Description
Our client, require a Group Financial Accountant to join their London Head Office on an initial 3 month contract basis.
Main Purpose of the Job:
- To be responsible for the production of the business consolidated statutory reporting requirements.
- The role includes working with all divisional finance teams as well as the corporate head office functions to prepare the quarterly consolidated reporting information including the half year financial statements and the annual report.
- The role requires a good degree of technical knowledge around both International Financial Reporting Standards and UK GAAP.
- Experience of large and complex consolidation is essential.
In addition, the role also requires:
Key Responsibilities:
- Production of UK GAAP statutory accounts of the business holding companies and related tax packs;
- Providing the deliverables for external audit and liaising with the auditors;
- Writing technical accounting papers on financial reporting developments and the impact on Ladbrokes plc;
- Providing financial accounting input on ad-hoc projects such as acquisitions, disposals, investment appraisal, share based payments etc;
- Support the Group Treasury Accountant in quarterly close procedures (as such knowledge/experience of treasury accounting is desirable but not essential);
- Support the implementation and maintenance of appropriate internal controls within the Group Finance function including authorisation of bank payments.
Key Accountabilities:
- Responsible for quarterly consolidation of statutory information of circa 15 trading operating entities and circa 30 head office entities. Review of all reporting packs and posting of appropriate journals in the Outlooksoft consolidation system to correct any submissions as well as posting consolidation journals to eliminate intercompany, investments, tax and any other necessary consolidating areas.
- Assist in preparation of both the Interim PLC and Year end Group consolidated accounts which includes specific liaison with the Group head office departments including tax and treasury, to ensure the appropriate accounting entries are booked. Additionally liaising with corporate secretariat, investor relations and the Designers of the year end accounts where necessary to help pull together the overall Group accounts.
- Ensure the underlying SAP/Outlooksoft system is updated on a regular basis to meet the demands of the changing statutory reporting environment. This involves working closely with the Financial Systems Accountant.
- Prepare a number of the business statutory accounts, liaising with the auditors, group tax and company secretariat and other divisional departments.
Skills/Qualifications required:
- Qualified ACA/ACCA or at finals stage part qualified would also be considered
- Familiarity with SAP/Outlooksoft reporting systems or experience of another consolidation system and be proficient in the use of excel.
- Genuine desire to work in a group finance function of a UK plc
Experience of working in industry (finance department of a plc) - Need to work to tight deadlines, therefore must be well organised, flexible and have a high level of self-motivation.
- Need to work well under pressure
- Good communication skills are essential, as is the ability to establish effective working relationships with the finance teams and corporate departments.
- Need to be assertive and confident
- Good knowledge of IFRS and UK GAAP
- Knowledge and experience of treasury accounting desirable