At a Glance
- Tasks: Lead the Financial Reporting Team and ensure compliance with financial regulations.
- Company: Join a well-established Group Services function in the outsourcing business.
- Benefits: Enjoy a competitive day rate of £400 - £550 and potential for long-term growth.
- Why this job: Make a significant impact while developing your skills under an experienced CFO.
- Qualifications: Professional qualification (ACA, ACCA, or CIMA) and senior team management experience required.
- Other info: Opportunity for extension or permanent position for the right candidate.
An excellent opportunity for a Head of Financial Reporting on a day rate contract basis, paying £400 - £550 per day (depending on experience). The initial term is 6 months, with a strong possibility of extension or a permanent position for the right candidate. The role is based in Droitwich with a well-established Group Services function, operating within the outsourcing business. This is a fantastic opportunity to develop your skills under the guidance of a supportive and experienced senior Chief Finance Officer.
About the Business
This is an opportunity to lead and develop the financial reporting strategy and ensure robust financial controls across the Group, which operates within a complex and regulated environment.
Main Duties
- Overseeing the Financial Reporting Team: Directing the centralized Financial Reporting team to deliver timely, accurate, and cost-effective services, including the preparation of management and statutory accounts, to meet the Group's needs and guarantee adherence to regulatory standards.
- Supporting Financial Performance Management: Ensuring Senior Business Managers effectively manage financial performance to minimize risk and optimize operational efficiency in line with Group objectives.
- Providing Financial Guidance and Advice: Offering clear guidance, advice, and support on financial management, ensuring compliance with Group policy, relevant legislation, and best practice to drive strong financial performance.
- Maintaining Financial Controls: Reviewing, implementing, and maintaining financial control systems and policies to ensure compliance with required legislation and best practice, and to enhance financial performance.
- Reporting to Key Stakeholders: Reporting and presenting financial information to Group Executives, Directors, and other key stakeholders to support informed decision-making, business planning, and compliance with financial standing orders.
- Developing External Relationships: Developing and maintaining effective working relationships with external auditors, tax advisors, and investors to ensure efficient service delivery, compliance with regulatory requirements, and to attract and retain appropriate credit ratings.
- Managing Staff Performance and Development: Managing the recruitment, performance management, and professional development of skilled staff to ensure the availability of qualified personnel to achieve performance improvements in line with key performance indicators and strategies.
- Contributing to Special Projects: Contributing, as needed, to special projects and change programmes that support the Group's broader objectives.
Location / Office / Culture
A large, growing, national business with fantastic route for long term growth or further contracting opportunities.
What We Are Looking For
- A relevant professional qualification (ACA, ACCA, or CIMA).
- Team management at a senior level.
- Proven experience of undertaking a similar role within a large, complex organization.
- Working knowledge of financial regulations and good practice principles.
- Experience of working with senior managers and Directors.
- Knowledge of integrated financial systems (SAP desirable).
Why Join the Business
- Lead a critical function within a well-respected organization.
- Make a significant impact on the Group's financial performance and control environment.
- Develop and lead a team of finance professionals.
- Work closely with senior stakeholders across the business.
- Gain valuable experience in the outsourcing industry.
- Learn from a highly experienced senior Chief Finance Officer.
About Us
We are a local accountancy recruitment specialist, dedicated to connecting talented finance professionals with leading businesses in the West Midlands and beyond. If you'd like to discuss this opportunity further or have any questions before applying, please don't hesitate to get in touch directly.
Head of Financial Reporting - Day Rate Contract employer: Transaction Recruitment
Contact Detail:
Transaction Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Financial Reporting - Day Rate Contract
✨Tip Number 1
Network with professionals in the finance sector, especially those who have experience in financial reporting. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in financial regulations.
✨Tip Number 2
Familiarise yourself with the specific financial systems mentioned in the job description, such as SAP. Consider taking online courses or tutorials to enhance your knowledge and demonstrate your commitment to mastering these tools.
✨Tip Number 3
Prepare to discuss your previous experiences in managing teams and financial performance during interviews. Use specific examples that highlight your leadership skills and ability to drive results in a complex environment.
✨Tip Number 4
Research the company’s recent financial performance and any news related to their operations. Being well-informed will allow you to engage in meaningful discussions during interviews and show your genuine interest in the role.
We think you need these skills to ace Head of Financial Reporting - Day Rate Contract
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial reporting and team management. Emphasise any roles where you've overseen financial controls or worked within complex organisations.
Craft a Strong Cover Letter: Write a compelling cover letter that outlines your qualifications (ACA, ACCA, or CIMA) and how your experience aligns with the responsibilities of the Head of Financial Reporting role. Mention your ability to manage teams and your knowledge of financial regulations.
Showcase Relevant Skills: In your application, clearly demonstrate your skills in financial performance management, compliance, and stakeholder reporting. Use specific examples from your past roles to illustrate your capabilities.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your attention to detail, which is crucial for a financial reporting position.
How to prepare for a job interview at Transaction Recruitment
✨Showcase Your Leadership Skills
As a Head of Financial Reporting, you'll be expected to lead a team. Be prepared to discuss your previous experiences in managing teams, how you motivate staff, and any strategies you've implemented to improve performance.
✨Demonstrate Financial Acumen
Make sure you can articulate your understanding of financial regulations and best practices. Be ready to provide examples of how you've ensured compliance in past roles and how you would approach financial controls in this position.
✨Prepare for Stakeholder Engagement
You'll need to report to key stakeholders, so practice how you would present complex financial information clearly and concisely. Think about how you can tailor your communication style to different audiences.
✨Highlight Your Adaptability
Given the dynamic nature of the outsourcing industry, be prepared to discuss how you've successfully managed change or contributed to special projects in previous roles. This will show your potential employer that you're flexible and proactive.