Senior Finance Reporting Manager – IFRS 16

Snr Finance Reporting Manager – IFRS 16

Contract

Reading | Hybrid (2-3 days per week onsite)

Immediate starters

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.

The Snr Finance Reporting Manager – IFRS 16 will lead 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. Further, you will be required to implement initiatives to improve and track service level requirements.

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.

Other responsibilities of the Snr Finance Reporting Manager – IFRS 16, include:

• 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.
• Key part of the role is managing the communication and relationship with a new Telco who have recently purchased large volume of cell sites from the company and require close liaising with during the transition period.
• Internal and External Stakeholder engagement
• 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 cash flow forecast related to the Shareholder and IFRS 16.
• Leading the reporting under IFRS 16. 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.

The successful Snr Finance Reporting Manager – IFRS 16, will have:

• Qualified ACA
• Minimum 7 years PQE.
• Experience of team management.
• Experience of managing external and internal stakeholders and 3rd party contracts.
• Experience of working in a month end environment with experience of General Ledger close processes and month end reconciliation requirements.
• Experience of working with external auditors.
• Analytical skills with attention to detail.
• Strong Financial Accounting skills.
• Intermediate Excel.

To apply for the Snr Finance Reporting Manager – IFRS 16, please send your CV to caroline.kennedy@projectpeople.com