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Financial Control Financial Reporting Manager

Employer
PWC
Location
Lambeth, UK
Salary
Competitive
Closing date
Oct 18, 2019

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Job Role
Financial Accountant
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Job descriptionScope of responsibility and range of impact The UK firm's reporting group comprises circa 60 UK subsidiaries, the Middle East and Channel Islands firms and various joint ventures and associates based in the UK and overseas. Whilst focusing on financial reporting deliverables, statutory reporting and defining the group's accounting policies, the individual will have additional opportunities within the team's other diverse work streams.The role will primarily focus on leading the following areas of the team's responsibilities 1. Year-end reporting 2. Monthly and quarterly reporting 3. Other financial reporting deliverables 4. Accounting policies 5. Other areas1. Year-end reportingThe team leads the end-to-end process for the publication of the UK firm's consolidated annual financial statements under IFRS and are responsible for Producing the consolidated results and financial statements, managing both upwards and downwards effectively to ensure all deadlines are met. Managing the timeline and collection of the information required from various teams across the firm. Owning the relationship with the external audit team to ensure a seamless audit process. Ensuring the firm continues to demonstrate best practice, in line with the PwC values, remaining up to date with the latest financial reporting developmentsManaging the relationship with the firm's client-facing accounting technical team to obtain independent sign-off on significant accounting issues. Providing expertise and data to teams preparing other year-end related publications, including the online annual report, transparency report and sustainability report. Preparing the annual 'country-by-country tax reporting.The team are also responsible for the preparation of financial statements of a range of the firm's UK entities under IFRS, including detailed explanatory memorandums for the entities' directors and OneFinance leadership. This requires liaising closely with the external auditors and internal specialists from the Tax, Treasury and Company Secretarial teams.2. Monthly and quarterly reportingThe team's key deliverables include Monthly consolidated reporting pack Quarterly banking covenant reporting Quarterly reporting to the global network Quarterly Office of National Statistics reporting Monthly central journals Monthly central finance cost centres commentary Supporting the completion and review of balance sheet control process, including ownership of centrally controlled areas, e.g. Goodwill, Investments, Other assets / liabilities, Corporation and withholding taxes3. Other financial reporting deliverablesAs OneFinance's subject matter experts in a variety of financial reporting areas, the team is responsible for Preparing technical accounting papers - in particular relating to acquisitions, disposals, new business areas and new accounting standards. Reserve accounting - including monthly reporting to OneFinance leadership.Global cost accounting - including annual budgeting and ad-hoc forecasting. Acquisition accounting - including preparing goodwill calculations, opening balance entry and clearance and accounting for post-acquisition costs such as deferred consideration. Treasury accounting - including FX analysis and providing technical advice on hedge accounting.4. Accounting policiesThe team proactively ensures the firm's accounting policies remain up to date and lead the firm's response to emerging financial reporting issues and new standards, using the latest thought leadership to steer the firm's response in line with the PwC values.5. Other areasThere are other opportunities to Manage colleagues and supporting the team's overall development. Provide financial reporting expertise to a number of internal teams including Tax, Treasury, acquisition teams, management accounting teams and Partner Office Finance. Provide responses to ad hoc financial reporting queries, such as Engagement tender documents, Central UK and global budgeting and forecasting, Accounting queries from the wider businessEssential skills and experience Technical capabilitiesA relevant qualification (ACA, ACCA, CIMA or equivalent) with experience in financial controls and accounting, either from within business or as an auditor. Demonstrable expertise in Financial reporting requirements, specifically IFRS and interpretation of new standards; and O Enterprise systems and financial control environments. Experience of communicating effectively with a range of stakeholders and relaying complex messages in an understandable manner. Strong planning and organisational skills, as well as excellent attention to detail and curiosity to develop understanding and valuable insights.Whole leadershipStrong team player with the versatility to work effectively in a matrix organisation structure and the ability manage upwards. Strong influencing skills and the confidence to challenge senior stakeholders where appropriate.Business acumenExperience in using innovative technical solutions to drive efficiencies and solve problems. Commercial acumen and pragmatism.Global acumenExperience in understanding the business environment and the interconnectivity of projects, on a local and global level. Ability to apply knowledge from previous global experiences and share knowledge and insight.RelationshipsStrong communication skills, both verbal and written. Ability to build and sustain strong relationships with colleagues and lead firmwide teams of mixed grades and experience. Ability to manage and develop colleagues at all levels, providing support and training where necessary.Internal firm servicesIn order to deliver a first-class service to our clients, we need first-class support internally. Internal firm services is a network of specialist support professionals and includes marketing, recruitment, human capital, finance, technology, learning and development, procurement, to name but a few. Each team plays a vital role in making sure we have all the right resources, services and technology across our business. The skills we look for in future employeesAll our people need to demonstrate the skills and behaviours that support us in delivering our business strategy. This is important to the work we do for our business, and our clients. These skills and behaviours make up our global leadership framework, 'The PwC Professional' and are made up of five core attributes; whole leadership, technical capabilities, business acumen, global acumen and relationships. Learn more here DiversityWe work in a changing world which offers great opportunities for people with diverse backgrounds and experiences. We seek to attract and employ the best people from the widest talent pool, as well as those who reflect the diverse nature of our society. And we aim to encourage a culture where people can be themselves and be valued for their strengths. Creating value through diversity is what makes us strong as a business and as an organisation with an increasingly agile workforce, we're open to flexible working arrangements where appropriate.Learn more here

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