Job description

Group Accountants are strong technical accountants who work within central or group finance functions for large organisations which operate many branches or divisions reporting into the central function.

Group Accountants are responsible for consolidating financial reports and delivering management and statutory accounts for internal and external bodies, including board level reporting and financial statements.

Typical duties include:

• Preparing consolidated published and subsidiary accounts.
• Producing monthly management accounts.
• Financial and management accounting.
• Financial analysis for senior managers and directors.
• Ensuring compliance with statutory reporting regulations.
• Frequent liaison with senior managers.
• Developing financial reporting systems and processes.

Group Accountants must maintain a high level of technical accounting expertise and must always be cognisant with recognised and statutory reporting standards and methodologies.

Qualifications

Group Accountants are typically qualified accountants with expertise in and experience of regulatory reporting standards and requirements.

Salary snapshot

Recent salaries advertised on TopFinancialJobs (December 2009) include:

• £35-40,000 per annum for a qualified (ACA, ACCA) Group Accountant working for an AIM listed software and consultancy company in Manchester.
• £45,000 per annum for a qualified (ACA) Group Accountant working for an international brand management company in London.
• £55-65,000 per annum for a qualified (ACA, ACCA, CIMA) Group Accountant working for a global financial services company in the City of London.
• £51-60,000 per annum for a qualified Group Accountant working for an international bank in London.

Are you a Group Accountant? Would you like to contribute to our "Day in the Life of..." series? Email us at info@topfinancialjobs.co.uk for more details.