Head of Statutory Reporting and Audit (MAT Cover)
Posted 2 days ago by Lionsgate
Negotiable
Undetermined
Undetermined
London Area, United Kingdom
Summary: The Head of Statutory Reporting and Audit is responsible for overseeing all external UK company reporting, including statutory financial reporting, audit processes, and tax matters, while managing a finance team. This role requires a self-starter with a proven track record in statutory reporting and team management. The position is a maternity cover contract lasting 16-18 months within the Finance department at Lionsgate. The successful candidate will ensure compliance with regulatory requirements and improve financial reporting practices.
Key Responsibilities:
- Manage drafting and initial review of year-end individual and consolidated statutory accounts for audit.
- Oversee the year-end external audit process and ensure timely information provision to auditors.
- Stay updated on technical releases affecting the company, including IFRS and US GAAP developments.
- Maintain control of royalty reporting and audits, ensuring timely preparation and distribution of statements.
- Review UK cash flow forecasts to US deadlines.
- Ensure compliance with internal and external controls and legislation for accounting records.
- Prepare, review, and submit quarterly UK VAT returns on time.
- File UK Corporation Tax returns punctually and manage other UK filings.
- Implement improvements to working practices and controls.
- Ensure timely and accurate reporting submissions to regulatory bodies.
- Liaise with departments and external advisors to consider all relevant areas in financial reporting.
- Manage the internal audit process.
- Oversee day-to-day management of the Statutory Reporting team.
- Support the EVP in optimizing business performance and profitability.
- Report financial and regulatory risks to the EVP of Finance and suggest controls to mitigate them.
- Collaborate with Senior Group Reporting Team Members on new deals and acquisitions.
- Manage IT changes impacting financial systems and regulatory reporting.
- Provide advice to legal and commercial teams on financial matters.
- Perform various month and quarter-end tasks for management reporting.
- Complete other ad hoc duties as required.
Key Skills:
- Excel proficient.
- Able to work with internal and external stakeholders.
- Experience dealing with regulatory bodies.
- Strong knowledge of US GAAP and IFRS.
- Experience with Sarbanes-Oxley act regulations.
- Qualified accountant (ACA, ACCA, or equivalent).
- SAP experience beneficial but not essential.
- Experience managing the audit process.
- Experience preparing statutory accounts.
- Experience managing tax matters including VAT and Corporation Tax.
- Strong organizational skills.
- Strong team management experience.
- Strong attention to detail.
- Strong communication skills.
- Self-motivated and able to manage own time.
Salary (Rate): undetermined
City: London
Country: United Kingdom
Working Arrangements: undetermined
IR35 Status: undetermined
Seniority Level: undetermined
Industry: Finance
Job Title : Head of Statutory Reporting & Audit (Maternity Cover 16-18 month contract)
Department : Finance UK
Reports To : EVP Finance, UK Director
Lionsgate is a leading global entertainment company with a strong and diversified presence in film, television, home entertainment and digital distribution. The role of the Head of Statutory Reporting and Audit will be responsible for submission of all external UK company reporting, including maintaining accounting records, statutory financial reporting and audit, royalty reporting, tax matters and supervising the finance team members for the UK. The desired person should be a self-starter a proven track record and with previous Statutory reporting and team management experience.
KEY RESPONSIBILITIES:
- FINANCIAL REPORTING: Manage drafting and initial review of the year end individual and consolidated statutory accounts for audit. Manage the year end external audit process with and ensure all information is available and provided on time to the auditors. Keep up to date with new technical releases affecting the company such as developments in IFRS and US GAAP accounting rules and corporation tax legislation. Maintain control of the royalty reporting and royalty audits ensuring statements are prepared, reviewed and distributed to required timescales. Review of UK Cash flow forecasts to US deadlines.
- REGULATORY: Ensure all accounting records are kept and maintained to comply with internal and external controls and legislation. Ensure the quarterly UK VAT returns are prepared, reviewed and submitted on time. Ensure all UK Corporation Tax returns are filed on time. Manager other UK filings such as Tax Strategy, SAO notifications, ONS surveys and PPPR reporting. Suggest and implement improvements to working practices and controls. Ensure all reporting submissions made to different regulatory bodies are timely and accurate Liaise with other departments and external advisors as appropriate to ensure that all relevant areas (legal, regulation requirements, corporation tax, VAT etc) have been considered in the financial reporting process. Ensure all new regulatory requirements are adhered to and all audit controls are tracked. Manage the Internal audit process.
- TEAM MANAGEMENT: Day to day management of the Statutory Reporting Senior Manager, Assistant Financial Accountant & Royalty Accountant Team development and training Performance management for team Ad hoc guidance for other members of the team.
- OTHER AREAS: Support the EVP in adding value and challenging the status quo in other areas of the business to optimize business performance and profitability. Report any areas of financial and regulatory risk to EVP of Finance and suggest and implement suitable controls to mitigate these. Jointly work with Senior Group Reporting Team Members to review all new deals and acquisitions for all areas related to UK to determining how to account for these and communicate this to the relevant staff members booking the entries. Manage any IT changes impacting financial systems and regulatory reporting, ensure communication and training is provided to any relevant business areas as required. Jointly work with Senior Group Reporting Team Members to provide advice to legal and commercial teams on financial matters including helping advise on deal structures. Various month and quarter end tasks for management reporting. Other ad hoc duties as required.
KEY SKILLS REQUIRED:
- Excel proficient
- Able to work with internal and external stakeholders
- Experience dealing with regulatory bodies
- Strong knowledge of US GAAP and IFRS
- Experience with Sarbanes-Oxley act regulations
- Qualified accountant with experience (ACA or ACCA or equivalent)
- SAP experience beneficial but not essential
- Experience managing the audit process
- Experience preparing statutory accounts
- Experience managing tax matters including VAT and Corporation Tax
- Strong organisational skills
- Strong team management experience
- Strong attention to detail
- Strong communication skills
- Self-motivated and able to manage own time
Our objective is to source candidates who demonstrate our global values: Resourcefulness – We redefine what is possible. Innovation – We challenge the status quo in order to foster bold thinking and outcomes. Collaboration – We connect people and ideas to ensure all voices are heard. Inclusiveness – We pursue and embrace diverse talent and perspectives. Empowerment – We equip and entrust our people to cultivate growth and advance our mission. Integrity – We respect all individuals and honour our commitments to one another.