At a Glance
- Tasks: Lead group financial reporting and ensure compliance with accounting standards.
- Company: Join an international market leader in the financial sector.
- Benefits: Enjoy competitive pay, professional development, and a collaborative work environment.
- Why this job: Be a key player in optimising financial performance and driving strategic initiatives.
- Qualifications: Must have a professional accounting qualification and strong technical skills.
- Other info: Opportunity to coach and develop a motivated team while working closely with senior leadership.
The predicted salary is between 72000 - 108000 £ per year.
An international market leader is seeking an interim Head of Group Financial Reporting to lead accurate and timely consolidated group reporting, including off-ledger entities, and to implement financial controls to ensure compliance with internal policies and regulatory requirements. The successful candidate will possess excellent stakeholder management and collaboration skills to optimize financial performance and mitigate risks.
Key Responsibilities:
- Accountable for accurate and efficient group consolidation (including off-ledger entities) and elimination processes in line with group accounting policies and standards across all entities on a monthly basis.
- Responsible for posting and recording correct accounting transactions for sales, purchases, trade, and asset acquisitions at the time of acquisition and for subsequent fair value adjustments.
- Lead strategic alignment for newly acquired entities by ensuring their accounting practices adhere to group policies and providing ongoing support, including review of monthly submissions.
- Ownership and oversight of processes within scope, highlighting risk items or areas of concern and embedding a strong controls environment across the team.
- Support group structure activities such as reorganizations, hive-ups, and strike-offs, ensuring transactions are appropriately captured at both entity and consolidated levels.
- Create and own standard operating procedures, driving automation, efficiency, and a robust controls framework.
- Serve as a key contact for external auditors, working collaboratively to minimize time and costs, and assist in developing strategic financial information, especially for the Head of FP&A.
- Act as a trusted advisor to senior leadership, particularly the Group Financial Controller, providing expertise and guidance for decision-making.
- Provide coaching and development to team members to foster a motivated, loyal, and engaged team, promoting initiative and problem-solving.
Essential Requirements:
- Professional accounting qualification (CIMA, ACA, or ACCA)
- Strong technical accounting and group reporting skills
- Experience in managing and developing a team
- Deep understanding of financial standards, especially IFRS and consolidated financial statements
- Comprehensive knowledge of process and control frameworks
By applying, you will be registered as a candidate with Marc Daniels Specialist Recruitment Limited. Our Privacy Policy is available on our website and explains how we will use your personal data.
Head of Group Financial Reporting in High Wycombe) employer: Marc Daniels Specialist Recruitment Ltd
Contact Detail:
Marc Daniels Specialist Recruitment Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Group Financial Reporting in High Wycombe)
✨Tip Number 1
Network with professionals in the financial reporting field, especially those who have experience with group consolidation and IFRS standards. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in financial reporting.
✨Tip Number 2
Familiarise yourself with the specific financial controls and compliance requirements relevant to the role. Research the company’s previous financial reports and any recent changes in regulations that may impact their reporting processes.
✨Tip Number 3
Prepare to discuss your experience in managing teams and developing talent during the interview. Think of specific examples where you successfully coached team members or improved team performance, as this is a key aspect of the role.
✨Tip Number 4
Showcase your ability to collaborate with senior leadership by preparing insights or strategies that could enhance financial performance. Be ready to articulate how you can act as a trusted advisor to the Group Financial Controller and contribute to strategic decision-making.
We think you need these skills to ace Head of Group Financial Reporting in High Wycombe)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your professional accounting qualifications and relevant experience in group financial reporting. Emphasise your skills in managing teams and your understanding of IFRS and consolidated financial statements.
Craft a Compelling Cover Letter: In your cover letter, address how your background aligns with the key responsibilities outlined in the job description. Mention specific examples of how you've led financial reporting processes and improved controls in previous roles.
Highlight Stakeholder Management Skills: Since the role requires excellent stakeholder management, include examples in your application that demonstrate your ability to collaborate effectively with senior leadership and external auditors.
Showcase Leadership Experience: Detail your experience in coaching and developing team members. Highlight any initiatives you’ve led that fostered a motivated and engaged team, as this is crucial for the position.
How to prepare for a job interview at Marc Daniels Specialist Recruitment Ltd
✨Showcase Your Technical Expertise
Make sure to highlight your professional accounting qualifications and your deep understanding of financial standards, especially IFRS. Be prepared to discuss specific examples of how you've applied these skills in previous roles, particularly in group reporting and consolidation.
✨Demonstrate Stakeholder Management Skills
Since the role requires excellent stakeholder management, think of instances where you've successfully collaborated with various teams or senior leadership. Prepare to share how you optimised financial performance and mitigated risks through effective communication and collaboration.
✨Prepare for Process and Control Discussions
The interviewers will likely want to know about your experience with process and control frameworks. Be ready to discuss how you've implemented financial controls in past roles and how you ensure compliance with internal policies and regulatory requirements.
✨Emphasise Team Development Experience
As a leader, your ability to coach and develop team members is crucial. Prepare examples of how you've fostered a motivated and engaged team, promoting initiative and problem-solving. This will show that you can not only lead but also inspire your team.