Head of Financial Reporting

www.topfinancialjobs.co.uk - Jobboard; London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading public sector organization is seeking a Head of Financial Reporting in London. This role will ensure compliance with financial regulations while overseeing the annual report production and managing audits. The successful candidate will have a proven track record, excellent communication skills, and relevant qualifications such as CCAB or CIMA. You'll also lead a team and advise senior management on financial performance and risk management.

Qualifications

• Proven experience in managing Annual Report production and handling audits.
• Strong understanding of financial reporting and government standards.
• Experience in identifying efficiencies in financial processes.

Responsibilities

• Ensure compliance with IFRS and government guidelines.
• Oversee production of financial statements and reports.
• Motivate and develop team towards growth and excellence.

Skills

Financial reporting issues

External audits

Interpersonal skills

Analytical mindset

Communication abilities

Process efficiencies

Education

CCAB or CIMA accountancy qualification

Tools

Oracle accounting software

Job description

Description: Head of Financial Reporting - Public Sector

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 overseeing the production of the annual report and accounts, managing financial statements, and ensuring appropriate management review and escalation where necessary.
You will work closely with external auditors during the audit period to facilitate a seamless review process and ensure timely completion of financial reports. Additionally, you will analyse current financial processes to identify opportunities for improvement, implementing strategies to enhance efficiency and control.
Acting as a subject matter expert, you will provide technical accounting advice aligned with IFRS, FReM, and relevant government regulations. You will represent the finance function both internally and externally, contributing to key discussions on financial matters.You will also be responsible for motivating and developing your team, fostering a culture of growth, continuous learning, and excellence. In addition, you will advise senior leadership on corporate financial performance, risk management, and reporting requirements, while deputising 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 standardising 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.

If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.
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