Financial Accountant

  • Location

    London

  • Sector:

    Accountancy & Finance

  • Job type:

    Permanent

  • Salary:

    £55,000-£60,000

  • Contact:

    Alex Beadle

  • Contact email:

    alex.beadle@altumconsulting.co.uk

  • Published:

    about 1 month ago

  • Expiry date:

    2020-01-31

Altum Consulting are assisting an international media business with a brand new hire within their technical accounting team. This role is ideally suited to practice trained accountants looking to transition into industry, or those with excellent technical accounting knowledge, particularly around revenue recognition and accounting for leases. US GAAP experience is not required, but would be beneficial.

 

  • Assist with accounting for leases under US GAAP and differences between UK & US GAAP, including treatment of associated lease costs
  • Work with the Sponsorship Finance Manager & US Technical team on revenue recognition for large sponsorship contracts across the UK & Ireland
  • Assist with application of new accounting standards and review of compliance with current accounting standards, including in instances of new acquisitions, disposals and re-structures
  • Assist with responses to the internal and external auditors on accounting and consolidation queries
  • Perform periodical Balance Sheet reviews of the UK & Ireland business units
  • Respond to Balance Sheet reviews carried out by the International & US teams over the UK business
  • Write technical accounting memos on new and / or complex accounting issues
  • Maintain, review and amend the Asset Retirement Obligation and dilapidation provisions across the group
  • Responsibility for quarterly technical review of US GAAP companies balance sheet reconciliations where UK to US GAAP differences are accounted for
  • Accounting for US share based payments schemes across the group
  • Accounting for redeemable NCI fair values
  • Monthly P&L and Balance Sheet upload to Oracle for certain non-wholly owned entities (DFC)
  • Assistance with integration of new acquisitions into the group, including liaising with local accountants to assist with onboarding, as well as opening balance sheet accounting under UK and US GAAP

 

Suitable candidates will match the following:

  • ACA Qualified accountant
  • Technically knowledgeable, and an adaptable problem solver
  • Good communicator
  • Conscientious, and capable of dealing with urgent and multiple deadlines
  • Knowledge and understanding of IFRS
  • US GAAP experience is highly beneficial