Financial Reporting Manager
- BDO UK
- Competitive salary
- 28 Mar 2023
- 28 Apr 2023
- Approved employers
- Approved employer
- Contract type
- Full time
- Experience level
Ideas | People | Trust
We’re BDO. An accountancy and business advisory firm, providing the advice and solutions entrepreneurial organisations need to navigate today’s changing world.
We work with the companies that are Britain’s economic engine – ambitious, entrepreneurially-spirited and high‑growth businesses that fuel the economy - and directly advise the owners and management teams that lead them.
We’ll broaden your horizons
The Business Services and Outsourcing team are essential to meeting our clients' evolving requirements. As well as delivering long-term, sustainable value to businesses by providing a range of solutions such as accounting, payroll and compliance services, they also play a key role in tying together many of our services across BDO both domestically and internationally. By building deep and meaningful relationships with a range of clients from ambitious entrepreneurial SMEs to large multi-national groups, our BS&O team don’t just advise on their specific business challenges, they open doors for other teams to provide our firm’s wider service offering. To succeed in this agile environment, you’ll need to demonstrate excellent problem-solving skills and initiative. In return, you’ll have the opportunity for progression, and the chance to develop in one of the industry’s most exciting and varied roles.
We’ll help you succeed
A Manager’s primary responsibility is to manage the team on a day to day basis and to build and sustain external and internal client relationships. You have responsibility for the management of a portfolio of clients including fee negotiations, control of billings and cash collections within the firm’s criteria.
In managing an assignment you will determine resource requirements, monitor team progress against budget and timeframes, review work of more junior members of the team and resolve issues prior to Director or Partner review.
As a manager you will play a key role in developing relationships with existing clients and proactively seeking out new opportunities for BSO as well as engaging with other departments to ensure a cross stream approach to business development activities.
- Manage client assignments, which includes determining the resource requirements, monitoring progress against budget and established timeframe, review of work completed by junior team members and resolving all project issues prior to Partner and Director review.
- Manage the overall team on a day-to-day basis.
- Manage a portfolio of clients including client take on procedures, agreeing scope, fee negotiations, control of billings and cash collections within the firm’s criteria.
- Acts as a major point of contact within the firm for the client together with the partner. This includes responding quickly to, as well as anticipating, client requests/needs, keeping clients informed of progress in relation to all aspects of the service provided and maintaining regular contact with clients.
- Ensure that the firm’s risk management and quality control procedures are adhered to
- Recruit, retain, develop and motivate our employees (includes participating in recruitment, ensuring job appraisal documentation is completed within deadlines and ensuring appropriate objectives and development plans are in place for appraisees).
- Work as part of management team on issues such as resource planning, staff retention, merit rate meetings, improving our tools and processes and efficiency gains
- Keep up to date with all technical developments in order to ensure continued excellent delivery of services to the client.
- May develop a specialism and actively work to identify new business opportunities in that market
- Build sustainable relationships with clients, and take point responsibility for delivering answers to clients in most cases.
- Puts quality first in every client interaction by ensuring accuracy, timeliness and honesty
- Encourages team members to put their ideas forward to improve the BDO experience for clients
- Acts within agreed fees, scope, deliverables and timescales and support the team to deliver on promises
- Solicits feedback from clients and acts promptly to amend or improve client service
- Escalates potential overruns and does not put off difficult conversations
- Identify and recognise new project and business opportunities for BSO, and inform the partner and client as appropriate. Acts as an ambassador of the firm, participates in marketing events, keeps abreast of the wide range of services the firm offers and suggests innovative products and services.
- Contributes to bidding for new work and supports senior people as needed
- Builds relationships with existing clients and seeks out new opportunities
- Takes the time to reflect on and learn from experience
- Understands wider BDO service offering and can spot opportunities outside the stream
- Personally invests the time and energy in building BD and management skills
- Encourages others to build networks and get into the market
- Introduces professional contacts to others as appropriate
- Demonstrates a “can do” attitude for assignments and is enthusiastic to learn new skills
- Takes personal responsibility for delivery of projects and tasks
- Is an effective people manager and delivers results through others
- Coaches team members to deliver results
- Knows when to delegate and when to take personal responsibility
- Undertakes effective performance reviews discussions with team members
- Seeks regular feedback on own performance and acts on findings
- Sets realistic but stretching performance targets for self and others
- Understands their impact on other people
- Knows own strengths and limitations
- Undertakes difficult conversations when necessary
- Acknowledges and praises people for their effort and achievements
- Offers solutions rather than presenting problems
- ACCA/ACA Qualified or equivalent
- Proficient at Microsoft Office especially Excel.
- Excellent knowledge of accounting packages eg. Xero, Sage Quickbooks etc
- Excellent knowledge of UK GAAP and FRS 102, experience of Caseware and consolidations preferred.
- Experience of managing client assignments
- Experience of identifying and developing new business leads
You’ll be able to be yourself; we’ll recognise and value you for who you are and celebrate and reward your contributions to the business. We’re committed to agile working, and we offer every colleague the opportunity to work in ways that suit you, your teams, and the task at hand.
At BDO, we’ll help you achieve your personal goals and career ambitions, and we have programmes, resources, and frameworks that provide clarity and structure around career development.
We’re in it together
Mutual support and respect is one of BDO’s core values and we’re proud of our distinctive, people-centred culture. From informal success conversations to formal mentoring and coaching, we’ll support you at every stage in your career, whatever your personal and professional needs.
Our agile working framework helps us stay connected, bringing teams together where and when it counts so they can share ideas and help one another. At BDO, you’ll always have access to the people and resources you need to do your best work.
We know that collaboration is the key to creating value for the companies we work with and satisfying experiences for our colleagues, so we’ve invested in state-of-the-art collaboration spaces in our offices. BDO’s people represent a wealth of knowledge and expertise, and we’ll encourage you to build your network, work alongside others, and share your skills and experiences. With a range of multidisciplinary events and dedicated resources, you’ll never stop learning at BDO.
We’re looking forward to the future
At BDO, we help entrepreneurial businesses to succeed, fuelling the UK economy. Our success is powered by our people, which is why we’re always finding new ways to invest in you. Across the UK thousands of unique minds continue to come together to help companies we work with to achieve their ambitions
We’ve got a clear purpose, and we’re confident in our future, because we’re adapting and evolving to build on our strengths, ensuring we continue to find the right combination of global reach, integrity and expertise. We shape the future together with openness and clarity, because we believe in empowering people to think creatively about how we can do things better.
For further information, and to apply, please visit our website via the “Apply” button below.