Head of Balance Sheet Control, London, ACA, CIMA, ACCA Qualified, £100,000 - £110,000 per annum + Bonus, Hybrid
IN2 Consult working with a client who is looking to strengthen it systems, processes and team knowledge to ensure we keep up with the Group’s rapid growth. To help
improve the Group’s financial control capability, the need for a Head of balance Sheet control has been identified as a key hire. This senior role will report to Head of
Financial Control and will provide support in:
improve the Group’s financial control capability, the need for a Head of balance Sheet control has been identified as a key hire. This senior role will report to Head of
Financial Control and will provide support in:
- Managing a variety of stakeholders across the business
- Developing a first class financial control function encompassing all aspects of controllership
- Legal entity reporting for a rapidly growing International Group
- Providing quality, accurate and timely analysis and information to management w
- Supporting project work affecting the business including business development, regulatory change and finance transformation
- Providing assistance to the forecasting and budgeting process and insight to daily BI as required.
- The successful candidate will also become heavily involved in project work to automate current procedures,improve the control environment, and will work with a number of senior people across the Payments and Banking Services divisions of the Group.
Key Accountables;
Month End Reporting,Develop and implement a monthly Balance Sheet reconciliation
process covering:
- Cash–Firm versus Client▪Client and Vendor (Bank) Positions
- Physical Bank Notes and Consignment Cash
- Intercompany Balances
- Develop and implement a settlement process for Intercompan balances
- Improve revenue reporting
- Manage all Group recharges andcoordinate with the other
financial control teams thetransfer pricing arrangements - Enhance revenue reporting and reporting of operational risk events and monitoring of bad and doubtful debts
- Management of the core Front Office systems data flows to the
general ledger to support improved automation and straight through processing - To improve the timeliness of the month end reporting cycle
Management Reporting - Significant contributor to the productionof monthly divisional managementa ccounts including analysis of variances and production of commentary
Background;
- Qualified Accountant ACA/ACCA
- Strong technical experience of international multi-currency consolidations under IFRS
- Experience of working withinfinancial servicesand regulated entities
- Experience of end to end process flows and data quality management of FX or volume payments
processes - Experience of international groups or working in an international role
- SQL experience desirable
Head of Balance Sheet Control, London, ACA, CIMA, ACCA Qualified, £100,000 - £110,000 per annum + Bonus, Hybrid