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⚡ Source: ReedRef: 56828598

Group Financial Accountant

Rutherford Briant·Bury St. Edmunds·Posted 6 days ago
💰 50-60k GBP/year
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Job description

Original text imported from Reed

Rutherford Briant are recruiting for a Group Financial Accountant for a PE backed business with an exciting growth strategy.  The ideal candidate will be responsible for managing financial records, preparing financial reports, ensuring compliance with financial regulations, and supporting the overall financial health of the organization. This role requires a solid understanding of accounting principles, strong analytical abilities, and excellent communication skills.

Key responsibilities;

Financial Reporting:

  • Prepare monthly, quarterly, and annual financial statements (balance sheet, income statement, cash flow).
  • Assist with the preparation of consolidated financial statements.
  • Ensure all reports comply with accounting standards and regulations (e.g., IFRS).
  • Review and reconcile financial discrepancies and recommend corrective actions.

General Ledger Management:

  • Oversee the general ledger and ensure that all financial transactions are recorded accurately.
  • Perform month-end and year-end close processes.
  • Monitor and review journal entries to ensure proper documentation and accuracy.

Accounts Reconciliation:

  • Reconcile bank statements, accounts receivable, accounts payable, and other financial accounts.
  • Investigate discrepancies and ensure timely resolution of any issues.

Budgeting & Forecasting:

  • Assist with the preparation and monitoring of annual budgets.
  • Analyse trends and provide insights to management.

Compliance and Audit:

  • Ensure compliance with internal and external auditing standards and procedures.
  • Support external auditors during audits and provide required documentation.
  • Stay updated on financial regulations and ensure the company is in compliance.

Tax Preparation:

  • Assist with the preparation of tax filings (corporate, sales, VAT/GST, etc.).
  • Ensure timely submission of tax returns and compliance with tax laws.

Financial Analysis and Recommendations:

  • Conduct financial analysis to identify key performance indicators, trends, and areas of improvement.
  • Provide recommendations to improve financial efficiency and profitability.

Cash Flow Management:

  • Monitor cash flow, manage working capital, and ensure adequate liquidity for day-to-day operations.
  • Assist in forecasting cash needs and managing short-term investments.
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Key skills

AI-extracted from the job advert

Must-have skills
IFRS complianceConsolidated financial statementsGeneral ledger managementMonth-end closeVAT preparationFinancial analysisAccounts reconciliation
Nice-to-have
PE/Private equity experienceCash flow forecastingWorking capital managementExternal audit supportTax filing preparation
Soft skills
Analytical abilitiesCommunicationAttention to detailProblem solvingTime managementCompliance mindset
SpeedCV AI

Application advice

5 AI-generated recommendations to maximise your chances.

1

⭐ Highlight your IFRS experience prominently as this PE-backed business specifically requires compliance with international standards

2

📊 Quantify your consolidation experience: 'Prepared consolidated statements for 5 subsidiaries, reducing reporting time by 25%'

3

🌐 Emphasise PE/private equity experience if you have it, as this shows understanding of their reporting requirements

4

🎯 Showcase your month-end close efficiency with metrics: 'Delivered month-end close within 5 working days consistently'

5

🤝 Demonstrate your audit support capabilities with specific examples of working with Big 4 or mid-tier firms

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Suggested CV bullets

3 bullets our AI drafted for this specific advert, mirroring its ATS keywords.

How to tailor your CV

Add these 3 bullets under your most recent experience:

  • Prepared IFRS-compliant consolidated financial statements for 4 subsidiaries, reducing reporting timeline from 15 to 10 working days
  • Managed month-end close processes achieving 98% accuracy rate while supporting £2.3M annual revenue growth initiatives
  • Led VAT compliance and reconciliation activities across 3 entities, ensuring 100% on-time submission and zero penalties

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Letter preview — tailored to Rutherford Briant

Dear Hiring Manager,

Rutherford Briant's Group Financial Accountant role perfectly aligns with my expertise in IFRS reporting and consolidated financial statements, particularly within PE-backed environments where accurate financial reporting drives strategic decisions.

My background in managing complex month-end closes, preparing consolidated statements, and supporting external audits has equipped me with the technical skills and analytical mindset needed to excel in this position. I am particularly drawn to the opportunity to contribute to your exciting growth strategy while ensuring robust financial compliance and reporting standards.

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Interview questions

10 questions generated from this advert.

Technical

  • How would you approach consolidating financial statements for multiple subsidiaries?
  • What's your experience with IFRS standards and how do they differ from UK GAAP?
  • Walk me through your month-end close process and how you ensure accuracy
  • How do you manage working capital and what KPIs do you monitor?
  • Describe your experience supporting external audits and preparing audit schedules

Behavioural

  • Tell me about a time you identified a significant financial discrepancy and how you resolved it
  • Describe a situation where you had to explain complex financial information to non-finance stakeholders
  • Give an example of when you improved a financial process or procedure
  • Tell me about a challenging deadline you faced and how you managed it
  • Describe a time when you had to work with difficult or incomplete data
SpeedCV AINEW

STAR answer examples

Model answers using the Situation-Task-Action-Result framework. Adapt to your own experience.

1Question

Tell me about a time you identified a significant financial discrepancy and how you resolved it

During a month-end close, I discovered a £15,000 discrepancy in our intercompany accounts that had been building over 3 months. I immediately investigated by reviewing all intercompany transactions and journal entries, identifying that timing differences in foreign exchange rates were causing the mismatch. I worked with our German subsidiary's finance team to establish a new monthly reconciliation process and implemented daily FX rate updates. This resolved the immediate discrepancy and prevented future issues, improving our close accuracy by 12% and reducing intercompany reconciliation time from 2 days to 4 hours monthly.
2Question

Describe a situation where you had to explain complex financial information to non-finance stakeholders

Our operations director needed to understand why working capital had increased by £180,000 despite flat sales. I prepared a visual dashboard showing how extended payment terms for 3 major clients had increased our debtor days from 35 to 48 days, effectively tying up additional cash. I used simple analogies comparing cash flow to water flow in pipes, showing how longer payment terms created 'blockages'. I presented 3 solutions with clear ROI calculations, recommending early payment discounts. The director approved a 2% discount scheme that reduced debtor days to 42 and improved cash flow by £95,000 within 8 weeks.

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