Accessibility Links

Finance Manager

  • Salary: £325 - £350 per day
  • Job type: Contract
  • Location: London
  • Sector: Financial Controller / Manager
  • Date posted: 20/07/2017
  • Job reference: J370864A
This vacancy has now expired.

My client, a well known Telco company based in Central London, is currently seeking a Finance Manager to join them on a 6 month contract.
You must be available immediately or on a maximum of 2 week's notice.

Key Purpose

· This role is responsible for the development and implementation of new forecasting and month end reporting models and processes that reflect the impact of IFRS15.
· IFRS 15 is a new accounting standard to be implemented from April 2018. It is considered to be the biggest accounting change in recent history and significantly changes the timing and allocation of revenues and costs in the Profit and Loss account.
· The role holder will work in partnership with the Head of Finance Strategy and IFRS15 project leads to reshape the planning and month end processes so that the ability to accurately forecast and control the business is maintained through a period of significant change.
· This role will ideally be undertaken by an ACA qualified accountant from a Big4 practice background. You should have 1-2 year's post-qual experience, ideally within the Telco industry and involving forecasting, month end, and advanced Excel/ Powerpoint skills. A knowledge of IFRS15 and its new concepts would be advantageous.

Key Responsibilities

· Build a strong understanding of the impact of IFRS15 on our client's finances
· Support the design and development of restatements, forecasting and month end processes run by the centre team
· Liaise with key stakeholders across senior management, commercial finance and operational planning to ensure the restatement, forecasting and month end solutions meets the key requirements of the business and can be practically implemented
· Production and review of IFRS15 required restatements including the calculation of a cumulative catch-up adjustment in April 2016, with evidence and justification ready for audit
· Review the accuracy and explain the outputs of the revised forecasting approach, and effectively communicate the results to senior management
· Preparation of new reporting and business routines so that actual variances to forecast are fully understood
· Ongoing testing and review/improvement of new systems and processes
· Development of models to support the manual adjustments that remain required after IFRS15

Key Skills

· Big4 trained ACA qualified accountant with 1-2 years post-qual experience
· Telco industry experience
· Technical background
· An understanding of IFRS15
· Advanced Excel modelling skills
· Good communicator
· 'Fast thinker' - ability to quickly grasp complex issues
· Confident in using systems