Group Financial Accountant

Allen & Overy

3mo ago

Applications are closed

Job
Full-time
Junior & Mid Level
Accounting & Tax
Belfast

Requirements

Team player with strong communication skills and willingness to collaborate with others to achieve success as a team.
Self-motivated and solution driven. Ability to work on their own, therefore taking initiative and having a desire to get the job done.
Ability to work under pressure and take a flexible approach to the job. We report to tight deadlines which are mixed with last minute ad-hoc tasks for management. Must have excellent time management skills and be able to prioritise and handle multiple tasks simultaneously in an environment with shifting priorities.
Strong IFRS knowledge and the ability to discuss technical accounting issues with senior group management.
Thorough understanding of financial/management information systems and group structures.
Ability to train other finance department members globally.
Qualifications and experience:
Member of recognised accounting body as a qualified accountant with at least 2 years post qualification experience.
Experience in a finance function in an international environment an advantage.

Responsibilities

Production of weekly key financial information reports for the management team.
Working as part of a team to deliver month-end group consolidation and reporting to a five working day deadline, including:
Preparation of inter-company invoices to support cross border transactions in accordance with UK and overseas tax requirements in the jurisdictions where A&O Shearman operate.
Reconciliation of critical balances, including multi-currency GL accounts for global inter-office accounts.
Monthly accounting checks on balance sheet accounts of overseas offices that represent key risk of misstatement of financial results.
Production of month-end reports for the Group and each practice group and office globally.
Maintenance of month-end processes and procedures to ensure smooth and timely operation.
Take ownership of sections of the group financial year consolidation and close, including production relevant notes and disclosures in both the Group and subsidiary accounts.
Draft technical accounting papers as and when required
Assess the impact of new/changes in accounting standards to the Group and train the wider global offices on the impacts.
Build and maintain relationships with Finance staff in all A&O Shearman offices and across departments within the Belfast office. Support the Finance network by answering accounting or policy/process questions and act as an adviser on technical accounting issues; being able to debate and rationalise technical points and decisions.
Analytical review of monthly office results to understand trends, significant transactions and identify errors.
Preparation of high quality regular and ad hoc financial information, applying critical evaluation and making recommendations suitable for senior management including the Board and Audit Committee.
Assist in the management of cross-border intra-group balances and funding on a multi-currency basis, in accordance with UK and overseas tax requirements
Process improvements and Controls
Review and development of processes for increased efficiencies and value added tasks for the team and wider finance function.
Participate in system/process upgrade projects, including testing, training and documentation.
Assist in improving the control environment of the Group, reviewing and updating sections of the Group accounting policies and procedures from time to time.
Review and improve the internal controls across the Group, implementing changes as appropriate.
Ad hoc and project work
This position also involves ad-hoc work which needs to be responded to quickly and efficiently. This will often involve new areas of analysis which will require planning and development and will range from one off tasks to project type work.

FAQs

What are the main responsibilities of a Group Financial Accountant?

The main responsibilities of a Group Financial Accountant include providing high quality financial information internally and externally, driving the business forward, implementing changes within the global finance function, and advising on best practices and standards.

How does a Group Financial Accountant contribute to the finance function of the business?

A Group Financial Accountant contributes to the finance function by providing expertise in financial reporting, analysis, and advising on best practices to drive the business forward and uphold standards across the finance function.

What qualifications and skills are required for a Group Financial Accountant role?

Qualifications for a Group Financial Accountant typically include a degree in finance, accounting, or related field, along with professional accreditation such as CPA or ACCA. Skills required include financial analysis, reporting, communication, and the ability to drive change and implement best practices.

What opportunities for growth and development are available for a Group Financial Accountant?

Opportunities for growth and development as a Group Financial Accountant may include advancement to a senior financial role within the organization, opportunities for international assignments, and the chance to lead projects and initiatives within the global finance function.

Allen & Overy

International Law Firm with Global Reach

Law

Industry

1001-5000

Employees

1930

Founded Year

Mission & Purpose

Allen & Overy is a global law firm that helps the world’s leading businesses to grow, innovate and thrive. For almost a century, we have built a reputation for our commitment to think ahead and bring original solutions to our clients’ most complex legal and commercial challenges. At a time of significant turbulence in the business world, we are determined to help our clients embrace change, confidently expand into new markets and keep on top of ever-more complicated regulatory frameworks. To do this, we will harness our global strength and local knowledge. We will drive towards our vision to become the world's most innovative law firm. And we will continue to create an environment where the brightest minds can flourish.