At a Glance
- Tasks: Lead impactful projects in financial reporting and engage with key stakeholders.
- Company: Join the Financial Reporting Council, dedicated to high-quality corporate governance.
- Benefits: Enjoy 30 days annual leave, flexible holidays, and a generous pension contribution.
- Why this job: Make a real difference in public interest and influence international financial standards.
- Qualifications: Degree-level education with extensive experience in accountancy or financial regulation.
- Other info: Hybrid working model with opportunities for professional growth and development.
The predicted salary is between 48000 - 72000 £ per year.
Join to apply for the Senior Project Director x 3 vacancies role at Financial Reporting Council
The UK Endorsement Board (www.endorsement-board.uk) serves the UK public good by influencing and contributing to the research and development of high‑quality international financial reporting standards and their adoption for use in the UK. It will do this by:
- Influencing the development of IFRS. Contributing to debates on IASB projects, consulting with UK stakeholders, and highlighting concerns to the IASB throughout the project lifecycle.
- Taking responsibility for the endorsement and adoption of IFRS as specified in legislation, deciding whether to adopt IFRS for application by UK entities.
- Providing thought‑leadership through research and by informing and educating stakeholders on developments in financial reporting.
In delivering these statutory functions, the UKEB adheres to the guiding principles of transparency, accountability, independence and thought leadership. The technical team supports the delivery of these aims efficiently, developing enhanced working practices and handling operational performance in its areas of responsibility.
The FRC mission is to serve the public interest by setting high standards of corporate governance, reporting and audit and holding accountable those responsible for delivering them. It sets UK corporate governance and stewardship codes, UK accounting, auditing and actuarial standards, and promotes the quality of corporate reporting through independent enforcement arrangements.
Job Description
The role: The Senior Project Directors support the Director in developing the UKEB’s strategy and delivering the technical work agenda on time so that the UKEB can effectively fulfil its statutory functions.
Key accountabilities
- Lead the delivery of a range of projects, managing and developing project staff, ensuring timely delivery of papers to the Board and effective presentation at Board meetings.
- Ensure adherence to due process throughout the life of projects.
- Develop and maintain relationships with key stakeholders, including active dialogue with the IFRS Foundation and IASB staff, and chair working groups advising the UKEB Secretariat.
- Work with the Director and other senior Secretariat team members to manage and develop the team on an ongoing basis.
- Help set the team’s culture in line with the guiding principles of transparency, accountability, independence and thought leadership.
- Lead efforts to increase ‘joined‑up’ ways of working within the UKEB team and with relevant FRC colleagues.
- Direct line management of a proportion of team members.
The Person
- Knowledge and understanding of the wider public interest issues linked to influencing and adopting IFRS accounting standards in the UK.
- Capacity to comprehend and articulate technical accounting matters to a range of stakeholders.
- Good understanding of the due processes of the international accounting standard‑setting process and related organisations.
- Ability to analyse complex issues, identify salient concerns and propose solutions.
- Excellent written and oral communication skills.
- Ability to debate complex technical issues.
- Ability to listen, assess and assimilate others’ perspectives, concerns and proposals openly, and to convey them persuasively.
- Focused on agreeing the way forward on projects.
- Strong interpersonal skills, demonstrating respect for others and able to establish credibility and influence assertively at senior levels.
- Ability to manage staff effectively and collaborate with team members and external stakeholders.
- Experience managing complex projects, including setting and meeting deadlines and running working groups.
- Sound understanding of the function of financial reporting in capital markets, the law relating to corporate reporting, and the role of the UKEB and its statutory functions.
- Educated to a degree level with a professional or post‑degree qualification and extensive experience post‑qualification in a relevant field (e.g., accountancy, company law or financial regulation).
- Commercial awareness and political sensitivity.
- Demonstrable experience engaging successfully and confidently with external stakeholders at a senior level.
- Self‑motivated individual who is confident, committed, enthusiastic and energetic.
- Passion to secure the public interest.
- Ability to be firm and diplomatic.
- Flexible and collaborative.
- Resilient and confident in managing competing demands.
- Willing and demonstrably able to act with integrity and impartiality, independent of any individual or collective stakeholder interest.
- Ability to foster a team environment and to develop and mentor staff members.
The FRC operates a hybrid working arrangement, with an expectation that a minimum of 40 % of a person\’s working time will be located at one of our offices per week. The UKEB’s work requires significant stakeholder outreach and the post holder will lead such engagement. The post holder will attend at least 35 scheduled stakeholder meetings per year at the London office and may attend additional in‑person meetings as required.
Additionally, the post requires some travel abroad, depending on business needs.
Rewards and benefits
- Remuneration packages including 30 days annual leave, flexible bank holidays and the ability to buy extra leave.
- Generous employer pension contribution of 10 %.
- Staff Employee Assistance Programme including confidential counselling and work‑life services.
- Opportunity to save at least 25 % on the purchase of a new bike through the Cycle to work scheme.
- Strong work/life balance ethos.
The FRC believes that equality of opportunity and diversity is important to our work and we are strongly committed to being an inclusive employer. We are a signatory to the Government’s Disability Confident scheme, guaranteeing an interview to any disabled candidates entering under the scheme, should they meet the minimum criteria for a role.
Equal opportunities monitoring is an important means of demonstrating and implementing our commitment to promoting equality of opportunity and diversity. Completing our diversity form will assist the FRC to identify any barriers that prevent access to employment and career development for certain groups of people, and to develop solutions such as action plans, new policies and practices.
The role is based in our London office.
We specifically encourage female and/or BAME candidates to apply for this post as they are currently under‑represented at this level in our organisation.
Seniority level
- Director
Employment type
- Full‑time
Job function
- Finance and Accounting / Auditing
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Senior Project Director x 3 vacancies employer: FINANCIAL REPORTING COUNCIL
Contact Detail:
FINANCIAL REPORTING COUNCIL Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Project Director x 3 vacancies
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and accounting world. Attend industry events or webinars where you can meet potential colleagues or stakeholders. Remember, it’s all about who you know!
✨Tip Number 2
Prepare for interviews by researching the Financial Reporting Council and the UK Endorsement Board. Understand their mission and values so you can align your answers with their goals. Show them you’re not just another candidate!
✨Tip Number 3
Practice your communication skills! You’ll need to articulate complex financial concepts clearly. Grab a friend or mentor and run through some mock interviews to boost your confidence.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take that extra step to engage with us directly.
We think you need these skills to ace Senior Project Director x 3 vacancies
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Senior Project Director role. Highlight your experience in managing complex projects and your understanding of IFRS standards, as this will show us you’re a great fit for the position.
Showcase Your Communication Skills: Since excellent written communication is key for this role, ensure your application is clear and concise. Use professional language but keep it engaging – we want to see your personality shine through!
Demonstrate Stakeholder Engagement: In your application, share examples of how you've successfully engaged with senior stakeholders. This will help us understand your ability to influence and lead discussions, which is crucial for the role.
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 during the process!
How to prepare for a job interview at FINANCIAL REPORTING COUNCIL
✨Know Your IFRS Inside Out
Make sure you brush up on your knowledge of International Financial Reporting Standards (IFRS) and the endorsement process. Be prepared to discuss how these standards impact the UK public interest and be ready to articulate your thoughts on current debates in the field.
✨Showcase Your Project Management Skills
Highlight your experience in managing complex projects. Be ready to share specific examples of how you've led teams, met deadlines, and navigated challenges. This will demonstrate your ability to deliver results effectively, which is crucial for the Senior Project Director role.
✨Engage with Stakeholders
Prepare to discuss your approach to building and maintaining relationships with key stakeholders. Think of examples where you've successfully engaged with senior-level individuals or groups, and how you’ve facilitated productive discussions around technical issues.
✨Demonstrate Thought Leadership
Be ready to showcase your understanding of the guiding principles of transparency, accountability, and independence. Share your insights on how you can contribute to thought leadership within the UKEB and how you plan to foster a culture that aligns with these values.