Financial Controller - International and New Business

next - Leicester, Leicestershire, United Kingdom | 2024-09-11 20:18:28

This is a fantastic opportunity for a passionate and ambitious finance professional to join the Finance department as the Group Financial Controller for International and New Business at Next plc. 

Through this role you will gain exposure to many areas of the business and work proactively to support new initiatives including expansion into new international territories and the accounting and reporting for newly acquired companies.  

About the role

Based out of our Leicester Head Office and managing a team of 5 staff your primary responsibilities are ensuring that our accounting and financial reporting for our new businesses, both overseas and those newly acquired, are accurate, consistent with our Group reporting requirements and supported by appropriate financial controls.  

You will: 

  • Oversee the accounting and reporting for our international businesses in Germany, USA, Middle East and India.  This will include the preparation of monthly management accounts, cash forecasts and budgets for consideration by the Main Board in making effective business decisions and strategic planning for the future.  In addition, preparation of reports for, and attendance at, all Audit Committees will be required.
  • Oversee the integration of new business into the NEXT Group from both an  accounting and financial reporting perspective.  This will include the implementation of Group accounting policies  for the newly acquired businesses and integrating them into our group reporting timelines.  Working with the acquired entities you will also lead work on the acquisition balance sheets including the accounting for any management incentive schemes, brand valuations and provisions. 
  • Working with the Group Financial Controller for the Brand business you will oversee the production of half-yearly and annual financial accounts consolidations and prepare a substantial part of the Annual Report and Accounts for external publication, together with related information, in order to maintain the optimum professional profile of the Group.
  • In conjunction with group finance colleagues, ensure that the Group complies with relevant corporate governance standards. 
  • Assist the Group Finance Director and Central Finance Director in evaluating and carrying out strategic directives of the Main Board, in the form of ad-hoc projects, which may include business development projects, acquisitions and disposals.
  • Work with colleagues across the business to help maintain and develop the financial control environment and ensure integrity of the financial reporting process. 
  • In conjunction with the Central Finance Director, deal with external advisors (e.g. auditors, lawyers, bankers and actuaries) and satisfactorily resolve any audit issues that may arise.
  • Ensure that statutory accounting requirements are complied with throughout the Group, especially in respect of preparation and audit of subsidiary statutory accounts.
  • Act as accounting lead for the Group team as part of the Finance modernisation project.  This project team is responsible for the implementation of a new Finance accounting and reporting system across the Group.  As lead contact from the Group team you will be responsible for ensuring that the statutory reporting requirements are correctly understood and built into the new finance system. 


About you 

  • The jobholder needs to be a qualified accountant, most likely Chartered or Certified, with a very strong technical accounting knowledge base (IFRS) and financial accounting skills.
  • Previous experience with professional advisers is desirable, e.g. auditors, lawyers, bankers and financial institutions.
  • Good communication skills are essential to the role, particularly in dealings with Main Board and finance colleagues, as well as external parties.  Negotiation skills are advantageous for work in the corporate finance area, particularly with external advisers.  In addition, persuasiveness may be required in dealing with both colleagues and external auditors.
  • Report writing and presentation skills are a prerequisite in order to achieve the necessary quality in written communications, both internal and external.
  • The jobholder must be able to demonstrate a pragmatic approach to solving problems.
  • Technical training is required to keep up to date with accounting and relevant legal and regulatory developments, and should be combined with general business training in order to enhance commercial awareness. 


 



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