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Financial reporting manager

Primark
Financial reporting manager
Posted: 17 October
Offer description

Primark is an international clothing retailer employing more than 70,000 colleagues across 16 countries in Europe and the US. Founded in Ireland in 1969 under the Penney's brand, Primark aims to create maximum joy at minimum cost – less money and less impact on the planet. Primark continues to expand across new and existing markets with the aim of reaching 530 stores by the end of 2026. Every person impacts the culture at Primark. Our values: Caring (we always strive to put people first), Dynamic (we bravely push the boundaries to stay ahead) and Together (we learn more, laugh more and achieve more as a team) outline the behaviours we expect of our people as we work with each other, our customers, our suppliers and our partners. Let's see what impact you can makePrincipal Duties & ResponsibilitiesLead the delivery of accurate and timely financial reporting across Primark ensuring compliance with IFRS and local GAAP (where applicable), while driving the enhancement of specific accounting processes and initiatives in preparation for transition to a GBS modelManagement role with responsibility for preparation and analysis of robust periodic financial and management accounts as requiredEnsure accurate and timely reporting of financial results, including variance analysis, accruals and reclasses and oversee the monthly close process alongside other financial reporting teamsActively contribute to cross-functional finance transformation and process improvements projectsAccounting for complex or unusual accounting areas as they might arise and support statutory reporting complianceReview and challenge periodic processes to identify opportunities to drive efficiencies through automation or revised processesEscalate, manage and report control issues with transparency in a timely mannerSupport delivery of strategic projects that require input from the Controllership teamKey link with audit teams and other advisors ensuring timely and accurate completion of all statutory obligations, with particular focus on IFRS 9.Support the Primark Treasury function in the execution of the Primark FX strategy with responsibility for Primark's Hedge accounting and the related impact on Inventory and COGS revaluation.Review and advise on Primark's FX exposures and management mechanisms, including accounting for treasury activity to manage the same.Preparation and analysis of financial year end notes for reporting packsDevelop and maintain excellent working relationships with key stakeholders in Treasury, Financial Planning, Financial Reporting, Tax, Internal Control and with Internal and External AuditComfortable working and taking responsibility in a dynamic environmentProvide flexible, hands-on-support across a range of ad-hoc financial reporting and financial operations including reconciliations and issue resolutionSkills, Knowledge and ExperienceAccounting qualification (ACCA, ACA, CIMA, CPA) with 6 years+ PQE preferentialIndustry experience would be an advantage but not a requirementExcellent attention to detail and an ability to analyse and interrogate dataStrong commercial awareness with a sound knowledge of wider business factorsHigh energy and enthusiasm, demonstrating initiative with strong work ethicAbility to work under pressure in a demanding environment, without direct daily supervision and provide leadership to direct reports, peers and supervisorsExcellent planning and organisation skills, ability to multi-task, plan and prioritise work schedule and work within agreed timescalesTeam player & strong relationship builder, able to work across numerous functions, internal & externalOur fashion isn't one-size-fits-all and neither is our culture. Primark promotes equal employment opportunity, we strive to create an inclusive workplace where people can be themselves, access opportunities and thrive together.REQ ID: JR-1668

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