Newcastle Building Society

Technical Accountant

Newcastle Building Society  •  United Kingdom of Great Britain and Northern Ireland (Hybrid)  •  14 days ago
Expired
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Job Description

Job Posting Title

Technical Accountant

Salary Band

£49, 317 - £65, 000

Grade: MP2

About the Role

As a Technical Accountant, you’ll join the External Reporting & Accounting team as a senior technical specialist, with a particular focus on treasury and hedge accounting across the Group. This is a highly visible role where you’ll lead and support complex accounting areas, ensuring the accurate treatment of treasury‑related financial instruments and compliance with IFRS requirements.

You’ll act as the subject matter expert for treasury accounting, partnering closely with Treasury, Balance Sheet Management and wider Finance teams. From providing technical guidance on complex transactions to supporting the delivery of high-quality external reporting, you’ll play a key role in maintaining robust financial reporting and strong controls.

About You

You will be a qualified accountant (ACA, ACCA or CIMA) with strong technical expertise, particularly in hedge accounting and the application of IFRS 9 / IAS 39. You’ll bring hands-on experience of working with complex financial instruments, alongside the ability to interpret and apply accounting standards with confidence and clarity.

With excellent analytical skills and attention to detail, you’re comfortable navigating complex accounting judgements and providing clear, well-reasoned recommendations. You’re also a strong communicator who can influence and collaborate effectively with stakeholders across Finance, Treasury and beyond.

About Us

Group Finance

Our functional vision is built on leadership, partnering for value, building specialised teams and ensuring our technology roadmap is based on future focused systems.

The Financial Operations & Control function brings together all operational activities and centres of excellence within Finance. This includes everything from closing the ledger, through to regulatory reporting and technical accounting, as well as accounts payable and payroll.

As an inclusive employer and member owned mutual, we aim to reflect the diverse communities we serve and encourage applications from candidates of all backgrounds. We believe everyone should feel valued, respected, and celebrated for who they are, we want colleagues to feel this is a place they belong. A place to be you.

What do you get in return? As well as receiving a competitive annual salary based on above-market pay scales, our reward package includes:

Financial

  • Corporate bonus scheme (on target 10%, up to a maximum 15%)
  • Pension scheme (up to 9% employer contribution)
  • Annual performance related pay reviews
  • Colleague mortgage scheme
  • Electric car salary sacrifice scheme
  • Life assurance (4x salary) and income protection
  • Access to our financial advisers
  • Access to a range of high street and online discounts

Work/Life Balance

  • A 35-hour weekly contract - We are happy to talk flexible working and welcome discussions
  • 30 days’ annual leave + bank holidays
  • The option to buy and sell up to 5 days’ holiday
  • Hybrid working (typically 3 days’ home based)
  • Above statutory family leave entitlement - 3 months full pay, 3 months half pay, regardless of gender or route to parenthood

Health and Wellbeing

  • Private medical insurance
  • Access to a health cash plan through a Medicash scheme
  • Access to an employee assistance programme
  • Free onsite gym at our Cobalt head office and access to discounted gym’s
  • Two paid volunteering days’ each year
  • Cycle to work scheme

Recognising there’s no one-size-fits-all approach to recruitment, we’re committed to ensuring every candidate has the opportunity to showcase their full potential throughout the recruitment process. We strive to make our processes as accessible as possible, if there are any ways in which we can provide support or make adjustments, we would love to discuss this with you, you can contact your Recruiter for this vacancy at kate.wilkinson@newcastle.co.uk

Company:

Newcastle Building Society

Newcastle Building Society

About Newcastle Building Society

Newcastle Building Society has provided trusted financial products and services for more than 150 years. As one of the biggest building societies in the North East, we’re still small enough to care deeply about our members, employees and the communities we serve.

Our Head Office sits at Cobalt Business Park in North Tyneside, with high-street branches across our region.

Because we’re committed to the principles of mutuality, it means we put our customers and the communities we serve first. We pride ourselves on our friendly, knowledgeable service that starts and finishes with a smile.

Industry
Finance & Insurance
Company Size
501-1,000 employees
Headquarters
, GB
Year Founded
1863
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