Job Description

Group Technical Accounting Senior Manager

Full-Time

Derby

Job Summary / Purpose:

As a senior manager, with 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.

Why Rolls-Royce?

Rolls-Royce is one of the most enduring and iconic brands in the world and has been at the forefront of innovation for over a century. We design, build and service systems that provide critical power to customers where safety and reliability are paramount.

We are proud to be a force for progress, powering, protecting, and connecting people everywhere.

We want to ensure that the excellence and ingenuity that has shaped our history continues into our future, and we need people like you to come and join us on this journey.

We’ll provide an environment of caring and belonging where you can be yourself. An inclusive, innovative culture that invests in you, gives you access to an incredible breadth and depth of opportunities where you can grow your career and make a difference.

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.

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.

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 which are crucial to innovation and problem solving. We believe the more diverse perspectives we have, the more successful we’ll be. By building a culture of caring and belonging, we give everyone who works here the opportunity to realise their full potential.

You can learn more about our global Inclusion strategy at Our people | Rolls-Royce

Job Category

Finance