Financial Reporting Specialist

Financial Reporting Specialist

Posted 1 week ago by Experis UK

£60 Per hour
Undetermined
Undetermined
Worcester, England, United Kingdom

Summary: The Financial Reporting Specialist role is essential for delivering accurate and timely financial reporting within a major public sector organization. The position involves collaboration with various teams to prepare the Annual Report and Accounts, ensuring compliance with financial reporting standards. Candidates should possess strong technical expertise and a proactive approach to process improvement. This role offers an opportunity to engage deeply with the organization's financial operations and contribute to its reporting processes.

Key Responsibilities:

  • Support the preparation of the consolidated Annual Report and Accounts, including managing intercompany reconciliations across various entities.
  • Provide expert accounting advice based on IFRS as adapted by the Financial Reporting Manual (FReM).
  • Assist with year-end audit requests by preparing robust evidence, clear technical reasoning, and transparent explanations.
  • Work closely with teams across the Group to ensure financial information is complete, accurate, and submitted in line with strict deadlines.
  • Assist in drafting financial statements, implementing new accounting policies, and identifying opportunities to improve our reporting processes.
  • Build and maintain strong professional relationships with stakeholders to ensure a smooth flow of financial data.

Key Skills:

  • A solid understanding of financial reporting standards (IFRS/FReM) and their practical application.
  • Experience in group consolidations and the ability to reconcile complex data sets.
  • The ability to provide clear technical advice and build effective working relationships across a diverse organisation.
  • An interest in reviewing processes to enhance efficiency and reporting quality.

Salary (Rate): £60.00/hr

City: Worcester

Country: United Kingdom

Working Arrangements: undetermined

IR35 Status: undetermined

Seniority Level: undetermined

Industry: Finance

Detailed Description From Employer:

The Opportunity Are you a detail-oriented finance professional looking to take a central role in a major public sector organisation? We are seeking two motivated individuals to join our Financial Reporting team. These roles are pivotal to the delivery of our Annual Report and Accounts (ARA), with a focus on meeting key deadlines. This is an excellent opportunity to gain a comprehensive view of a complex group structure, working at the heart of our financial operations.

The Role You will play a key part in ensuring the delivery of accurate, timely, and high-quality financial reporting across the Group. Working collaboratively with colleagues and Arm’s-Length Bodies (ALBs), you will provide the technical accounting input required to consolidate group data and ensure full compliance with reporting standards.

  • Financial Consolidation: Support the preparation of the consolidated Annual Report and Accounts, including managing intercompany reconciliations across various entities.
  • Technical Guidance: Provide expert accounting advice based on IFRS as adapted by the Financial Reporting Manual (FReM).
  • Audit Support: Assist with year-end audit requests by preparing robust evidence, clear technical reasoning, and transparent explanations.
  • Stakeholder Coordination: Work closely with teams across the Group to ensure financial information is complete, accurate, and submitted in line with strict deadlines.
  • Process Improvement: Assist in drafting financial statements, implementing new accounting policies, and identifying opportunities to improve our reporting processes.
  • Relationship Management: Build and maintain strong professional relationships with stakeholders to ensure a smooth flow of financial data.

About You You will be a proactive finance professional with a strong technical background and the ability to maintain accuracy under pressure. What we are looking for:

  • Technical Expertise: A solid understanding of financial reporting standards (IFRS/FReM) and their practical application.
  • Analytical Rigour: Experience in group consolidations and the ability to reconcile complex data sets.
  • Communication Skills: The ability to provide clear technical advice and build effective working relationships across a diverse organisation.
  • A Continuous Improvement Mindset: An interest in reviewing processes to enhance efficiency and reporting quality.