At a Glance
- Tasks: Lead financial reporting for our extensive lease portfolio and support cross-functional decision-making.
- Company: Join EG Group, a dynamic company focused on innovative financial solutions.
- Benefits: Enjoy performance bonuses, discounts at stores, and 24/7 health support.
- Why this job: Be part of a collaborative team making impactful financial decisions in a fast-paced environment.
- Qualifications: Must be ACA qualified with strong IFRS16 knowledge and excellent communication skills.
- Other info: Experience with SAP and Qube is a plus; thrive in a rapidly changing business landscape.
The predicted salary is between 43200 - 72000 £ per year.
Our Group team are excited to present a new opportunity in EG Group for a Senior Finance Manager (Leases) to join our Head Office. The successful candidate will be key to developing consistent and accurate financial reporting with regards to the Group’s extensive lease portfolio and in providing cross functional support across the Group with commercial decision making.
Reporting into the Group Financial Reporting Director, the Senior Finance Manager (Leases) will operate as part of the Group Reporting function and will also provide ongoing support to Country Finance and the Group Property & Real Estate function.
This role will have an emphasis on application of extensive IFRS16 knowledge into readily available comprehensive financial analysis. For the role, the Group is looking for the right candidate to utilise relevant career experiences in improving the existing control environment whilst conducting data maintenance around our IFRS16 database (Qube) as part of a broader ICFR programme., * Responsible for the update and maintenance of the Group’s extensive lease portfolio and accurate accounting adherence under IFRS16
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Control and ownership over data managed and exported from the Group’s lease management software MRI Horizon/Qube
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Lead on the delivery of monthly reconciliations and supporting workings for country finance teams inclusive of;
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Preparation of SAP journals
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Ensuring RoU asset and Liability consistency across reported numbers at local and consolidated level
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Provide ongoing ownership of the process and control environment from record to report across right of use assets and liabilities under IFRS16
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Key point of contact for the following stakeholders:
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Group Finance
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Estates Team (Group and Country)
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Country Finance teams
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External Auditors
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External Advisors
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Software Providers (MRI Horizon/Qube)
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Support in determining the Group’s IBR and responsibility for ensuring its appropriate application
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Leading a standardised approach for IAS 17 methodology to support the monthly external reporting across the Group’s KPI’s
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Routine system data integrity testing and validation inclusive of;
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Retrospective reviews
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Source data verification
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Leadership & Management
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Financial Accounting
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Compliance & Audit Management
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Technical Accounting
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Stakeholder Relationships
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Process mapping & improvements
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Risk Management
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Finance Systems Expertise, * ACA qualified (or equivalent)
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Comprehensive understanding of IFRS16 accounting treatment
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Experience of business partnering, financial reporting and commercial analysis desirable
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Ability to adapt to a dynamic, rapidly changing business environment, to multitask, to get into detail where needed and to meet deadlines on a timely basis
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Strong relationship and communication skills
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Strong MS Office skills including Excel, Word and PowerPoint and experience of SAP and Qube desirable
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Performance Based Bonus Scheme
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Employee Life Assurance
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EG Group Discounts – up to 15% off at our stores and food to go restaurants
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ASDA Discount Card – 10% off all ASDA stores
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EG Cares Benefits – exclusive discounts across 900 retailers
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Smart Health – 24/7 online GP access, health checks and health and wellbeing support
Senior Finance Manager - Leases employer: Eg Group
Contact Detail:
Eg Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Finance Manager - Leases
✨Tip Number 1
Make sure to brush up on your IFRS16 knowledge. This role emphasizes the application of IFRS16, so being able to discuss its implications and how it affects financial reporting will set you apart.
✨Tip Number 2
Familiarize yourself with the lease management software mentioned in the job description, specifically MRI Horizon/Qube. Having hands-on experience or knowledge about these systems can give you an edge during discussions.
✨Tip Number 3
Highlight any previous experience you have in business partnering and financial reporting. Being able to demonstrate your ability to work cross-functionally will resonate well with the team.
✨Tip Number 4
Prepare to discuss your approach to risk management and process improvements. The role requires a strong focus on enhancing the control environment, so showcasing your proactive mindset will be beneficial.
We think you need these skills to ace Senior Finance Manager - Leases
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Senior Finance Manager (Leases) position. Understand the key responsibilities, required qualifications, and the importance of IFRS16 knowledge in this role.
Tailor Your CV: Customize your CV to highlight relevant experiences that align with the job requirements. Emphasize your expertise in financial reporting, IFRS16 accounting treatment, and any experience with lease management software like MRI Horizon/Qube.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the Group's needs and how your background makes you a perfect fit. Mention specific examples of your past work that demonstrate your ability to improve control environments and manage financial data.
Highlight Soft Skills: In your application, don't forget to mention your strong relationship and communication skills. These are crucial for the role as you'll be interacting with various stakeholders including country finance teams and external auditors.
How to prepare for a job interview at Eg Group
✨Showcase Your IFRS16 Expertise
Make sure to highlight your comprehensive understanding of IFRS16 during the interview. Be prepared to discuss how you've applied this knowledge in previous roles, especially in relation to lease accounting and financial reporting.
✨Demonstrate Stakeholder Management Skills
Since this role involves interaction with various stakeholders, share examples of how you've successfully managed relationships with finance teams, external auditors, and software providers in the past. This will show your ability to collaborate effectively across functions.
✨Prepare for Technical Questions
Expect technical questions related to financial accounting and compliance. Brush up on key concepts and be ready to explain your approach to maintaining data integrity and conducting reconciliations, particularly in the context of IFRS16.
✨Emphasize Adaptability and Multitasking
The job description mentions a dynamic environment, so be ready to discuss how you've adapted to change in previous roles. Provide examples of how you manage multiple tasks and meet deadlines without compromising on quality.