Financial Accounting Manager

Job Description

Description

WHAT YOU'LL DO

Responsible for accounting, statutory reporting, treasury and audits, including oversight of recording and reporting of financial transactions of all legal entities of BCG in UK. Providing leadership, guidance and direction to the accounting team and being an active member of the global finance team in shaping the global finance and accounting agenda of BCG.

You will:

Manage the financial accounting and reporting for the UK group of entities ensuring all local and global compliance requirements are met on a timely basis. Key priorities will cover:

•Manage accurate and timely month end closure including journal entries, uploads to HFM consolidation system and the review and sign-off of the balance sheet reconciliations
•Responsible for the preparation of the financial statements for the UK companies, LLP and the consolidated financial statements and the reconciliation of GAAP to Stat to tax variances
•Responsible for the management of both the UK statutory and US GAAP audits
•Responsible for the calculation, accounting and reporting of the LTCV valuation
•Statutory audit, filing of accounts and external compliance (ONS reporting etc.)
•Compliance in relation to Financial minimum standards and internal governance
•Office insurance coverage in liaison with BCG Insurance resources both the Global Insurance team and local external broker
•Responsible for closing the audit queries of cross border entities, which roll into the UK companies

Drive risk management in financial risk areas through implementation and compliance. Helping to identify and mitigate risks; examples include but are not limited to:

•Embedding risk management into the financial accounting team ensuring adequate systems of internal controls (segregation of duties, reconciliations, checks and balances and oversight)
•Ensuring appropriate policies are in place and monitored and global policies are adhered to and kept up to date
•Enhance internal controls, continuously seeking to reengineer local business process to obtain efficiencies, manage risk, reduce costs and leading improvements as required
Work in partnership with BST function heads in the London offices;
•To provide timely information on monthly spend by budget
•Business partner with the function heads to develop a fluid communication flow on pipeline costs as well as the historic performance
•Build skills in new reporting tools (Tableau, PowerPoint etc.) to reimagine the reporting. Making more intuitive and informative to all users
•Provide deep insight and tell the story of other costs to the Finance Reporting and Operations Manager, L-A-B Finance Director, and BST function leads and managers
•Provide input into the budgeting cycle on direction of travel of other costs and key trends, working closely with the LAB Financial Planning & Control Manager and the Financial Reporting and Operations Manager on the planning cycle
•Support BST managers on all aspects of Finance relating to their roles

Deliver the timely and accurate monthly reporting of the London control statement;

•Ensuring high levels of accuracy and consistency in classification and timings of accounting entries
•End to end ownership of the other costs: Accrual/prepayment reviews, P&L completeness, tracking vs expected & ad hoc analysis as needed
•Support Geography headcount model, understanding growth requirements and open role requests per function
•Providing good quality narrative to the LAB Finance Director and global accounting team on movements, flux and trends
•Deliver first layer analysis and review ahead to support storytelling to senior finance leaders
•Documenting changes in process or accounting approach
•Keeping up to date with changes in accounting standards in UKGAAP and USGAAP
•Supporting any tax filings with necessary analysis or additional reporting

Treasury management of the short- and long-term cash position of the company;

•Overseeing the maintenance of the monthly cash forecasts
•Preparing any project specific cash flow analysis
•Responsible for implementing, maintaining and updating the cash manual policy annually
•Coordinating the management of vendor payments with the Financial Operations team to maximize cash benefit
•Manage the inter-company process and settlement

Have direct line management of the Financial Accounting team;

•Build, manage, coach and develop direct team
•Act as a mentor and coach to the wider London and L-A-B Finance team
•Support the other Finance Managers during sickness and holidays to ensure smooth overall running of London Finance function
•Create an encouraging, supporting and stimulating work environment for all finance staff
•Being an active change manager in all global finance initiative and working towards establishing effective and efficient relationship with any global service delivery hub that is created.

Coordinate additional Financial Accounting administration;

•Providing timely and meaningful financial reporting to local authorities and BCG stakeholders
•BCG has many vertical business units hosted in London, which are part of the UK group legal structure. As part of your role, you will be involved in the consolidation of the businesses, manage treasury and support the businesses on transactions as and when needed.
•Play a proactive role in identifying and addressing areas for improvement to the local accounting processes to gain efficiencies, which is inclusive of, but not limited to assisting with local development and implementation of financial applications
•Take the lead on Future Finance process development and migration to Global Finance hub, supporting the roll out of new financial system ERP and new chart of accounts.
•Work in collaboration with the Financial Reporting and Operations manager in the delivery of other ad hoc strategic projects for both local office and wider L-A-B system, e.g. Long term property strategy, subsidiary purchases and new legislative compliance
•Responsibility for implementing system enhancements and embracing new technologies
•Support any Finance function change management projects

YOU'RE GOOD AT

•Understanding of the consulting business, and the nature of work we do with clients
•High proficiency in all standard software and ERP (Excel, Powerpoint, Word, Oracle, SAP etc)
•A ‘can do’ attitude, creative problem-solving skills and tenacity to find solutions
•Strong business judgment and business analytical skills
•Forward-looking, pioneering and entrepreneurial thinking
•Having excellent project management skills to ensure timely closure of audits etc.
•Clarity, tact and professionalism in communications
•Experience in managing key stakeholder relationships, including interactions with Managers and Senior Management on a daily basis
•Being able to give honest and open feedback in a timely manner
•Readiness to work with teams across different offices, with proven consensus building, leadership and change management skills
•Patience, maturity and sensitivity to listen to and deal with complex issues
•Self-motivated, works independently and takes initiative
•Well organized, with strong ability to plan and ability to manage a number of initiatives in parallel
•Attention to detail, accurate and thorough
•Professional, impartial and independent attitude
•High degree of integrity
•Strong commitment to confidentiality

YOU BRING (EXPERIENCE & QUALIFICATIONS)

•Professional accounting qualification (ACA, ACCA, CIMA)
•Minimum 3 years Accounting Manager or 4 years post qualification experience
•Expert knowledge in Accounting standards
•Professional services experience
•Strong knowledge of UK GAAP, local taxes and statutory requirements
•Experience across finance functions, including experience in general accounting and familiarity with US GAAP, tax and treasury, financial systems and financial reporting
•Strong interpersonal and communication skills
•Ability to lead a wide range of people and personalities
•Strong organisational skills, orientation to detail and initiative
•Ability and willingness to provide a wide range of financial services from routine to more complex financial management tasks
•Proficiency to work with systems and willingness to learn more as required (i.e. excel, business objects, Powerpoint, Oracle)
•Excellent English skills (verbal and written communication) and meeting presence.

YOU'LL WORK WITH

Members of our finance team are responsible for preserving the intellectual capital, assets, and integrity of BCG. We make a decisive impact on the firm’s direction, performance, and risk-management models. Finance jobs include accounting and reporting, planning and analysis, tax and treasury, financial systems, payroll, and executive compensation.

WHO WE ARE

BCG pioneered strategy consulting more than 50 years ago, and we continue to innovate and redefine the industry. We offer multiple career paths for the world’s best talent to have a real impact on business and society. As part of our team, you will benefit from the breadth and diversity of what we are doing today and where we are headed next. We count on your authenticity, exceptional work, and strong integrity. In return we are committed to supporting you in discovering the most fulfilling career journey possible—and unlocking your potential to advance the world.BST is the operational heart of our business and is invaluable to our success. Roles such as finance, human resources, risk, and IT, help propel BCG forward. BST employees support the core of the organization and provide outstanding value to the business. As a BST member, you will work with inspiring, talented, dedicated, and curious colleagues in an energizing, fast-paced environment in which people are treated with respect and help one another to succeed. Working at BCG provides you with the opportunity to grow through interesting and challenging work and to have an active voice in your personal career development.

 
 
Apply

There is something wrong with this job ad? Report the error