Finance Operations provides financial oversight, transactional process delivery and financial reporting for the business.
The Financial Reporting Manager supports the delivery of high quality, timely reporting for group, management and statutory purposes.
The role is responsible for ensuring compliance with external financial reporting requirements including IFRS and local statutory laws & regulations.
This role will be responsible for problem solving and recommending solutions to the Financial Controller for technical and judgemental transactions to ensure the Business Unit aligns to internal polices & controls and the relevant external accounting and statutory frameworks.
This role needs to be proactively engaged to interpret and apply changes in local statutory accounting rules or other laws & regulations applicable to the local Business unit.
The role will be required to manage, supervise and review / approve the outputs of the 'Reporting Accountants' which support this role.
As people manager, this will include completion of the annual objective setting and performance appraisal process. The Reporting accountants will provide support for statutory and tax compliance activities for the markets they are accountable and ensure that all R2R activities are executed in accordance with S&N MAP and SOx control frameworks.
This will include monitoring and optimisation of activities currently performed, review and approval of all relevant Standard Operating Procedures (SOPs) and identification and migration of further activities as appropriate.
Ensure that transactions are documented, in compliance with group standards (including the Minimum Acceptable Practices) and, where relevant, Sarbanes Oxley requirementsResponsible for high quality, timely reporting for group and statutory purposes and providing ad-
and to ensure that any ageing of balances is fully investigated and resolvedSupport and implement continuous improvement initiatives e.
g. process standardisation and business efficiencies, with the aim to lower cost, improve service and reduce compliance riskManage the team the Reporting Accountants and completion of annual objective / appraisal performance processBuild and maintain a strong working relationship with the transactional accounting teamsManage the requests from external and internal auditors, other advisors and relevant country AuthoritiesIn combination with the Finance Controller, monitor, assess and implement changes to comply with external reporting and accounting requirementsAssess and implement changes to comply with internal changes to the business or S&N accounting environment
Degree level qualification & Professional qualificationProfessional accounting qualification (i.e ACA / ACCA / CPA / CA / CMA or equivalent)A minimum of 5 years post qualified experience, either in global accounting practice or in industry Must have fluency in English and in Italian Strong technical accounting knowledge and have working knowledge, expertise and experience in reporting under IFRSExperience of supervising and managing teams and strong inter-
personal skillsDemonstrates experience in analysing financial data, drawing sound conclusions and developing proposals / solutionsMust be able to demonstrate a track record of success in working with diverse stakeholdersMust have the ability to assess, react quickly and decisively to problems, taking tough decisions where needed or escalating issues as appropriate
nice to have
Relevant industry experience advantageous, ideally in Medical Devices or PharmaceuticalsCandidates with past experience in one of the following roles would be desirable -
Commercial Accounting, Legal Entity Reporting (including production and delivery of the accounts consolidation processes and complex transactions and associated accounting), Supply Chain Accounting (standard costs, variances, internal sales)Experience of SAP / Hyperion / TM1 / CognosExperience of working in a large / listed entityWorking knowledge and application of SOX control frameworksExperience of transition and transformation to an offshore Captive or BPO Transactional Finance operations
at Smith & Nephew we offer
private health care multisport card life insurancesubsidies for trainings postgraduate studiesannual bonus sharesave plan going extra miles programsubsidized meals and fruits integration partiespossibility of working remotely flexible working hourspossibility of growth in the life sciences start-
up company caring, collaborative and courageous business environmentrelaxation zones in the modern workplacecompany car