Financial Reporting Manager
The Power of Now
Be part of something big. Fortescue is leading the world with our plan to decarbonise our iron ore operations, projects that harness renewable energy and the development of technology that will change our planet forever.
An opportunity has arisen for a Financial Reporting Manager to join the Finance department in our Kidlington HQ.
About the role
The Financial Reporting Manager (FRM) is responsible for managing complex accounting matters under IFRS and local GAAP (transition), supporting the accurate reporting of monthly results to Group for consolidation as well as the preparation of local standalone statutory accounts and the management of the audit. The FRM will provide advice on revenue and lease contracts as well as non-routine transactions by drafting accounting position papers.
What you will do
- Take ownership for ensuring the accuracy of the accounting records of the subsidiary in accordance with Group Accounting Policies and IFRS
- Maintenance of sales contracts register and accounting position papers for new contracts
- Monthly recognition of sales revenue accruals/deferrals in line with IFRS 15 and in coordination with FBP/Operations
- Provide guidance to FBP/operations on forecasting revenue for quarterly group forecast submissions
- Prepare accounting position papers for non-standard transactions and new business initiatives and contracts
- Monitor changes in accounting standards and assess their impact on the company’s financial statements
- Maintenance of lease register and monthly IFRS 16 journal entries
- Assistance with the month-end financial reporting close process to deliver accurate results as per the Group deadlines
- Liaise with global head office teams on technical accounting and reporting queries
- Preparation of high-quality balance sheet reconciliations
- Year end preparation of local audited statutory accounts and disclosures
- Management of external and internal audits
- Provide various approvals and participate in internal control activities outlined in internal policies and other documents
- Support the continuous improvement of controls and processes across the business
About you
- Qualified chartered accountant (ACA, ACCA or equivalent)
- Excellent understanding of IFRS requirements and proven experience in an accounting role at Big 4 or a global and fast-paced organisation
- Experience of preparing and reviewing statutory financial statements.
- Experience of managing annual audit relationships desirable (or experience of statutory audit in practice).
- Advanced Excel skills are essential
- Excellent written communication skills
- Excellent problem-solving skills
- Ability to work within tight deadlines
What is in it for you?
Our UK benefits include:
- Bonus scheme
- Aviva Pension
- Group Life Assurance
- Group Income Protection
- Electric Car Scheme
- Health Cash Plan
- Employee Assistance Programme
- Private Medical Insurance
- 26 days holiday plus public holidays and the opportunity to purchase an additional 5 days per year
- Childcare Benefits
- Free on-site gym access and discounted national memberships
Fortescue celebrates individual strengths and team members are encouraged to bring their whole selves to work. Our global workforce drives and promotes an inclusive culture, both within our organisation and throughout the communities we interact with. Diverse backgrounds include First Nations Peoples, people with disabilities, LGBTQ+ community, gender, neurodiverse, cultural diversity, all age groups, and those with an intersectional or multiple diverse characteristics. We encourage candidates from all backgrounds to apply.
https://fortescue.com/careers
Internal Candidates / Current Contractors please apply via Success Factors Careers Portal. For further information on how to apply please visit the Fortescue Hub.
Fortescue reserves the right to close applications early should a suitable pool of candidates be identified. Fortescue will never contact you to ask for payment of any kind, whether directly or through a third party.