a Our client is a growing £800m turnover multi-site business who seek to hire a Financial Reporting Manager. The role will suit an ACA or ACCA qualified accountant who is looking for a broad role managing a team of 6. The Financial Reporting Manager will join a business who has grown over the past 20 years via a series of shrewd acquisitions and a strategy of brand segmentation, the business has created strong growth and made it recognisable brand. It's nimble, entrepreneurial, customer-oriented culture. The role will have a number of core areas to include: Staff management
• Manage and develop the financial reporting team (2 qualified accountants and 4 part-qualified accountants) Statutory accounts and audit
• Oversee the preparation and review of the statutory accounts for all UK and Ireland group entities (circa 45), including multiple group consolidations under UK GAAP and a charitable foundation under charities SORP. Ensure compliance with all necessary local filings for other European entities.
• Review of current and deferred corporation tax computations and associated disclosure notes in statutory accounts.
• Providing technical accounting support to the business, including in respect to capex, consolidations, FOREX, non-controlling interests, acquisitions and group reorganisations.
• Manage the preparation of iXBRL-compliant statutory accounts files in support of year end corporation tax computations.
• Serving as primary contact to PwC statutory audit team, monitoring provision of audit information from wider finance teams, communicating deadlines and negotiating resourcing issues as appropriate. Management accounts
• Manage the preparation of the detailed monthly group management accounts pack, producing the narrative commentary pack for the Board and private equity investors.
• Manage the preparation of the quarterly covenant reporting for bank finance lenders and responding to bank lender queries on results. Annual budget
• Leading annual group budget cycle, including setting timetable, agreeing deliverables and monitoring provision of budget information from business units.
• Reviewing budget submissions and consolidated P&L, balance sheet and cash flow schedules, providing challenge where necessary to ensure robust budgets are submitted to the Board for approval. Projects
• Leading adhoc projects (to include group simplification project and implementation of Corporate Governance Reform) where appropriate to improve management reporting and internal control processes.
• Active role in acquisitions, refinances and other adhoc reporting matters Balance sheet review
• Champion and drive team use of Blackline reconciliation software tool for monthly and quarterly balance sheet account reconciliations, ensuring all required reconciliations are being performed to agreed group standard, with any associated risks/opportunities identified and effectively communicated.
• Review of reconciliation methods for relevant accounts with clear recommendations for improvements where necessary and influencing change. A salary of £60,000-£65,000 is on offer plus benefits.