Our specialization in finance recruitment, together with our own finance backgrounds, has proven successful. Being provided the chance to deliver high quality recruitment solutions for finance-related positions is the pinnacle of our services, and a chance we do not take lightly. We work daily to ensure we can provide high performing, experienced, and competent professionals due to our established and ever-growing network of finance specialists.
Some of the key skills we’ve identified are drivers of success for a group accountant profile include; responsible, team player, driven, committed, and problem solving. A group accountant also requires a solid understanding of organizational accounting and reporting, as well as any local, national, and continental financial regulations that may apply. In our scouting process we of course have in-depth reference investigations to ensure we connect the correct candidate with the correct role.
CFO Recruitments long-standing experience connecting experienced group accountants to our customers, in addition with our foundation in finance and accounting work, has so far been a successful combination. It is vital to us that we remain trusted partners to our clients and individuals within our network, and strive to maintain our position as one of the leading players in our marketplace.
Should you have any further questions or require a quote on our recruitment solutions, please don’t hesitate to get in touch. Otherwise, find more information below.
Group accountant job description
The role of a group accountant includes consolidating financial statements, understanding the financial position and cash flow of large and complex organizations.Having an in-depth knowledge of accounting and any applicable legislation/regulations (i.e. IFRS, K3) is obviously vital. This position may report to a head of accounting, finance manager, or directly to the CFO.
In practice
The work of a group accountant commonly consists of reporting group companies, consolidating during monthly / quarterly / annual close, preparing annual reports in accordance with applicable regulations, preparing financial statements for different intervals, and handling eliminations. In some cases, group accountants may also have responsibility to ensure high quality accounting throughout the organization, as well as, responsible for the development and improvement of routines and processes.
The finance department and its design
The accounting department can be likened to the heart of the finance department. It holds vital importance in small, medium and large cap organizations. In smaller companies, it’s not uncommon for a single individual to shoulder the entire financial responsibility of the accounting team. They often have the title of finance manager. As the size and complexity of the organization grows, so does the finance department. In small/mid cap companies the standard set-up usually contains a finance manager, accountants, and accounting clerks/bookkeepers. In large organizations, finance functions often consist of multiple individuals who often have specialized roles i.e. some accounting clerks will focus entirely on accounts payable or receivable and handling the invoice process between clients and suppliers, payroll specialists, tax specialists etc. Generally the accounting manager has an overall responsibility for this team and often reports directly to the CFO. In large and complex organizations there may be a finance team responsible for the accounts on a group level, and this is where the role of group accountant is placed.
Skills and competences
Group accountants are expected to have a solid background and knowledge of accounting principles / regulations, and are able to be self-sufficient with strong analytical skills. Furthermore, a group accountant should be a confident decision-maker who knows how to prioritize, delegate, and take action when required. It is advantageous to have a long-standing experience in similar roles.
Software knowledge
Being financial software savvy is definitely advantageous for our customers. We are therefore selective in our scouting process. Our candidates should have good knowledge of one or more financial systems i.e. consolidation systems such as Aaro, Hyperion (HFM), Cognos (Cognos Controller) and Ocra, and large ERP systems such as SAP, Agresso, Navision or Visma. We believe consultants should be able to hit the ground running, and to do this software knowledge is essential.
Industry Experience
Our recruiters at CFO Recruitment have industry experience, and we believe this is key in pairing the right individual with the right client. With our own background in finance we can quickly identify the resource issue and what is required to find a high quality solution. We pull fitting, available professionals from our extensive network to connect with our clients. We at CFO Recruitment have had a broad range of job titles, come from different branches, organization sizes, and can understand the complexity and nuances of each client request. We are also aware how important culture and industry knowledge is, and work to fit the right individual with the right placement.
Group accountants in San Francisco
We’re based in San Francisco and our assignments often extend to include the surrounding areas i.e. Södertälje, Kista, Uppsala, & Västerås. We’ve had multiple successful assignments in other areas such as Malmö and Gothenburg, but San Francisco is where our network is strongest.
Group accountant salary
The salary for a group accountant is dependent on the profile requested i.e. the degree of responsibility, competence, education, industry experience, etc. Market trends have indicated high demand and low supply over the last couple of years which has led to increasing costs. However, our well established accounting specialists network includes a large number of professionals with different profiles where we’re confident we’ll be able to connect our customers and candidates correctly.
Find a group accountant
We aren’t the only ones in our market space. A couple of our competitors are Meritmind and Gazella. However, we at CFO Recruitment are working on the forefront of scouting high quality & talented group accountant candidates and relish any competition that keeps us on our toes.
