Head of Financial Reporting Policy

1 month ago


United Kingdom Wpp Group Full time

Head of Financial Reporting & Control - 12 month FTC

Group Financial Controller

GroupM is part of WPP plc and is the world's leading media agency group.

As the world's largest media investment management business, we do this through the intelligent application of our scale.

We invest in people, content, technology, and data to drive growth for our clients ' businesses , providing intelligence to find or create valuable audiences and outcomes. Our leadership, inventiveness and scale drive success for our clients, our partners , and our people, and we strive every day to be renowned as the UK's most trusted, innovative, and successful agency network.

This role sits within the Controllership team of the GroupM UK Finance team. It headed up by the Group Financial Controller and contains c70 staff .

The role is a newly created and Senior role within the GroupM UK Finance team. The Head of Financial Reporting & Control will lead a team of 4 across all Financial Reporting, compliance and central accounting activities.

The Head of Financial Reporting & Control will lead on all audits across the Group including group audit, stats audits, WPP internal audits and SOX ensuring audits run in line with agreed timetables and supporting the team in resolving auditor queries and agreeing audit deliverables . There is a challenging audit schedule in FY24 and t he role will also lead on the new auditor transition from FY24.

There will be a strong emphasis on providing first-class support across the wider controllership and Finance teams, providing the team with the resources and information required for their roles

Lead all audits across the GroupM UK market including Group audit, stats audit and SOX, supporting the team in resolving auditor queries quickly , coordinating audit deliverables and timetabling
A ccountability for audit and compliance deadlines and financial statements (content and filings)
Tracking key compliance and reporting deadlines, and ensuring these are communicated to the team, helping the team manage multiple priorities and managing wider Group expectations
Creating fir s t-class Financial Reporting support for the wider Controllership team and identifying opportunities to reduce workload across the Controllership team and creat ing efficiencies
Ensuring WPP and GroupM policies are communicated, understood by the team and adhered to ensuring the team have the resources they require to do this
Manage relationships with various stakeholders including auditors, Risk & Compliance teams, the wider finance team and WPP teams
Implement regular balance sheet reviews with the Controllership team with the aim of understanding the balance s heet in detail, identifying opportunities to standardise processes , maintaining a log of balance sheet risks & Opportunities and driving the timely resolution of balance sheet issues
Helping to drive forward reductions in intercompany balances supporting the Intercompany Senior FC as appropriate
Support on SOX on an ad hoc basis as required due to team absences identifying opportunities to centralise controls where possible
Leading on embedding robust Transfer Pricing procedures across the UK market to meet WPP requirements and overseeing tax compliance ensuring all VAT and tax returns are completed on time
Providing technical accounting guidance to the wider finance team
Identifying opportunities to standardise processes and approaches across statutory accounts , accounting policies and financial reporting processes working with the T&I team to initiate projects

Qualified accountant (ACA, ACCA, or equivalent) with at least 5 years PQE
Significant and recent experience required from audit practice to be able to understand audit approaches and challenge as appropriate
IFRS accounting
Ability to influence key senior stakeholders across finance
We view everyone as an individual and we understand that inclusion is more than just diversity - it's about belonging. If you need assistance or an accommodation due to a disability, please email us via [email protected] .



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