At a Glance
- Tasks: Lead financial reporting and ensure high-quality data for De Beers' diamond operations.
- Company: Join De Beers, the world leader in diamond exploration and marketing.
- Benefits: Enjoy 27 days holiday, free meals, gym access, and a fantastic pension scheme.
- Why this job: Make an impact in a dynamic environment while working with a passionate team.
- Qualifications: Degree and accounting qualification required; experience in financial reporting is a plus.
- Other info: Embrace a culture of safety, diversity, and sustainability at De Beers.
The predicted salary is between 50000 - 60000 ÂŁ per year.
De Beers is the world’s leading rough diamond company with unrivalled expertise in the exploration, mining and marketing of diamonds. From its mining operations across Botswana, Namibia, South Africa and Canada, De Beers produces and markets approximately 30% of the world’s supply of rough diamonds by value. Together with its joint venture partners in Botswana and Namibia, De Beers operates in more than 20 countries across six continents. De Beers’ gem mining operations span every category of diamond mining – open pit, underground, alluvial, coastal and under sea.
The group is passionate about people and is committed to creating a diverse workplace in which individuals can develop rewarding careers at all levels. This is done by providing innovative, stimulating work environments that allow our people space to lead, grow and develop. Our vision is to transform diamond dreams into lasting realities and as a result we aim to attract and retain vibrant, innovative people who possess the unique skills and talents that will lead the De Beers Group into the future.
The Financial Reporting Coordinator plays a pivotal role in ensuring the on‑time reporting of high quality financial data. The individual will take a senior role within the financial reporting team, providing direction and oversight to the two Financial Reporting Accountant direct reports. The individual will be accountable for the accurate reporting of consolidated financial data for allocated business units as well as the Group as a whole, and for preparing and analysing consolidated information for monthly and quarterly reporting. They will ensure that data is presented accurately and that any accounting issues are identified, understood and resolved on a timely basis through detailed planning and process management. The Financial Reporting Coordinator will provide insightful analysis and commentary for senior management. It is therefore vital to form strong working relationships with senior stakeholders and finance teams across the business. In addition, the individual will take responsibility for the implementation of continuous improvement initiatives in financial reporting and for liaising with external auditors.
Key Tasks
- Interpret and cascade financial accounting/reporting policies, standards, procedures and timetables.
- Contribute to and prepare accounting issues papers and audit committee reporting as required.
- Act as main point of contact for finance teams for reporting issues and queries, including issues encountered with the loading of their monthly results using Financial Data Quality Management (FDM).
- Prepare and review accounting papers as required.
- Review data submissions, ensuring accuracy with all validations cleared and/or understood.
- Liaise with the auditors to ensure smooth and efficient running of the interim and year end audits.
- Ensure financial transactions and reporting are completed and reported in line with Group and local statutory requirements.
- Co‑ordinate the monthly consolidation process by calculating and posting consolidation journals in Hyperion Financial Management (HFM) as well as reviewing outputs of other team members.
- Initiate reporting process improvements including simplification and automation.
- Support the Group Financial Reporting Manager and Group Financial Controller with ad hoc analysis as required.
- Ensure notes for interim and year end external reporting are prepared to a high standard and in line with agreed deadlines.
- Manage the Anglo American Financial Reporting relationship, and co‑ordinate responses to queries.
- Contribute to Group‑wide finance projects, where necessary.
- Directly oversee the work of the Financial Reporting Accountants ensuring work direction, review and timely feedback.
Qualifications
- Educated to degree level with relevant accounting qualification (e.g. qualified chartered accountant).
- Extensive complex consolidation experience particularly with respect to an international Group.
- Experience with Group interim and year end reporting (co‑ordinating deliverables from component teams, review/preparation of financial statements/stat notes).
- Exposure to complex systems.
- Experience with analysis and preparation of technical accounting memos.
- Demonstrated experience working within a team to deliver against stretch targets.
- Experience in using Hyperion Financial Management and Financial Data Quality Management would be advantageous.
- Operational experience in the mining industry or similar would be advantageous.
- Demonstrated success in process improvement initiatives.
- Understands and applies relevant accounting principles, IFRS, policies and processes.
- Understands the principles of effective financial systems.
- Demonstrates a good understanding of project management tools and their application.
Additional information
- A great working environment.
- Fantastic pension scheme.
- 27 days of holiday + bank holidays with the opportunity to buy or sell 5 more days.
- Mental health is a top priority for De Beers Group – we offer free subscription to Headspace and have mental health first aider.
- Employee share schemes.
- Free breakfast & lunch at onsite restaurant.
- Free onsite gym.
- Flexible benefits package.
Who we are
De Beers Group is a company with a rich history and a sparkling future. Since 1888 our experts have searched the world for nature’s most precious gem. Our diamonds bring beauty to the world. But we think they can do so much more. We want our diamonds, and our business, to make life brilliant – for our people, our customers and the world around us.
Venetia Mine is part of De Beers Group Managed Operations Business which integrates mines, operations and support functions in the De Beers Group producer countries of Canada and South Africa to shape a safe, sustainable future for De Beers Group’s people, shareholders, communities and partners.
Safety
Safety first is a way of life for us. We are unconditional about the safety, health and well‑being of our colleagues, at work and at home, and about that of the communities where we work. We aim to lead the industry by investing in innovation to protect people, who are at the heart of our business. Our high performing teams take accountability for their own and others’ actions, work collaboratively, and always show care and respect.
Inclusion & Diversity
We are committed to promoting an inclusive and diverse workplace where we value and respect every colleague for who they are. We provide equality of opportunity to enable everyone to fulfil their potential.
Building Forever
Sustainability is at the heart of our decision‑making – it is how we do business. Building Forever is key to our purpose as it represents our ambitious and holistic sustainability framework and is central to our ability to deliver long‑term value to our communities and partners. This shapes how we protect our social and environmental licence to operate, build a long‑term legacy in our host communities and earn consumers’ trust in our diamonds that they can wear with pride.
Successful candidates will be required to complete background screening which may include a criminal check and validation of qualifications.
Financial Reporting Coordinator - 12 month MAT COVER De Beers Group Finance United Kingdom, Lon[...] employer: De Beers Group
Contact Detail:
De Beers Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Reporting Coordinator - 12 month MAT COVER De Beers Group Finance United Kingdom, Lon[...]
✨Tip Number 1
Network like a pro! Reach out to current or former employees at De Beers through LinkedIn. A friendly chat can give us insider info and maybe even a referral.
✨Tip Number 2
Prepare for the interview by knowing your stuff! Research De Beers' values, recent news, and their approach to sustainability. This shows we’re genuinely interested in the company.
✨Tip Number 3
Practice common interview questions with a mate. Focus on how our skills align with the Financial Reporting Coordinator role. Confidence is key!
✨Tip Number 4
Don’t forget to follow up after the interview! A quick thank-you email can keep us fresh in their minds and show our enthusiasm for the role.
We think you need these skills to ace Financial Reporting Coordinator - 12 month MAT COVER De Beers Group Finance United Kingdom, Lon[...]
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Financial Reporting Coordinator role. Highlight your relevant experience in financial reporting, consolidation, and any specific systems like Hyperion that you’ve used. We want to see how your skills align with what De Beers is looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background makes you a perfect fit. Don’t forget to mention your commitment to continuous improvement and teamwork, as these are key for this position.
Showcase Your Achievements: When detailing your experience, focus on your achievements rather than just responsibilities. Did you implement a process improvement that saved time or resources? We love to see quantifiable results that demonstrate your impact!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at De Beers Group
✨Know Your Numbers
As a Financial Reporting Coordinator, you'll need to be on top of your financial data. Brush up on key financial metrics and reporting standards relevant to De Beers. Be prepared to discuss how you’ve handled complex consolidations in the past and any challenges you've faced.
✨Showcase Your Team Spirit
This role involves overseeing a team, so highlight your leadership skills. Share examples of how you've successfully managed teams or projects, especially in high-pressure situations. Emphasise your ability to foster strong relationships with stakeholders and your experience in collaborative environments.
✨Prepare for Technical Questions
Expect questions about IFRS, financial systems, and tools like Hyperion Financial Management. Brush up on your technical knowledge and be ready to explain how you've applied these principles in your previous roles. This will show that you’re not just familiar with the concepts but can also implement them effectively.
✨Continuous Improvement Mindset
De Beers values innovation and process improvement. Come prepared with examples of initiatives you've led or contributed to that enhanced financial reporting processes. Discuss how you identify areas for improvement and your approach to implementing changes, as this aligns with their commitment to excellence.