Finance Manager - Group Reporting - Flexible Location
- Recruiter
- Sainsbury's
- Location
- London, Greater London, United Kingdom, United Kingdom
- Salary
- Competitive Benefits
- Posted
- 22 Sep 2023
- Closes
- 07 Oct 2023
- Ref
- 2300054W
- Approved employers
- Approved employer
- Job role
- Finance manager
- Sector
- Retail and FMCG
- Experience level
- Manager
Division/Dept.
Group Finance
Location
Holborn store support centre
Reporting to
Head of Group Financial Reporting / Head of Group Consolidation
The Role
Our Finance function isn't just about championing internal audits and controlling risks. It's about transforming our Finance systems and processes to make sure we're set up for success in the ever changing world of retail. It's generating crucial insights for our business, keeping costs under control and maximising our cashflow. Here you'll see strategic decision making at its finest. We're changing the face of retail. And you can be a driving force.
The Financial Reporting team is responsible for all externally reported numbers, including the Annual Report and Interim Statement. The team writes and owns the Group accounting policies, ensuring compliance with all external reporting requirements, as well as being the key contact for the technical accounting on Group strategic projects.
As a Finance Manager within Group Reporting, you'll be a key member of the Group Finance team, owning the financial accounting for a portfolio of Group companies, as well as a number of technical areas. In addition this individual will work closely with the Head of Financial Reporting and Head of Consolidation in producing the consolidated Group results on a periodic, half year and full year basis.
More about the role
• Maintenance of accounting records for a portfolio of Group companies, including ownership and reconciliation of associated balance sheet accounts, and preparation of statutory accounts
• Liaise with external auditors and the internal Group Reporting team to ensure statutory accounts are prepared and audited within the set timelines
• Be a subject matter expert for a specific accounting area (e.g. pensions, joint ventures, FX, intercompany, reward), owning all accounting entries for subject area and correct presentation within Group consolidated accounts
• Perform complex financial modelling and articulate technical accounting issues to colleagues across the business, including non-finance personnel
• Manage the budgeting and forecasting process for allocated subsidiary entities and accounting areas and provide meaningful analysis and commentary
• Assist with the production of the Group's periodic management accounts, ensuring all consolidation journals are posted and reconciled
• Perform a high standard of ad hoc analysis to support the CFO and Director of Group Finance which identifies key issues and opportunities for improvement
• Input into the Annual Report and Half year process including ownership in the preparation of financial statement notes
• Demonstrate the use of judgment in calculating, presenting and arguing the application of accounting standards to the Group; ensuring that balanced arguments are presented in formal papers to external auditors
More about you:
• Qualified accountant with good knowledge of IFRS standards
• Self-starter who can work independently with minimal support
• Good systems skills (Excel, Oracle, OneStream)
• Excellent communication and influencing skills
• Able to demonstrate a strong customer service ethic
• A critical eye for detail.
• The ability to work under pressure - providing accurate high quality work under tight deadlines
Benefits:
As a Financial Manager, you'll receive a host of great benefits. As well as a competitive salary, rewarding bonus scheme and private healthcare, you will receive a huge range of learning and development opportunities, 26 days' holiday, a save-as-you-earn scheme, pension and staff discounts at Argos and Sainsbury's.
Work-life balance is important to us, so we offer our colleagues as much flexibility as possible in line with the needs of their role. We trust them to decide how, where and when they work, combining remote and collaborative working with a flexible approach to hours, giving them plenty of time and space for life outside of work whilst delivering against our business goals.
#LI-BB1
Group Finance
Location
Holborn store support centre
Reporting to
Head of Group Financial Reporting / Head of Group Consolidation
The Role
Our Finance function isn't just about championing internal audits and controlling risks. It's about transforming our Finance systems and processes to make sure we're set up for success in the ever changing world of retail. It's generating crucial insights for our business, keeping costs under control and maximising our cashflow. Here you'll see strategic decision making at its finest. We're changing the face of retail. And you can be a driving force.
The Financial Reporting team is responsible for all externally reported numbers, including the Annual Report and Interim Statement. The team writes and owns the Group accounting policies, ensuring compliance with all external reporting requirements, as well as being the key contact for the technical accounting on Group strategic projects.
As a Finance Manager within Group Reporting, you'll be a key member of the Group Finance team, owning the financial accounting for a portfolio of Group companies, as well as a number of technical areas. In addition this individual will work closely with the Head of Financial Reporting and Head of Consolidation in producing the consolidated Group results on a periodic, half year and full year basis.
More about the role
• Maintenance of accounting records for a portfolio of Group companies, including ownership and reconciliation of associated balance sheet accounts, and preparation of statutory accounts
• Liaise with external auditors and the internal Group Reporting team to ensure statutory accounts are prepared and audited within the set timelines
• Be a subject matter expert for a specific accounting area (e.g. pensions, joint ventures, FX, intercompany, reward), owning all accounting entries for subject area and correct presentation within Group consolidated accounts
• Perform complex financial modelling and articulate technical accounting issues to colleagues across the business, including non-finance personnel
• Manage the budgeting and forecasting process for allocated subsidiary entities and accounting areas and provide meaningful analysis and commentary
• Assist with the production of the Group's periodic management accounts, ensuring all consolidation journals are posted and reconciled
• Perform a high standard of ad hoc analysis to support the CFO and Director of Group Finance which identifies key issues and opportunities for improvement
• Input into the Annual Report and Half year process including ownership in the preparation of financial statement notes
• Demonstrate the use of judgment in calculating, presenting and arguing the application of accounting standards to the Group; ensuring that balanced arguments are presented in formal papers to external auditors
More about you:
• Qualified accountant with good knowledge of IFRS standards
• Self-starter who can work independently with minimal support
• Good systems skills (Excel, Oracle, OneStream)
• Excellent communication and influencing skills
• Able to demonstrate a strong customer service ethic
• A critical eye for detail.
• The ability to work under pressure - providing accurate high quality work under tight deadlines
Benefits:
As a Financial Manager, you'll receive a host of great benefits. As well as a competitive salary, rewarding bonus scheme and private healthcare, you will receive a huge range of learning and development opportunities, 26 days' holiday, a save-as-you-earn scheme, pension and staff discounts at Argos and Sainsbury's.
Work-life balance is important to us, so we offer our colleagues as much flexibility as possible in line with the needs of their role. We trust them to decide how, where and when they work, combining remote and collaborative working with a flexible approach to hours, giving them plenty of time and space for life outside of work whilst delivering against our business goals.
#LI-BB1
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