Group Technical Accounting Senior Manager (maternity cover)

Group Technical Accounting Senior Manager (Maternity Cover – 9 months)

Full time Hybrid – 3 days a week in the office

Derby

Using highly developed technical finance and professional skills, you will be expected to work with colleagues within the team and across the global business to ensure that accounting issues are addressed in a timely manner and that financial accounting matters are considered in commercial transactions. This will ensure that the Group’s financial statements are clear and compliant with accounting standards.

The role is also key to supporting the leadership of the finance function, particularly in providing the Director of Group Financial Control & Tax, Group CFO, Group Audit Committee and our auditors with confidence over the integrity of the conclusions reached over key accounting judgements and ultimately the Group’s financial reporting.

This is one of three Group Technical Accounting Senior Manager roles that report into the Group Head of Technical Accounting. The Group Head of Technical Accounting  reports to the Director of Group Financial Control & Tax.

What you will be doing 

The following are typical of tasks that will be performed within the team.

• Resolving technical accounting application issues across the breadth of the business, both proactively and as they arise. This requires partnering closely with the business to understand key business issues and the accounting judgements and estimates that need to be made. Supporting by providing expertise on technical accounting treatments that are compliant with IFRS and the Group Finance manual

• Working with the business and the external auditors of the Group and component teams to ensure a robust focus on closing accounting issues on a timely basis

• Providing functional assurance for material investments and customer bids across the businesses to enable the Group to make informed decisions based on technically accurate financial information

• Maintaining and communicating a Group Finance Manual to ensure compliance with Group policy and regulatory standards. Being an advocate for financial control by challenging the integrity and accuracy of our accounting and reporting

• Keeping abreast of updates on accounting standards and externally issued best practice guidance. Monitoring to assess the potential impact on the Group and any actions required to be taken to ensure that the Group remains compliant

• Leading the implementation of new accounting standard requirements and externally issued best practice guidance. Ensuring that appropriate procedures and tools are implemented to enable the Group to continue to meet statutory requirements. Communicating and cascading new requirements to the business to ensure the correct information is collected for inclusion in the financial statements

• Working with key stakeholders across the business to produce high quality audit committee papers for presentation to the Group Audit Committee

• Working closely with the Head of Group Reporting and their team to ensure the contents of the Rolls-Royce Holdings and Rolls-Royce Plc Financial Statements are compliant with IFRS. This includes co-ordination and drafting of Accounting Policies in the Annual Report including key areas of judgement and sources of estimation uncertainty

• Providing financial expertise to cross functional teams in support of M&A activity
   

Why Rolls-Royce? 

Work with us and we’ll welcome you into a culture of caring and belonging where you can be yourself. We will listen first, embrace feedback and act with integrity. We will invest in your continuous learning and development, and make sure you have access to a wide breadth and depth of opportunities to grow your career and make a difference. 

We offer excellent development, a competitive salary, and exceptional benefits. These include bonus, employee support assistance and employee discounts. 

Your needs are as unique as you are. Hybrid working is a way in which our people can balance their time between the office, home, or another remote location.  It’s a locally managed and flexed informal discretionary arrangement.  As a minimum we’re all expected to attend the workplace for collaboration and other specific reasons, on average three days per week. 

Who we’re looking for 

 At Rolls-Royce we put safety first, do the right thing, keep it simple and make a difference. These principles form the behaviours that guide us and are an essential component of our assessment process and are fundamental qualities that we seek for all roles.

This particular role is a leadership role and as such we expect the successful individual to be able to exhibit many of our Leadership Expectations, which are:

• One Enterprise Mindset, One Team

• Adaptiveness & Resilience

• Holistic Thinking, Simplification & Decisiveness

• Execution & Business Impact

• Operational Effectiveness

• Build Talent & Capabilities

In addition, for this role we are looking for someone who has:

• A professional accountancy qualification and deep IFRS experience. An external audit background is likely to be preferable

• High levels of technical accounting experience in applying accounting standards to complex and material transactions

• An ability to identify and help implement workable solutions that are both practical and technically sound

• A track record of delivery within committed timescales whilst maintaining stakeholder communication

• Ability to quickly understand complex issues, summarise and articulate them in a simple and concise manner

• Resilience, problem solving and good judgement – this role is often the first point if contract for identifying and addressing issues and queries

• Excellent communication, leadership and influencing skills

Join us & help Rolls-Royce to become a high-performing, competitive, resilient business. 

Please be aware that the priority will be given to employees identified as being at high risk. The professional level and salary of the position will be dependent on the skills and experience of the successful candidate but is anticipated to  

This job is advertised at the grades shown, and this is the desired operating level for this role. We encourage applications from candidates with relevant experience from any grade. 

It is advised that you inform your current manager of your application for this role.   

We are an equal opportunities employer. We’re committed to developing a diverse workforce and an inclusive working environment. We believe that people from different backgrounds and cultures give us different perspectives. And the more perspectives we have, the more successful we’ll be. By building a culture of respect and appreciation, we give everyone who works here the opportunity to realise their full potential. 

Learn more about our global Inclusion Strategy 

Grade:  Management Level B

For further information, please contact:  Alison Connaughton