Group Reporting Manager

Job Purpose:

The Group Reporting Manager is responsible for leading on all financial accounting matters, including the preparation of statutory accounts under FRS 101/FRS 102 for a range of subsidiaries, preparation of robust consolidated group accounts under IFRS and playing a key role in period end close activities.

As well as being the business lead on all statutory reporting and audit matters, this role will also ensure strong controls and processes are in place around period end close and group reporting, including monthly consolidated management accounts. This is a newly created role, with the aim being to leverage efficiency across the PTSG Group in terms of financial processes, accounting and reporting. A key element to this role will be embedding new ways of working and ensuring best practice approaches are adopted across the group, as well as standardising processes and controls.

This role is a senior finance role and will have exposure to Executive and Senior Leaders in the business.

Key Accountabilities:

Statutory Accounting:

• Business lead on all technical accounting matters for the group, including bad debt provisioning (IFRS9), revenue recognition (IFRS15) and lease accounting (IFRS16)
• Responsibility for leading the annual audit process and key contact for external auditors, whilst also supporting the wider PTSG team on key deliverables
• Preparation of consolidated group accounts under IFRS
• Lead on production of subsidiary statutory accounts under FRS101/FRS102
• Preparation of working papers to support statutory disclosures
• Responsible for production of extended trial balances and statutory disclosures for the various subsidiaries of the group
• iXBRL tagging of financial statements to support the group’s corporation tax submissions
• Working with tax manager / external tax advisors to support corporation tax compliance
• Implementation of centralised accounting policies, controls and checks to ensure robust and accurate accounting
• Group-wide planning of annual stock counts as well as ensuring ongoing processes and controls in place regarding accounting for inventory
  
  

Group Reporting:

• Lead on driving a timely and accurate period end close process across the Group
• System owner for Onestream, ensuring all entities management reporting packs are produced on a timely basis and reconciled to Sage, including P&L, balance sheet and cash flow statement
• Preparation of monthly group consolidation, including consolidation adjustments and accounting for Holding companies
• Ensure timely resolution on intercompany discrepancies as well as managing the Group intercompany process
• Maintenance of Onestream and Sage chart of accounts
• Oversee capex and disposals reporting as well as fixed asset accounting and ledger reconciliations
• Ensure legal entity (stat accounts) to management accounts is fully reconciled
  
  

Other:

• Review/completion of balance sheet reconciliations
• Support Group Reporting Team on period end close process, audit and other routine reporting requirements as required (e.g. ONS, VAT etc.)
• Support on ad-hoc projects and process improvements
• Reviewing and developing accounting processes and controls, as well as identifying system improvement opportunities within Sage
• Implementation of system improvement projects, such as Onestream Sage modules, Sicon, Fixed Asset modules, standardised Chart of Accounts etc.
• Production of other external financial reporting, e.g. bank reporting
  
  

Job Context / Key Challenges:

This role is based within the Castleford Head Office and will focus on financial accounting but will also have lots of interaction with various PTSG subsidiaries. PTSG is a fast paced and high growth business, employing over 2,300 people and consisting of five separate divisions, each with a number of individual businesses. The central Group Finance Team is responsible for ensuring standardisation of reporting and processes across PTSG and delivering best practice solutions.

Person Profile (Qualifications, Knowledge, Skill, and Experience):

• Qualified Accountant (ACA/ACCA/CIMA)
• Practice trained and/or with strong experience working in a financial accounting role for a large group
• Experience of group accounting and/or working in a centralised finance team of a large group would be advantageous
• Strong knowledge of accounting standards (including IFRS 9, IFRS 15 and IFRS 16) and their appropriate application
• Experience of managing a team advantageous
• Basic understanding of UK taxation
• Ability to implement best practice processes and controls
• Highly credible and able to quickly build effective working relationships
• Can engage, challenge and influence others at a senior stakeholder level through verbal and written communication
• Pragmatic and flexible in approach
• Resilience, flexibility, and a willingness to be ‘hands on’ are all important personal characteristics.
• Self-starter and able to work autonomously
• Strong time management and the ability to prioritise