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- Tasks: Lead financial reporting, manage a team, and ensure accurate monthly consolidations.
- Company: Join Solid State PLC, a dynamic company focused on financial excellence and innovation.
- Benefits: Enjoy professional growth, mentorship, and opportunities for process improvement.
- Why this job: Be part of a transformative finance team making impactful decisions in a fast-paced environment.
- Qualifications: ACA qualified with strong IFRS knowledge and excellent communication skills required.
- Other info: Experience in PLCs and international finance is a plus; thrive in a proactive culture.
The predicted salary is between 43200 - 72000 £ per year.
Solid State PLC Group Financial Reporting Manager
Make your application after reading the following skill and qualification requirements for this position.
About the Role
The Group Financial Reporting Manager will play a pivotal leadership role within Group Finance, working with a team of accountants and overseeing both external and internal reporting. This includes responsibility for monthly consolidation, and ownership of the Group’s financial reporting processes.
Reporting to the Group Financial Controller (GFC), the role involves determining and documenting key technical accounting judgements, providing expert IFRS advice, and leading the implementation of new standards across the Group.
The role also supports critical transformation initiatives related to financial and management reporting, accounting standards, and data governance.
Key Responsibilities
Work in conjunction with the GFC to:
Develop the high-performing team of divisional accountants, providing guidance, mentorship, and support to ensure professional growth and consistent delivery of high-quality financial data.
Drive process improvement across the finance function, including the development and optimisation of consolidation systems and implementation of effective internal controls.
Own the production of the monthly Group management accounts (currently Excel-based), ensuring timely delivery, professional presentation, and continuous enhancement of insights and analytics.
Manage the consolidation file and support the preparation of the Half-Year and Annual Report and Accounts, ensuring accuracy and efficiency.
Act as the primary liaison for external auditors, managing the audit process and timetable, and ensuring smooth communication across all teams through effective project management.
Serve as the escalation point for audit-related issues, ensuring timely and effective resolution.
Prepare and review accounting papers and calculations for key judgements and significant transactions (e.g., going concern, impairment, share-based payments, leases, acquisitions).
Coordinate data collation to ensure timely and accurate filing of subsidiary accounts.
Establish and maintain robust Group financial reporting controls to enhance accuracy and reduce risk.
Provide technical accounting expertise, supporting the Group on complex issues and contributing to informed decision-making.
Develop and enforce Group accounting policies, ensuring compliance with IFRS and consistent application across the Group.
Monitor IFRS developments, prepare impact assessments, and lead the implementation of new standards, including necessary system changes.
Lead a rolling review of Group-wide accounting under complex standards (e.g., IFRS 2, 3, 9, 15, 16).
Liaise with professional advisers as required on technical matters.
Lead the selection and implementation of a Group consolidation system to replace the current Excel-based model, improving efficiency and alignment with operational structures.About the Candidate
ACA qualified (or equivalent).
Strong technical accounting expertise, particularly in IFRS.
Proven ability to thrive in a fast-paced, evolving environment with a proactive approach to change.
Excellent communication and stakeholder management skills.
Strong organisational and time management abilities, with a focus on accuracy and meeting tight deadlines.
Solid understanding of internal control environments; PLC and international experience is advantageous.
Demonstrated experience in improving financial processes and documentation.
Highly analytical and numerate.
A continuous improvement mindset, with a drive for operational excellence
Financial Reporting Manager employer: Solid State Group
Contact Detail:
Solid State Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Reporting Manager
✨Tip Number 1
Network with professionals in the finance sector, especially those who have experience in financial reporting and IFRS. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends and challenges in financial reporting.
✨Tip Number 2
Familiarise yourself with the specific financial reporting processes and systems used by Solid State PLC. Understanding their current consolidation methods and any recent changes in their financial reporting will give you an edge during interviews.
✨Tip Number 3
Prepare to discuss your experience with process improvements in financial reporting. Be ready to share specific examples of how you've optimised systems or enhanced accuracy in previous roles, as this aligns closely with the responsibilities of the position.
✨Tip Number 4
Stay updated on the latest IFRS developments and be prepared to discuss how these changes could impact financial reporting. Showing that you are proactive about continuous learning will demonstrate your commitment to excellence in the role.
We think you need these skills to ace Financial Reporting Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your ACA qualification and relevant experience in financial reporting and IFRS. Use specific examples that demonstrate your ability to manage teams and improve financial processes.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your skills align with the responsibilities outlined in the job description, particularly your experience with consolidation systems and stakeholder management.
Showcase Technical Expertise: Emphasise your strong technical accounting knowledge, especially in IFRS. Provide examples of how you've successfully navigated complex accounting issues or led the implementation of new standards in previous roles.
Highlight Leadership Skills: Since the role involves developing a high-performing team, mention any leadership or mentorship experiences you have. Discuss how you've supported team growth and ensured the delivery of high-quality financial data.
How to prepare for a job interview at Solid State Group
✨Showcase Your Technical Expertise
Be prepared to discuss your knowledge of IFRS and how you've applied it in previous roles. Highlight specific examples where you've made key accounting judgements or implemented new standards, as this will demonstrate your technical proficiency.
✨Demonstrate Leadership Skills
Since the role involves managing a team of accountants, be ready to share your experiences in mentoring and developing others. Discuss how you've driven process improvements and supported your team in achieving high-quality financial data.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities, especially regarding complex accounting issues. Prepare scenarios where you've successfully navigated challenges, such as audit processes or implementing new financial systems.
✨Emphasise Your Communication Skills
Effective communication is key in this role, particularly when liaising with external auditors and stakeholders. Be ready to provide examples of how you've managed stakeholder relationships and ensured smooth communication during critical projects.