Financial Reporting Manager

☞ Cadent Gas Limited

View: 108

Update day: 01-06-2024

Location: Coventry West Midlands

Category: Accounting / Auditing Finance / Bank / Stock

Industry: Utilities

Position: Associate

Job type: Full-time

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Job content

Contract type:Permanent

Location:Coventry

Salary:Up to £69K depending on qualifications and experience

At Cadent we’re excited to be part of the future of UK energy! We’ve got a clear roadmap that will both drive our performance to the forefront of our industry and support the UK government in achieving their net zero target by 2050.

We’re making a difference through innovation and new ways of working. Together we’re shaping/creating a cleaner, greener future for our 11 million customers who we put at the heart of everything we do.

About The Role

Our Financial Reporting Team supports the Board and Audit Committees to enable effective decision making by providing prompt, accurate and relevant information.

As part of this support, you`ll ensure that key projects in the team are delivered within the required deadlines and ensure that all statutory reporting is delivered within the required deadlines and that a robust control environment is maintained to ensure the reporting is accurate.

Key Accountabilities Of The Reporting Manager – Finance Will Include
  • Delivery of statutory reporting for 13 legal entities. This will include any related Interim requirements (Cadent Finance Plc, Cadent Gas Limited, Quadgas Finance Plc and Quadgas Midco Limited) and also quarterly reporting to the consortium of shareholders
  • Reviewing monthly reporting performed by the team using consolidation systems Longview/BPC (including signing off of month end controls)
  • Managing the external audit process, including the external audit of financial returns submitted to Ofgem and the banks, resolving queries and issues raised by auditors and regulatory bodies
  • Interpreting and disseminating Cadent Gas accounting policies and new accounting standards to the UK Business, ensuring their implementation in Finance. Establish training and support processes, providing expert accounting advice to all parts of the business to ensure compliance and maximisation of value to Cadent Gas
  • Leading the financial reporting team in key Group accounting areas. These areas include distributable reserves, goodwill impairment, accounting for related parties, exceptional items, accounting for our defined benefit pension plan, IFRS 16, supporting any treasury refinancing requirements, assisting with covenant compliance with our loan documents and pension trustees and any other key areas
  • Delivering the new consolidation module (BPC) and disclosure management to ensure the effective use of systems in our reporting processes
  • Driving and supporting the delivery of change across Finance and the business, role- modelling new ways of working and owning the delivery of key outcomes to drive the improvement of long-term business capability.
  • Leading and developing a highly motivated, innovative and customer focused Finance team
  • Assisting the high-quality documenting of end-to-end processes and controls to meet Regulatory compliance requirements. Ensure that governance and internal financial control over processes are robust and comply with Cadent Gas frameworks
  • Providing the financial support to the Board and Audit Committee including supporting initiatives including dividends, financing and regulatory finance matters

About You

You’ll possess the following qualifications, skills and experience:
  • Detailed technical knowledge of IFRS and UK GAAP and experience of applying principles in complex situations
  • Prior exposure with a Financial Reporting function preferable with knowledge of consolidation systems
  • Experience of working in a regulated industry preferable or demonstration of being able to work with a variety of stakeholders

Qualifications Required
  • The role requires a full qualified accountant or equivalent (e.g. ACA, ACCA)
  • Degree or equivalent

Diversity and Inclusion

Cadent has a commitment to Diversity and Inclusion, the more diverse our organisation is, the better able we are to respond to and reflect our communities we serve in all their diversity. We therefore encourage and welcome applications from people with a diverse variety of backgrounds; age, gender, ethnicity, disability, sexuality, social background, religion and/or belief.

We want our employees to achieve a work life balance and are happy to discuss flexible working options with you if the role can accommodate it.

If you require any reasonable adjustments during the application process, please let us know. We’re committed to be Disability Confident in line with the department of work and pensions scheme.

Be part of something big. Help shape the future of gas for generations to come.

Primary Location

United Kingdom-West Midlands-Coventry

Job

Finance

Organization

Finance (CFO)

Job Posting

07-Jun-2022, 4:09:33 PM
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Deadline: 16-07-2024

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