Finance Manager - Financial Reporting

Sainsbury's; London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading company in retail seeks a Finance Manager to join their Group Reporting team. The successful candidate will oversee financial accounting for a portfolio of Group companies, ensure compliance with IFRS standards, and prepare statutory accounts. This role will involve liaising with auditors and providing strategic insights to improve financial processes. Ideal candidates will be qualified accountants with exceptional communication skills and expertise in financial systems.

Qualifications

• Qualified accountant with good knowledge of IFRS standards.
• Self-starter able to work independently.
• Excellent communication and influencing skills.

Responsibilities

• Maintain accounting records for a portfolio of Group companies.
• Liaise with external auditors to ensure timely preparation of statutory accounts.
• Perform complex financial modeling and manage budgeting and forecasting.

Skills

Communication

Influencing

Attention to detail

Self-starter

Customer service ethic

Education

Qualified accountant

Knowledge of IFRS standards

Tools

Excel

Oracle

OneStream

Job description

This role can be based out of our Holborn, Coventry or Manchester Store Support Centre & Home. Colleagues go into the office 1-2 days per week on average.

Our Finance function isn’t just about championing internal audits and controlling risks. It’s about transforming our Finance systems and processes to make sure we’re set up for success in the ever changing world of retail. It’s generating crucial insights for our business, keeping costs under control and maximising our cashflow. Here you’ll see strategic decision making at its finest. We’re changing the face of retail. And you can be a driving force.

The Financial Reporting team is responsible for all externally reported numbers, including the Annual Report and Interim Statement. The team writes and owns the Group accounting policies, ensuring compliance with all external reporting requirements, as well as being the key contact for the technical accounting on Group strategic projects.

As a Finance Manager within Group Reporting, you’ll be a key member of the Group Finance team, owning the financial accounting for a portfolio of Group companies, as well as a number of technical areas. In addition this individual will work closely with the Head of Financial Reporting and Head of Consolidation in producing the consolidated Group results on a periodic, half year and full year basis.

More about the role

• Maintenance of accounting records for a portfolio of Group companies, including ownership and reconciliation of associated balance sheet accounts, and preparation of statutory accounts
• Liaise with external auditors and the internal Group Reporting team to ensure statutory accounts are prepared and audited within the set timelines
• Be a subject matter expert for a specific accounting area (e.g. pensions, joint ventures, FX, intercompany, reward), owning all accounting entries for subject area and correct presentation within Group consolidated accounts
• Perform complex financial modelling and articulate technical accounting issues to colleagues across the business, including non-finance personnel
• Manage the budgeting and forecasting process for allocated subsidiary entities and accounting areas and provide meaningful analysis and commentary
• Assist with the production of the Group’s periodic management accounts, ensuring all consolidation journals are posted and reconciled
• Perform a high standard of ad hoc analysis to support the CFO and Director of Group Finance which identifies key issues and opportunities for improvement
• Input into the Annual Report and Half year process including ownership in the preparation of financial statement notes
• Demonstrate the use of judgment in calculating, presenting and arguing the application of accounting standards to the Group; ensuring that balanced arguments are presented in formal papers to external auditors

More about you

• Qualified accountant with good knowledge of IFRS standards
• Self-starter who can work independently with minimal support
• Good systems skills (Excel, Oracle, OneStream)
• Excellent communication and influencing skills
• Able to demonstrate a strong customer service ethic
• A critical eye for detail.
• The ability to work under pressure – providing accurate high quality work under tight deadlines

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