Director of Financial Reporting

Axon Moore are working with a leading manufacturing business based near Stourbridge who are looking for a Director of Financial Reporting to join their team.
This position would suit a second time mover or an Internal Auditor looking to move into a technical reporting role.

• Leadership of Financial Reporting function
o Management of a small, highly competent team
o Build effective relationships with finance teams across the globe
o Critically review submitted financials to ensure consistency of reporting across the Group and compliance with Group accounting policies
o Update senior management on future financial reporting changes, model the impact of new standards, draft or update Group policies and roll out across the Group
o Provide advice and support on technical accounting issues to divisional finance teams and senior management

• Group Audit management
o Manage audit process with central audit team from the planning stage, via review of the consolidation, clearance of all audit queries, through to delivery of signed consolidated financial statements to the Shareholders and Banks
o Manage annual goodwill impairment testing exercise
o Manage process of data collection from divisions in order to complete financial statement disclosures
o Work with Tax & Treasury to ensure timely delivery from specialist teams
o Draft financial statements document, including all disclosures, for review by senior management and auditors

• Bank reporting
o Timely preparation of monthly, quarterly and annual data for delivery to banking syndicate
o Working with Group Treasurer, ensure accuracy and transparency of data for covenant calculations
• Monthly reporting
o Responsibility for accuracy and integrity of group consolidation in HFM
o Lead production of monthly board report
o Preparation, review & delivery of monthly reporting to Private Equity owners

• Acquisitions/divestments
o Play a key role in Purchase Price Allocation (PPA) exercises, working with external valuation specialists as necessary
o Participate in the review of newly acquired entities’ opening balance sheets and ensure alignment with group policies and timetables
o Ensure accounting for legal restructuring exercises is accurate and transparent from an audit point of view

• Holding company accounting
o Manage a range of holding companies, including monthly reporting, budgeting, forecasting, and completion of local GAAP statutory accounts where necessary
o Manage accounting for group-wide multi-currency cashpool
• Financial systems development