At a Glance
- Tasks: Oversee financial statements and ensure compliance with accounting standards and regulations.
- Company: Progeny, a forward-thinking firm revolutionising financial services in the UK.
- Benefits: Enjoy celebratory leave, private medical insurance, and support for mental health.
- Other info: Be part of an award-winning company committed to positive change and community support.
- Why this job: Join a dynamic team making a real impact in financial reporting and governance.
- Qualifications: Qualified accountant with strong technical knowledge and experience in financial services.
The predicted salary is between 36000 - 60000 £ per year.
We are seeking a technically strong, proactive Financial Reporting Manager to oversee and prepare the statutory financial statements across our UK group entities, ensuring technical accounting integrity, policy alignment, and enhancement of financial reporting processes in line with growth, strategy and regulatory obligations.
Key Responsibilities
- Statutory & Technical Reporting
- Manage the end-to-end process of the annual statutory financial statements for all Legal entities within the group, ensuring compliance with FRS 102, IFRS (where applicable), and FCA regulatory reporting requirements.
- Manage and coordinate the external audit process for all group entities, acting as the key point of contact for auditors.
- Partner with Management Accountants and entity stakeholders to gain a deep understanding of business activity and financial performance.
- Maintain a robust year-end timetable and ensure timely delivery of audited financials.
- Liaise with overseas accountants and auditors and review financial statements of the group’s overseas subsidiaries.
- Technical Accounting & Policy Development
- Research and assess the impact of new and complex accounting standards, providing clear guidance and practical interpretation to the finance team and senior management.
- Draft technical accounting papers and memos to support judgements and disclosures.
- Develop, maintain, and update a Group Accounting Manual that documents accounting policies and treatments across entities.
- Lead the convergence of accounting policies across acquired businesses, ensuring alignment with group standards post-integration.
- Lead the technical review of the implementation of any new accounting standards.
- Governance & Control
- Drive improvements in financial reporting processes and internal controls to enhance accuracy, efficiency, and audit readiness.
- Support the design and implementation of internal controls over financial reporting, particularly around entity-level controls and year-end close.
- Support the CASS (Client Assets Sourcebook) audit and SAR (Solicitors Accounts Rules) audit for the relevant legal entities.
- Other Responsibilities
- Assist the Regulatory Reporting team with quarterly and annual FCA filings (e.g. RMAR, MIFIDPRU), particularly those with financial statement linkages.
- Conduct periodic reviews of entity-level balance sheets to assess accounting accuracy, provisioning, and compliance with policy.
- Support the implementation or improvement of financial consolidation tools and statutory reporting software.
- Provide training sessions or technical updates to the wider finance team on new accounting standards and group policy updates.
- Contribute to the development of SECR reporting and the collation of financial data required to estimate the environmental impact of the group.
- Participate in cross-functional finance projects such as automation, IFRS transition, and changes in reporting requirements.
Skills, Knowledge, and Expertise
- Qualified accountant (ACA) with at least 2 years post-qualified experience.
- Trained in a Top 10 audit firm.
- Strong technical knowledge of UK GAAP (FRS 102) and IFRS.
- Proven experience preparing or auditing statutory financial statements.
- Excellent understanding of internal controls, audit processes, and financial reporting cycles.
- Clear communicator with strong analytical and written skills.
- Experience working in the financial services industry.
- Exposure to financial consolidation tools and accounting/reporting systems.
We reserve the right to close this vacancy early if we receive sufficient applications. Therefore, if you are interested, please submit your application as early as possible.
Benefits
- 3 days of celebratory leave (to be used for your birthday, wellbeing, volunteering, or other celebratory events important to you).
- Private medical insurance, 24/7 digital GP and health advice.
- Employee assistance programme providing support for your mental and physical health.
- Family leave.
About Progeny
We create, enhance, and preserve wealth. We are the first and only firm in the UK to bring together independent financial planning, asset management, tax, HR, and private and corporate legal services. We are forward-thinking and tech-driven, using technology to eliminate paperwork, improve communications, and enrich the relationship between client and adviser. At Progeny, we believe that we all have the power to make good things happen. We want to use our success as a catalyst for making real change. We created the Progeny Foundation to support local charities, including Zarach. We are the proud winners of the Yorkshire Financial Awards 2024 Best Employer award for the third year running.
Financial Reporting Manager in Leeds employer: Progeny
Progeny is an exceptional employer that champions a forward-thinking and tech-driven work culture, offering a unique blend of financial planning, asset management, and legal services. Employees benefit from generous perks such as celebratory leave, private medical insurance, and a supportive employee assistance programme, all while enjoying opportunities for professional growth and development in a collaborative environment. With a commitment to making a positive impact through the Progeny Foundation and recognition as the Best Employer at the Yorkshire Financial Awards, Progeny stands out as a rewarding place to build a meaningful career.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Reporting Manager in Leeds
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work at Progeny or similar firms. A friendly chat can sometimes lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge of UK GAAP and IFRS. Be ready to discuss how you've tackled complex accounting issues in the past. We want to see your problem-solving skills in action!
✨Tip Number 3
Showcase your experience with financial reporting tools and systems. If you've improved processes or implemented new software, share those stories! We love candidates who can bring efficiency to our team.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining our awesome team at Progeny.
We think you need these skills to ace Financial Reporting Manager in Leeds
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Financial Reporting Manager role. Highlight your experience with statutory financial statements and technical accounting standards like FRS 102 and IFRS. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of your past experiences that relate to the responsibilities listed in the job description. We love a good story!
Showcase Your Technical Skills:Since this role requires strong technical knowledge, don’t shy away from showcasing your expertise in UK GAAP and audit processes. Mention any relevant tools or systems you've worked with, as we’re keen on candidates who can enhance our financial reporting processes.
Apply Early!:We might close the vacancy early if we get enough applications, so don’t wait around! Head over to our website and submit your application as soon as you can. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Progeny
✨Know Your Standards
Make sure you brush up on FRS 102 and IFRS before the interview. Being able to discuss these standards confidently will show that you’re technically strong and ready to tackle the statutory financial statements.
✨Audit Process Insights
Understand the external audit process inside out. Be prepared to share your experiences coordinating audits and how you’ve acted as a key point of contact for auditors in the past. This will demonstrate your proactive approach and ability to manage relationships.
✨Showcase Your Communication Skills
As a Financial Reporting Manager, clear communication is key. Prepare examples of how you've effectively communicated complex accounting concepts to non-financial stakeholders. This will highlight your ability to partner with management accountants and other entity stakeholders.
✨Emphasise Process Improvement
Be ready to discuss any improvements you've driven in financial reporting processes or internal controls. Share specific examples of how you enhanced accuracy and efficiency, as this aligns perfectly with the role's responsibilities.