Group Accountant in 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 East England

57240 - 70225

25th Percentile

57240

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

Demand: Low

50th Percentile

65190

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

Demand: Moderate

75th Percentile

70225

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

132500

180200

217300

Group Finance Director

116865

134090

148400

Finance Director

89305

106000

130910

Shared Service Centre Director

82150

93280

106000

Group Financial Controller

81090

97785

135150

Financial Controller

71815

86920

95665

Finance Manager

56710

65720

69960

Qualified Management / Financial Accountant

52470

57240

61480

Director of Audit & Risk

92220

97255

111300

Internal Audit Manager

60950

68900

74200

Internal Auditor

53000

56445

62275

Treasury Manager

69165

76850

82680

Treasury Accountant

53000

57770

65190

Tax Manager

62010

75260

92750

Tax Accountant

53265

58300

65190

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