Financial Reporting Specialist
3 weeks ago
Job Overview
As a Financial Reporting Specialist, you will be an integral part of the Finance team at The Openwork Partnership, assisting the Head of Financial Reporting & Control and the Head of Finance & Strategy in the execution of statutory reporting.This position plays a crucial role in the formulation and implementation of best-in-class year-end and consolidation processes, as well as controls within Financial Reporting. As a respected member of the Finance team, you will contribute to achieving operational goals and ensuring a high-quality, cost-effective service to all stakeholders.
Benefits
- Competitive salary of up to £60,000
- Performance-based bonus scheme of 10%
- Pension contributions up to 5%, matched by Openwork
- Coverage for critical illness
- Income protection plan
- Life insurance benefits
- 25 days of annual leave plus bank holidays, with the option to purchase an additional 10 days
- A variety of flexible benefits, including private medical and dental insurance.
- Lead the planning and preparation of statutory and regulatory reporting for the Group and its subsidiaries.
- Oversee interim audits and assist the Head of Financial Reporting & Control with pre-year-end documentation for the Audit Committee.
- Manage tax reporting, including quarterly VAT returns and Corporation Tax estimates.
- Collaborate across the business to represent Finance interests effectively.
- Drive the development of the Financial Reporting Control Framework (FRCF) within external reporting.
- Continuously enhance external reporting disclosures in response to changes in the reporting landscape.
- Work closely with the Head of Financial Reporting & Control and external auditors to ensure compliance with accounting standards.
- Improve the structure and clarity of external reporting documents.
- Handle specific month-end tasks as part of the monthly reporting to the Board.
- Ensure compliance with deadlines and standards in the delivery of external reporting.
Qualifications for Success:
- Qualified Accountant (preferably ACA/ACCA) with a minimum of 1 year of post-qualification experience.
- Strong skills in financial and regulatory reporting, along with technical accounting knowledge.
- Experience in the Financial Services sector is a plus.
- Familiarity with HMRC and FCA reporting is advantageous.
- Proficiency in Microsoft Dynamics GP is a benefit.
- Comprehensive understanding of Financial Services legislation and regulations.
- In-depth knowledge of International Financial Reporting Standards (IFRS).
- Awareness of market and financial risks.
- Understanding of accounting principles in a business context.
- Professional demeanor with a positive and enthusiastic attitude.
- Proven ability to lead and plan statutory reporting effectively.
- Highly motivated self-starter with strong organizational skills.
- Experience in engaging with senior stakeholders.
- Ability to work efficiently under pressure and meet deadlines.
- Excellent communication, collaboration, and stakeholder management abilities.
Why Join Us?
At The Openwork Partnership, we are a dynamic and ambitious organization committed to the growth and development of our employees. We take pride in our inclusive culture, recognized as one of the Best 100 Large Companies to work for in 2022. We believe in empowering our team members to balance their professional and personal lives effectively.In addition to a modern workplace with ample development opportunities, we offer a competitive benefits package, including a robust salary, an industry-leading annual bonus, enhanced pension contributions, critical illness coverage, income protection, and a variety of flexible benefits to reward your hard work.
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