IFRS Finance Manager

Allwyn UK; Watford; On-site; GBP 50,000 - 90,000; Full time

Job summary

An established industry player is seeking a skilled IFRS Finance Manager to join their Financial Accounting team. This pivotal role involves ensuring compliance with IFRS standards, developing robust accounting policies, and maintaining strong relationships with internal and external stakeholders. You will lead the preparation of annual financial statements and play a key role in risk management and policy updates. This opportunity offers a chance to contribute to a transformative journey, enhancing the National Lottery's impact on good causes while fostering an inclusive workplace where every individual can thrive.

Qualifications

• Minimum 5 years PQE, preferably in a similar role.
• Strong academic background; university and A levels.

Responsibilities

• Develop best-in-class accounting policies for Allwyn.
• Lead the preparation of annual Financial Statements under IFRS.
• Ensure timely communication of policy changes and risks.

Skills

ACA qualification

ACCA qualification

CIMA qualification

ACT qualification

Stakeholder management

Relationship-building

Communication skills

SAP experience

Education

University degree

A levels

Tools

SAP

Job description

Description

Join our journey to create a new experience for the National Lottery and help us to power change for the greater good.

About Us

We are Allwyn UK, part of the Allwyn Entertainment Group – a multi-national lottery operator with a market-leading presence in Austria, the Czech Republic, Greece, Cyprus, and Italy. In the UK, we are the operator of the National Lottery with a 10-year license starting from February 2024.

We’ve developed ground-breaking technologies, built player protection frameworks, and have a proven track record of making lotteries better. Our aim is to create one of the UK’s most inclusive organisations – where people can bring the best of themselves to do their best work, every day, for the benefit of good causes.

While the main contribution of the National Lottery to society is through the funds to good causes, at Allwyn we prioritize our purpose and values in everything we do. Join us as we embark on a once-in-a-lifetime, large-scale transformation journey to build a bigger, better, and safer National Lottery that delivers more money to good causes.

Role Purpose

This role is within the Financial Accounting team in Finance, reporting to the Reporting Financial Controller, who manages 6 accountants and 1 graduate trainee. The team ensures the integrity of our Group and Statutory accounts through robust accounting and controls.

• The Financial Accounting team is responsible for:
• Quarterly reporting to Group
• Delivery of enhanced reporting requirements on a quarterly and year-end basis to Group
• Preparation of statutory accounts for Allwyn, our financing, and holding companies
• Managing relationships with external auditors
• Collaborating with Group Finance
• Ensuring financial statements are aligned with IFRS at all times
• Maintaining robust balance sheet governance and managing risks and opportunities

The IFRS Finance Manager will primarily ensure our group and statutory accounts are IFRS compliant. This involves creating an IFRS policies library that reflects Allwyn's operations and aligns with Group policies. A strong knowledge of accounting standards is essential.

This role requires coordination, effective communication, and relationship-building with commercial and procurement teams to understand business operations. This understanding will help ensure Allwyn applies the most appropriate policies and estimates.

Additionally, this role supports the Financial Reporting Manager and Accountant by maintaining effective balance sheet monitoring, risks, opportunities, and controls processes.

Role Responsibilities

• Develop best-in-class, robust accounting policies for Allwyn.
• Collaborate with internal stakeholders across Finance to inform understanding and ensure appropriate accounting standards are applied.
• Communicate any needed changes to accounting estimates, including financial impacts, to senior management.
• Implement a comprehensive balance sheet reporting and monitoring process, including risk and opportunity reporting and policy updates.
• Create a centralized, accessible accounting policies library for finance colleagues.
• Act as the technical expert for all IFRS accounting queries.
• Provide regular updates to senior leaders on policies, changes, and their financial impacts.
• Support the commercial team by tracking and reporting the impacts of policy or estimate changes.
• Oversee the production of accounting memos, provide technical guidance, and liaise with auditors.
• Offer analysis and operational reporting recommendations to Allwyn.
• Ensure a strong control environment and drive continuous process improvements.
• Lead the preparation of annual Financial Statements under IFRS.

Key Measures Of Success

• Operate with integrity and independence.
• Establish a comprehensive Central Accounting Policies library.
• Ensure timely and clear communication of policy or estimate changes, with effective risk management.
• Develop an effective balance sheet policy including monitoring, risks, and sampling.
• Build trust and strong working relationships across teams.
• Become the go-to IFRS technical expert.

Key Skills And Experience

• ACA, ACCA, CIMA, or ACT qualification.
• Strong academic background; university and A levels.
• Minimum 5 years PQE, preferably in a similar role.
• Excellent stakeholder management and relationship-building skills.
• Effective communicator, confident in providing constructive challenge.
• Experience with SAP is desirable.
• Exceptional verbal and written communication skills.
• High integrity, independence, and ability to partner with the business.
• Self-motivated and proactive.

Our goal is to create one of the UK’s most inclusive organizations—where people can bring their best selves to work every day for good causes.

Allwyn is an Equal Opportunity Employer committed to diversity and inclusion. We do not tolerate discrimination, harassment, or victimization. Employment decisions are based on business needs, job requirements, and individual qualifications. We welcome applications from all backgrounds, including age, disability, sex, gender reassignment, sexual orientation, pregnancy, race, religion, or belief, and civil partnerships.