companyTelefónica Tech logo

Technical Financial Accountant at Telefónica Tech | London

On-site Full-time

Clicking Apply Now takes you to AutoApply where you can tailor your resume and apply.


Unlock Your Potential

Generate Job-Optimized Resume

One Click And Our AI Optimizes Your Resume to Match The Job Description.

Is Your Resume Optimized For This Role?

Find Out If You're Highlighting The Right Skills And Fix What's Missing

Experience Level

Mid to Senior

Qualifications

QualificationsBachelor's degree in Accounting or Finance. Professional qualification: ACA/ACCA (Big 4 or top-tier audit experience preferred). Skills & ExperienceTechnical Expertise: Extensive knowledge of IFRS/FRS102 and experience in complex accounting domains (leases, revenue, financial instruments, consolidations). Over 10 years of experience in technical accounting or audit, including group reporting and consolidation. Proficient in ERP systems (Dynamics, SAP) with advanced Excel capabilities. Strong analytical and problem-solving abilities. Exceptional written communication skills for drafting technical papers. Capacity to manage multiple priorities and meet deadlines. Maintain strong internal controls and ensure compliance with SOX or equivalent standards while overseeing audit processes and liaising with external auditors. Meticulous attention to detail.

About the job

As a Technical Financial Accountant at Telefónica Tech, you will play a crucial role in ensuring adherence to accounting standards while addressing intricate technical accounting matters. Your expertise will enhance the accuracy of financial reporting and compliance. This position emphasizes interpreting IFRS/GAAP requirements, preparing statutory accounts, and providing advisory support regarding accounting treatments for transactions and emerging standards.

Key Responsibilities

Technical Accounting & Compliance

  • Interpret and implement IFRS/GAAP standards for complex transactions such as leases, revenue recognition, and financial instruments.
  • Draft technical accounting papers for audit scrutiny.
  • Track updates in accounting standards and evaluate their implications for the business.

Audit

  • Design annual audit strategies based on risk assessments and business priorities.
  • Establish the scope, objectives, and timelines for each audit engagement.
  • Efficiently allocate resources and assign roles within the audit team.
  • Lead and manage audit projects across financial, operational, and compliance domains.
  • Ensure audits align with professional standards and organizational policies.
  • Review working papers to verify that documentation supports audit findings.

Financial Reporting

  • Prepare comprehensive consolidated financial statements and statutory accounts.
  • Guarantee compliance with regulatory and disclosure mandates.
  • Assist with the external audit process and address technical inquiries.

Advisory & Support

  • Provide guidance to finance and business units regarding the accounting implications of new contracts and projects.
  • Ensure consistent application of group accounting policies and offer support.

Controls & Governance

  • Uphold robust internal controls over financial reporting.
  • Assist with SOX compliance and related documentation.

Company Secretarial Experience (UK)

  • Prepare and file Confirmation Statements, annual accounts, and event-driven filings with Companies House (e.g., AP01/CH01/PSC01-07, SH01, AA, CS01, TM01).
  • Coordinate with external advisors to issue agendas, notices, minutes, and written resolutions for board and committee meetings, ensuring alignment with articles of association and shareholder agreements.

Continuous Improvement

  • Identify enhancements to improve reporting processes and technical accounting efficiency.
  • Assist with system upgrades relevant to technical accounting requirements.

About Telefónica Tech

Telefónica Tech, a key player in the Telefónica Group, is a premier provider of NextGen Tech solutions, boasting a diverse workforce of over 6,000 highly skilled employees from more than 60 nationalities. We harness technology to unlock the full potential of data, enabling our clients to make informed business decisions and fortify their organizations for a sustainable future. Serving over 5.5 million customers daily across 175 countries, we collaborate with a global network of leading partners. Our UK and Ireland operations feature over 1,000 professionals dedicated to empowering top brands and organizations in various sectors, including public service, financial services, insurance, retail, and manufacturing.

Similar jobs

Tailoring 0 resumes

We'll move completed jobs to Ready to Apply automatically.