Head of Group Reporting
Posted 2 days 11 hours ago by Domestic & General Service GmbH
Closing Date: 3rd December 2024
We have a great opportunity for a Head of Group Reporting in our UK Finance department. This is a key role in the financial reporting team, with responsibility for leading the production of the Groups' Annual Report & Accounts, monthly reporting to D&G's owners and leading finance change including identifying areas for improvement. As part of leading the production of the Annual Report & Accounts, the role will interact with our key internal and external stakeholders.
At Domestic & General, we are proud of our 100-year legacy and excited about our future growth plans. We are expanding our horizons, entering new markets and territories internationally and we need your expertise to help us on the journey.
Key Responsibilities will include:
- Oversight of the monthly Group consolidation process
- Lead the day-to-day management of monthly and annual reporting process with BAU divisional teams to ensure reporting is timely and in line with requirements
- Ownership of the production of the Group (IFRS) Annual Report and Accounts including compliance with all reporting requirements - e.g. Strategic Review
- Ownership of the production of Holdco subsidiary statutory accounts
- Own and prepare the relevant finance accounting papers for the Group Audit & Risk Committee ('ARC')
- Liaise with Company Secretarial to agree the Group ARC agenda and liaise with external auditor as required
- Lead the quarterly financial reporting in line with external debt obligations
- Lead the day-to-day relationship with external audit team
- Ensure the Group is compliant with all relevant accounting technical pronouncements and standards including horizon scanning and preparation of accounting papers as required, liaise with external audit etc.
- Lead delivery of timely, accurate financial information and analysis as required
- Lead the optimisation of Workday for financial reporting including identifying areas for improvement and working with Divisional finance teams
- Lead embedding the new IFRS 17 process into Finance BAU
- Oversight BVCA / Walker reporting as appropriate
- Ensuring appropriate financial controls and processes are in place throughout the Group including embedding of the new D&G Financial Reporting Control Framework ('FRCF')
- Identify areas for improvement in the financial reporting process and lead the required change as appropriate
- Assist with ad hoc finance projects and provide support to the Director of Corporate Finance as required
- Development and coaching of the Group Reporting and Accounts Payable teams
- Be a key member of the GFC leadership team and support wider Finance initiatives e.g. Engagement etc.
- Oversight of the Accounts payable/credit control team including optimisation of use of the Workday Purchase to Pay (P2P) module
- Preparation of financial information required for potential exit (IPO, trade, secondary)
Skills and experience required:
- Role requires the holder to be a qualified accountant (ACA) with experience of financial reporting.
- Strong accounting knowledge (IFRS, UK GAAP and Companies Act, with a good understanding of the regulations governing financial reporting)
- Able to make sound day-to-day accounting decisions and solve accounting issues and problems
- Experience of working with senior stakeholders is critical, together with managing a team.
- Effective written and verbal communication skills, with the ability to articulate complex information simply to non-finance stakeholders
- Able to demonstrate good attention to detail, good judgment showing logical decision making, and a hands-on approach
- Able to work under pressure and meet deadlines
- Extensive experience of Group reporting and consolidation
- Strong preference for the role holder to have insurance experience including IFRS 17
- Strong leadership skills and experience of managing and developing teams
- Develop and manage relationships across the business
- Ability to operate in a dynamic environment
- Ability to identify and lead/support change
We offer lots of great benefits! Some of which include:
- Competitive salary and annual discretionary bonus
- 25 days annual leave plus bank/public holidays, as well as an annual option to buy up to 5 additional days of annual leave
- Training opportunities as well as clearly defined career progression
- Health cash plan - employer funded cover to enable you to claim money back on essential healthcare costs, including dental, optical, physiotherapy and many more. Cover also includes unlimited access to a 24/7 virtual GP service
- Attractive company pension scheme
- Life assurance - employer funded cover of 4x basic salary
- Dedicated online benefit portal offering access to saving and lending facilities, financial wellbeing and support services
- Salary Finance - access to savings and borrowing through payroll
- Car Leasing - access to a carbon neutral salary sacrifice car leasing scheme, with an all-inclusive monthly cost covering all charge, taxes, insurance, repairs and maintenance on a range of brand new vehicles
- Travel Loans - interest free loans to help spread the cost of annual travel tickets
- Cycle to Work - tax efficient bike and cycling equipment worth up to £1,000
- Health & Wellbeing - discounted gym membership, online virtual workout sessions, online culinary classes
- OnHand - Giving you the opportunity to be an Eco & Social volunteer via a handy app. Volunteer individually or in groups to get involved in Youth Mentoring, Food Poverty, Homelessness & Elderly help
- Employee Assistance Programme - specialist advice and support on issues such as finance, relationships, illness and family issues
- Free Domestic & General protection plan - one free plan each year with access to discounted rates of up to 50% on additional plans, including referrals for family and friends
- Employee discounts - access to discounted Sky TV and broadband packages, together with a range of discounts for 100s of online and high street retailers
Domestic & General are an equal opportunities employer which means we treat people fairly. We welcome applications from all suitably skilled persons regardless of their gender, age, race, disability, ethnic background, religion/belief, sexual orientation, gender reassignment or marital/family status.
Please note that we have a thorough referencing process, which includes criminal record checks.