Head of Financial Reporting and Controls

Bellway Homes Ltd; Newcastle upon Tyne; On-site; GBP 60,000 - 85,000; Full time

Job summary

A leading construction company located in Newcastle upon Tyne is seeking a Head of Financial Reporting and Controls. The role involves leading a finance team, ensuring the accuracy of financial reporting, and managing audits. Candidates should be ACA or ACCA qualified with at least 5 years of experience. Skills in IFRS are essential, and a commitment to quality and inclusion is valued. The position offers competitive salary and benefits, fostering a supportive work environment.

Benefits

Competitive annual bonus

Contributory pension scheme

25 days holiday plus bank holidays

Access to discounts and benefits portal

Cycle to Work Scheme

Life assurance

Earn and Learn Opportunities

Qualifications

• GCSE Maths and English with at least Grade 4/C or equivalent.
• ACCA or ACA qualified with 5+ years of post-qualification experience.
• Experience in a fast-paced environment with strict reporting deadlines.

Responsibilities

• Lead the Group finance team ensuring all external financial reporting.
• Review and prepare group consolidated financial accounts.
• Communicate with external auditors and manage the audit process.

Skills

Excellent administration and organisation skills

Strong management and time management skills

Strong communication skills

Proficient IT skills

Strong technical knowledge of IFRS

Education

ACCA or ACA qualified

GCSE Maths and English – Grade 4/C or above

Tools

Microsoft Office (Word, Excel, Outlook)

Job description

At Bellway we're building more than homes - we're building a culture. We recognise that people are the key to our success and our goal is to provide a rewarding and fulfilling career in line with our values of quality, service and trust. In addition to this we are committed to being a more inclusive employer and invite applications from a variety of backgrounds.

The Role

The Head of Financial Reporting and Controls will lead the Group finance team which consists of 5 people including 3 qualified accountants. This position is responsible for:

• all external financial reporting across the Group, ensuring the accuracy, integrity, and timeliness of both consolidated and individual financial statements and disclosures in compliance with IFRS/FRS101 and other regulatory requirements, and
• the control environment across the Group, ensuring the design and operating effectiveness of the controls is robust and continuously improving.

The role of the Head of Financial Reporting and Controls reports to the Group Financial Controller.

Principal Accountabilities

• Responsible for the preparation of the group consolidated accounts including review of all sections of the annual report
• Review of half year and year end group consolidated financial information including consolidation adjustments
• Review of any technical accounting area which includes land creditors, IFRS16 leases, IFRS2 share based payments and the legacy building safety improvements provision
• Preparation of the Group’s going concern and viability assessment
• Preparation of any required Audit Committee papers on technical or judgemental areas of accounting
• Consolidation, review and analysis of divisional information
• Reviewing and ensuring accuracy of half year, year end and trading update statements prior to release
• Reviewing detailed analysis ahead of the half year, year end and trading update announcements
• Review of subsidiary statutory accounts
• Communicating with external auditors and managing the year end audit process
• Liaising with other external advisors
• Review of any material new contracts to determine the correct accounting treatment
• Monitoring changes in IFRS and assessing their impact on the Group
• Supporting the investor relations team with any financial investor queries and preparation of the Analyst Presentation for the half year and year end results.
• Reviewing and enhancing the Group’s systems and controls including rolling out new processes
• Review and management of the budget and forecast for some group consolidation entities
• Review of monthly management accounts, supporting schedules and commentary for some group consolidation entities
• Producing other ad-hoc financial reports for management and the Board
• Responsibility for any other ad-hoc external reporting, e.g. National Statistics
• Other group-wide finance projects

The above list of accountabilities are not exclusive or exhaustive. The post holder will be required to undertake any such duties as may be reasonably expected.

Experience

• Experience of working within a similar role will be preferred
• Experience of working in a fast-paced environment with strict reporting deadlines
• Experience of working with construction or housebuilding is desirable
• Big 4 trained accountant is desirable
• Experience of working with listed companies is desirable

Qualifications and training

• GCSE Maths and English – Grade 4/C or above (or equivalent)
• A-Level Maths is desirable
• ACCA or ACA qualified, with at least 5 years of experience post qualification

Skills and aptitude

• Excellent administration and organisation skills
• Analysis, numerical and report writing skills
• Strong management and time management skills
• Strong communication, listening and problem solving skills
• Ability to prioritise workload and meet deadlines
• Demonstrates a high level of discretion and confidentiality
• Excellent attention to detail
• Ability to work on own as well as part of a team
• Proficient IT skills along with a good working knowledge of Microsoft Office (Word, Excel and Outlook) and the ability to adapt to new systems
• Committed to diversity and inclusion
• Strong technical knowledge of IFRS

Working Conditions

Willing to be flexible in respect to day to day duties and hours worked
Office based role
Please note this role is subject to a basic DBS and financial pre-employment checks

In return we can offer you:

• Competitive salary
• Competitive annual bonus
• Contributory pension scheme
• 25 days holiday, plus bank holidays
• Access to discounts and benefits portal
• ShareSave Scheme
• Cycle to Work Scheme
• Life assurance
• Holiday Purchase Scheme
• Earn and Learn Opportunities

We reserve the right to close this vacancy if a large volume of applications are received.