Financial Reporting & Accounting Manager

Job Introduction

Sodexo are looking to hire a Financial Accounting & Reporting Manager to join our high performing team! 

You will be responsible for reporting the region’s financial statements monthly, ensuring compliance to reporting standards, group deadlines, and control over our balance sheet. This involves working closely with Group Finance, UK&I Finance Directors and other areas of the business to tackle issues related to reporting and drive process improvement.

This position can be based in either London or Manchester with an expectation of being in the office 2 days per week.

Role Responsibility

• Delivery of monthly actual P&L, balance sheet and cash-flow statement in the reporting system HFM. This includes closing of the SAP subledgers and general ledger according to the defined timeline and loading this data into our group reporting system (HFM) working to resolve any issues and drive efficiencies .
• Submit controlled accounts by working day 5 and take responsibility of finding and implementing efficiencies in the monthly controlling process.
• Drive improvement of the quality of accounting information to facilitate monthly reporting process, working closely with our accounting shared services centre in Porto, the segment financial controllers, the FP&A team and IS&T for necessary system developments.
• Work closely with segment Finance Directors in ensuring agreed acquisition accounting for acquired entities, and in supporting with corporate disposals in line with group reporting requirements
• Work closely with segment Finance Controllers and Head of Finance – Region Management Reporting to improve control over the balance sheet.
• Develop and create monthly entity reporting to inform the region CFO.
• Work with the finance director of our global sports events business to guarantee correct reporting of trading, assets and liabilities.
• User of the Planon (asset management tool used for IFRS 16 impact calculation) finance processes: coordinate monthly update of information, monthly close and booking of IFRS 16 journals in the accounting system and controlling of resulting impacts in the financial statements.
• Responsible for the production, audit, signature and filing of the companies’ entities statutory accounts (circa 40+ trading entities and 55+ dormant entities).
• Responsible for ensuring SAP and group entity reporting in line with statutory reporting, with minimal exceptions being fully and clearly auditable.
• Technical point of reference for Finance Directors for all technical accounting matters in UK GAAP and IFRS (IFRS 2, IFRS 9, IFRS 15 and IFRS 16). Own implementation of new accounting standards in the region, working closely with the Group Director of Accounting Methods and Procedures and the Region’s Finance Directors.
• Own the monthly and annual calendar for meeting reporting deadlines for Group consolidation.
• Involved in the bi-yearly external audit process. This includes being the point of contact for external auditors, coordinating preparation of the PBC list documentation, follow-up progress of the audit.
• Support the project to optimize the company structure: strike-off dormants, reduce the number of entities.
• Accountable for management accounting of holdings entities and PFIs.
• Own accounting issues log quarterly review with Group Consolidation Director.
• Manage specific finance processes such as pensions accounting, free shares accounting, distribution of dividends, apprenticeship levy prepayment, loans accounting, exceptional costs accounting.
• Accountable for ONS and Cabinet office reporting.

The Ideal Candidate

• Qualified accountant (ACA / ACCA / CIMA)
• 5+ years’ experience in a finance position
• Experience of IFRS reporting and UK GAAP
• Experience with accounting systems (SAP) and financial reporting/consolidation systems (HFM)
• Resilient and motivated with drive and determination to identify and resolve issues
• Ability to work independently and as part of a team
• Ability to communicate effectively at all levels
• Ability to work under pressure; think clearly and act decisively
• Flexible and comfortable with working in a context of change
• Good personal organisation skills

Package Description

£65,00 - £75,000 DOE + Excellent benefits

We also offer Sodexo Discounts site promoting discounted mobile phone tariffs, savings across restaurant chains and days out, where you and your family can save money on everything from your weekly food shop to the latest cinema blockbuster and much more

About the Company

In the UK and Ireland, Sodexo employs around 30,000 people, and partners with clients in many sectors across business and industry; schools and universities; sports and leisure; energy and resources; government and agencies; healthcare; justice and defence.

Sodexo’s connected; people-centric approach brings together a diverse range of expertise. The breadth of services it offers ranges from food and hospitality; cleaning; reception; concierge (Circles); security; property management and technical services through to data driven workplace strategy and design (Wx); employee engagement and recognition services (Sodexo Engage) and personal home services through Prestige Nursing + Care and the Good Care Group.  

Vital Spaces is Sodexo’s value proposition that puts people at the heart of everything we do, bringing together services and solutions and focusing on the productivity and wellbeing of people wherever they are.

Sodexo is committed to being an inclusive employer; we welcome and encourage applications from people with a diverse variety of experiences, backgrounds and identities.

We’re a Disability Confident Leader employer. We’re committed to changing attitudes towards disability, and making sure disabled people have the chance to fulfil their aspirations. 

We are building on our support to the Armed Forces community through the development of specific pathways within our recruitment process to  support ex-forces personnel and reservists, those applying for jobs with us who meet the ideal candidate criteria for the role advertised are guaranteed to progress to the selection process