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Financial Reporting Manager - PE backed hospitality

  • Location City of London
  • Job type Permanent
  • Reference BBBH127789

Investigo are delighted to be partnering with a PE backed hospitality business in their search for a Financial Reporting Manager. The business expanded rapidly through both organic and acquisitive growth, with an EBITDA of over £100m. The business remains confident that this growth trajectory, with the eventual aim of a business exit, will resume as the effects of the pandemic continue to subside.

The Role:

The successful candidate will form part of the Group Reporting team, managing the Group Accountant. Through regular, close communication with local Finance teams, they will gain a detailed knowledge of local business developments and consequently, then be able to better review, challenge and understand local business results.

They will work with key stakeholders, including local Finance Directors, Finance Systems and FP&A, to drive improvements by further standardising reporting and systems processes and they will also help to ensure that Group accounting policies are being consistently applied. Doing so will enable the business to continue to improve the quality of analysis of Group results, which in turn will assist both management and owners with their understanding of business performance.

Reporting into the Head of Financial Reporting, the individual will lead the delivery of an effective and accurate consolidation, ensuring that monthly, quarterly and year-end Group financial reporting processes and requirements are met in an accurate and timely fashion, in line with accounting standards and Group policies.

This role will be key to the completion of the year-end statutory accounts process, both through preparation of the primary statements, including notes to the accounts, and other supplemental disclosures. The candidate will be a main point of contact to support the external audit team through their interim and year-end work and will be responsible for issue resolution during that time.

The role will also contain other ad-hoc elements, including taking the lead on technical reporting issues, assessing the impact of new accounting requirements and advising on the financial reporting consequences of commercial decisions. In addition, the candidate will take responsibility for the accounting for any acquisitions and disposals, complex business transactions, and other projects as they arise.

The Individual:

With around three to four years' post-qualification experience, the individual will be comfortable dealing with both internal contacts (from local Finance colleagues and leaders through to Portfolio Directors and the Management Board) and external stakeholders (e.g. auditors and advisors).

It will be essential to become an expert in the relevant systems and processes that underlie the Finance function, and to share this knowledge across the Group through close collaboration with local Finance teams.

Strong written and verbal communication skills with a can-do attitude are required. An individual with good attention to detail and advanced Excel skills who can adapt to the evolving requirements of both the Finance function and the business we support is also essential.

Experience of multi-currency consolidations and improving reporting processes will be required. Previous experience of large, complex businesses with a global footprint would be a benefit