Head of Finance, Technical Accounting & External Reporting FTC
Head of Finance, Technical Accounting & External Reporting FTC
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Package Description
Job Reference: 23880
Band: F
Contract type: 12 month FTC
Salary: Up to £92,000 plus £5319 London Weighting and bonus, depending on relevant skills, knowledge and experience. The expected salary range for this role reflects internal benchmarking and external market insights.
Location: Office Base is London Television Centre. This is a hybrid role and the successful candidate will balance office working with home working
About Bbc Studios
BBC Studios is a world-renowned content studio and channels & streaming business, powered by British creativity, with a reach that touches audiences in every corner of the globe.
We work with outstanding creative talent who are responsible for platform-defining shows from Strictly Come Dancing to Eastenders, Prehistoric Planet to Planet Earth III.
The range and quality of our content is unsurpassed, creating critical and commercial successes and global phenomena.
From BAFTAs to RTS Awards, BBC Studios is Britain’s most awarded production company and the only producer with three of the top ten shows on IMDB; we’re the home of bbc.com, the widest-read English language news website in the world; and the UK’s largest distributor of British content.
THE ROLE
This is an exciting opportunity to join the BBC Studios Group Finance team on a 12 month FTC basis to cover parental leave. This role oversees the external reporting for the business and manages a team of one Finance Manager and three Finance Analysts. Reporting to Group Financial Controller for BBCS Group, the role will encompass technical accounting, external reporting and other controllership activity.
This HoF will support the Group Finance Director and Group Financial Controller with responsibility for statutory and external reporting requirements for BBCS. You will play a pivotal part in shaping and supporting BBCS Finance teams to achieve strong technical accuracy and you will manage the group audit and year end process.
Key Responsibilities And Accountabilities
- Monitor existing and new accounting policies for the group to ensure they comply with all relevant accounting standards (IFRS).
- Communicate changes to accounting policies and practice to relevant stakeholders across the business and ensure that accounting policies are applied consistently throughout the group.
- Review complex contracts and ensure accounting treatment is compliant with group policy and IFRS and ensure your team is providing sufficient technical advice to the wider business on such areas
- Review technical summary papers for complex accounting transactions or business issues.
- Business partnering with other departments (Tax, Treasury, Legal, Corporate Finance) and operating business areas to consider and advise on new or complex accounting scenarios to support decision making. This includes regular updates with financial controllers throughout the group.
- Oversee the relationship with BBC Group Reporting team to ensure that periodic reporting is accurate, timely and complies with all relevant accounting standards and regulations.
- Oversee relationship with NAO with regards to audit queries on BBCS.
- Review the group's financial statements and provide technical accounting input where required.
- Oversee the financial statement preparation process for various BBCS commercial subsidiaries via your team
- Provide information, support, and liaise with external auditors and advisors.
- Lead a high-performing team that supports the key objectives outlined here, providing strong line-management support, mentorship and development opportunities where appropriate
- Additional ad hoc work, projects and analysis to support the team and wider business.
- Oversee the group-wide hedging and foreign exchange risk management programme, including associated reporting
- Provide tax reporting for the group and liaise directly with tax team throughout the year on corporate tax matters
- Oversee the review of balance sheet reconciliations status and drive continuous improvement on controls to meet future legal requirements
- Oversee and advise on statutory account filing and compliance globally
WHAT DOES IT TAKE?
Essential Criteria
- You’ll have extensive experience and a deep understanding of IFRS and technical accounting concepts and policies.
- You will understand the consolidation principles in an international group, including an awareness of the impact of foreign exchange on trading performance.
- You will be accomplished in communicating, managing and co-ordinating consolidation across a multidivisional organisation and will demonstrate enthusiasm and commitment to improve the effectiveness of financial reporting processes, using initiative, anticipating issues and develop sensible, practical solutions to deliver high quality output to tight deadlines.
- You have demonstrated an ability to make meaningful process improvements through actionable insights across your remit.
- You’re a confident team player with strong influencing, facilitation and communication skills. With a collaborative approach, acting for both local and global needs, you’re able to influence divisional teams to deliver quality output to tight deadlines in a challenging environment. You’ll operate with transparency, creating an environment of shared understanding.
- In addition to holding a professional qualification (ACCA / CIMA) and have significant post qualification experience, you will have excellent numerical and analytical skills, in addition to strong project management and organisational skills.
- You’re a skilled team-leader with proven experience in developing a high-performing team, and a track record of developing and mentoring direct reports.
NEXT STEPS
We appreciate your interest in this position and understand how important this opportunity is to you. Due to the high volume of interest we may need to close the application period earlier than anticipated. This step is necessary to ensure we can provide a high level of attention and service to all applicants. Thank you for your understanding.
Please note: If you were to be offered this role, the BBC will conduct Employment screening checks which include Reference checks; Eligibility to work checks; and if applicable to the role, Safeguarding and Adverse media/Social media checks. Any offer made is conditional on these checks being satisfactory.
Disclaimer
This job description is a written statement of the essential characteristics of the job, with its principal accountabilities, incorporating a note of the skills, knowledge and experience required for a satisfactory level of performance. This is not intended to be a complete, detailed account of all aspects of the duties involved.
Please note: If you were to be offered this role, the BBC will conduct Employment screening checks which include Reference checks; Eligibility to work checks; and if applicable to the role, Safeguarding and Adverse media/Social media checks. Any offer made is conditional on these checks being satisfactory.
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