Job description

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

Group Reporting 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 using established standards. (E.g. International Financial Reporting Standards).
• 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 Reporting Accountants must maintain a high level of technical accounting expertise and must always be experienced in using recognised and statutory reporting standards and methodologies.

Qualifications

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

Salary snapshot

Recent salaries advertised on TopFinancialJobs (December 2009) include:

• £30-40 per hour for a qualified (ACA) Group Reporting Accountant working on a temporary contract for a large FTSE 100 business in London.
• £51-60,000 per annum for a qualified Group Reporting Accountant working for a multinational FMCG company in central London.
• £50-60,000 per annum for a qualified (ACA, ACCA, CIMA) Group Reporting Manager working for a global group based in London.
• £40-45,000 per annum for a qualified (ACCA) Group Reporting Accountant working for a mining business in London.

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