Senior Reporting Finance Manager

at  Well Pharmacy

Overview of the role
This is the guardian of the accounts, a practice trained financial accountant experienced in management accounting and financial reporting. They will be hands on and, in the accounts/systems so must have been in roles out of practice environment as well as the deep technical experience.

PROBLEM SOLVING & CHANGE:

• Partners with the CFO, the FC and other senior finance professionals
• Partners with group, the auditors and the business on financial accounting matters
• Creates a more effective month end close process and keeps stakeholders aligned each monthly
• Maintains and improves SAO framework for the Well Group
• Will be required to work on monthly, quarterly annual and 3 year strategic planning horizons.
  The Ideal Candidate
  Well are proud to be a diverse and inclusive employer. If you have any specific requirements, we’ll do everything we can to support you. Whether it is to find a pharmacy that is accessible, or if it is a part time position you are looking for, we can help find the role that is right for you. If you need us to make any reasonable adjustments to our recruitment process, we will be happy to accommodate you.
  Please be aware that due to the high number of applications we receive it may not be possible for us to provide an outcome to all applicants. If you are not contacted within 28 days of your submission unfortunately you will have been unsuccessful.
  About The Company
  For over 70 years, we’ve been looking after the health and wellbeing of communities across the UK. Well Pharmacy (part of Bestway Healthcare) is the second largest pharmacy chain in the UK with c.760 pharmacies and a team of around 7,000 colleagues based across our Community Pharmacies, Online Pharmacy, Healthcare Services Centre, Community Drivers, Bestway Medhub & Wardles team and our Support Centre team.
  Our mission is to be here for the wellbeing of our patients and customers, to provide the best community pharmacy experience in the UK for everyone, for our patients, our customers, our people, and our NHS.
  The pharmacy of the future will look very different from the one we know today. It will play a huge role in transforming primary healthcare and we will play a central role in bringing it to life.
  We will use our clinical expertise and technological ambition to take advantage of the potential this future has to offer us. Making medicines, advice, services and care available in the places and spaces that people need and want it most.
  We want to be a great business. To be recognised as delivering a community pharmacy experience that is the best there is. To do this we want our teams to feel proud about the positive impact they make, feel valued as part of a close-knit and expert community, and feel confident in their role in a business that is stable, innovative, and caring.

THE ROLE IS HYBRID WORKING WITH 3 DAYS IN THE OFFICE, AND 2 DAYS WORKING FROM HOME.

Main Responsibilities

• Runs the monthly reporting close – ensuring the process closes smoothly, on time and ledgers are clean.
• Manages the monthly forward picture with risks and opps. and a rolling forecast view (partners FC/CFO)
• Management and enhancement of the integrated central finance model to ensure accurate reporting– Anaplan (cash flow, balance sheet and P&L all integrated historical and forecast)
• Ownership of the annual consolidation of the management & statutory accounts and provide group reporting thereon
• Creation and sign off of the financial accounts (in line with relevant accounting standards)
• Management of the IFRS16 model and adjustment to the accounts
• Management of the statutory audit to completion and the relationship with auditors
• Review and creation of a cleaner legal entity group including restructuring where relevant and as required for operational efficiency
• Oversight of the tax compliance framework, managing the SAO process internally - VAT and Corporate tax with some specialist pharmacy taxes with the support of a ‘virtual tax set up’ from advisors who provide support where we need deep areas of technical tax expertise
• Integration and reporting of new pharmacies into the portfolio, completing closure accounts, closing bank accounts, working with suppliers and moving into our books and records
• Working closely with the financial systems architect to ensure strong financial process discipline, control framework and adherence to that framework across the finance team and the wider business
• Ownership of the monthly board reports for our entity – this is presented to exco and board each month and covers all aspects of the business
• Great interpersonal skills as works across multiple departments and manages 2 talented individuals
• Responsibility for cost centre reporting, budgeting and accounting (new element to role/person being added to do this)

KEY KNOWLEDGE AND SKILLS REQUIRED FOR THE ROLE:

• Qualified Accountant with at least 5 years PQE and strong financial reporting knowledge/application
• Non Finance & Finance Stakeholder management, communication and influencing skills, with ability to build and maintain effective internal and external relationships.
• Experience with business partnering at senior levels
• Confident with ability to constructively challenge to drive performance.
• Highly analytical with financial awareness and commercial acumen.
• Excellent computer and report building and data analysis skills.