At a Glance
- Tasks: Lead group financial reporting and ensure compliance with policies and regulations.
- Company: Join an international market leader in financial services.
- Benefits: Competitive pay, opportunities for professional growth, and a dynamic work environment.
- Why this job: Be a key player in optimising financial performance and mitigating risks while developing your leadership skills.
- Qualifications: Professional accounting qualification (CIMA, ACA or ACCA) and strong technical accounting skills required.
- Other info: This is a temporary role with mid-senior level responsibilities.
The predicted salary is between 64000 - 90000 £ per year.
An international market leader requires an interim Head of Group Financial Reporting to lead accurate and timely consolidated Group reporting including off ledger entities and implementing financial controls to comply with internal policy and regulatory requirements. You will possess excellent stakeholder management and collaboration skills to optimise 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.
- Accountable for posting and recording the correct accounting transactions for sale purchase and trade and asset acquisitions at the time of acquisition and subsequent fair value adjustments.
- Key strategic lead for aligning the accounting of newly acquired entities with the group policies and providing support to those teams at acquisition and on an ongoing basis including review of monthly submissions.
- Ownership and oversight of the process for all areas in scope, including highlighting risk items or areas of concern, ensuring a strong controls environment is embedded across the team.
- Provide ongoing support for any Group structure related activities such as group reorganisation, hive ups and strike offs to ensure all transactions captured appropriately at entity and consolidated level.
- Creation and ownership of standard operating procedures, driving automation, efficiency and a strong controls framework.
- Ensure you are a key point of contact for the external audit team working together on time and cost minimisation across your areas of responsibility.
- Assist in development and production of key strategic information in particular for Head of FP&A.
- Act as a trusted advisor to senior leadership in particular the Group Financial Controller, providing expertise and guidance to support decision-making.
- Provide coaching and development to team members to create a highly motivated loyal and engaged team. Support team in taking initiative and problem solving.
Qualifications:
- Professional accounting qualification (CIMA, ACA or ACCA)
- Strong technical accounting and group reporting skills
- Experience of managing and developing a team.
- Detailed understanding of the requirements of the financial standards, in particular IFRS and consolidated financial statements.
- Comprehensive knowledge of process and control frameworks.
Head of Reporting (London) employer: Marc Daniels Specialist Recruitment
Contact Detail:
Marc Daniels Specialist Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Reporting (London)
✨Tip Number 1
Network with professionals in the finance and accounting sectors, especially those who have experience in group financial reporting. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in financial controls and reporting.
✨Tip Number 2
Familiarise yourself with the specific financial standards mentioned in the job description, particularly IFRS and consolidated financial statements. This knowledge will not only help you in interviews but also demonstrate your commitment to understanding the role's requirements.
✨Tip Number 3
Prepare to discuss your experience in managing teams and developing talent. Highlight specific examples where you've successfully coached team members or improved team performance, as this is a key aspect of the role.
✨Tip Number 4
Research Marc Daniels Specialist Recruitment and their client’s values and culture. Tailor your conversations during networking or interviews to align with their expectations, showcasing how your skills and experiences can contribute to their success.
We think you need these skills to ace Head of Reporting (London)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in group financial reporting and stakeholder management. Use specific examples that demonstrate your ability to lead teams and implement financial controls.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your professional accounting qualifications (CIMA, ACA, or ACCA) and your understanding of IFRS can contribute to the company's success.
Showcase Leadership Skills: Emphasise your experience in coaching and developing team members. Provide examples of how you've created motivated teams and supported them in problem-solving and taking initiative.
Highlight Technical Expertise: Detail your technical accounting skills and your comprehensive knowledge of process and control frameworks. Mention any relevant experience with external audits and how you’ve minimised costs and time in previous roles.
How to prepare for a job interview at Marc Daniels Specialist Recruitment
✨Showcase Your Technical Expertise
As a candidate for the Head of Reporting position, it's crucial to demonstrate your strong technical accounting skills. Be prepared to discuss your experience with IFRS and consolidated financial statements, as well as any specific challenges you've faced in group reporting.
✨Highlight Stakeholder Management Skills
This role requires excellent stakeholder management and collaboration skills. Share examples of how you've successfully worked with senior leadership or external audit teams in the past, focusing on your ability to optimise financial performance and mitigate risks.
✨Discuss Team Development Experience
The company values coaching and development within teams. Be ready to talk about your experience in leading and developing a team, including how you've motivated team members and fostered a culture of problem-solving and initiative.
✨Prepare for Strategic Discussions
As a trusted advisor to senior leadership, you should be prepared to engage in strategic discussions. Think about how you can contribute to decision-making processes and provide insights that align with the company's financial goals and policies.