General information

Job Title
Group Reporting Manager
Ref #
28003
Date
Monday, January 23, 2023
Country
United Kingdom
Location
Woking
Business area
Group Finance
Department
Group Finance
Position level
E - Management
Working time
Full Time
Contract type
Permanent
Working pattern
9am - 6pm Monday to Friday

Description & Requirements

Background

No restraints. No limitations. We don’t simply push boundaries. We completely rethink them. McLaren Automotive exists to create breath-taking performance road cars.

With innovation at the core of all we do, every challenge starts with the same question. How can we do it better? This restless spirit runs right through McLaren Automotive. And the search for perfection is evident in everything we do.

Purpose of Role
The role is an integral part of the finance team with responsibility for leading and managing group finance processes including the financial consolidation process, group monthly management accounts, group budgeting / forecasting, consolidated annual reports, and the group external audit. The audience for this financial information includes senior management, board of directors, shareholders, bondholders and other external parties.
Principal Accountabilities
  • Manage and operate the month-end processes, including preparation of the group’s consolidation and monthly management accounts.
  • Preparation of commentary to be included in the management accounts and circulated to the finance leadership team, senior management, board and shareholders.
  • Plan, manage and run the quarterly forecasts, annual budget and annual long-term strategic processes – including the capture of financial information, consideration of and challenge of submissions and preparation of summary presentation decks for presentation to senior management, board and shareholders.
  • Prepare quarterly financial statements, including both commentary and condensed financial statements/information, for release to the market/bondholders.
  • Support the preparation of the quarterly investor presentation deck, through provisions of relevant financial information and ensures consistency and accuracy of information.
  • Prepare for the production of the year-end group financial statements from planning, data collection and consolidation. Manage, draft and produce the Group's Annual Report including liaising with the external auditors, tax, treasury, legal and other relevant departments
  • Manage the Group’s external audit process including drafting/reviewing key financial reporting position papers for group matters, and the provision of high-quality and timely information to the auditors
  • Work with divisional teams to ensure consistency of the subsidiary companies' annual statutory financial statements with that in the group consolidated annual report
  • Ensure good stakeholder management and liaise with other finance teams to ensure that data is correct, complete and on time
  • Manage the maintenance of consolidated financial information using the Group's consolidation system
  • Provide guidance on the Group's accounting policies and best practice
  • Ensure process improvement to increase efficiency and improve the quality and timeliness of group reporting processes, including opportunities to enhance, expand and implement key financial systems
  • Review, enhance and implement, reporting processes and key controls across the group
  • Provide support to the Group Financial Controller and Chief Financial Officer in relation to corporate transactions and other projects
  • Manage and develop one direct report in the team - setting appropriate and challenging objectives, with regular appraisal and tracking of performance objectives
Knowledge, Skills and Experience
  • ACA/ACCA/CIMA qualified with a commercial outlook
  • Resilient and confident individual with strong influencing and persuasion skills.
  • Presentable and personable, being above to be credible with stakeholders
  • Ability to multi-task and manage time effectively
  • Proficient use of Microsoft Office including intermediate Excel skills
  • SAP experience helpful but not necessary
Personal Attributes

Analytical Thinking

  • The ability to think clearly, logically and objectively, to analyse work-related problems in an effective way so as to come to conclusions which are balanced and rational

Building Relationships

  • Recognises key relationships and able to build rapport in order to enable smooth running of financial processes
  • Establishes positive relations with stakeholders
  • Demonstrates tact and diplomacy

Commercial Judgement

  • Able to approach the business in a commercial and financially-driven way, with a recognition of the importance of driving cash and profit generation, alongside the minimisation of costs and driving business efficiency

Results Focus and Initiative

  • The drive, determination and commitment to get things done, get results and do things better

Planning and Organising

  • Ability to set and deliver on ambitious but achievable goals and deadlines
  • Capacity to multi-task over several on-going projects, and able to define priorities
  • Ability to assess work done against future goal and monitor progress
  • Able to adopt systematic and pro-active approach that will ensure task completion
  • Confidence to recognise and deal with arising problems