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Lead Financial Operations Manager
2 months ago
Position: Lead Financial Operations Manager - Lease Management
Please ensure you thoroughly review the details in this job listing to fully comprehend the expectations for prospective candidates.
Work Environment: Office-Based
Employment Type: Full-Time / Permanent
Compensation: £57,475 - £67,925 & Performance Bonus (Based on Experience)
Organization: EG Group
Overview of the Role
Our corporate team is pleased to announce a new opening at EG Group for a Lead Financial Operations Manager (Lease Management) to join our central office. The ideal candidate will play a crucial role in establishing reliable and precise financial reporting concerning the organization's extensive lease portfolio while providing cross-departmental support for commercial decision-making.
Reporting directly to the Group Financial Reporting Director, the Lead Financial Operations Manager (Lease Management) will be an integral part of the Group Reporting team and will also offer continuous assistance to Country Finance and the Group Property & Real Estate division.
This position will focus on the application of comprehensive IFRS16 expertise to deliver thorough financial analysis. The organization seeks a candidate who can leverage relevant professional experiences to enhance the current control framework while managing data related to our IFRS16 database as part of a broader Internal Control over Financial Reporting (ICFR) initiative.
Key Responsibilities
- Oversee the update and management of the organization's extensive lease portfolio, ensuring compliance with IFRS16 accounting standards.
- Maintain control and ownership of data processed and extracted from the organization's lease management software.
- Lead the preparation of monthly reconciliations and supporting documentation for country finance teams, including:
- Creation of journal entries in the financial system.
- Ensuring consistency of Right of Use (RoU) assets and liabilities across reported figures at both local and consolidated levels.
- Maintain ownership of the process and control environment from record to report concerning RoU assets and liabilities under IFRS16.
- Serve as the primary contact for various stakeholders, including:
- Group Finance
- Estates Team (Group and Country)
- Country Finance teams
- External Auditors
- External Advisors
- Software Providers
- Assist in determining the organization's Incremental Borrowing Rate (IBR) and ensure its proper application.
- Lead a standardized approach for IAS 17 methodology to support monthly external reporting across the organization's Key Performance Indicators (KPIs).
- Conduct routine data integrity testing and validation, including:
- Retrospective reviews
- Source data verification
This list is not exhaustive and may be updated as necessary.
Candidate Profile
- Leadership & Management Skills
- Financial Accounting Expertise
- Compliance & Audit Management
- Technical Accounting Knowledge
- Stakeholder Relationship Management
- Process Mapping & Improvement Skills
- Risk Management Acumen
- Proficiency in Financial Systems
Qualifications / Experience:
- ACA qualified (or equivalent)
- In-depth understanding of IFRS16 accounting treatment
- Experience in business partnering, financial reporting, and commercial analysis is advantageous
- Ability to thrive in a dynamic, fast-paced business environment, multitask effectively, and meet deadlines
- Strong interpersonal and communication skills
- Proficient in MS Office applications, particularly Excel, Word, and PowerPoint; experience with financial software is desirable
Benefits & Perks
- Performance-Based Bonus Scheme
- Private Medical Insurance
- Employee Life Assurance
- Discounts at various retailers and restaurants
- Access to a comprehensive online course library for professional development
- On-site facilities including a café and secure parking
- Flexible working hours and dress-down days
- Employee Assistance Program for well-being support
About EG Group
EG Group is a prominent independent convenience retailer with a vast network of locations across international markets, including the United Kingdom, Ireland, Europe, Australia, and the United States.
Established in 2001, the company has evolved into a leader in innovative forecourt convenience retailing, recognized for its investment model and commitment to delivering exceptional customer experiences across Grocery & Merchandise, Foodservice, and Fuel sectors.
Our transformative business model is built on strong partnerships with leading retail brands and strategic acquisitions, supported by new industry developments.
Our dedicated workforce consistently delivers quality products and services to millions of customers while actively supporting the communities we serve.
Please note that the successful candidate will undergo a background check funded by EG Group.