Head of Financial Consolidation and Reporting

4 days ago


Ilford, Greater London, United Kingdom Armstrong Knight Full time
Job Description

Armstrong Knight is seeking a highly skilled and experienced professional to fill the role of Head of Financial Consolidation and Reporting. This is a critical position that requires a deep understanding of financial reporting and consolidation principles, as well as excellent leadership and communication skills.

Key Responsibilities
  1. Financial Consolidation and Reporting: Own the group consolidation process, preparing consolidated group accounts across c150 entities, including Joint Venture and entity (UK and other territories) statutory accounts.
  2. Quarterly Reporting: Prepare quarterly Consolidated management reports in a timely manner with underlying analysis around key areas & perform quarterly balance sheet reconciliation reviews.
  3. Statutory Audit: Lead the preparation of group statutory audit, and liaise with the audit team to ensure the smooth running of the process.
  4. Reporting Function Development: Develop and improve the Group's consolidation reporting function using current platforms of Excel and sourcing of new consolidation software where appropriate.
  5. Accounting Advice: Ensure appropriate accounting advice given for any transactions into Group e.g. acquisitions and subsequent inclusion in group consolidation, together with ensuring all shareholder, JV agreements are in place and reflect the business relationship.
  6. Financial Planning: Liaise with Investments and Legal to prepare forward projections on a rolling 3 month basis to assist with cash flows and lending requirements.
  7. Compliance: Ensure compliance with FRS102, preparing technical papers for review and circulation on business activities and associated accounting treatment.
  8. Accounting Standards: Undertake a technical review of accounting standards and assess their impact on Group accounting policies and reporting.
  9. Accounting Policies: Assist in implementing a head office department budget process and review.
  10. Accounting Manual: Regularly review and revise the Group accounting policies and accounting manual.
Requirements
  1. Qualifications: Qualified ACA/ACCA/ACMA Accountant with extensive PQE Experience.
  2. Knowledge: Extensive knowledge of GAAP (UK GAAP/FRS102 essential).
  3. Experience: PQE Experience of consolidating a large number of entities- subsidiaries and joint ventures.
  4. Skills: Excellent communication skills, both written and oral.
  5. Problem Solving: Problem solving, innovative thinking, able to see the wider business and commercial implications of ideas/projects.
  6. Organisation: Well-organised, able to manage complex projects and enable/monitor the contribution of others.
  7. Corporation Tax: Basic experience of Corporation Tax.
  8. Accounting Software: Experience of Coins accounting package would be desirable.


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