Lead Financial Accounting Manager - IFRS16

Contract Position

Reading (Hybrid)

This is a great opportunity that will enable the successful candidate to take ownership of our IFRS 16 reporting and shape this exciting project. This is a highly visible role and provides great development opportunity, as you will be managing high profile external service providers and internally liaising with senior management on regular basis. This role is based in Reading (Hybrid Working)

About the role:

• This role reports into Senior Accounting Manager and sits within the Financial Accounting Function, which is committed to delivering the best in class accounting through deploying efficient processes and effective management of external service providers.
• This role is part of a team of 4 that looks after the accounting for the shared network with Shareholder and Retail estate, both are administered by external service providers and report under IFRS 16 and IAS 17.
• You must be technically competent to understand IFRS 16 accounting requirements at a level to effectively review and challenge reporting from the Service Provider and Partner.
• This role provides an excellent opportunity for an individual to apply their technical knowledge of IFRS 16 as well as gaining valuable experience in service level management through being empowered to challenge, implement and lead project initiatives to improve the process and reporting.
• Key focus of the role will be leading the reporting under IFRS 16, improving the processes for this accounting standard.
• Preparation of the IFRS 16 accounting has been outsourced and a key part of the role will be to work closely with Partners to improve the accuracy and delivery of the IFRS 16 Reporting
• You will review and challenge the monthly reports by Partners and reconcile the data back to our GL, ensuring consistency between the GL and IFRS 16 database, following up and ensuring any discrepancies are fixed.
• You will work closely with the Finance Business Partners to ensure they provide the correct information on timely basis, helping them interpret the reporting on monthly basis and help prepare the quarterly and annual forecast. You will need to build strong working relationships with internal stakeholders being T&O Finance, FP&A, Financial Reporting team and finance business partners. You will also need to work closely with external stakeholders.
• Centralised view of the IFRS16 result, the pre-IFRS16 result and therefore the impact. Reviewing the IFRS16 result for reasonableness and following up on any anomalies
• Supporting the Finance Business Partners on the interpretation of their IFRS16 outputs from Partners (outsourced IFRS16), and with submitting the right information
• Reconciliation of our General Ledger to outputs, and roll forward of Right of Use Asset accounts and Lease Liability accounts. Taking ownership of the monthly IFRS 16 reporting.
• Providing the appropriate information required by the Financial Reporting team for cash flow/working capital/balance sheet reporting & coordination of forecasting & budgeting activity, FP&A and FBPs.
  Audit deliverables, requests & queries associated with IFRS16.

Required Skills:

• Qualified Accountant - ACA \ ACCA
• Extensive experience providing expert financial competence. Significant telco (within industry) experience.
• Uses comprehensive knowledge and skills to act independently on supporting business decisions with professional interpretations of financial information.
• Uses comprehensive knowledge and skills to work independently on costing, budgeting and finance tasks
• Process Management - Ability to spot opportunities to continuously improve and streamline processes.
• Comprehensive knowledge and skills to act independently while guiding and training others on supporting business decisions with professional interpretations of financial information

" If interested and to know more about the role, please share you CV with me - (url removed)"

Project People is acting as an Employment Business in relation to this vacancy.