Group Accountant
3 weeks ago
* Group Consolidations
- Preparation of Interim Results
- ACA / ACCA Qualified
A sizeable PE backed Healthcare firm with multiple divisions & entities have recently re-structured post merger and now require an ACA / ACCA Qualified Group Accountant to manage a team of 5.
With only 2 days a week required in their Kent office, the rest from home, this role reports to a Head of Finance and will oversee Treasury, elimination of dormant entities and be a senior contact in the group for matters relating to audit and interim results.
Job Purpose
The Senior Group Accountant will oversee a small team who are responsible for the Management Accounts, consolidation, and reporting of the group accounts along with taxation, bank administration and cashflow management.
The role will report into the Director of Financial Control and will be their Deputy attending meetings in their absence as appropriate.
Key Responsibilities
- Responsibility for the Group Finance and Treasury teams. Leadership and development of direct reports.
- Coordination of the financial audit and interim audits for the group as required, review of statutory accounts prepared externally (at current time - potential to bring in house).
- Preparation of consolidation group reporting to all stake holders including senior Management,
- Accountability for accounting and budgeting for central group functions.
- Ensuring adherence to accounting policy at all times and promoting consistency across all areas of the group.
- Responsibility for communication and education across the finance teams in respect of changes to accounting policies, regulations etc. as relevant to the business.
- Review of financial data for new group acquisitions and integration of relevant data into Sage X3 accounting system.
- Support the Director of Internal Control with the management of the group chart of accounts, accounting system configuration and month/year end close process.
- Responsibility for fixed asset accounting & policy, capex monitoring and reporting.
- Overview and preparation of holding company accounting, group elimination entries and full consolidation.
- Ongoing responsibility for group VAT process, and quarterly reviews, identifying risks and opportunities which arise in relation to VAT and implementing changes to financial systems and processes to ensure best practice across the group
- Key contact for Corporation Tax for all group companies, responsible for ensuring corporation tax payments are made in a timely and accurate manner, liaison with external and internal stakeholders
- Ensuring the group make's best use of new tax initiatives available and that the group is fully compliant with current tax laws and regulations.
- Support the preparation of group cash strategy, working with other finance teams to maximise working capital, develop best practice cashflow reporting to support business development planning.
- Developing the Treasury team and their processes to cover all aspects of banking, cash management and client money administration.
Knowledge, Skills & Qualifications
- Appropriate Accounting qualification, preferably ACA, CIMA, ACCA or equivalent with at least 2 years PQE.
- Strong financial reporting skills
- Advanced Excel skills
- Have a keen eye for detail with proven technical and commercial awareness
- Experience of leading teams of finance professionals of varying experience
- Experience
- Experience in both financial and management accounting.
- Involvement in group accounting and consolidation of complex groups.
- Knowledge and understanding of best practice in relation to cash management and taxation.
- Experience of working in a fast paced and evolving team environment, private equity and / or healthcare an advantage but not essential.
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