of regulatory returns for solo regulated entities
  • Prepare schedules and management reporting packs which assist management in reviewing the completeness and accuracy of the returns.
  • Respond to management queries in relation to the returns and management information packs produced.
  • Ensure consistency between annual regulatory reports and quarterly reporting to FCA. Investigate reasons for deviations from forecast and seek to refine the forecasting process to minimise deviations between actual and forecast results.
  • Assist with building and maintaining financial models which enable the forecasting of financial performance and balance sheet structure for the Group and its subsidiaries.
  • Preparation of the annual fee tariff data to the FCA
  • Assist with guidance and implementation of new or amended regulatory rules.

    • Control, processes and documentation

  • Undertake specific group and legal entity reconciliations, ensuring that all reconciliations are up-to-date, all outstanding items cleared, and all corrective actions undertaken.
  • Reconciliation of the financial and management accounting income statement with the assistance of the management reporting team.
  • Challenge outdated and convoluted reporting processes, and recommend and implement process improvements.
  • Act as a Subject Matter Expert (SME) in the capacity of Group Financial Accountant for allocated accounting systems and processes. Also, make recommendations to improve systems and procedures that will increase efficiency.
  • Plan and implement, or assist with, any projects in relation to the financial control of the entities, and be available for projects relating to financial control in the wider finance department.
  • Identification and documentation of risk areas in the reporting function with recommended mitigating controls.
  • Ensure that the finance manual on Reporting matters is relevant and up-to-date.

    • Qualifications

    To be successful in this role, you should

  • Experience and knowledge of IFRS
  • Experience in preparation of statutory consolidations under IFRS 10
  • Audit experience desirable
  • Change and growth mindset and demonstrated agility, good team spirit, and good verbal and written communication skills
  • A self-starter who is able to plan, organise and take initiative to meet job objectives and deadlines independently
  • Professional Services sector experience preferred
  • Regulatory experience desirable
  • CaseWare / NetSuite / TM1 experience desirable

    • Professional Qualifications and Education

  • Qualified Accountant - ACA / ACCA or equivalent international qualification

    • Additional Information

    As a colleague here at S&W you will have access to benefits that include

  • Competitive salary
  • Private medical insurance
  • Life assurance
  • Pension contribution
  • Hybrid working model (role dependent)
  • Generous holiday package
  • Option to purchase additional holiday
  • Shared parental leave
  • Fully funded training towards professional qualifications
  • Cycle to work scheme
  • Season ticket loan
  • Eye care support

    • We are proud to value the differences that a diverse workforce brings, representative of society and our clients. At S&W we have a wide range of highly active employee resource groups and we’re delivering multiple diversity, equity and inclusion initiatives across the organisation. It is our commitment to provide a workplace where all colleagues, regardless of identity, background, or circumstance, feel respected as individuals and feel that they can achieve their full potential and work in a safe, supportive, and inclusive environment.

    We are happy to make any reasonable adjustments to accommodate for your needs throughout the application process. Please let your Recruiter know.

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    Group Financial Accountant • London, England, United Kingdom