At a Glance
- Tasks: Lead financial reporting and manage a team of 5 in a growing business.
- Company: Join a dynamic Bath-based company focused on operational finance excellence.
- Benefits: Enjoy competitive salary, career development opportunities, and a supportive work environment.
- Why this job: Make an impact by driving financial performance and leading a motivated team.
- Qualifications: Qualified Accountant with strong management accounts and forecasting experience required.
- Other info: This is a newly created role offering a chance to shape the finance function.
The predicted salary is between 43200 - 72000 £ per year.
Your new company A growing, Bath-based business is looking to recruit a Head of Financial Reporting to join the team in this newly created role. Your new role Reporting into the Finance Director and managing a team of 5 people, this role will lead and support the operational finance function, delivering financial reports and year-end accounts to ensure regulatory compliance. Key elements of the role include: Report and provide written commentary of month end performance with variance analysis Lead on monthly management accounts, forecasting and KPI analysis. Coordinate on the production of year-end statutory accounts. Lead on the production of the annual budget model. Review aged debt. Implementing controls, policies and procedures within financial reporting and the wider finance team. Manage a team of 5 people, carrying out reviews and supporting their development Support the transactional team and help develop efficiencies but also any potential business opportunities. What you'll need to succeed We are looking for a Qualified Accountant with all round strategic and analytical skills. You should have strong experience in management accounts, budget preparation and forecasting for a business. Naturally, you will have good technical abilities-but you should also be people-orientated, able to lead and motivate a team of accountants. In addition, you should be able to bring ideas to the table and have strong attention to detail. What you'll get in …
Head of Financial Reporting employer: Hays Accounts and Finance
Contact Detail:
Hays Accounts and Finance Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Financial Reporting
✨Tip Number 1
Make sure to highlight your experience in managing financial reporting processes. Discuss specific examples where you've successfully led a team and delivered accurate financial reports, as this will resonate with the hiring managers.
✨Tip Number 2
Demonstrate your analytical skills by preparing to discuss how you've used variance analysis and KPI tracking to drive business decisions in your previous roles. This shows that you can bring valuable insights to the table.
✨Tip Number 3
Be ready to talk about your experience with budget preparation and forecasting. Share any innovative approaches you've implemented that improved accuracy or efficiency in these processes.
✨Tip Number 4
Since this role involves leading a team, prepare to discuss your leadership style and how you've supported the development of your team members in the past. Highlight any mentoring or coaching experiences that showcase your people-oriented approach.
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 your experience in financial reporting, management accounts, and team leadership. Use specific examples that demonstrate your strategic and analytical skills.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background as a Qualified Accountant aligns with the responsibilities of leading a finance team and delivering financial reports.
Highlight Leadership Experience: Emphasize your experience in managing teams and supporting their development. Provide examples of how you've motivated your team and implemented controls or procedures in previous roles.
Showcase Technical Skills: Detail your technical abilities related to financial reporting, forecasting, and budget preparation. Mention any relevant software or tools you are proficient in that would benefit the operational finance function.
How to prepare for a job interview at Hays Accounts and Finance
✨Showcase Your Leadership Skills
As a Head of Financial Reporting, you'll be managing a team. Be prepared to discuss your leadership style and provide examples of how you've successfully led teams in the past. Highlight any specific achievements that demonstrate your ability to motivate and develop others.
✨Demonstrate Technical Proficiency
Make sure to brush up on your technical accounting knowledge, especially around management accounts, budget preparation, and forecasting. Be ready to discuss your experience with financial reporting standards and any relevant software tools you’ve used.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills and ability to handle real-world financial scenarios. Think about challenges you've faced in previous roles and how you overcame them, particularly in relation to variance analysis and year-end accounts.
✨Emphasize Attention to Detail
Given the nature of the role, attention to detail is crucial. Prepare to discuss how you ensure accuracy in financial reporting and what processes you implement to minimize errors. Providing specific examples will help illustrate your meticulous approach.