Group Accountant in South East England

What is a group accountant?

A group financial accountant is based in a head office and will oversee the accounts of all subsidiary companies within the group. As well as completing consolidation, reporting and forecasts, this role is responsible for ensuring each company adheres to reporting standards and is financially compliant.

Group accountant job description and responsibilities

The group accountant usually reports into the group finance controller and will provide financial guidance and support for a group of companies. They are responsible for all manner of financial reporting, budgeting, forecasting, consolidation and—most importantly—maintaining regulatory compliance across all companies in the group.

The role involves interacting with all levels of the business, from senior stakeholders to external parties and the finance team as a whole. Daily tasks include:

Financial reporting

Month end reporting and consolidation

Group statutory reporting

Completing subsidiary accounts

Quarterly bank reporting

Preparing annual budgets

Liaising with external or internal auditors

Answering financial queries

Preparing quarterly financial forecasts

Maintaining company compliance standard

Group accountant job qualifications, skills and experience

As well as a minimum professional AAT qualification, group accountants are expected to have a degree in one of the following subjects (or related):

Accounting

Finance

Mathematics

A group accountant should be a fully qualified ACA/ACCA/ICAS accountant and would ideally have excellent knowledge of accounting standards (IFRS, FRS etc.). Industry experience is usually preferred.

For career success, the following personal qualities are beneficial:

Excellent written and verbal communication

Ability to work independently

Excellent attention to detail

Good organisational skills

Good time management

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Microsoft Excel

SAP S/4HANA

Statistical Analysis

ERP Solutions

Accounting Software Systems

Accounting Functions

Reporting

Perform Ad Hoc Financial

Budget Processes

Review

Salary for Group Accountant in South East England

59400 - 72875

25th Percentile

59400

Little or no prior experience in the position; still developing relevant skills.

Demand: Low

50th Percentile

67650

Some prior experience in the position; has several relevant skills.

Demand: Moderate

75th Percentile

72875

Extensive prior experience in the position; has mastered relevant skills.

Demand: High

Projected salaries for related positions

Position title

25th Percentile

50th Percentile

75th Percentile

Chief Financial Officer

137500

187000

225500

Group Finance Director

121275

139150

154000

Finance Director

92675

110000

135850

Shared Service Centre Director

85250

96800

110000

Group Financial Controller

84150

101475

140250

Financial Controller

74525

90200

99275

Finance Manager

58850

68200

72600

Qualified Management / Financial Accountant

54450

59400

63800

Director of Audit & Risk

95700

100925

115500

Internal Audit Manager

63250

71500

77000

Internal Auditor

55000

58575

64625

Treasury Manager

71775

79750

85800

Treasury Accountant

55000

59950

67650

Tax Manager

64350

78100

96250

Tax Accountant

55275

60500

67650

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