Senior Manager, Technical Accounting

Job Req ID: 35888

Posting Date: 4 Jul 2024

Function: Finance

Unit: Finance, Strategy & Business Services

Location:

1 Braham Street, London, United Kingdom

Salary: Competitive + Excellent Benefits

Closing Date: Thursday 8th August 2024

Why this role matters

This isan integral role within BT Group’s Controllership team. We have recently split the External Reporting and Technical Accounting teams into two teams (although they will work closely together on many activities such as the preparation of the Annual Report) and increased capacity to ensure that we have sufficient knowledge, experience and capacity to drive quality in technical accounting papers across the Group.This role will provide the business with clear technical accounting guidance and advice and ensure new accounting standards are understood and implemented.

The position reports into the External & Statutory Reporting Director, and will work closely with all teams in that area (External Reprorting, Technical Accounting, Consolidation, Statutory Reporting, and Audit & Compliance).This team has good exposure to very senior stakeholders, including regular meetings with the Group CFO and External Auditors.

What you'll be doing

• Drive the quality of accounting papers written across the Group to ensure they meet audit expectations.

• Research technical accounting issues, and provide accounting support on complex business transactions.

• Set and monitor adherence to group accounting policies using detailed understanding of accounting standards. Be seen as the authority and 2nd line of defence on all material technical accounting matters across the Group.

• Monitor accounting developments, perform impact assessments for new standards, and ultimately implement any changes.

• Summarise accounting issues in quarterly report to the Audit Committee.

• Improve our documentation of key assumptions for our goodwill impairment model and improve the audit process in this area.

• Deliver training to finance colleagues across the Group on new accounting developments and any other areas we notice a skill gap .

• Managing and developing a team of 3-4 Manager level direct reports to drive them towards achieving their personal and our team objectives.

The skills you'll need

• Qualified Accountant (ACA/ACCA/CIMA or equivalent) with significant post-qualification experience

• Detailed technical accounting knowledge, including reviewing accounting standards and drafting and reviewing detailed accounting papers

• Experience producing, reviewing or auditing IFRS financial statements

• Experience managing multiple senior stakeholders

• Experience of liaising with external auditors

• Line management experience

• Experience of SAP consolidation or financial reporting systems (BPC/S4) – Preferred

Benefits

• 15% on target bonus

• Company car or £5,500 cash alternative

• Private healthcare for self and family

• BT Pension Scheme; minimum5% employee contribution, 10% BT Contribution

• 25 days annual leave (plus bank holidays), increasing with service

• Huge range of flexible benefits including cycle to work, healthcare, season ticket loan

• World-class training and development opportunities

• Discounted BT Broadband, TV and Mobile packages

• Access to 100s of retail discounts including BT Shop

About us

BT is part of BT Group, along with EE, Openreach, and Plusnet.

Millions of people rely on us every day to help them live their lives, power their businesses, and keep their public services running. We connect friends to family, clients to colleagues, people to possibilities. We keep the wheels of business spinning, and the emergency services responding.

We value diversity and celebrate difference. ‘We embed diversity and inclusion into everything that we do. It’s fundamental to our purpose: we connect for good.’

We all stick to the same values: Personal, Simple, and Brilliant. From day one, you’ll get stuck in to tough challenges, pitch in with ideas, make things happen. But you won’t be alone: we’ll be there with help and support, learning and development.

This is your chance to make a real difference to the world: to be part of the digital transformation of countless lives and businesses. Grab it.

A FEW POINTS TO NOTE:

Although these roles are listed as full-time, if you’re a job share partnership, work reduced hours, or any other way of working flexibly, please still get in touch.

DON'T MEET EVERY SINGLE REQUIREMENT?

Studies have shown that women and people who are disabled, LGBTQ+, neurodiverse or from ethnic minority backgrounds are less likely to apply for jobs unless they meet every single qualification and criteria. We're committed to building a diverse, inclusive, and authentic workplace where everyone can be their best, so if you're excited about this role but your past experience doesn't align perfectly with every requirement on the Job Description, please apply anyway - you may just be the right candidate for this or other roles in our wider team.