Vodafone

Financial Accounting Manager

Recruiter
Vodafone
Location
Newbury, Berkshire, United Kingdom, United Kingdom
Salary
Competitive salary
Posted
05 Oct 2022
Closes
07 Oct 2022
Ref
563018675265250
Approved employers
Approved employer
Job role
Accountant
Experience level
Manager
Financial Accounting Manager, Newbury

Role purpose:

Responsible for managing financial accounting and group reporting for Vodafone Business entities

The role will require hands-on accounting expertise on IFRS, strong analytical mindset to analyse and report on balance sheet, strong financial controls focus, and a growth mindset to continuously drive process, reporting and controls improvements.

Key accountabilities and decision ownership:

  • Act as the primary contact with the Group Reporting team based in London to ensure compliance with all accounting standards and implement internal accounting controls and procedures
  • Advise business and finance teams on key accounting matters as and when they come up; write up detailed accounting papers stating the impact of new product propositions and complex transactions; have them reviewed by the senior manager and maintain them in the central Team site; conduct quarterly/frequently control (as preparer) to review NPD and propositions from designated tools and complete the accounting impact assessment; Liaise with relevant Finance Operations Manager to inform of the impact and track relevant actions to ultimately lead to a controlled compliant delivery of the proposition into live systems
  • Prepare or Review where applicable, appropriate reconciliations between various systems and HFM and sign off as a reviewer prior to final reporting submission to the Senior Manager; Act as a back up/cover approver for the senior manager
  • Oversee current FX process outputs performed by offshore and onshore colleagues (revaluation to LC, translation to LC3, consolidation entities), understand the impacts, challenge and investigate where unusual or large fluctuations vs trend noted; sign off as reviewer and approver of the process; ensure Senior Manager is kept informed at all times on process and control issues
  • Oversee Consolidation entities balance sheet; Keep full BS reconciliations (as preparer, or reviewer or approver) and understanding of balances in the consolidation entities (GBZ4, 5, 6 and 7) and ensure that all entries are understood, full supported and represent correct accounting; Limit use of the consolidation entities for designated purposes only
  • Review HFM packs and underlying validation checks by WD5 prior to submission to Senior Manager for second review and final approval; Engage with HFM pack owners as appropriate to investigate any unexplained movements in balances or at TTY level, or differences in Validation checks etc and lead the conversations; present a summary output at the end of each month explaining the details of the review process undertaken
  • Act as Reviewer or Primary approver or Back up approver of certain balance sheet reconciliations;


Financial Controls and Statutory Compliance

  • Support in driving improvement in processes and controls with a focus on efficiency and effectiveness, leveraging key systems; ensure strong SOX-compliant control environment.
  • Drive significant improvements in streamlining extended trial balance through appropriate journal posting in SAP


Core competencies, knowledge and experience:

  • Strong Accounting and Financial reporting experience
  • Applied thinker - using initiative to overcome challenges
  • Excellent oral and written communication skills including presentation skills, within multiple levels of organization.
  • Deadline driven with highest possible accuracy
  • Ability to prioritise and manage time efficiently


Must have technical / professional qualifications:

  • 10+ year's progressive experience, including audit training in professional firm and post qualification experience in Industry.
  • Strong technical accounting background including thorough knowledge of revenue recognition principles, finance lease accounting and experience with International Financial Reporting Standards (IFRS).
  • Extensive familiarity with global accounting processes/procedures and controls (including SOX/ COSO control objectives); demonstrated success in process improvement, with risk-based approach.
  • Experience working across departments to implement new processes and improvement upon existing processes.
  • Telcoms or Software company experience preferred
  • ACCA/ACA qualified or any other appropriate professional qualification


What's in it for you?

28 days holiday (with the option to buy or sell 5 days) plus public holidays
Flexible working
Pension matching scheme of up to 10%
5 paid days leave for charity projects
MyChoices portal - cycle to work scheme, 100's of retail discounts, shares and salary sacrifice schemes
Vodafone family and friends discount
Global parental leave policy for all new parents which includes 16 weeks fully paid leave and upon returning to work, new parents can work part-time hours for 6 months whilst being paid their full-time salary
Access to Vodafone University and LinkedIn Learning

Our commitment

Vodafone is committed to attracting, developing and retaining the best people by offering a flexible, motivating and inclusive workplace in which talent is truly recognised, developed and rewarded. We believe that diversity plays an important role in the success of our business and we are committed to creating an inclusive work environment which respects, values, celebrates and makes the most of people's individual differences - we are not only multinational but multicultural too.

Get to know us better here and find out what life at Vodafone could be like for you on https://careers.vodafone.co.uk/working-at-vodafone

Please contact group.resourcing@vodafone.com for any application-related enquiries.

#groupresourcing

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