Group Financial Reporting Manager

Job content

Job Role:

Medica Group plc is a global HealthTech and FTSE main market listed PLC. In the UK we are the largest teleradiology provider, providing services to over 50% of the NHS. Globally Medica has over 700 specialist radiologists, radiographers and other Allied Health Professionals based in the UK, USA, Europe, and Australia/New Zealand providing services co-ordinated by a company team of over 300 people based out of offices in the UK, Ireland and the US.

In the UK Medica has a small group function and a UK business with over 130 based in Hastings. With the company still focusing on growing and expanding its broader tele-medicine offering as well as its core tele-radiologist services, there has never been a better time to get involved. In 2020 and earlier in 2021 we have completed a number of M&A transactions including the acquisition of Ireland’s largest Tele-Radiology services provider, the acquisition of a high-quality provider of reporting services to pharmaceutical clients for clinical trials, a new JV with one of Australia’s largest private diagnostics companies, a full refinance of its debt facilities and a very well supported equity placing.

Medica listed on the main market in 2017 and currently has a market capitalisation of c. £200mm.

Although our UK office is currently based in Hastings, East Sussex, Medica would welcome applications from candidates who are open to a flexible home working pattern, with the following pattern expected: 2 days in Hastings, 1 in London, 2 from home with the likelihood that our group functions will be permanently established in London during 2022.

The role is heading up the group team, reporting directly to the Group FC and managing initially one direct report and working closely with the divisional finance teams in the UK, Ireland, and the US. The successful applicant will be joining an expanding finance team of over 15 including 5 qualified accountants.

£55-65k p/a

Main Responsibilities:

• Management and oversight of the Group Assistant Accountant
• Group management reporting - consolidating results from the UK, Ireland, and US businesses
• Group Plc statutory reporting for half-year and year-end under IFRS
• Preparing multi-currency consolidation
• Overseeing the audit process
• Overseeing preparation and filing of UK subsidiary statutory accounts under FRS 101
• Co-ordinating tax process for the group
• Responsible for maintaining, reviewing, and improving internal processes and controls
• Overseeing treasury management and reporting to banks for covenant compliance
• Maintaining the accounting for share-based payments under IFRS 2
• Oversight of the stand-alone Medica Group Plc company budget
• Provide technical accounting support for the group
• Support ad-hoc project work as required

Desirable Skills/ Experience:

• The ideal candidate would be a Big 4 / larger Practice Manager (at least 1 year experience at management level) with experience of PLC’s.
• Technically strong with exposure to:
• Multi-currency consolidations
• IFRS 2
• Acquisition accounting
• Knowledge of best practice processes and controls
• Up to date on financial reporting
• Good understanding of tax
• Relevant industry experience in healthcare or technology would be useful but is not essential

Core Benefits for you:

• ???? Flexible and remote working
• ⚖️ A company culture that promotes work life balance
• ???? Commitment from employers to continued learning and development
• ???? Access to mental health support
• ???? Annual Bonus
• ???? 25 days holiday + bank holidays
• ????️ Group Life Assurance
• ???? Pension
• ???? Opportunity to be involved in a PLC Sharesave Scheme (Buying shares within the company)
• ???? Social events
• ???? Sick pay