Job Title: Group Deputy Financial Controller - INTERNAL APPLICANTS ONLY
Job Category: Finance
Job Location: Brentwood or London, United Kingdom
This is an exciting opportunity for a Group Deputy Financial Controller to join our dynamic team in Brentwood or London Cavendish Square.
This position is a high profile, pivotal role within Intertek with high visibility and direct line of sight to the CFO, Group Financial Controller, Group CEO and other members of the Group Executive team. Strong stakeholder management skills are therefore paramount, particularly given this individual will be expected to deputise for the Group Financial Controller when necessary.
The individual will play a major leadership role in supporting the Group Financial Controller and CFO in driving on-going improvements to the Group’s financial controls, systems and processes.
This role offers significant growth opportunities for the right candidate as it offers a depth and breadth of both multi geography and multi business line exposure in a fast growing, dynamic business which continues to deliver significant year-on-year growth.
The individual must be able to demonstrate excellent technical knowledge and will be responsible for producing the Group’s periodic financial and management accounts. This includes the Group’s consolidated half year and full year company reports.
The current change agenda within the wider Group is significant and this includes the Group Finance Function. The introduction of the Group’s “Core Mandatory Controls” agenda has raised the bar with regards to consistency and quality of Intertek’s control framework and the Deputy FC will play a pivotal ownership role in this area. In addition, the Group will embark upon a IT systems change which will have a significant impact on the Group’s financial process – this individual will have a key role.
Acquisitions will play an important role in the Group’s mid-term strategy and this role will assist in both pre-acquisition diligence and post-acquisition integration.
The role requires someone with outstanding finance leadership skills who can work at pace and intensity, with a strong grip on controls, drive accountability within the finance teams for finance excellence and be practical and solution focused to continue to improve our customer proposition.
We see this as an excellent entry route into the organisation and with the opportunity to move into multiple roles (both financial and operational) over the mid-term.
Team Responsibilities and location
•The role holder will assume a team primarily based in Brentwood, Essex (co-located with the UK operations Head Office). The team currently comprises of Head Office accounting team and a Group team focussed on the preparation of the consolidated results.
•Brentwood represents the historic location of the Group Finance team. However, over the last 24 months, the Group Financial Controller and Group FP&A Director have both re-located full time to the Cavendish Square Head office. The Deputy FC role would be expected to spend the majority of his / her time in London alongside the Group’s Finance leadership team, while also visiting the team in Brentwood, as required.
•The finance reporting service is supplied by the Guangzhou Service Centre, along with the Group FP&A team, based in Cavendish Square.
•Responsible for accurate and timely production of consolidated reporting, building in the necessary controls and checks - maintaining and developing a high standard of financial reporting within the Group in terms of integrity, speed and quality.
•Establish, maintain and communicate finance policies, procedures and standards that reflect the requirements of IFRS and statutory obligations in relevant jurisdictions. Set standards and guidelines for, amongst others, revenue recognition, FX rates, group performance metrics (incl. EPS calculations), impairments, leases and financial instruments.
•Responsibility and ownership for maintaining the group’s financial control framework, including the group Authority Cascade and Financial Core Mandatory Controls.
•Lead the Group consolidation process each month, including Income Statement, Balance Sheet and Cash Flow and performance metrics. Provide commentary to the Board around financial performance.
•Manage any acquisition integrations, goodwill calculation, valuation of intangible assets, and impairment reviews.
•Responsible for the project to produce the Group’s Annual and interim reports, including liaison with internal stakeholders, external advisors, designers and printers. Attendance and participation in the Group’s Audit Committee process alongside the Group’s NEDs.
•Work with other Group functional leaders on accounting matters including FP&A, tax, treasury, IT and internal audit.
•Ensure consolidation systems serve the business requirements & changes as the Group develops.
•Keep abreast of all developments in accounting standards which may affect the Group. Support the Group and business units on technical accounting issues.
•Lead the external auditor relationship with PWC as part of the interim and annual audit process, and act as the key interface with auditors on an ongoing basis negotiating audit scopes and audit fees.
•In cooperation with Company Secretariat and Group HR, maintain the financial data for the Group incentive schemes (LTIP and annual management bonus).
•Manage a high-quality Group Finance and Head Office finance team (approx. 10 people), and ensure finance staff and, where appropriate, line managers, are informed of, and trained in, relevant accounting standards and procedures.
•Maintain a register of all pension schemes in the group and ensure their accounting treatment is in line with IFRS.
•Support and/or lead ongoing projects in the finance team, to include projects within the broader Global Finance Transformation Programme, such as IT / ERP systems.
•Deputise for the Group Financial Controller in other matters, as necessary.
Required skills and experience
•Strong IT skills, particularly in Power Point and Excel.
•Experience of large multi-country consolidations under IFRS, with a strong knowledge of foreign currency implications. Experience in the group head office of a sizeable international company or in the top-tier Accountancy firms (as an experienced senior manager/ director).
•Agile intellect with strong academic heritage and professionally qualified (preferably ACA). Strong blue-chip background which demonstrates a range of learnings to bring to Intertek.
•Promotes company values to others and supports values in daily activities and decisions, whilst incorporating company vision when planning
•Results driven to focus contribution on activities which meet company goals and deliver the greatest value
•Strategic foresight to predict and plan for the future
•Result orientated to ensure our people, customers and strategy are aligned
•Ability to critique and improve activities through continuous improvement and innovation
•Ability to demonstrate exceptional customer service
•The ability to demonstrate respect, equity and empathy for a diverse community
•Encourage teamwork (promote operational synergies and alignment) to support each other, our customers and grow together
•Highly energised mind-set with willingness and desire to learn and adapt individually as well as creating an environment for people to grow
•Drive performance through setting clear performance expectations
•Drive performance by ensuring performance expectations are met
•Sets a high performance culture
•Ability to recognise and reward strong individual and team performance
•Fosters integrity and honesty
•Ensure compliance to company, industry and regulatory standards
•Highly organised with strong attention to detail
•Confident communicator(written/ oral) and able to build rapport, quickly and effectively
•Demonstrates flexibility and resilience in order to meet the demands of the role
•Demonstrates positive attitude, resilience and openness to changes in scientific, technological, commercial or business environment, processes and structure.
•Accountable for an individual, group, or team to improve quality of their work to achieve agreed objectives and outcomes.
Please provide a CV, Covering Letter (outlining your suitability for the role) and Salary Expectations to email@example.com including the reference Intertek360. All candidates will be required to confirm eligibility to work in the UK before starting employment.
As a matter of courtesy, we will try to respond to all applications. However, due to the volume of applications received, we may not be able to respond to individual candidates. If you have not been contacted within 4 weeks unfortunately, your application has been unsuccessful. Please do not let this deter you from applying for vacancies in the future should you meet the minimum requirements of the role.
Intertek operates a preferred supplier arrangement and we do not accept unsolicited approaches from agencies
1st December 2017