Technical IFRS Consultant

Role Type: Permanent

Location: Coventry, West Midlands,

Salary From: £325

Salary To: £350

Contact Name: James Wood

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Technical Accountant – IFRS Specialist

Temporary – Day Rate – £350 Per day – 12 months+

Remote – Midlands Based

Reporting to the Head of Accounting, the Group Technical Accounting Specialist is responsible for ensuring that the Group follows best practices in IFRS and stays abreast of developments in this field.

This Technical assignment plays a vital role in managing the risks and opportunities inherent in complex and dynamic accounting rules. He/she devises practical ways for the Group to comply with these rules and proactively identifies opportunities to improve and simplify working practices in this area.

Key accountabilities
– Technical Accountant

  • Support the budgeting and forecasting process of the Group.
  • Act as key accounting adviser to the Group during the annual external auditing and statutory accounts process.
  • Review current technical accounting papers and policies
  • Draft new accounting policies under IFRS
  • Lead on implementation of IFRS15
  • Main point of contact with our external consultants on all issues
  • Review and prepare new revenue policies across wholesale agreements, contracts, distribution, promotion, subscriptions, and discounts.
  • Identify ways to streamline, simplify or otherwise optimise accounting policies throughout the Group, and more generally contribute towards a culture of continuous improvement.
  • Maintain an excellent level of technical accounting expertise, with a particular focus on developments in International Financial Reporting Standards.
  • Develop and maintain strong relationships with key internal and external stakeholders and advisers.
  • Provide in-house training on accounting matters to other members of the Finance team.
  • Perform reviews of Balance Sheet reconciliations.
  • Support development of business case requests for additional resources and funding
  • Support in the recruitment, induction, and training of team members.
  • Attend and contribute to management/department meetings where required
  • Any other ad hoc work required by the Head of Accounting

Skills & experience – Technical Accountant

  • Deep understanding of International Financial Reporting Standards, including, but not limited to IFRS 16, IFRS 9
  • Experience of Finance systems
  • Advanced Excel user
  • Capacity to maintain exceptional attention to detail whilst managing large sets of data and working to tight deadlines
  • Confident and influential communicator, with the ability to and build positive relationships at all levels
  • The ability to demonstrate resilience and build trust
  • Sense of responsibility, integrity and leading by example
  • ACA/ACCA Qualification or equivalent

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