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Financial Accounting Director
2 months ago
Job Title: Lead Financial Accounting Manager
About the Role:
This is a highly visible position that will enable the successful candidate to take ownership of our IFRS 16 reporting and shape this exciting project. As a key member of the Financial Accounting Function, you will be responsible for delivering high-quality accounting services through efficient processes and effective management of external service providers.
Key Responsibilities:
- Reporting into the Senior Accounting Manager, you will lead a team of 4 that looks after the accounting for the shared network with Shareholder and Retail estate, both administered by external service providers and report under IFRS 16 and IAS 17.
- You will be technically competent to understand IFRS 16 accounting requirements at a level to effectively review and challenge reporting from the Service Provider and Partner.
- This role provides an excellent opportunity for an individual to apply their technical knowledge of IFRS 16 as well as gaining valuable experience in service level management through being empowered to challenge, implement and lead project initiatives to improve the process and reporting.
- Key focus of the role will be leading the reporting under IFRS 16, improving the processes for this accounting standard.
- You will review and challenge the monthly reports by Partners and reconcile the data back to our General Ledger, ensuring consistency between the GL and IFRS 16 database, following up and ensuring any discrepancies are fixed.
- You will work closely with the Finance Business Partners to ensure they provide the correct information on a timely basis, helping them interpret the reporting on a monthly basis and help prepare the quarterly and annual forecast.
- You will need to build strong working relationships with internal stakeholders, including T&O Finance, FP&A, Financial Reporting team, and finance business partners.
- Supporting the Finance Business Partners on the interpretation of their IFRS16 outputs from Partners (outsourced IFRS16), and with submitting the right information.
- Reconciliation of our General Ledger to outputs, and roll forward of Right of Use Asset accounts and Lease Liability accounts.
- Providing the appropriate information required by the Financial Reporting team for cash flow/working capital/balance sheet reporting & coordination of forecasting & budgeting activity, FP&A and FBPs. Audit deliverables, requests & queries associated with IFRS16.
Requirements:
- Qualified Accountant - ACA ACCA
- Extensive experience providing expert financial competence.
- Uses comprehensive knowledge and skills to act independently on supporting business decisions with professional interpretations of financial information.
- Uses comprehensive knowledge and skills to work independently on costing, budgeting and finance tasks.
- Process Management - Ability to spot opportunities to continuously improve and streamline processes.
- Comprehensive knowledge and skills to act independently while guiding and training others on supporting business decisions with professional interpretations of financial information.
