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Financial Reporting Manager

  • Location: London
  • Salary: Up to £75000.00 per annum per year
  • Job Type:Permanent

Posted about 1 month ago

  • Sector: Accountancy & Finance
  • Contact: Graham Thornton
  • Contact Email: gt@cedarrecruitment.com
  • Start Date: 23/06/2022
  • Expiry Date: 28 July 2022
  • Job Ref: JO0000011152_1656407436

Financial Reporting Manager

£75,000 + excellent benefits

London 2 days + WFH hybrid

(role could also be based Northeast Surrey if candidate prefers)

Multi-billion revenue market leader

This acquisitive, multi-billion revenue Group operates across multiple international territories and provides a range of critical services that touch on many people's lives.

It is now seeking to recruit a talented chartered accountant who can play a key role in the financial reporting of a sizeable, successful and growing division.

The role includes:

Regional Annual budget and strategic plan process:

  • Partner the BU finance teams on instruction/templates/questions relating to delivery of the budget and strategic plan
  • Reviewing/challenging and understanding BU budgets including identifying key drivers, savings/efficiency's, risks and opportunities
  • Preparation of detailed and varied budget analysis for Regional management reviews
  • Preparation of reporting packs for Group Finance and dealing with any adhoc Group questions/requirements
  • Capex reporting

Forecast/Updates:

  • Assist with informal forecast/quarterly updates including liaising with BU Finance, collection of data, preparation of analysis for management review
  • Understanding data and how it impacts overall region/outlooks and PIPs preparation
  • Preparation of reporting packs for Group/ Regional senior management

Monthly Reporting:

  • Partnering with various stakeholders around monthly reporting requirements and preparation of required templates/packs
  • Consolidate Flash reports for the business (WD3) documenting key variances against budget/forecast.
  • Assisting the consolidation of the monthly actual reporting (WD6) including ensuring BU Finance meet reporting deadlines, understanding and validating the data ensuring accuracy and integrity
  • Reviewing/challenging and understanding actuals/variances including identifying anomalies, risks and opportunities and tracking against outlooks/PIPs (Profit Improvement Plans)
  • Preparation of monthly reporting packs and financial analysis for Regional management and Group Finance team.
  • Analysis of aged accrued income and aged debt to ensure Group policy on provisioning is being adhered to and understanding how these will be collected
  • Maintain track of provision movements and restructuring
  • Capex Reporting

Control and Compliance

  • Preparation of key documents for the quarterly RRAC
  • Plan and monitor completion of annual balance review programme by the Regional team
  • Maintain action tracker and ensure close out of actions on a timely basis.
  • Coordinate and monitor audit and control failure findings, to ensure they are remediated

Technical

  • Resolve technical accounting queries from various stakeholders
  • Key role in implementation of new accounting standards including education of the wider business on the impact as necessary.

Required Competencies/Behaviours:

Chartered accountant with at least 1 year of industry experience from a large company (flex on sector)

  • Strong technical ability with experience of concluding on technical accounting matters
  • Excellent interpersonal skills with an ability to win the respect and trust of colleagues and customers
  • Good attention to detail as well as ability to see the 'big picture'
  • Ability to communicate well including strong written and presentation skills
  • Well organised with the ability to manage multiple conflicting priorities
  • Highly conscientious and self-motivated with a flexible approach to demands of the role
  • Strong ethical and professional values
  • Systems literacy: desire/ability to harness IT systems to provide/improve MI
  • Strong systems skills - working knowledge of SAP and BPC would be an advantage but not essential