Interim Head of Group Reporting

Interim Head of Group Reporting (jobb-ID: 3520)

Main tasks/Duties: 

• The Head of Group Reporting and IFRS (HGR) would report to the Group CFO.
• IFRS adjustments of local GAAPs and consolidation to Group financial statements.
• Compliance with group regulatory and exchange reporting requirements.
• Establishing and developing a consistent reporting policy across group companies and over time, as applicable to local requirements.
• Consolidating accounting process description to an accounting manual/policy for the group (for example stock take for inventory and inventory adjustment, valuation of used stock, provisions for bad debt, IFRS-16).
• A documented, clear, consistent and systemic process for accruals, reserves, provisions and impairments.
• Improved granularity (detail and split) on costs and income, assets and liabilities and cash flows. Appropriate detail in the published accounts as business evolves.
• A clearly documented and systemic mapping, translation and classification/grouping process from transaction > local GAAP > MA > IFRS for all financial statements (income statement, balance sheet, cash flow statements).
• Efficient and consistent reporting process and system (incl choice, in agreement with other business heads, and application of accounting and management information system across the group).
• Manage systems, partners (eg ECITs in Stockholm), team, process, communication and monitoring and control in Group consolidation.
• Constant work to improve automation, efficiency, transparency, consistency and integrity of reporting function. Minimize manual involvement and discretionary judgement and adjustments. Make sure an audit trail is always available, logical and easy to follow to the original transaction documents.
• To own final closing numbers and disclosures (working with all suppliers of data, from local accounts to commercial departments to business management for highest efficiency and integrity) in the public reports.
• Lead audit work and arguments. Collect audit evidence from business departments or setting of process to collect such data and detail. Close and constructive day-to-day dialogue with auditors in preparation, execution and follow-up of reporting.
• Close dialogue and cooperation with internal audit on compliance and internal controls in the reporting process.
• Close cooperation with FP&A to minimize differences and synchronize any changes between statutory, management and IFRS accounts and to employ forecasts and budgets to sense-check and test accounts (for example goodwill, asset values and margins).
• Identify and acquire resources (people and systems) necessary to improve integrity and efficiency in the reporting process.

To be eligible for the role, you have:

• At least 8 years work experience with 4 years of international IFRS reporting. (>4 years of work experience in big 4) and a minimum of 4 years in corporate.
• Holder of a recognized International accounting qualification (eg ACCA) – and “Hands-on lead-by-example approach”
• Experience with listed company and international working experience are positives. (Firm diplomat profile)
• Fluent English is a requirement. Strong German is a positive. Curious about business (understanding what the accounting reflects and how business and accounting should change)
• Curious about business (understanding what the accounting reflects and how business and accounting should change)
• Constructive and collaborative approach – Coordinate and drive but also be practical and do him/herself.
• Speak up and disagree with management and auditors.
• Own IFRS results and great communication skills; create circle of information flow for need and nice to know people in closing process.
• Forensic/detective (passion for drilling down and get to the truth) not taking things at face value. (Doer and process leader)
• Change agent, architect and builder of systems and standard processes.
• Believer in system, automation, records and traceability.
• Readiness to international travel. Readiness to stay for longer periods in Germany.

About the process:

The assignment is full-time with an preliminary start on September 1, and is expected to last for approx. 7-9 months. We present candidates on an ongoing basis and the interview with the client company takes place in close connection.

Do you have the right profile and are you available? Apply today!

Responsible recruitment consultant is Michael Schilling who collaborates with researcher Albin Humling.