Exciting opportunity for a part-qualified or fully qualified finance professional ( ACA/ACCA) to join an AIM listed business and market leader. Reporting to the Group Financial Controller you will actively engage with a variety of stakeholders within the business to decentralise key processes from central Finance:
Key Responsibilities:
*Implement IFRS16 lease accounting as a BAU process in the subsidiary entities across the group, as the latter phase of the project. Thereafter, be responsible for the co-ordination of IFRS 16 end to end process, maintain the lease accounting software and ensure monthly reporting is delivered in an accurate, complete and timely manner.
*Implement bad debt provision policy in accordance with the IFRS9 expected credit losses ("ECL") model as a process in the subsidiary entities.
*Support the implementation of a group consolidation reporting tool, to move away from the current Excel based process.
Objectives:
IFRS16 lease accounting:
*Support and train Finance leads in the subsidiary entities to implement IFRS16 as a BAU process, to enable central Finance to oversee as opposed to perform.
*Manage and co-ordinate the input data into the lease accounting software, resolve discrepancies / incomplete information with relevant stakeholders in a timely manner.
*Prepare monthly, quarterly and annual lease reporting information for group companies, ensure accuracy and completeness of data in a timely manner.
*Prepare analytical reviews to ensure quality of information reported.
*Proactively seek opportunities to streamline and improve accounting processes and controls to support the quality and efficiency of IFRS 16 financial close, reporting and audit processes.
*Maintain group wide compliance of IFRS16 accounting with policy and standards.
*Resolve technical IFRS16 queries and be the first point of contact with relevant stakeholders.
IFRS9 expected credit losses
*Support and train Finance leads in the subsidiary entities to implement IFRS9 as a BAU process, based on the ECL calculation process already established within central Finance.
Group consolidation reporting tool
*Support central Finance to implement a group consolidation tool for management and statutory reporting.
*Assist with central Finance chart of accounts and mapping, establishment of processes and training of subsidiary entity Finance leads.
General
*Remediation of identified audit concerns and queries with respect to these key processes.
*Ad hoc requests as required by the business.
Knowledge and Experience Required:
*To succeed, candidates should have an appropriate professional accounting qualification (i.e. ACA, ACCA) with significant experience in financial reporting and financial control framework.
*Demonstrate technical and applied accounting with detailed working knowledge of IFRS 16.
*Experience in control and analytical skills from a commercial or audit background.
*Experience in implementation / significant change of financial accounting and reporting tools.
Applied skills:
*Strong interpersonal, verbal and written communication skills, able to clearly present, explain and teach financial reports and concepts.
*Meticulous, mathematical mind-set, able to interpret and manipulate data.
*Attention to detail; time management; follow up of key actions.
*Strong proactive problem-solving and analytical skills
*Reliable; trustworthy; honesty; integrity
*Willingness to travel to undertake responsibilities