Group Accountant Job Description
Group accountant
provides guidance in accordance to Siemens Financial Reporting Guidelines and IFRS (International Financial Reporting Standards), and communicate changes related to the Reporting and Accounting guidelines.
Group Accountant Duties & Responsibilities
To write an effective group accountant job description, begin by listing detailed duties, responsibilities and expectations. We have included group accountant job description templates that you can modify and use.
Sample responsibilities for this position include:
Ensure you have an excellent knowledge base of IFRS and consider the impacts on the business
IXBRL submissions
Performing reconciliation of daily activities (clearance and settlements of eight clearing accounts) including fails, P&L, between the firms internal systems, INDY/AS400, and Oracle
Generating daily and month to date Oracle entries
Acting as an intermediary between the operations and finance groups to maintain a cohesive and efficient working environment
Performing daily 15c3-1 regulatory capital calculations for US based broker dealer and distribute the summary report to relevant parties
Performing weekly SEC Rule 15c3-3 calculations for the Broker Dealer entity
Assisting in trouble-shooting trade related issues
Monitoring and reporting positions and fails
Generating and distributing daily Revenue Report
Group Accountant Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Group Accountant
List any licenses or certifications required by the position: C.P.A
Education for Group Accountant
Typically a job would require a certain level of education.
Employers hiring for the group accountant job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Accounting, Finance, Business/Administration, Business, Education, Associates, Accountancy, Economics, MBA, Management
Skills for Group Accountant
Desired skills for group accountant include:
Excel
IFRS
Digital sectors an advantage but not a requirement
International Financial Reporting Standards
Media
Financial controls and exposure to data quality assurance processes
Accounting principles
Consolidation software
Disposals and joint ventures
IFRS and UK plc disclosure requirements
Desired experience for group accountant includes:
Coordinating changes to AS400 and Indy trial balance accounts
Supporting and documentation for FSR reporting
Collaborating with IT on system enhancements
Acting as Internal and external audit interface between Operations and Finance, providing documentation, research, problem resolutions, and education with respect to the various products and the methods used to capture the firms activity in Oracle
Monitoring mortgage margining and documenting / implementing controls relating to new SEA Ruling 17a-5
Reviewing the recognition and booking of clearance costs to the broking desks
Group Accountant Examples
1
Group Accountant Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of group accountant. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for group accountant
- Prepare detailed balance sheet analyses and income statement variance and fluctuation analyses in connection with closing packages
- Prepare statement of cash flows and supporting workpapers
- Analyze and review complex transactions and prepare related journal entries,including but not limited to acquisitions, dispositions, refinancings, build to suit transactions
- Analyze General & Administrative expense accounts and prepare or review accrual journal entries as appropriate
- Assist financial reporting team in reviewing 10K/10Q disclosures and preparing supporting workpapers
- Preparation of relevant technical papers to the Board
- A broad range of ad hoc projects
- Responsible for iXbr1 "tagging" of Financial Statements
- Liaise with auditors on all routine audit matters
- Completing all management accounts for all the subsidiaries
Qualifications for group accountant
- Preparation of monthly and year end financial statements for sub-group consolidated accounts
- Assist in group quarterly, year end consolidation, group forecasts and budgets
- Assist in preparation and review of group quarterly SGX announcement
- Part of team responsible for establishing, reviewing and updating of group accounting policies and procedures in line with changes in business requirements and relevant financial reporting standards
- Ad hoc project work as require
- Must have consolidation experience
2
Group Accountant Job Description
Job Description Example
Our company is hiring for a group accountant. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for group accountant
- Consolidate statutory accounts for year end
- Business partner with EMEA head of finance to ensure smooth running of the subsidiaries
- Evaluate compliance with contract accounting GAAP
- Develop effective working relationships with Divisional and/or Group Management
- Monitor and analyze the quarterly financial results at reporting locations within assigned business operating groups
- Complete ad hoc special projects as required
- Management and development of finance systems and operational tasks required by team
- Review of key monthly balance sheet reconciliations
- Review of VAT & CSO returns
- Review of statutory accounts for all Irish group companies
Qualifications for group accountant
- Exposure to COGNOS is a preferred advantage
- The ideal candidate is either going to come from a similar role in a large ASX listed organisation or will be looking to take a step out of a leading accounting practice
- Degree in Accounting or Finance / ACCA
- Leadership in all technical finance matters through building company wide 'centre of excellence finance function capability
- Experienced in a range of finance disciplines including corporate finance, regulatory reporting, taxation, and treasury
- Experience is multi currencies
3
Group Accountant Job Description
Job Description Example
Our company is looking for a group accountant. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for group accountant
- Monitor and assess nexus as the company evolves
- Work through, review, and make recommendations on tax issues related to sales contracts
- Work with legal to ensure registered in states and provinces
- Ensure foreign subsidiaries comply with all US and Canadian tax requirements
- Help identifying, analyzing and recommending solutions for issues that arise
- Understand all aspects of the subsidiary
- Participate in the preparation of the annual report, quarterly shareholder and supervisory board information
- Participate in small projects
- Assisting with internal reporting to the Board to external stakeholders such as lending banks and shareholders
- You will be responsible for the year end statutory accounts for the Group
Qualifications for group accountant
- Assisting with the preparation of the year-end and interim accounts with the quarterly results announcements
- Previous Audit (Financial and Operational) and GAAP experience
- CPA or on track to obtain CPA within one year of hire
- Fully qualified accountant with excellent management experience of accounting teams
- Hotel accounting experience a distinct advantage but not essential
- Recently qualified accountant with good financial reporting experience ideally in a MNC
4
Group Accountant Job Description
Job Description Example
Our innovative and growing company is looking for a group accountant. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for group accountant
- Prepare finance reports, budget forecast and other comparative analysis
- Preparation of consolidation reports
- Supervise the assurance staff assigned to the engagement (if designated as In-Charge or Reviewer)
- Timely preparation and issuance of complete and accurate monthly and annual hotel and/or ownership financial statements
- Creation of annual budgets, and monthly variance analyses
- Accounting for construction and other FF&E projects
- Rotational opportunities within the above mentioned disciplines, including internal audit
- Recent college graduate would be considered
- Prepare group reporting schedules and reports for quarterly reporting, forecasting and strategic planning
- Input data into the group reporting tool (Magnitude)
Qualifications for group accountant
- CPA with five plus years of financial accounting experience
- Experience with QuickBooks, Bill.com and other cloud based accounting software packages and tools preferred
- Qualified ACA accountant (or equivalent) with at least 3 years PQE gained at either a listed group finance function or "Big 4" accountancy firm
- Ability to independently take ownership of responsibilities and deliver timely and accurate information and reports
- Examples of challenging the status quo and implementing process and/or system improvements
- Able to manage working relationships across departments and with various levels of management (Including the board of directors)
5
Group Accountant Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of group accountant. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for group accountant
- Prepare audit related schedules and respond to auditors’ queries
- Conduct monthly general ledger account reconciliations
- Process capital expenditures and reconcile the fixed asset module
- Contribute to the budgeting and forecasting processes and preparation of budget-to-actual variance reports
- Participate in monthly and year-end close processes by recording entries required for analyzing and summarizing information for financial reporting purposes
- Participate in annual external audits by completing requested materials and assist in preparation of assigned schedules for annual audits
- Perform as back-up for general accountant position including processing of accounts payable, accounts receivable and purchase card processing
- Conform with and abide by all regulatory guidance and internal policies and procedures
- Perform various other tasks as may be assigned from time to time by the Director of Accounting or the Vice President, Risk Management and Controller
- Position requires face-to-face personal interaction with staff, peers and other personnel
Qualifications for group accountant
- Qualified membership of recognized professional accounting body, prefer candidates with prior Big 4 experience
- At least four years of experience in accounting and finance related roles
- Knowledge of cash, and
- Prior public accounting experience is preferred
- Prior income tax preparation, including partnerships, corporations and individuals is preferred
- Reviewer level experience is preferred