Head of Finance, Technical Accounting

1 day ago

London, United Kingdom www.grapevinejobs.co.uk - Jobboard Full time

An exciting opportunity to join the BBC Studios (BBCS) Group Finance team on a 12 month FTC basis to cover parental leave.

ABOUT BBC STUDIOS

BBC Studios is a world-renowned content studio and channels & streaming business, powered by British creativity, with a reach that touches audiences in every corner of the globe.

We work with outstanding creative talent who are responsible for platform-defining shows from Strictly Come Dancing to Bluey, Prehistoric Planet to Planet Earth III.

The range and quality of our content is unsurpassed, creating critical and commercial successes and global phenomena.

From BAFTAs to RTS Awards, BBC Studios is Britain’s most awarded production company and the only producer with three of the top ten shows on IMDB; we’re the home of bbc.com, the widest-read English language news website in the world; and the UK’s largest distributor of British content.

THE ROLE

This role oversees the external reporting for the business and manages a team of one Finance Manager and three Finance Analysts. Reporting to Director of Finance for BBCS Group, the role will encompass technical accounting, external reporting and other controllership activity.

This HoF will support the Director of Group Finance and Head of Group Finance with responsibility for statutory and external reporting requirements for BBCS. You will play a pivotal part in shaping and supporting BBCS Finance teams to achieve strong technical accuracy and you will manage the group audit and year end process.

Key Responsibilities and Accountabilities:

  • Monitor existing and new accounting policies for the group to ensure they comply with all relevant accounting standards (IFRS)
  • Communicate changes to accounting policies and practice to relevant stakeholders across the business and ensure that accounting policies are applied consistently throughout the group
  • Review complex contracts and ensure accounting treatment is compliant with group policy and IFRS and ensure your team is providing sufficient technical advice to the wider business on such areas
  • Review technical summary papers for complex accounting transactions or business issues.
  • Business partnering with other departments (Tax, Treasury, Legal, Corporate Finance) and operating business areas to consider and advise on new or complex accounting scenarios to support decision making.
  • Oversee the relationship with BBC Group Reporting team to ensure that periodic reporting is accurate, timely and complies with all relevant accounting standards and regulations
  • Oversee relationship with NAO with regards to audit queries on BBCS
  • Review the group's financial statements and provide technical accounting input where required
  • Oversee the financial statement preparation process for various BBCS commercial subsidiaries via your team
  • Provide information, support, and liaise with external auditors and advisors.
  • Lead a high-performing team that supports the key objectives outlined here, providing strong line-management support, mentorship and development opportunities where appropriate
  • Additional ad hoc work, projects and analysis to support the team and wider business
  • Oversee the group-wide hedging and foreign exchange risk management programme, including associated reporting
  • Provide tax reporting for the group and liaise directly with tax team throughout the year on corporate tax matters
  • Oversee the review of balance sheet reconciliations status and drive continuous improvement on controls to meet future legal requirements
  • Oversee and advise on statutory account filing and compliance globally.

WHAT DOES IT TAKE?

ESSENTIAL CRITERIA:

  • You’ll have extensive experience and a deep understanding of IFRS and technical accounting concepts and policies. You will understand the consolidation principles in an international group, including an awareness of the impact of foreign exchange on trading performance
  • You will be accomplished in communicating, managing and co-ordinating consolidation across a multidivisional organisation and will demonstrate enthusiasm and commitment to improve the effectiveness of financial reporting processes, using initiative, anticipating issues and develop sensible, practical solutions to deliver high quality output to tight deadlines.
  • You’re a confident team player with strong influencing, facilitation and communication skills with a collaborative approach, acting for both local and global needs.
  • You’re a skilled team-leader with proven experience in developing a high-performing team, and a track record of developing and mentoring direct reports.

PACKAGE DESCRIPTION

  • Contract length: 12 month fixed-term contract
  • Salary: up to £92,000 depending on relevant skills, knowledge and experience, plus bonus and London Weighting of £5319.
  • Location: Office Base is Television Centre, London. This is a hybrid role and the successful candidate will balance office working with home working.

WHAT WILL YOU GAIN FROM WORKING AT BBC STUDIOS?

  • We offer a competitive salary package
  • Flexible 35-hour working week for work-life balance
  • Parental leave for new parents, regardless of gender, of up to a year with 18 weeks fully paid
  • 26 days holiday (plus an additional day which is a Corporation Day) with the option to buy an extra 5 days
  • A defined pension scheme and discounted dental, health care, gym and much more
  • A comprehensive Employee Assistance Program (EAP)
  • Excellent career progression – access to courses, webinars, workshops and the opportunity to work in different areas of the organisation.
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