natgridProd
Senior Manager - Group External Reporting (12 Month FTC)
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As a nation, we’re working towards the goal of net zero carbon by 2050. At National Grid, we’re committed to helping Britain reach this target by building a cleaner, greener energy system. But we can’t do this alone. We're looking for people who are brimming with enthusiasm and bursting with ideas to help us build and run a cleaner energy system for the future. Are you up for the challenge?
We’re looking for an experienced Senior Manager – Group Technical Accounting to join our Group External Reporting team on a 12-month full-time contract. This role is suited to someone who can quickly bring strong IFRS technical expertise, judgement and senior stakeholder management skills to support a busy Group reporting and technical accounting agenda. You will help maintain the Group’s IFRS accounting policies, including leading or supporting projects to assess new exposure drafts and accounting developments. You will also support the implementation of new accounting standards, helping to develop or update National Grid accounting policies and communicate practical guidance to accounting teams across the Group.
This is a 12-month full-time contract role based out of our Strand office. We are looking for someone who can make an early impact, work pragmatically with senior finance stakeholders and provide additional technical accounting capacity during a period of important reporting and policy activity. We’d hope to see you in the office at least two days per week, with flexibility to discuss working patterns that help the role work effectively for you and the team.
What You'll Do
- Act as the expert lead for IFRS and UK GAAP technical accounting by providing advice and solutions for the accounting and reporting issues encountered on a day-to-day basis across the Group.
- Draft technical accounting papers for review by Deloitte, obtaining swift sign-off on the proposed conclusions in order to establish the accounting principles to be applied by local and Group accounting teams, and supporting teams to understand the agreed accounting conclusions and working with them to implement on an operational basis.
- Review technical accounting papers produced by our US team who draft papers on both the US GAAP and IFRS conclusions, ensuring agreement and sign-off on the Group IFRS impacts.
- Support projects to implement new accounting standards as relevant to National Grid.
- Support the maintenance and development of Group accounting policies disclosed in the Annual Report and Accounts, helping to ensure policies remain up to date with the latest changes and guidance and are communicated clearly to the businesses and external stakeholders.
- Take a leading role in cross-functional working groups (including Legal, Co-Sec, Tax, Treasury, M&A and other businesses as applicable) to provide accounting advice and solutions for internal and external transactions, for example re-organisations or acquisitions and disposals.
- Build relationships with external auditors and the internal business to make sure their requirements are understood and implemented within the team.
- Bring external perspective and current technical accounting insight to help the team apply best practice and maintain high-quality reporting outcomes.
- Ensure the wider finance community at National Grid is kept abreast of technical developments through the running of technical seminars, updates and presentations as required.
- Produce and review disclosures and operate and review key Sox controls for the half year results statement and year-end annual report and accounts.
- Liaise with the external auditors Deloitte on requested deliverables and on issues arising during the statutory reporting process.
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What You'll Have
- Experienced ACA Qualified Accountant with substantial post-qualified experience, ideally with experience of working for, or with, large, regulated utilities.
- Deep IFRS technical expertise.
- Experienced in M&A transactions and related accounting under IFRS 3 and IFRS 5
- Ability to make an early impact, take ownership of defined deliverables and work at pace in a complex Group environment.
- Highly proficient communicator with strong written skills. Self-motivated, proactive with excellent attention to detail.
- A strong team player, with a thirst for developing relationships and information exchange.
- Some knowledge of governance, risk and internal control frameworks.
- Ability to build solid business relationships with internal and external stakeholders.
Don’t meet every single requirement? Studies have shown that women and people of colour are less likely to apply for jobs unless they meet every single qualification. At National Grid, we are committed to building a diverse, inclusive, and authentic workplace for everyone. So, if you’re excited about this role but your experience or qualifications don’t match the job description exactly, we encourage you to apply anyway. You might just be the right person for our growing business in this role or another one.
What You'll Get
- Competitive Base Salary dependent on experience.
- Bonus based on personal and company performance with on target being 20% (with a maximum of 40%)
- Competitive contributory pension scheme where we will double match your contribution to a maximum company contribution of 12%
- Private Medical Insurance
- A company electric vehicle or cash alternative
- Flexible benefits such as a share incentive plan, salary sacrifice car and technology schemes, support via employee assistance lines and matched charity giving to name a few.
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Further Information
The closing date for this vacancy is Midnight 9 September 26, with interviews due to take place w/c 21 September 26 onwards. We encourage candidates to submit their applications as early as possible and not to wait until the published closing date. National Grid’s recruitment periods can and may vary. We reserve the right to remove this advert or close it to further applications at any point during the recruitment process.
About us
Every day we deliver safe and secure energy to homes, communities, and businesses. We are there when people need us the most. We connect people to the energy they need for the lives they live. The pace of change in society and our industry is accelerating and our expertise and track record puts us in an unparalleled position to shape the sustainable future of our industry. To be successful we must anticipate the needs of our customers, reducing the cost of energy delivery today and pioneering the flexible energy systems of tomorrow. This requires us to deliver on our promises and always look for new opportunities to grow, both ourselves and our business.
At National Grid, we work towards the highest standards in everything we do, including how we support, value and develop our people. Our aim is to encourage and support employees to thrive and be the best they can be. We celebrate the difference people can bring into our organisation, and welcome and encourage applicants with diverse experiences and backgrounds, and offer flexible and tailored support, at home and in the office. Our goal is to drive, develop and operate our business in a way that results in a more inclusive culture. All employment is decided on the basis of qualifications, the innovation from diverse teams & perspectives and business need. We are committed to building a workforce so we can represent the communities we serve and have a working environment in which each individual feels valued, respected, fairly treated, and able to reach their full potential.
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