Group Accountant in South West 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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Salary for Group Accountant in South West England

56700 - 69563

25th Percentile

56700

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

Demand: Low

50th Percentile

64575

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

Demand: Moderate

75th Percentile

69563

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

131250

178500

215250

Group Finance Director

115763

132825

147000

Finance Director

88463

105000

129675

Shared Service Centre Director

81375

92400

105000

Group Financial Controller

80325

96863

133875

Financial Controller

71138

86100

94763

Finance Manager

56175

65100

69300

Qualified Management / Financial Accountant

51975

56700

60900

Director of Audit & Risk

91350

96338

110250

Internal Audit Manager

60375

68250

73500

Internal Auditor

52500

55913

61688

Treasury Manager

68513

76125

81900

Treasury Accountant

52500

57225

64575

Tax Manager

61425

74550

91875

Tax Accountant

52763

57750

64575

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