At a Glance
- Tasks: Lead the monthly IFRS close and produce high-quality financial reports.
- Company: Join Ford Credit's dynamic Financial Reporting team.
- Benefits: Competitive salary, flexible working, and opportunities for professional growth.
- Other info: Collaborative environment with a focus on diversity and equality.
- Why this job: Gain exposure to senior leadership and shape financial reporting processes.
- Qualifications: Professional accountancy qualification and strong IFRS knowledge required.
The predicted salary is between 56700 - 69300 £ per year.
Ford Credit is looking for a Financial Reporting Supervisor to lead the accuracy and timeliness of our consolidated IFRS reporting. This is a high-profile, senior role within the Financial Reporting team, offering direct exposure to the Senior Leadership Team through coordination of Disclosure Committee Meetings. As a technical accounting leader, you will drive the monthly IFRS close, own the production of FCE's Annual Report & Accounts, and function as the key point of contact for auditors, systems teams, and cross-functional stakeholders. The role requires a high degree of flexibility to meet strict reporting deadlines.
The Financial Reporting team is responsible for ensuring FCE's consolidated financial statements are accurate, compliant, and delivered on time under IFRS. This role reports directly to the Manager, Financial Reporting, and plays a central part in shaping how the team delivers the monthly and quarterly close, interim reporting, and annual accounts, while continuously improving processes.
What You'll Bring
- A professional accountancy qualification (ACCA, ACA, CIMA) or equivalent experience
- Sound technical knowledge and practical application of IFRS
- Experience preparing consolidated accounts
- Evidence of demonstrating Ford OS behaviours (Ford applicants)
- A meticulous, mindful approach to your own work
- Ability to work independently and accurately under tight deadlines
- Ability to work both within a team and on your own initiative, juggling multiple priorities with adaptability
- Strong analytical skills and excellent verbal/written communication across all levels of the organisation
- PC literacy, including strong Excel and data tool skills
Desirable:
- SAP/Group Reporting system experience
- Project management experience
Key Responsibilities
Monthly Close
- Lead the monthly/quarterly IFRS close process for FCE.
- Review and approve all IFRS journals, subledgers, and month-end checks.
- Produce monthly financial statements, including variance analysis and a US GAAP to IFRS reconciliation.
- Arrange and lead the quarterly IFRS deck review with the CEO/CFO.
- Approve the monthly IFRS timetable and take ownership of all close-related issues.
Annual Account Preparation & External Reporting
- Lead the production of the Annual Report & Accounts for both FCE Company and its Group, ensuring on-time delivery and consistently high quality.
- Produce the project timeline, coordinate management reviews, and function as project manager.
- Coordinate and review FCE's Financial Statements, including Balance Sheet, Income Statement, Statement of Changes in Equity, Cashflow Statement, and notes to Accounts.
- Lead the preparation of FCE's strategic report, coordinating with all individual contributors.
- Function as the main point of contact for audit queries, supporting FCE auditors in managing internal teams and functions.
- Serve as the main point of contact for the Ford Credit Global Business Centre (FCGBC) team managing account preparation in Workiva.
- Collaborate with the Company Secretary to ensure timely filing with Companies House.
- Partner with IT and Corporate Communications to ensure timely publication of accounts on the Investor website.
- Following audit completion, gather feedback and lessons learned, coordinating improvements for the next cycle.
- Support the half-year Interim Profit verification process when required by FCE Treasury.
- Lead the coordination and preparation of half-year Management statements and the annual Q3 Shell accounts.
- Complete the annual benchmarking exercise against industry standards, initiating governance processes to implement best practice updates.
Data & Systems
- Own FCE's version of the Group Reporting application (CE1), working closely with US/IT system teams.
- Maintain the mapping and classification (IFRS codes) of SAP accounts reflected in FCE's financial statements.
- Participate in monthly Group Reporting change control meetings to ensure CE1 requirements are properly implemented by the consolidation team.
- Work with the FCGBC Workiva team to further leverage tools to enhance FCE's annual accounts.
Projects & Collaboration
- Lead the implementation of IFRS 18 for FCE's Annual Report and Accounts.
- Provide accounting support and training to FCGBC and other European IFRS markets as needed.
- Support annual reviews and updates of financial reporting desk procedures and policy statements.
- Function as IFRS Accounting SME for new initiatives and projects, such as business restructuring or system implementations.
- Complete ad hoc tasks that pertain to Financial Reporting.
Financial Reporting Supervisor employer: Ford
Join a leading employer in the rail industry, where as a Mechanical Fitter in Leeds, you will be part of a highly skilled engineering team dedicated to maintaining powerful locomotives. With competitive salaries starting at £47,147 and opportunities for significant earnings growth through technical training and additional responsibilities, this role offers not only financial rewards but also a supportive work culture that prioritises employee development and stability. Experience a dynamic work environment with varied challenges and the chance to enhance your skills while contributing to essential transport services.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Reporting Supervisor
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Ford. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Financial Reporting Supervisor
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Ford.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Ford's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Ford
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Ford.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Ford will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Ford employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
