Group Consolidation Manager

INEOS Energy; Greater London; On-site; GBP 70,000 - 95,000; Full time

Job summary

INEOS Energy is seeking a Group Consolidation Manager to lead the preparation of IFRS-compliant consolidated financial statements for multiple entities. You will oversee intercompany eliminations, disclosures, and supporting analysis within strict quarterly close timelines.

You will provide technical accounting input on IFRS matters, support external audit, and drive improvements across the Group reporting processes using HFM, SAP and reporting tools.

Qualifications

• Business degree in Finance, Accounting or equivalent.
• 5–7 years PQE in a similar role.
• Experience in a large, multi-entity international group.
• Strong IFRS financial reporting experience (primary statements & disclosures).
• Working knowledge of UK GAAP (FRS101) and evolving standards.
• Experience with consolidation processes, inter-company transactions and consolidation adjustments.
• Experience with financial consolidation systems (HFM/Hyperion preferred; OneSource).
• Working knowledge of SAP (GL, reporting & data extraction).
• Advanced Excel skills and variance analysis.

Responsibilities

• Prepare quarterly condensed consolidated financial statements under IFRS with primary statements and notes.
• Produce quarterly reporting packs with variance analysis and commentary for management and lenders.
• Prepare annual consolidated accounts and standalone statutory accounts for multiple entities.
• Maintain tight control over close timetable and data accuracy.
• Perform intercompany eliminations, data validation and reconciliations.
• Support external audits and provide audit-ready schedules and disclosures.
• Provide IFRS accounting guidance and documentation for non-routine transactions.
• Drive improvements to quarterly reporting cycle and standardise templates.

Skills

IFRS knowledge

Analytical skills

Communication

Deadline driven

Leadership/coaching

Education

Business degree in Finance/Accounting

Tools

HFM

Hyperion

OneSource Statutory Reporting

SAP

Excel

Job description

At INEOS Energy we produce and trade oil, gas, liquefied natural gas (LNG) and carbon credits. This is supported by our investments in low carbon technologies, which will help sustain our business through the energy transition. Direct examples of these areas are ‘Project Greensand’, our pioneering carbon storage project in the Danish North Sea and our investment in HydrogenOne Capital.

Reporting to the Business Controller, the role sits within the Group Finance team and is responsible for the timely delivery of high-quality quarterly condensed consolidated financial statements for INEOS Energy E&P Holdings II Limited, the annual consolidation statements for 3 legal entities within the INEOS Energy Group, and 15 standalone statutory financial accounts.

The role focuses on preparing IFRS-compliant consolidated financial statements, including primary statements, disclosures, and supporting analysis, within tight reporting timelines to support Group decision-making and external stakeholders, including debt lenders.

RESPONSIBILITIES & ACCOUNTABILITIES

• Prepare quarterly condensed consolidated financial statements for INEOS Energy E&P Holdings II Limited under IFRS, including primary statements and detailed notes to the accounts.
• Produce high-quality quarterly reporting packs, including variance analysis and clear commentary to support management and external stakeholders.
• Prepare 3 annual consolidated financial accounts and 20 standalone statutory financial accounts within the Energy Group.
• Deliver financial results to strict reporting timetables, ensuring timely availability of accurate information for debt lenders and Group stakeholders.
• Perform consolidation activities in HFM, including review of entity submissions, intercompany eliminations, and data validation.
• Maintain robust control over balance sheet positions through regular reconciliations and investigation of variances.
• Support external audit and review processes, ensuring all supporting schedules and disclosures are audit-ready on a quarterly basis.
• Provide technical accounting support on IFRS matters and non-routine transactions, ensuring appropriate treatment and clear documentation.

Process improvements and ad-hoc projects

• Drive continuous improvement in the quarterly reporting cycle, reducing close timelines and improving data accuracy to support timely reporting to lenders and Group stakeholders.
• Enhance and standardise financial reporting processes, including development of robust controls, reconciliations and review procedures.
• Optimise use of HFM, SAP and reporting tools to improve efficiency, automation and data integrity across the reporting process.
• Develop and maintain high-quality reporting templates, including financial statements, disclosures, and supporting schedules under IFRS.
• Strengthen intercompany and consolidation processes, ensuring consistency and reducing reconciliation differences across entities.
• Support the implementation of new accounting standards, reporting requirements or system changes impacting Group reporting.
• Partner with finance teams across entities to improve quality and timeliness of submissions into the Group consolidation process.

Line Management

• Supervise, support and coach two finance staff, ensuring they are motivated, trained and resourced to deliver high performance and effective service.

SKILLS, KNOWLEDGE & EXPERIENCE

• Business Degree in Finance, Accounting or equivalent
• At least 5-7 years PQE
• Experience in a large, multi-entity international group
• Strong experience in IFRS financial reporting, including preparation of primary statements and disclosures
• Working knowledge of UK GAAP (FRS101) and evolving accounting standards
• An in-depth understanding of the company's financial operations, including the consolidation of financial statements, inter-company transactions, consolidation adjustments, and accounting risk management
• Experience with financial consolidation systems (HFM / Hyperion strongly preferred, OneSource Statutory Reporting)
• Working knowledge of SAP (general ledger, reporting and data extraction)
• Advanced Microsoft Excel skills, including ability to analyze large datasets and perform variance analysis
• Strong analytical capability, with ability to interpret financial results and present clear, concise commentary
• Ability to deliver high-quality outputs to tight deadlines, particularly in a quarterly reporting environment
• Excellent written and verbal communication skills, including interaction with auditors, senior stakeholders
• High level of accuracy, attention to detail and ownership of outputs
• Experience supporting audits and preparing audit-ready documentation

BEHAVIOURAL SKILLS & PERSONAL ATTRIBUTES

• Sound judgement and professional scepticism when reviewing financial information.
• Adaptability and problem-solving: given the constant evolution of accounting standards and regulatory requirements, the Group Consolidation Manager effectively solves consolidation-related problems, whether of a technical or organizational nature.
• Strong ownership and accountability – takes responsibility for delivering accurate, high-quality outputs without needing close supervision.
• Ability to coach or mentor junior team members.
• Collaborative approach, with the ability to build effective relationships across multiple country finance teams, auditors and senior stakeholders.