Financial Accountant (COLIPS04)
Salary £ Competitive
Colchester or Ipswich office with hybrid working
Vacancy listed 03/12/2024
Application deadline 03/03/2025
Details
LB Group is a leading, UK Top 40 Accountancy firm. With a heritage spanning over 60 years, we have more than 400 accountancy professionals based in Stratford, Colchester, Chelmsford, Ipswich, Halstead, Harlow, Orpington, Sidcup and Sutton. We advise businesses, government and public sector organisations and individuals in the UK and internationally across seven principal practice groups: Accountancy & Advisory, Tax and Planning, Audit Services, Corporate Finance, Digital Solutions, Payroll and Financial Planning.

We have invested continuously in technology and gained in-depth knowledge across a broad range of markets, growing through acquisitions and private investment. We offer an exceptional service to our clients, with access to our sector experts to develop the strategy that will help them reach their goals. We keep a finger on the industry pulse, so our clients receive the best short to medium and long-term advice. 
The post holder will be expected to operate in line with our workplace values “RIALTO”. Respect, Integrity, Aspire, Learn, Teamwork and Ownership. LB Group appreciates all its employees with people at the heart of what we do, to ensure we are authentic, warm and relatable to those we serve.

Purpose of the role:
LB Group is recruiting for a Financial Accountant to be based in either our Colchester or Ipswich office. The role will oversee all accounting relating activities for the Group, working with the Group Head of Finance, Finance Manager, Financial Assistants, and our Credit Controllers.

Accountabilities: 
As a Financial Accountant you will need to:
• Prepare financial reports on a monthly and annual basis using the company’s in-house financial systems.
• Monitor cash flow, accounts, and other financial transactions.
• Prepare all balance sheet recs and draft group vat returns.
• Seek out methods and practices to improve the efficiency of the finance function and recommend cost savings for the business where possible.
• P&L Cost centre reporting for management.

Support the GFM and GHOF as required in the following tasks:
• Variance analysis of the budgets for each office location and line of business.
• Company and wider group budgetary planning.
• Updating and implementing financial policies and procedures.
• Providing executive management with accurate and comprehensive financial information to guide effective policy making and financial strategising.
• Providing external auditors with the necessary documentation and support.
• Assist on integration and training.
• Other adhoc project work.

Skills/Qualifications: 
• You will hold an accounting qualification (ACCA / ACA etc) with a practical understanding of management accounting principles and techniques and a solid knowledge of standard accountancy and finance best practices.
• You will have strong IT skills, including proficiency in the relevant accounting packages and a natural understanding of tax codes and laws with analytical skills to effectively analyse financial reports. 
• An in-depth knowledge of budgeting and financial forecasting and proven experience in managing people is essential.
• Desirable that you have worked in a Professional Services background or practice trained.

Benefits

At LB Group, our culture is driven by ambition and a commitment to positively impact all the communities we serve. We are dedicated to the success, development, and wellbeing of our colleagues, helping them achieve their goals and seize the opportunities that come with our growth. Alongside a flexible and inclusive work environment, we offer the following core benefits:

• 25 days holiday (FTE) plus Bank Holidays (Sept-Aug)
• Opportunity to purchase 3 extra days holiday per year
• Approved study days and exam days given
• Auto enrolment Pension Scheme with True Potential
• Death in Service
• Full study support including tuition fees and paid study days
• Professional membership support
• Paycare – claim money back for Dental / Optical / Professional Therapies
• Agile/Hybrid Working Policy
• Dress for your Diary Policy

LB Group is a flexible business which has embraced a hybrid working model where our colleagues enjoy a mix of home and office working. We welcome applications from people looking for flexible, agile, and part-time roles and we are happy to explore your preferred working patterns as part of your application.

Please note that this job profile is not an exhaustive list of duties but merely an outline of the key components of the role. You may be required by your line manager to take on additional responsibilities when requested.

LB Group is committed to being an Equal Opportunity Employer. Our policy is unequivocal: we do not tolerate discrimination based on age, disability, sex, race, religion, or belief, gender reassignment, marriage or civil partnership, pregnancy or maternity, or sexual orientation. We pride ourselves on being an inclusive organisation that actively promotes equality of opportunity for all, valuing the right mix of talent, skills, and potential. We welcome applications from a diverse range of candidates, and selection for roles is based solely on individual merit.

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