Financial Reporting Manager (6month FTC)

Create an alert for jobs like this

Be the first to get notified when new jobs are added

You can unsubscribe at any time.

Job Description We’d all like amazing work to do, and real work-life balance. That’s waiting for you at Sainsbury’s Bank. “Bank by name, Sainsbury’s by nature” is the promise line we stand firmly behind, making...

Job Description

We’d all like amazing work to do, and real work-life balance. That’s waiting for you at Sainsbury’s Bank. “Bank by name, Sainsbury’s by nature” is the promise line we stand firmly behind, making sure we follow through on this by always offering value, making it easy and being an ally for our customers. We’re proud to be an equal opportunities employer that champions a diverse and inclusive culture that reflects the diversity of the communities we serve. Because we know it’s by working together, and by bringing new, diverse ideas that creates the best experience for our customers and colleagues. As part of the wider Sainsbury’s Group, being one of the UK’s most trusted brands, it brings our colleagues a wealth of opportunities to fulfil their potential. Here, you can be part of something bigger and help to create a new approach that puts the customer at the heart of everything we do.

 

What you need to do

  • Deliver the statutory reporting obligations of the Bank on a timely and accurate basis, including the annual financial statements, being the primary point of contact for the external audit.
  • Ensure the Bank’s ongoing technical accounting compliance with the requirements of IFRS and Group accounting policy.
  • Assess the technical accounting implications of any new products/initiatives/projects and accounting standards, ensuring these are understood and appropriately reflected in the Bank’s financial statements and disclosures.
  • Oversee the Bank’s critical accounting estimates and judgements (including IFRS 9 impairments), providing quarterly updates to Board Audit Committee.
  • Oversee technical compliance of the consolidation of the Bank’s subsidiary undertakings to support monthly reporting to Group, alongside disclosures for Group interim and full year financial statements. 
  • Deliver, in conjunction with Group Tax, accurate corporation tax accounting in accordance with relevant guidance and legislation, and timely submission of returns and payments to HMRC.
  • Maintain robust processes and controls in relation to financial reporting, identifying opportunities for continuous improvement and collaboration across the business.
  • Oversee the operation of accounting processes for the Bank’s Treasury, securitisation and hedge accounting arrangements.
  • Support the wider Financial Control team in completion of monthly and annual financial close processes, including review of relevant balance sheet reconciliation controls.
  • Assist in submissions of customer tax information to tax authorities 

 

What you need to know and show

  • Qualified accountant with 3+ years’ experience.
  • Significant financial reporting experience and knowledge of IFRS, gained in industry or practice.
  • Prior experience of financial services, particularly retail banking, would be beneficial.
  • Excellent written and verbal communication skills.
  • Ability to communicate effectively across all levels of the organisation, e.g. able to translate complex / technical issues to meet the audience's competency level.
  • Highly numerate, with excellent analytical and problem solving skills and attention to detail.
  • Strong relationship management skills.
  • Awareness of UK tax accounting and reporting requirements.

We are committed to being a truly inclusive retailer so you’ll be welcomed whoever you are and wherever you work. Around here, there’s always the chance to try something new — whether that’s as part of an evolving team or somewhere else across the business - and we take development seriously and promise to support you. We also recognise and celebrate colleagues when they go the extra mile and, where possible, offer flexible working. When you join our team, we’ll also offer you an amazing range of benefits. Here are some of them:

Starting off with colleague discount, you'll be able to save 10% on your shopping online and instore at Sainsbury's, Argos, TU and Habitat, and we regularly increase the discount to 15% at points during the year. We've also got you covered for your future with our pensions scheme and life cover. You'll also be able to share in our success as you may be eligible for a performance-related bonus of up to 30% of salary, depending on how we perform.

Your wellbeing is important to us too. You'll receive an annual holiday allowance, and you can buy up to an additional week's holiday, and we provide private heathcare. We also offer other benefits that will help your money go further such as season ticket loans, interest free car loan of up to £10k, cycle to work scheme, health cash plans, salary advance (where you can access some of your pay before pay day) as well access to a great range of discounts from hundreds of other retailers. And if you ever need it there is also an Employee Assistance Programme.

Moments that matter are as important to us as they are to you which is why we give up to 26 weeks’ pay for maternity or adoption leave and up to 4 weeks’ pay for paternity leave.

Please see www.sainsburys.jobs for a range of our benefits (note, length of service and eligibiity criteria may apply).

More similar jobs