Group Financial Accountant Job Description

Group Financial Accountant Job Description

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Group financial accountant provides financial leadership on statutory accounting/audits, corporation income tax and indirect tax accounting for Hungarian GAAP.

Group Financial Accountant Duties & Responsibilities

To write an effective group financial accountant job description, begin by listing detailed duties, responsibilities and expectations. We have included group financial accountant job description templates that you can modify and use.

Sample responsibilities for this position include:

Training – co-ordination and delivery of the Group IFRS Training programme (e-learning development, IFRS project specific and ad-hoc refresher courses)
Reconciliation of SAP data to BCS data on a monthly basis
Reporting IFRS
Ensuring developments in accounting standards are anticipated, communicated to the Finance Team and reflected in the financial statements as appropriate
Project co-ordination of the Group’s IFRS 15 conversion programme including liaison with the Divisional Programme Manager and administrative support to the Group Steering Committee
Provide timely and accurate analysis to key stakeholders
Develop and maintain relationships within the business
Half year and full year end
Computation of unrealised profit in inventory elimination, for both monthly reporting quarterly forecast and budgeting
Group consolidation and HFM consolidation system to produce monthly and yearly management and statutory accounts, including balance sheet and cashflow

Group Financial Accountant Qualifications

Qualifications for a job description may include education, certification, and experience.

Education for Group Financial Accountant

Typically a job would require a certain level of education.

Employers hiring for the group financial accountant job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Finance, Business, Education, Finance/Accounting, Business/Administration, Financial Services, Law, Economics, Public Accounting

Skills for Group Financial Accountant

Desired skills for group financial accountant include:

IFRS
SAP
Accounting principles
Corporate income tax
Excel and PowerPoint
FBT & GST compliance obligations
Standards
Tax Effect Accounting
Accounting systems and packages
Corporation tax and VAT accounting

Desired experience for group financial accountant includes:

Extremely thorough and detailed approach to ensure accuracy at all times
IT literate with working knowledge of MS Office applications
Liaison with group shared service centre in India
Experience of working with multiple currencies
Experience within a media background preferred but not essential
Assist with the Head Office Overheads budget

Group Financial Accountant Examples

1

Group Financial Accountant Job Description

Job Description Example
Our innovative and growing company is looking to fill the role of group financial accountant. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for group financial accountant
  • Responsible for the preparation of monthly Group consolidated EBITA flash report for circulation to the Glanbia Operating Executive
  • Responsible for the preparation of monthly and forecast Group Board report for circulation to the Board including analysis and commentary on overall Group and business unit performance
  • Responsible for the preparation of annual Group consolidated budget reporting pack, agreed and reconciled to the approved Group's Strategic Plan
  • On-going liaising with all key stakeholder groups including business units and senior management to address queries and/or resolve process and accounting issues arising
  • Pro-active approach to on-going system and process development to reflect changing and evolving needs
  • Liaising with regional finance teams and other business partners to obtain relevant information for preparation of month end close journals
  • Responsibility for preparation of monthly centrally controlled accounting adjustments, including both the calculation and posting of these adjustments
  • Preparation of monthly analysis and reporting schedules to support month end journals
  • Ad hoc monthly reporting as required
  • Month end rates reporting (on a rota basis)
Qualifications for group financial accountant
  • Qualified Financial Accountant with 'Big 4' or equivalent training and a minimum of 2 years post qualification accounting and commercial experience ideally gained in a multi-national environment
  • Solid ERP system knowledge
  • Oversee and manage reconciliation of group intercompany accounts
  • Balance Sheet reconciliation review and approval across the divisions
  • Half yearly analysis of doubtful receivables and provision across the Group
  • Tertiary qualifications in Business and/or Commerce coupled with CA/CPA qualifications
2

Group Financial Accountant Job Description

Job Description Example
Our innovative and growing company is looking for a group financial accountant. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for group financial accountant
  • Exposure to complex consolidations involving foreign exchange
  • Excellent communication skills to deliver financial information to a non-financial audience and deliver training
  • An enthusiastic and outgoing personality to promote a positive work environment and engage with the business
  • Strong systems skills and ability to identify process improvements and efficiencies
  • Supporting the budgeting process including preparation of budget consolidated balance sheets and cash flow statements
  • Board reports supporting the preparation of consolidated statutory financial statements
  • Prepare and analyse the consolidated financial statements
  • Assist in producing the quarterly/annual filings and shareholder reports
  • Work on projects to implement new accounting and reporting developments and improvements
  • Cash Suspense Reconciliations
Qualifications for group financial accountant
  • Be CA Qualified within a Big 4 organization
  • Must have completed 3 year articles at big 4 audit firm and passed board examinations, qualified chartered accountant (CASA)
  • UK GAAP / FRS 101 knowledge essential
  • Bachelor’s Degree or local equivalent, in accounting, finance, business or related discipline
  • Work in the Legal Entity Standard Reporting (LESR) function for the APAC entities
  • F4F project handover over of debtor / cash suspense reconciliation work to BAU
3

Group Financial Accountant Job Description

Job Description Example
Our innovative and growing company is looking to fill the role of group financial accountant. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for group financial accountant
  • Additional work on ADS reconciliation
  • Need to take USA learning’s and apply to core business reconciliations on new systems prior to launch in New Year
  • Soon to launch trade through Amazon and eBay
  • Will require similar reconciliation work to ADS
  • Invoices to be raised and small AP ledger to be maintained
  • Various portals to interrogate to get figures
  • Increased work while mapping BAU and unravelling all existing processes
  • Time needed to train on new systems
  • Increased work load on BAU team during testing pre-launch of UK1
  • After launch will have double current reconciliation work as will be running 2 systems in parallel (esp with bank and receipts but also with sales control and debtors)
Qualifications for group financial accountant
  • Finance Director
  • Property Director
  • Group Board
  • External stakeholders including shareholders and suppliers
  • Ensuring accurate and relevant recording of period-end transactions, providing clear and appropriate supporting schedules
  • Analysing and challenging period-end balances, taking full responsibility for the accuracy of the balance sheet
4

Group Financial Accountant Job Description

Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of group financial accountant. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for group financial accountant
  • Engaging with non-Finance stakeholders to ensure adoption of strong, well designed processes and controls and continually improving compliance
  • Working with the Commercial Finance team to ensure budgets and forecasts are as accurate as possible and to understand forecast variances
  • Management of Assistant Financial Accountants, ensuring high quality output, personal development and ownership of tasks
  • Preparation of Consolidated Group Accounts and subsidiary financial statements
  • Management of the Group Annual Report and Interim report production in conjunction with
  • Financial Account Manager and external design and print company
  • Ensuring all reporting deadlines are met and output is accurate
  • Assisting in the preparation and reporting of Group share options and EPS
  • Calculating quarterly Corporation Tax and Deferred Tax provisions for accurate reporting and payments on account
  • Preparation of the CT Returns for each of the Group Companies in association with Financial Account Manager and 3rd party tax advisors
Qualifications for group financial accountant
  • Preparation of VAT and Intrastat Returns ensuring deadline for submission and payment is met
  • Assisting in the maintenance of the Group Tax Risk Register, tax strategy and compliance with Senior Accounting Officer regulations
  • Preparing and submitting annual PAYE Settlement Agreement return to HMRC by relevant deadline
  • Developing relationships as a trusted advisor across the business
  • Throughout the processes, it will be necessary to work closely with the Business Analysts within the Group Planning & Analysis team to ensure the consolidated Group numbers meet expectations
  • Technically strong qualified ACA with at least 3 years post qualification experience
5

Group Financial Accountant Job Description

Job Description Example
Our growing company is looking for a group financial accountant. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for group financial accountant
  • Preparation of extracts for Board reporting following review of divisional commentaries against reported financial performance
  • Support the production of the Group Finance Director’s quarterly report providing statutory focused commentary and analysis to the Board
  • Support the Group Financial Control Executive in execution of the annual GRiP process
  • Preparation and creation of the Group’s UK Holding Companies Statutory Accounts
  • Contribution to the ongoing maintenance and continual development of a robust consolidation database (Hyperion)
  • Ad hoc financial analysis for monthly presentation of Group performance to the Board and Executive Committee
  • Other statistical reports
  • Monthly closing procedures for the entities on salary
  • Reconciliations of balance sheet accounts concerning salary, including follow up and solving/clearing open items
  • Reconciliation of E-indkomst, ATP
Qualifications for group financial accountant
  • Preparation of monthly financial reports for the Board and Group Executive Committee
  • Recent experience of current external audit techniques
  • Practical experience of consolidation systems (preferably Hyperion)
  • Passion for Training with strong presentational skills
  • Must have a foundation/understanding of GAAP principles
  • Control focused, analytical, team oriented

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