At a Glance
- Tasks: Lead the Group Accounting team and oversee financial reporting processes.
- Company: AVEVA is a global leader in industrial software, trusted by top companies worldwide.
- Benefits: Enjoy competitive pay, flexible working, generous leave, and wellness perks.
- Why this job: Join a high-impact role that drives transformation and supports sustainability initiatives.
- Qualifications: Qualified accountant with experience in global financial reporting and stakeholder engagement.
- Other info: Hybrid working model with opportunities for professional growth and development.
The predicted salary is between 43200 - 72000 ยฃ per year.
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AVEVA is creating software trusted by over 90% of leading industrial companies.
Position: Head of Financial Reporting
Location: Preferred Cambridge | Alternative London
Employment type: Full-time regular
Benefits: Competitive package with an attractive bonus plan, regionally specific benefits ranging from above the norm paid vacation, contributions to retirement investment plans or pensions, insurances and a many other memberships and perks designed to enhance the workplace experience, your health, and wellbeing.
The job
We are looking for a Head of Financial Reporting to lead AVEVAโs Group Accounting function. This VP-level role is part of the Finance Leadership Team and reports to the Head of Financial Operations. You will oversee a team of 16 and be responsible for consolidated financial reporting, technical accounting, audit coordination, and transformation initiatives including dual GAAP reporting and SoX aligned controls.
This is a high-impact leadership role requiring strong technical expertise, strategic thinking, and stakeholder engagement.
AVEVA currently reports in IFRS but is implementing dual GAAP reporting to enable US GAAP and IFRS reporting. Improvements to the control environment are also being made with controls being aligned with SoX.
Principal Accountabilities
- Lead the Group Accounting team, including three direct reports.
- Oversee revenue recognition policies and provide technical guidance on commercial models.
- Maintain the Group Accounting Manual and deliver technical training across the business.
- Manage monthly consolidation and internal reporting processes.
- Ensure timely and accurate submission of monthly group reporting to Schneider Electric.
- Own the preparation of Group consolidated financial statements.
- Lead the implementation of US GAAP reporting and SoX-aligned controls.
- Drive transformation of the consolidation reporting system to support dual GAAP.
- Manage the accounting impact of ERP transitions and other system changes.
- Coordinate the external audit process, including year-end and interim reviews.
- Present to the Finance and Compliance Committee and manage audit fees.
- Support M&A activities with technical accounting expertise.
Required Experience and Skills.
- Qualified accountant
- Software experience
- Experienced in a large global organisation as consolidation / reporting lead including responsibility for financial statements
- Experience managing global audits
- Significant experience of IFRS accounting including complex revenue recognition,
- Experience of M&A
- Experience communicating with senior stakeholders (eg Audit Committees)
Preferred.
- US GAAP and SoX experience
- Experience of listed reporting requirements
- Experience of transformations โ system / process / controls
Behaviours
- Organised and deadline driven.
- Collaborative and communicative.
- High attention to detail.
- Confident, proactive, and relationship oriented.
Key Relationships
- Regional Finance Heads
- Finance leadership team (FP&A, Tax, Treasury)
- External Audit team
- Schneider Electric Chief Accounting Officer and Consolidation Director
- Global process owners
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UK Benefits include:
Flexible benefits fund, emergency leave days, adoption leave, 28 days annual leave (plus bank holidays), pension, life cover, private medical insurance, parental leave, education assistance program.
Itโs possible weโre hiring for this position in multiple countries, in which case the above benefits apply to the primary location. Specific benefits vary by country, but our packages are similarly comprehensive.
Find out more: aveva.com/en/about/careers/benefits/
By default, employees are expected to be in their local AVEVA office three days a week, but some positions are fully office-based. Roles supporting particular customers or markets are sometimes remote.
Hiring process
Interested? Great! Get started by submitting your cover letter and CV through our application portal. AVEVA is committed to recruiting and retaining people with disabilities. Please let us know in advance if you need reasonable support during your application process.
Find out more: aveva.com/en/about/careers/hiring-process
About AVEVA
AVEVA is a global leader in industrial software with more than 6,500 employees in over 40 countries. Our cutting-edge solutions are used by thousands of enterprises to deliver the essentials of life โ such as energy, infrastructure, chemicals, and minerals โ safely, efficiently, and more sustainably.
We are committed to embedding sustainability and inclusion into our operations, our culture, and our core business strategy. Learn more about how we are progressing against our ambitious 2030 targets: sustainability-report.aveva.com/
Find out more: aveva.com/en/about/careers/
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Head of Financial Reporting employer: AVEVA
Contact Detail:
AVEVA Recruiting Team
StudySmarter Expert Advice ๐คซ
We think this is how you could land Head of Financial Reporting
โจTip Number 1
Familiarise yourself with both IFRS and US GAAP standards, as this role requires expertise in dual GAAP reporting. Understanding the nuances between these frameworks will not only help you in interviews but also demonstrate your readiness for the challenges of the position.
โจTip Number 2
Network with professionals in the finance sector, especially those who have experience in large global organisations. Engaging with individuals who have worked in similar roles can provide valuable insights and potentially lead to referrals.
โจTip Number 3
Prepare to discuss your experience with managing audits and financial reporting processes. Be ready to share specific examples of how you've successfully led teams through complex financial transformations or compliance initiatives.
โจTip Number 4
Showcase your leadership skills by highlighting instances where you've effectively communicated with senior stakeholders. This role involves presenting to the Finance and Compliance Committee, so demonstrating your ability to engage and influence at a high level is crucial.
We think you need these skills to ace Head of Financial Reporting
Some tips for your application ๐ซก
Tailor Your CV: Make sure your CV highlights relevant experience in financial reporting, consolidation, and technical accounting. Emphasise your leadership roles and any experience with dual GAAP reporting or SoX compliance.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role at AVEVA and explain how your skills align with their needs. Mention specific experiences that demonstrate your ability to lead a team and manage complex financial reporting processes.
Highlight Relevant Skills: Clearly outline your qualifications as a qualified accountant and your experience with IFRS and US GAAP. Include any significant achievements in managing audits or leading financial transformations.
Showcase Stakeholder Engagement: Provide examples of how you've effectively communicated with senior stakeholders in previous roles. This is crucial for a leadership position like Head of Financial Reporting, so make it clear how you can build relationships and drive collaboration.
How to prepare for a job interview at AVEVA
โจShowcase Your Technical Expertise
As the Head of Financial Reporting, you'll need to demonstrate a strong grasp of IFRS and US GAAP. Be prepared to discuss your experience with complex revenue recognition and how you've navigated dual GAAP reporting in previous roles.
โจPrepare for Stakeholder Engagement
This role requires effective communication with senior stakeholders. Think of examples where you've successfully presented financial information or led discussions with audit committees, showcasing your ability to engage and influence at a high level.
โจHighlight Leadership Experience
You'll be leading a team of 16, so it's crucial to illustrate your leadership style. Share specific instances where you've managed teams through transformations or improvements in financial reporting processes, emphasising collaboration and results.
โจUnderstand AVEVA's Culture and Values
Research AVEVA's commitment to sustainability and inclusion. Be ready to discuss how your values align with theirs and how you can contribute to fostering an inclusive workplace while driving financial excellence.