Head of Financial Reporting

TN United Kingdom; London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading company in the UK is seeking a Head of Financial Reporting to ensure compliance with IFRS and manage financial statements. The role involves overseeing the annual report, working with auditors, and advising senior leadership on financial performance. Ideal candidates will have strong interpersonal skills, analytical abilities, and a CCAB or CIMA qualification.

Qualifications

• Proven experience in managing the production of an Annual Report and Accounts.
• Strong understanding of complex financial reporting issues.

Responsibilities

• Overseeing the production of the annual report and accounts.
• Managing financial statements and ensuring appropriate management review.

Skills

Interpersonal Skills

Analytical Mindset

Communication

Education

CCAB or CIMA Accountancy Qualification

Tools

Oracle

Job description

Head of Financial Reporting

As the Head of Financial Reporting, you will play a key role in ensuring compliance with International Financial Reporting Standards (IFRS), the Financial Reporting Manual (FReM), and other government guidelines. Your responsibilities will include:

1. Overseeing the production of the annual report and accounts
2. Managing financial statements and ensuring appropriate management review and escalation where necessary
3. Working closely with external auditors during the audit period to facilitate a seamless review process and ensure timely completion of financial reports
4. Analyzing current financial processes to identify opportunities for improvement and implementing strategies to enhance efficiency and control
5. Providing technical accounting advice aligned with IFRS, FReM, and relevant government regulations
6. Representing the finance function both internally and externally, contributing to key discussions on financial matters
7. Motivating and developing your team, fostering a culture of growth, continuous learning, and excellence
8. Advising senior leadership on corporate financial performance, risk management, and reporting requirements
9. Deputizing for the Financial Controller when needed

Essential Skills & Experience

• Proven experience in managing the production of an Annual Report and Accounts, along with handling external audits
• Strong understanding of complex financial reporting issues, accounting principles, and cash management standards relevant to government departments
• Excellent interpersonal skills with the ability to build and maintain effective relationships with key stakeholders
• Clear and confident communication abilities, with strong influencing skills
• Analytical mindset with the ability to interpret financial information and tailor reporting to different audiences
• Experience in identifying efficiencies and standardizing financial processes
• Full CCAB or CIMA accountancy qualification

Desirable Skills & Experience

• Prior experience working with accounting software, particularly Oracle
• Practical knowledge of IFRS 16 Leases, including making sound accounting judgments that withstand audit scrutiny
• Familiarity with the Financial Reporting Manual, Managing Public Money, and Consolidated Budgeting Guidance

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