The Technical Financial Accountant ensures compliance with accounting standards, manages complex technical accounting issues, and supports accurate financial reporting. This role focuses on interpreting IFRS/GAAP requirements, preparing statutory accounts, and advising on accounting treatments for transactions and new standards.
Key Responsibilities
Technical Accounting & Compliance
- Interpret and apply IFRS/GAAP standards to complex transactions (e.g., leases, revenue recognition, financial instruments).
- Prepare technical accounting papers for audit review.
- Monitor changes in accounting standards and assess impact on the business.
Audit
- Develop annual audit plans based on risk assessment and organizational priorities.
- Define audit scope, objectives, and timelines for each engagement.
- Allocate resources and assign audit team members effectively.
- Lead and supervise audit engagements across financial, operational, and compliance areas.
- Ensure audits are conducted in accordance with professional standards and company policies.
- Review working papers and ensure documentation supports findings.
Financial Reporting
- Prepare consolidated financial statements and statutory accounts.
- Ensure compliance with regulatory and disclosure requirements.
- Support external audit process and respond to technical queries.
Advisory & Support
- Advise finance and business teams on accounting implications of new deals, contracts, and projects.
- Provide guidance on group accounting policies and ensure consistent application.
Controls & Governance
- Maintain strong internal controls over financial reporting.
- Support SOX compliance and documentation.
Company Secretarial Experience (UK)
- Preparing and filing Confirmation Statements, annual accounts, and event‑driven filings with Companies House (AP01/CH01/PSC01‑07, SH01, AA, CS01, TM01, etc.).
- Co ordinating with external advisors to issue board and committee agendas, notices, minutes, and written resolutions. Coordinating approvals for share issues, option grants, buy‑backs, capital reductions, and dividend declarations; ensuring alignment with articles of association and shareholder agreements.
Continuous Improvement
- Identify opportunities to improve reporting processes and technical accounting efficiency.
- Assist with system enhancements related to technical accounting requirements.