Finance Consolidation Manager

Finance Consolidation Manager * Closing Date for Applications - 19 June 2020 * Finance * Permanent * THIS ROLE IS BASED IN GLASGOW - HEATHROW BUSINESS SUPPORT CENTRE We are looking for Finance Consolidation Manager to join our Finance Management Team at the Heathrow Airport Shared Service Centre located in Glasgow. You will be a qualified ACA or equivalent with extensive experience leading on consolidation activity for a large company. Potentially a good first move from the Big 4 having experience and a working knowledge of leading large public interest company reporting (ideally Pic) with a good knowledge of IFRS. We are looking for an energetic, motivated individual who has strong leadership skills to continue building out strong culture and environment that enables continuous improvement and service excellence through our people. The Heathrow Airport Shared Service Centre is located in Glasgow, and is our Centre of Excellence delivering finance and people support services to the UK's largest airport. Our well established and award-winning Centre of Excellence has over 100 colleagues on site, delivering critical support functions that help enable Heathrow to achieve its vision "To give passengers the best airport service in the world". This is an exciting time to join a high performing Finance Team that is well respected by Heathrow for delivering real benefits and added value, and with an opportunity to grow your career within an organisation with an internationally recognised brand. We offer an attractive benefits package including base salary, contributory pension, attractive staff discounts and a performance driven bonus linked to the outcomes you deliver to Heathrow. Role Specific Responsibilities * Manage the consolidation processes and required reporting for all Heathrow operating companies, ensuring integrity, quality and timeliness on the first cut of the numbers * Lead on reporting of the first cut on the numbers for external (statutory, regulatory, investor, shareholder) and internal (management) audiences, including monthly, quarterly and annual reports * Own the delivery of the reporting process within current systems being SAP BPC (Business Planning and Consolidation) software * Ensure that other financial systems continue to align to SAP BSC * Identify continuous improvement and efficiency opportunities in reporting processes, including identifying areas where automation can deliver greater value * Lead and develop a small team, whilst working closely and developing relationships across the wider Finance function and with external stakeholders (such as auditors) to ensure that consolidation is accurate and has high degrees of integrity Principal Accountabilities * Accounting & Reporting - Manage the Group's consolidation activities required for external reporting (statutory, regulatory, investor, shareholder reporting) and internally (management reporting) and ensuring the integrity, quality and timeliness of reported results. Preparing year end reporting packs for all groups entities which can be used for statutory account preparation * Month-end timetable- Maintenance and distribution of monthly, quarterly and annual reporting timetable and associated check-lists for smooth period close * Consolidation journals - Post all consolidation journals at the appropriate levels such that reporting is compliant with requirements (Reporting occurs under IFRS and FRS 102 there is also reporting required to a significant shareholder)Ensure appropriate support is maintained for audit evidence. Work closely with other centres of excellence such as Financial Control, Tax, Treasury and FP&A to prepare and post their required journals in timely manner. Run and distributing BPC journal extract once period is closed to ensure all journals are appropriate and accurate * Accuracy checks - run validation checks as part of the monthly process, provide external audit evidence as required * Data consistency - Ensure other financial systems continue to align to SAP BPC (Oracle ERP and Oracle ePBCS (planning system). Where consolidation/late journals are posted ensure these are pushed down to the relevant place within the ERP system and they do not remain as topside journals * Group adjustments - Post and calculate central adjustments as required these are often recognised on a quarterly basis (examples include some adjustments posted to reflect IFRS 9, IFRS 15, IFRS 16) * Intercompany - Running intercompany mismatch report and resolving variances by liaising with other teams in the business and posting any adjustments via BPC journals * Process - Ownership and maintenance of process notes relating to all tasks covered by this role * Seek efficiencies where available support the Magenta programme to automate reporting * Team - Accountability for managing, development and coaching of a direct report. Will be expected to work closely and develop strong relationships with the finance department notably Financial Contr