Lead Statutory Reporting Accountant

Lead Statutory Reporting Financial Accountant

Location: Canary Wharf, London

Type: Permanent

Date Posted: 10 November 2023

Salary: £80,000 - £81,400 per annum (total compensation circa £100,000 including bonus, pension etc.)

Contact: (Ref: DB)

Benefits: 9 days - fortnight (every second Friday off as holiday)

Main Responsibilities

• Prepare statutory accounts for UK entities with supporting schedules and documentation to meet external audit requirements.
• Liaise directly with company auditors (KPMG) and coordinate responses to audit testing.
• Research and apply UK GAAP accounting policy for new or changing business activity.
• Post UK GAAP adjustments into unconsolidated companies in SAP.
• Take a lead role in the interim and year end SOX control audits, prepare supporting schedules and analysis, and answer queries from KPMG as they arise.
• Coordinate responses and requests for documentation from the wider Europe business.
• Ensure timely and accurate internal monthly corporate reporting to our headquarters in the US, including benefit analysis, ad valorem taxes and allowance for doubtful accounts reports.
• Perform month end close activities (accruals, amortisations, payroll accounting, currency revaluations, other ad hoc journals).
• Undertake monthly balance sheet account reconciliations; ensure open items are followed up and cleared on a timely basis.
• Critically review accounting entries in SAP and overall account balance variances on a monthly basis to ensure data integrity.
• Perform ad hoc statutory and analytical work to support Manager UK & HQ Accounting and the Europe business; represent the financial accounting team on work streams and projects.

Qualifications and Competencies

• Educated to degree level and must be a qualified accountant (ACA/ACCA/CIMA).
• Up to date knowledge of UK GAAP accounting standards (FRS102).
• Post qualification experience in financial accounting and statutory reporting (5+ years) gained in practice or a commercial environment.
• Excellent verbal and written communication skills with strong interpersonal skills; ability to summarise complex financial reporting issues for a non finance audience.
• Effective analytical and problem solving skills.
• Ability to prioritise and handle multiple tasks concurrently; manage own time and meet all deadlines in a high pressure environment.
• Advanced proficiency in Excel & SAP.
• Experience using Thomson Reuters OneSource Accounts Production software is preferred but not essential.