Senior Technical Financial Accountant

Date: 11 Jun 2024

Location: Farringdon, GB, EC1A 1AA

Company: Royal Mail Group

Royal Mail

 

Job reference number 313151

Senior Technical Financial Accountant - London Farringdon/Chesterfield

Competitive salary

Car allowance £4,000 or £3,500 cash equivalent 
Full Private Healthcare and annual bonus potential of 18%
Generous annual leave offering of 27.5 days, plus bank holidays, increasing with years served   

Permanent, Full time       

London, Farringdon or Chesterfield, Future Walk

You will be expected to attend the office 3 days per week.

 

 

At Royal Mail we’ve served our communities for over 500 years, helping to lead and transform the postal delivery market on a global scale. Our journey to improve never stops, and that’s where we need you.


We’re currently innovating and transforming our business for the future, adapting towards a parcel delivery market, as well as taking environmental responsibility for our impact as a business. To get there, we need exceptionally talented, bright, and driven people.

Are you a qualified accountant with strong working knowledge of IFRS? Do you have recent experience of working in one of the ‘Big 4’ accounting firms? If so, we would love to hear from you. We are looking for a Senior Technical Financial Accountant in our Financial Controls and External Reporting Team. Interested? More details and how to apply can be found below.


About the Role
Reporting into Financial Accounting and External Reporting Lead you will be the main contact for technical accounting guidance across the Group. You will work closely with business partners across Finance to develop new financial accounting policies and the production of accounting papers for auditors and senior stakeholders. You will also be the key liaison for the external auditor throughout the audit process.


You will also assist in the production of accurate and timely year end and half year Group (consolidated) Financial Statements and Financial Statements for the subsidiaries and Regulated business. You will lead a critical review of contents and supporting evidence for primary financial statements, including cash flow, and key supporting notes to the externally reported accounts.


You will work closely with business partners, including those in Tax, Treasury, and company actuaries, to develop robust processes and controls to accurately capture and reflect complex financial transactions in line with IFRS. You will ensure IFRS 16 accounting is complete and accurate so that the required analysis for the external auditor is available.
 

About You
To truly excel in this role, you’ll possess, and be able to evidence, the skills and experience listed below:

  • Qualified accountant (ACA, ACCA or CIMA).
  • Strong working knowledge of IFRS. The key accounting standards relevant to the Group are IFRS 15 (Revenue), IFRS 16 (Leases), IAS 19 (Pensions) and IFRS 9 (Financial Instruments).
  • Recent experience of working in one of the ‘Big 4’ accounting firms in either a technical accounting advisory role or as an external auditor is highly desirable. 
  • Strong Excel skills (lookups, pivots etc), knowledge of SAP also an advantage, an appetite to learn the Lease Accounting System and new tools such as Alteryx.
  • Strong interpersonal skills – you will need to be able to communicate complex accounting concepts to senior management.
  • Analytical and problem-solving capability.
  • A continuous improvement mindset – a desire to improve processes and make efficiencies.
  • Up-to-date and strong working knowledge of international accounting standards.

 

Extra Benefits
•    RMG Share Schemes - partnership and matching share offer
•    Family friendly support - enhanced maternity pay, paternity leave, adoption leave and shared parental leave
•    Discounts and offers - there are more than 800 offers to help you save on things like groceries, days out, holidays and your household bills*.
•    Supportive and generous company sick pay
•    Your Wellbeing - you and your family have 24/7 access to services and tools to help you get the most out of life. From your physical and mental health to financial and social support and advice. It’s free, and it’s for everyone.
•    Lifestyle benefits - You can purchase a car, bike, home technology or mobile phone, or choose from a range of health benefits and insurance products. You make regular payments from your salary, and so could save on tax*.  
•    Financial support - information and services to help you manage debt and grow your financial knowledge, with debt consolidation & savings plans*
•    Your peace of mind with - Healthcare CashPlan, Dental Cover, Additional Life (life insurance) & Additional Life Partner, Hospital & Death Benefit Plans; Voluntary Critical illness & Voluntary Critical illness Partner
•    Free & discounted RMG products - free keep safe & redirection, partner discounts 
•    Free stamps at Christmas
*Available only to perm employees

 

Your career in safe hands

 

At Royal Mail we value our people and we want our people to be proud to work for our businesses. 


We have the assets, the infrastructure and the scale that others don’t, yet we are a big part of the communities we operate in, making billions of precious deliveries each year. We are responsible for the largest B2B customer database in the UK and are one of the largest employers in the UK, providing one in every 194 jobs.

 

An operation of this size needs a strong support network, and the HR, Legal, Finance, IT, Risk & Governance, Customer Experience, Sales & Marketing departments are all integral to helping us to utilise the latest technology and business approaches to optimise, automate and digitise our operations. 

 

Royal Mail is a forward thinking, innovative organisation, that is also committed to reducing emissions and improving air quality in our communities. This includes investing in technologies such as electric vehicles, drones, alternative fuel trucks and energy improvements to our estate. 

For more information on Royal Mail Group and our values please click here: https://www.internationaldistributionsservices.com/en/about-us/

 

Next Steps

The next stage of the selection process will be an interview consisting of competency based and role specific questions. 

 

Trust forms the foundation of everything we do in Royal Mail. We want to be transparent about what kind of qualities we are looking for and build trust from the very beginning of your journey with us. The first step is your interview, and we mean ‘your’ interview. We want to give you the opportunity to shine. To enable you to do this, we will provide you with your interview questions ahead of the interview taking place. This will allow you time to prepare, and ensure you have your best examples in mind. Royal Mail Group values both trust, and our people. 
 

We don’t expect every candidate to meet the full criteria for the role. If your experience looks a little different from the job requirements, but you feel you have the relevant skills to bring value to the role, we’d love to learn more about you. 

 

Royal Mail are proud of our diverse employee network groups and the active role they play to support belonging and encourage a positive work environment. We are firmly committed to inclusion and passionate about our people representing the communities we serve. 

 

We are happy to support your need for any adjustments during the application and hiring process. Please share the details within your application if required.

 

 

We are Forces family friendly and a Gold signatory to the Armed Forces Covenant. We welcome applications from ex-Armed Forces personnel, reservists, veterans, cadet instructors and military spouses/partners.

 

For more information on Royal Mail Group and our values please click here: https://www.internationaldistributionsservices.com/en/about-us/

 

Closing Date: Tuesday 18th June. Please note, this advert may close early if the appropriate number of applications has been reached.

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