Head of Financial Reporting

Responsibilities

• The main areas that this role will be responsible for:
• Managing the Group's end to end external review, reporting and audit processes for consolidated historic financial information.
• Managing the process for the preparation of financial statements and notes to the accounts including disclosures.
• Creating a new fit-for-purpose corporate reporting process, leveraging existing people and processes where possible, and building and documenting that required with all our compliance obligations in relation to financial reporting.
• Responding to and advising on technical and commercial accounting queries.
• In addition, this role will also be responsible for:
• Developing and maintaining a new Group Accounting Manual, including ensuring that the Group's policies are appropriate, relevant, robust and consistently applied. Shaping new policies where appropriate, in readiness for Separation and beyond.
• Facilitating the delivery of training on financial reporting issues to the Group's global finance teams.
• Understanding, improving and explaining internally and externally the processes to validate financial information included within the external reporting.
• Preparing papers that can be relied upon by the Audit Committee and external auditors.
• Technical Knowledge, Skills and Abilities:
• Qualifications and Technical Knowledge
• Chartered Accountant (ACA or ACCA or equivalent).
• Significant (> 7 years PQE) experience FTSE250 or other similar sized organisation with complex accounting and multicurrency corporate reporting and an established interest in consolidations and technical accounting.
• A background in Big 4 audit is useful but not essential.
• Excellent analytical skills with a record of delivery and quality reporting, with the ability to make effective, timely decisions in a complex, global market by sourcing and analysing critical information whilst engaging, challenging and working effectively with others
• Skills and Abilities
• Excellent written and verbal communication skills are required to influence internal and external stakeholders, working closely with people at all levels in the organisation.
• The ideal candidate will be motivated and forwar

Additional Information

Job Purpose: This will be Smiths Detection's first Corporate and Financial Reporting expert. The successful candidate will be the internal financial reporting specialist with crucial responsibilities in preparing the Detection business for independent financial reporting outside of Smiths Group plc. Smiths Detection will be the size of a FTSE 250 listed business, may have listed debt and we require someone with an excellent technical understanding of the reporting requirements that will be needed. Under PE ownership, clear, accurate and purposeful financial reporting will be required from the outset. Additionally we are looking for a leader with skills and experience of change, able to design for an evolving finance organisation looking to the future. The role is to manage the end to end review, reporting and audit process, beginning by prepare internally though creating new processes and policies, in readiness for external reporting and requires someone with a strong understanding of the corporate reporting environment and audit requirements, who is able to research technical questions and work in a matrix organisation to augment the existing team. The Smiths Detection Finance Team, of circa 150 people, operates through a matrix structure. This role will not have direct line management responsibility over the preparers of the accounting and financial reporting information but will have ultimate financial reporting responsibility for the entire business. The role is based at the Smiths Detection headquarters in London, subject to hybrid working arrangements.

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