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- 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 benefits, generous leave, and wellness perks.
- Why this job: Join a high-impact role that drives transformation and engages with senior stakeholders.
- Qualifications: Qualified accountant with experience in global organisations and IFRS accounting.
- Other info: Work in a collaborative environment with opportunities for remote work.
The predicted salary is between 43200 - 72000 £ 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 AVEVA’s 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 – 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.
It’s possible we’re 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 – such as energy, infrastructure, chemicals, and minerals – 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 🤫
We think this is how you could land Head of Financial Reporting
✨Tip Number 1
Familiarise yourself with both IFRS and US GAAP standards, as this role requires expertise in dual GAAP reporting. Consider taking a short course or attending workshops to deepen your understanding of these frameworks.
✨Tip Number 2
Network with professionals in the finance sector, especially those who have experience in large global organisations. Engaging with industry peers can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Prepare to discuss your experience with M&A activities and how you've contributed to financial transformations in previous roles. Be ready to share specific examples that highlight your strategic thinking and leadership skills.
✨Tip Number 4
Research AVEVA’s recent projects and initiatives, particularly those related to financial reporting and compliance. This knowledge will help you demonstrate your genuine interest in the company during interviews.
We think you need these skills to ace Head of Financial Reporting
Some tips for your application 🫡
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 and the company. Discuss how your skills align with the responsibilities outlined in the job description, particularly your experience with IFRS and M&A activities.
Highlight Key Achievements: When detailing your past roles, focus on specific achievements that demonstrate your ability to lead teams, manage audits, and implement financial controls. Use metrics where possible to quantify your impact.
Prepare for Stakeholder Engagement: Since the role involves communication with senior stakeholders, prepare examples of how you've successfully engaged with executive teams or audit committees in the past. This will showcase your relationship-oriented approach.
How to prepare for a job interview at AVEVA
✨Understand the Role Thoroughly
Before the interview, make sure you have a deep understanding of the Head of Financial Reporting role. Familiarise yourself with AVEVA's financial reporting processes, especially regarding dual GAAP and SoX compliance. This will help you articulate how your experience aligns with their needs.
✨Showcase Your Technical Expertise
Given the technical nature of this position, be prepared to discuss your experience with IFRS, US GAAP, and complex revenue recognition. Bring examples of how you've successfully managed financial statements and audits in previous roles to demonstrate your capability.
✨Highlight Leadership Skills
As this is a VP-level role, it's crucial to showcase your leadership abilities. Prepare to discuss your experience in managing teams, driving transformation initiatives, and engaging with senior stakeholders. Use specific examples to illustrate your collaborative and communicative approach.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills and strategic thinking. Think about challenges you've faced in financial reporting or audits and how you overcame them. This will show your ability to handle high-impact situations effectively.
