Snr Finance Reporting Manager Day Rate Contract
Reading | Hybrid (2-3 days per week onsite)
This role reports into Head of Financial Reporting and sits within the Financial Accounting Function, which is committed to delivering the best in class accounting through deploying efficient processes and effective management of external service providers.
This role leads a team of 3 that looks after the accounting for the shared network with the Shareholders and Retail estate, both are administered by external service providers and report under IFRS 16 and IAS 17.
Principally the role requires effective management of the external service providers to ensure completeness and accuracy of financial records to the Company’s accounting ledgers. You must be technically competent to understand current accounting requirements at a level to effectively translate, communicate and manage source data requirements from the Service Providers. This role provides an excellent exposure for an experienced Reporting Manager to apply their technical knowledge of accounting standards as well as gaining valuable experience in service level management through being empowered to challenge, implement and lead project initiatives to improve the process and reporting.
You will work closely with the T&O (Technology and Operations) Finance team (who own the budget and forecasting of the Network Sites cost) & Shareholder Finance team and oversee the recording of our share of the expenditure (Capex, rent (under IFRS16 & IAS 17), rates and electricity) in excess of £250M per annum for over 14,000 network sites.
Manage the accounting for Shareholders and Retail within the company’s records, under IAS17 and IFRS 16 for the leases.
Review and approve 30 balance sheet accounts, putting controls in place to mitigate or understand the severity of the risk.
Preparation of the IFRS 16 accounting has been outsourced to Supplier and key part of the role will be to work closely with Supplier and Shareholder to improve the accuracy and delivery of the IFRS 16 Reporting.
This is a great opportunity that will enable the successful candidate to understand the nature of our shared network agreement, and understand the financials of network management.
This is a highly visible role and provides great development opportunity, as you will be managing several high profile external service providers and internally liaising with senior management on regular basis.
Experience of working in a month end environment with experience of General Ledger close processes and month end reconciliation requirements.
Strong Financial Accounting skills.
Intermediate Excel.
Working knowledge of Oracle.
To apply for the Senior Finance Manager please send your CV to Jagadeshwar.