Head of Financial Reporting and Controls in Newcastle upon Tyne
Head of Financial Reporting and Controls

Head of Financial Reporting and Controls in Newcastle upon Tyne

Newcastle upon Tyne Full-Time 54000 - 84000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead financial reporting and controls for a dynamic group finance team.
  • Company: Join Bellway, where we build homes and a vibrant culture.
  • Benefits: Enjoy competitive salary, bonuses, pension scheme, and 25 days holiday.
  • Why this job: Make a real impact in financial reporting while fostering a culture of quality and trust.
  • Qualifications: ACCA or ACA qualified with 5 years post-qualification experience preferred.
  • Other info: Flexible office-based role with opportunities for career growth and development.

The predicted salary is between 54000 - 84000 £ per year.

At Bellway we’re building more than homes - we’re building a culture. We recognise that people are the key to our success and our goal is to provide a rewarding and fulfilling career in line with our values of quality, service and trust. In addition to this we are committed to being a more inclusive employer and invite applications from a variety of backgrounds.

The Head of Financial Reporting and Controls will lead the Group finance team which consists of 5 people including 3 qualified accountants. This position is responsible for:

  • All external financial reporting across the Group, ensuring the accuracy, integrity, and timeliness of both consolidated and individual financial statements and disclosures in compliance with IFRS/FRS101 and other regulatory requirements.
  • The control environment across the Group, ensuring the design and operating effectiveness of the controls is robust and continuously improving.

The role of the Head of Financial Reporting and Controls reports to the Group Financial Controller.

Principal Accountabilities

  • Responsible for the preparation of the group consolidated accounts including review of all sections of the annual report.
  • Review of half year and year end group consolidated financial information including consolidation adjustments.
  • Review of any technical accounting area which includes land creditors, IFRS16 leases, IFRS2 share based payments and the legacy building safety improvements provision.
  • Preparation of the Group’s going concern and viability assessment.
  • Preparation of any required Audit Committee papers on technical or judgemental areas of accounting.
  • Consolidation, review and analysis of divisional information.
  • Reviewing and ensuring accuracy of half year, year end and trading update statements prior to release.
  • Reviewing detailed analysis ahead of the half year, year end and trading update announcements.
  • Review of subsidiary statutory accounts.
  • Communicating with external auditors and managing the year end audit process.
  • Liaising with other external advisors.
  • Review of any material new contracts to determine the correct accounting treatment.
  • Monitoring changes in IFRS and assessing their impact on the Group.
  • Supporting the investor relations team with any financial investor queries and preparation of the Analyst Presentation for the half year and year end results.
  • Reviewing and enhancing the Group’s systems and controls including rolling out new processes.
  • Review and management of the budget and forecast for some group consolidation entities.
  • Review of monthly management accounts, supporting schedules and commentary for some group consolidation entities.
  • Producing other ad-hoc financial reports for management and the Board.
  • Responsibility for any other ad-hoc external reporting, e.g. National Statistics.
  • Other group-wide finance projects.

The above list of accountabilities are not exclusive or exhaustive. The post holder will be required to undertake any such duties as may be reasonably expected.

Experience

  • Experience of working within a similar role will be preferred.
  • Experience of working in a fast-paced environment with strict reporting deadlines.
  • Experience of working with construction or housebuilding is desirable.
  • Big 4 trained accountant is desirable.
  • Experience of working with listed companies is desirable.

Qualifications and training

  • GCSE Maths and English – Grade 4/C or above (or equivalent).
  • A-Level Maths is desirable.
  • ACCA or ACA qualified, with at least 5 years of experience post qualification.

Skills and aptitude

  • Excellent administration and organisation skills.
  • Analysis, numerical and report writing skills.
  • Strong management and time management skills.
  • Strong communication, listening and problem solving skills.
  • Ability to prioritise workload and meet deadlines.
  • Demonstrates a high level of discretion and confidentiality.
  • Excellent attention to detail.
  • Ability to work on own as well as part of a team.
  • Proficient IT skills along with a good working knowledge of Microsoft Office (Word, Excel and Outlook) and the ability to adapt to new systems.
  • Committed to diversity and inclusion.
  • Strong technical knowledge of IFRS.

Working Conditions

  • Willing to be flexible in respect to day to day duties and hours worked.
  • Office based role.
  • Please note this role is subject to a basic DBS and financial pre-employment checks.

Benefits

  • Competitive salary.
  • Competitive annual bonus.
  • Contributory pension scheme.
  • 25 days holiday, plus bank holidays.
  • Access to discounts and benefits portal.
  • ShareSave Scheme.
  • Cycle to Work Scheme.
  • Life assurance.
  • Holiday Purchase Scheme.
  • Earn and Learn Opportunities.

We reserve the right to close this vacancy if a large volume of applications are received.

Head of Financial Reporting and Controls in Newcastle upon Tyne employer: Bellway Homes Ltd

At Bellway, we pride ourselves on fostering a vibrant work culture that prioritises quality, service, and trust. As an employer, we offer competitive salaries, generous benefits including a contributory pension scheme and 25 days of holiday, alongside opportunities for personal and professional growth. Our commitment to inclusivity ensures that every employee feels valued and empowered to contribute to our mission of building not just homes, but a supportive community.
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Contact Detail:

Bellway Homes Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Head of Financial Reporting and Controls in Newcastle upon Tyne

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance and construction sectors. We all know that sometimes it’s not just what you know, but who you know. Attend industry events or webinars to meet potential employers and get your name out there.

✨Tip Number 2

Prepare for interviews by researching Bellway and their values. Understand their commitment to quality, service, and trust. We want to see how you can align with their culture and contribute to their goals, so be ready to share how your experience fits into their mission.

✨Tip Number 3

Showcase your expertise in IFRS and financial reporting during interviews. We know you’ve got the skills, so don’t hold back! Bring examples of how you’ve tackled complex accounting issues or improved control environments in your previous roles.

✨Tip Number 4

Apply through our website for a smoother process. We’re all about making things easy for you, so take advantage of our platform to submit your application. Plus, it shows you’re serious about joining the team at Bellway!

We think you need these skills to ace Head of Financial Reporting and Controls in Newcastle upon Tyne

Financial Reporting
IFRS/FRS101 Compliance
Consolidation of Financial Statements
Technical Accounting Knowledge
Audit Management
Budgeting and Forecasting
Analytical Skills
Report Writing Skills
Communication Skills
Attention to Detail
Time Management Skills
Proficient IT Skills
Team Collaboration
Discretion and Confidentiality

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your financial reporting expertise and any relevant qualifications, like ACCA or ACA, to show us you're the right fit for the Head of Financial Reporting and Controls role.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how your background aligns with our values of quality, service, and trust. Don’t forget to mention your experience in fast-paced environments and your knowledge of IFRS!

Showcase Your Achievements: When detailing your experience, focus on specific achievements that demonstrate your ability to lead a finance team and manage complex reporting processes. We love seeing quantifiable results, so if you’ve improved efficiency or accuracy in previous roles, let us know!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Plus, it shows us you’re keen to join our culture at Bellway!

How to prepare for a job interview at Bellway Homes Ltd

✨Know Your Numbers

As the Head of Financial Reporting and Controls, you'll need to demonstrate a solid grasp of financial statements and IFRS regulations. Brush up on your technical knowledge and be ready to discuss specific accounting standards like IFRS16 and IFRS2. This shows you’re not just familiar with the theory but can apply it practically.

✨Showcase Your Leadership Skills

You'll be leading a team of qualified accountants, so it's crucial to highlight your management experience. Prepare examples of how you've successfully led teams in the past, particularly in high-pressure environments. Discuss your approach to mentoring and developing talent within your team.

✨Prepare for Technical Questions

Expect questions that dive deep into technical accounting areas, such as consolidation adjustments or land creditors. Review common challenges faced in these areas and think about how you would address them. Being able to articulate your thought process will impress the interviewers.

✨Communicate Clearly and Confidently

Strong communication skills are essential for this role, especially when liaising with external auditors and presenting to the Board. Practice explaining complex financial concepts in simple terms. This will not only show your expertise but also your ability to convey important information effectively.

Head of Financial Reporting and Controls in Newcastle upon Tyne
Bellway Homes Ltd
Location: Newcastle upon Tyne
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  • Head of Financial Reporting and Controls in Newcastle upon Tyne

    Newcastle upon Tyne
    Full-Time
    54000 - 84000 £ / year (est.)
  • B

    Bellway Homes Ltd

    1000+
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