Head of Group Financial Reporting

Marc Daniels; Greater London; On-site; GBP 80,000 - 120,000; Full time

Job summary

An international market leader is seeking an interim Head of Group Financial Reporting to lead the group's financial reporting and ensure compliance with internal policies and regulations. This pivotal role involves managing accurate consolidation processes, providing strategic guidance to senior leadership, and fostering a motivated team environment. The ideal candidate will possess strong stakeholder management skills and a deep understanding of financial standards, particularly IFRS. Join a dynamic team and make a significant impact in optimizing financial performance and mitigating risks.

Qualifications

• Professional accounting qualification required.
• Strong technical accounting and group reporting skills essential.

Responsibilities

• Accountable for accurate group consolidation and elimination processes.
• Oversee processes, ensuring a strong controls environment.

Skills

Stakeholder Management

Collaboration Skills

Technical Accounting

Group Reporting

Financial Standards (IFRS)

Education

Professional Accounting Qualification (CIMA, ACA, or ACCA)

Job description

Job Title: Interim Head of Group Financial Reporting

An international market leader requires an interim Head of Group Financial Reporting to lead accurate and timely consolidated group reporting, including off-ledger entities, and to implement financial controls to ensure compliance with internal policies and regulatory requirements. The successful candidate will possess excellent stakeholder management and collaboration skills to optimize financial performance and mitigate risks.

Key Responsibilities:

1. Accountable for accurate and efficient group consolidation (including off-ledger entities) and elimination processes in line with group accounting policies and standards across all entities on a monthly basis.
2. Responsible for posting and recording correct accounting transactions for sales, purchases, trade, and asset acquisitions at the time of acquisition and for subsequent fair value adjustments.
3. Lead the strategic alignment of accounting for newly acquired entities with group policies, providing support during acquisition and ongoing review of monthly submissions.
4. Oversee processes across all scope areas, highlighting risk items or concerns, and ensuring a strong controls environment is embedded within the team.
5. Support group structure activities such as reorganizations, hive-ups, and strike-offs to ensure transactions are appropriately captured at both entity and consolidated levels.
6. Create and manage standard operating procedures, driving automation, efficiency, and a robust controls framework.
7. Serve as a key contact for external auditors, collaborating to minimize time and costs, and assist in developing strategic financial information, particularly for the Head of FP&A.
8. Act as a trusted advisor to senior leadership, especially the Group Financial Controller, providing expertise and guidance for decision-making.
9. Provide coaching and development opportunities to team members to foster motivation, loyalty, and engagement, encouraging initiative and problem-solving.

Essential Requirements:

• Professional accounting qualification (CIMA, ACA, or ACCA)
• Strong technical accounting and group reporting skills
• Experience managing and developing a team
• Deep understanding of financial standards, particularly IFRS and consolidated financial statements
• Comprehensive knowledge of process and control frameworks

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