Corporate Reporting Accountant - 14 Month FTC

Newscareers; Peterborough; Remote; GBP 60,000 - 75,000; Full time

Benefits offered by this job

Private medical insurance

Pension scheme

25 days holiday + bank holidays

Flexible benefits

Job summary

News UK is seeking an experienced Corporate Reporting professional to deliver quarterly US GAAP and monthly group submissions, manage complex consolidation tasks, and oversee technical accounting for ASC606/ASC842. You will lead intercompany reconciliations, support audits, and drive process improvements with automation and technology.

The role requires CIMA/ACA/ACCA qualification, strong Excel skills, and the ability to work independently while supervising offshore team members.

Qualifications

• Must be qualified in CIMA/ACA/ACCA.
• Experience in financial statements and consolidations.
• Proficient in accounting systems and Microsoft Excel.
• Strong analytical skills and attention to detail.
• Ability to work independently and manage offshore teams.

Responsibilities

• Prepare quarterly US GAAP and monthly reporting submissions for News UK and subsidiaries.
• Support consolidation for the News UK group and maintain stakeholder relationships to meet deadlines.
• Respond to ad hoc reporting queries and audit requests.
• Oversee technical accounting adjustments under US GAAP (ASC606/ASC842).
• Ensure intercompany balances align with global balances and reporting.
• Support audit processes and respond to audit questions in a timely manner.
• Assist in process improvements and leveraging automation/AI in reporting.

Skills

Financial reporting

Consolidations

MS Excel

Analytical skills

Independence

Offshore supervision

Education

CIMA/ACA/ACCA qualification

Job description

Job Description

Your team:

The Corporate Reporting team handles crucial financial submissions for News UK and its subsidiaries. We manage the complex consolidation process, oversee technical accounting for USGAAP, and ensure compliance across our group structure. We are a collaborative group dedicated to accuracy, providing specialist technical advice, and driving continuous process improvements through innovation and technology.

Key Responsibilities:

Quarterly Reporting (USGAAP) and Monthly reporting direct to News Corp:

• You will be part of the team who report financial submissions for News UK and its subsidiaries using Onestream. Specifically, this will involve preparing balance sheet analytical review and other analysis for submission to US Corporate and processing complex consolidation adjustments as part of the UK sub consolidation team.
• You will assist with the consolidation process for the News UK group and will create positive stakeholder relationships to ensure deadlines are met.
• You will respond to ad hoc reporting queries and tasks as they arise
• You will oversee the technical accounting for USGAAP specific adjustments such as ASC606 and ASC842 utilising US owned systems to ensure compliance
• Ensure all intercompany balances submitted agree to global balances and inter company transactions are correctly identified and reported
• Ownership and management of all audit requests related to US Group reporting deadlines and processes.
• Implementing mapping for quarterly reporting that minimises manual adjustments required when reconciling to group reporting team and TM1

Financial Statements:

• You will assist in the preparation of technical and high profile Financial Statements for News UK and its Subsidiaries to agreed timetables.
• Your role will include helping management to fulfil audit queries and building relationships with our audit team.
• Completion of more complex audit questions and supporting the overall stakeholder management of the process to keep audit on track
• Preparation of data for TCFD, SECR and S172 reporting working with the relevant stakeholders to implement these into the financial statements
• Review of dormant accounts prepared by the offshore team

Technical Accounting:

• Your attention to detail will help us research and prepare technical accounting papers under UK/US GAAP.
• You will provide updates and advice to the wider Finance Team in conjunction with your manager.
• You will assist in implementing new accounting standards such as upcoming changes to FRS102 (specifically leases)
• You will complete complex reconciliations to assist with our local tax teams reporting requirements such as the return to provision analysis and reconciliations
• Involvement in legal entity rationisation project to simplify the group structure and remove compliance tasks

Other:

• Support offshore team with the News UK and Wireless bad debt schedules for submission to relevant management.
• Prepare the monthly FX summary report for submission to Shared Costs.
• Support Finance manager with ad hoc tasks for the wider finance function.
• Provide specialist technical advice to the business.
• Complete ad hoc reporting requirements for other related departments such as Tax and Treasury teams.
• Support manager in team development and process improvement.
• Accounting for investments and divestitures.
• Complete month end tasks - Balance sheet netting, Revaluation etc.
• Working closely with the wider team to meet key submission deadlines.
• Proactively look to improve performance, utilising automation and AI technology .
• Working closely with the offshore team to ensure team objectives are met. Provisioning training and guidance to the offshore team as required.

What we're looking for from you:

• CIMA/ACA/ACCA qualified
• Financial statements and consolidations
• Highly proficient in accounting systems and Microsoft Excel
• Strong analytical skills
• Ability to work independently and use initiative to complete assigned tasks in the most efficient way possible.
• Supervise and assist the offshore team

News UK

is one of the leading media businesses in the UK and Ireland. Our newsbrands include The Times, The Sunday Times, The Sun, The Sun on Sunday and The TLS. Our national broadcast brands include talkSPORT, Times Radio and Virgin Radio UK, and we have market-leading local stations across Ireland. Our world-famous brands provide news, analysis, opinion and entertainment to almost 40 million people each month. Spanning print and pixel, audio and video, events and experiences, our multi-format brands are home to a plurality of opinion, representing the diverse communities we serve. Driven by passion, guided by principles and acting with purpose, we exist to promote a fair society, freedom of speech and a little bit of fun. Rethinking continually the business of storytelling, we represent, reflect and reach the nation, telling the stories that matter.

Life at News

Driven by passion, guided by principles and acting with purpose. We represent, reflect and reach the nation, telling the stories that matter. We inform our audiences so that they can make decisions based on trusted information.

We represent, reflect and reach the nation, telling the stories that matter most. To ensure these stories resonate with as broad an audience as possible, it is essential that our organisation reflects the diversity of the people we reach. Whether through age, gender, ethnicity, disability, social class or sexuality, we are committed to representing the rich variety of voices that make up our society. And we champion a culture where everyone has the opportunity to contribute and thrive as we continue to innovate and drive long term sustainable growth. This is done through our Diversity Strategy.

At News UK, we take pride in our exceptional employee-led networks that bring together individuals with shared interests and create a vibrant sense of community. We believe our networks play a vital role in fostering a collaborative and supportive work culture at News UK. Groups that we support include the African & Caribbean Network, Parents and Carers, and LGBTQ+ group News Is Out, and the Apprentice Society.

Benefits

Some of our benefits include:

• Private medical insurance including coverage for pre-existing conditions
• Discounted gym memberships, free ClassPass at Home, weekly in person/ virtual exercise classes
• ‘Bikes for Work’ and ‘Electric Car’ scheme
• Up to 60% discount on Harper Collins books
• Maternity leave up to 18 weeks full basic salary & paternity leave up to 2 weeks
• Access to exclusive events and competitions with exciting brands such as talkSPORT, Virgin Radio UK & The Times. Weekly virtual panel chats with top journalists and celebrities
• Access to wellbeing benefits such as EAP, physio/massage and counselling
• A generous pension scheme with employer contributions of up to 5%
• Wide range of training available, plus full LinkedIn Learning access
• 25 days holiday, plus bank holidays and up to 4 volunteering days per year

We want to ensure that everyone has the opportunity to perform to their best when applying for a role. If you would like to receive any information in a different way or for us to do anything differently to support you to apply for any of our roles please contact us on [e-mail].