Financial Accountant - Colleague Reward

Vacancy Information

We have a fantastic opportunity to join the Central Accounting team at Greggs as a Financial Accountant (Colleague Reward).

You will be responsible for controlling all of our reward and payroll-related accounting and supporting the People team to consider the financial implications of reward decisions, assess the impact of changing legislation, and manage costs.

We can offer you:

• Management Bonus Scheme which is worth up to 12.5% of your salary

• Pension scheme with matching employer contributions up to 7%

• Colleague discount, up to 50% off our own-produced products

• Profit share - We want everyone to share in the success of the business, so we distribute 10% of our profits to all our colleagues who have at least 6-month service, or more, each year

• 25 days (5 weeks) annual leave, pro-rated, increasing with service (in addition to bank holidays), plus 1 additional floating day

• The opportunity to purchase additional annual leave twice a year

• Colleague share plans, giving you the opportunity to save and invest in Greggs, with the chance to buy Greggs shares at a discounted rate

• Private Medical Insurance which is free for you and subsided for your dependants

• Income Protection should you become unable to work due to long-term sickness

• Death in service benefit which provides a lump-sum payment equal to 4 times your year's salary

• Virtual GP, Physiotherapy and Lifestyle Consultations - we provide access to a fantastic total wellbeing app for you and your family

• Employee Assistance Programme - we provide all colleagues with access to an EAP helpline providing mental health support as well as financial and legal support

• Savings and discounts, including digital gift card discounts, online cashback, in-store and online coupons and lifestyle offers

• Career progression and learning and development opportunities

• A company who cares about our communities; the environment and being a better business! Click here to read about The Greggs Pledge

• Colleague Networks - internal groups where colleagues and their allies can share their own experiences, offer feedback on the way we do things at Greggs, and provide support to one another

About the role

• This is a full-time role, however flexibility in this will be considered
• We know that having a work-life balance is important, so we offer our colleagues as much flexibility as possible in line with the needs of their role
• The base location for this role is Quorum Business Park, Newcastle upon Tyne, NE12 8BU

What you'll do

• Monthly accounting for all payroll-related costs (PAYE, NIC, pensions, loans, cycle 2 work, travel expenses, charities etc.)
• Monthly accounting for reward-related costs (share options, SAYE, SIP)
• Preparing the annual budget and regular forecasting in relation to the above areas
• Support the management of share option, SAYE and SIP schemes, liaising with the share scheme administrator, People and Legal teams as appropriate. Includes calculation of grant prices, vesting outcomes, scalebacks etc.
• Accounting and control of share option schemes, including tax returns and Employee Benefit Trust management
• Preparing balance sheet reconciliations and review packs
• Provide business partnering support to the People function
• Contribute to the production of the Company’s annual Remuneration Report
• Respond as required to the Company’s external and internal auditors
• Support for statutory accounts preparation
• Other support to the Finance team and rest of the business as required

About you

You will fit right into this role if you:

• Are a qualified accountant (ACA, ACCA or equivalent) with at least three years post-qualified experience, with excellent understanding of International Financial Reporting Standards
• Are an expert user of Microsoft Excel and confident in using other Microsoft products (PowerPoint, SharePoint, Outlook, PowerBI)
• Have a track record of forming and strengthening trusted relationships across functions and are confident at communicating key financial information to different audiences with the ability to influence decision making
• Can multi-task and work with multiple priorities at pace, delivering results within tight timescales
• Have good attention to detail to ensure the accuracy of information provided
• Are self-motivated with the ability to work under pressure and using own initiative to identify and implement process improvements
• Enjoy being part of a hard-working team, sharing the same end goal, and celebrating results together

About Greggs

Here at Greggs, we love what we do, and we have fun! What makes Greggs so special is our culture – the way we are, the way we behave and the way we support each other. We're hard-working, but above all else we're family; and it doesn't matter who you are, where you're from or what your favourite bake is, we’d love you to join us!   We want everyone to feel welcome at Greggs and our colleagues to be able to be themselves at work, whatever their background, preferences, or views.