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Head of Group Financial Reporting

Marc Daniels
Posted 12 hours ago, valid for a month
Location

High Wycombe, Buckinghamshire HP13 6LE, England

Salary

£650 per day

Contract type

Part Time

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Sonic Summary

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  • An international market leader is seeking an interim Head of Group Financial Reporting to oversee consolidated Group reporting and enforce financial controls.
  • The role requires a professional accounting qualification (CIMA, ACA, or ACCA) and at least 5 years of experience in financial reporting and team management.
  • Key responsibilities include ensuring accurate group consolidation, aligning accounting for newly acquired entities, and maintaining a strong controls environment.
  • The position offers a competitive salary of £90,000, with a focus on stakeholder management and collaboration to optimize financial performance.
  • Candidates must possess strong technical accounting skills, a detailed understanding of IFRS, and the ability to develop and mentor team members.

An international market leader require an interim Head of Group Financial Reporting to lead accurate and timely consolidated Group reporting including off ledger entities and implementing financial controls to comply with internal policy and regulatory requirements. You will possess excellent stakeholder management and collaboration skills to optimise financial performance and mitigate risks.

Key responsibilities:

  • Accountable for accurate and efficient group consolidation (including off ledger entities) and elimination processes in line with group accounting policies and standards across all entities on a monthly basis.
  • Accountable for posting and recording the correct accounting transactions for sale purchase and trade and asset acquisitions at time of acquisition and subsequent fair value adjustments.
  • Key strategic lead for aligning the accounting of newly acquired entities with the group policies and providing support to those teams at acquisition and on an ongoing basis including review of monthly submissions.
  • Ownership and oversight of the process for all areas in scope, including highlighting risk items or areas of concern, ensuring a strong controls environment is embedded across the team.
  • Provide ongoing support for any Group structure related activities such as group reorganisation, hive ups and strike offs to ensure all transactions captured appropriately at entity and consolidated level.
  • Creation and ownership of standard operating procedures, driving automation, efficiency and a strong controls framework.
  • Ensure you are a key point of contact for the external audit team working together on time and cost minimisation across your areas of responsibility. Assist in development and production of key strategic information in particular for Head of FP&A.
  • Act as a trusted advisor to senior leadership in particular the Group Financial Controller, providing expertise and guidance to support decision-making.
  • Provide coaching and development to team members to create a highly motivated loyal and engaged team. Support team in taking initiative and problem solving.

Our essential requirements:

  • Professional accounting qualification (CIMA, ACA or ACCA)
  • Strong technical accounting and group reporting skills
  • Experience of managing and developing a team.
  • Detailed understanding of the requirements of the financial standards, in particular IFRS and consolidated financial statements.
  • Comprehensive knowledge of process and control frameworks.

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