Head of Corporate Consolidation and Systems

We are Reckitt

Home to the world's best loved and trusted hygiene, health, and nutrition brands. Our purpose defines why we exist: to protect, heal and nurture in the relentless pursuit of a cleaner, healthier world. We are a global team united by this purpose. Join us in our fight to make access to the highest quality hygiene, wellness, and nourishment a right and not a privilege.

​Finance​

Our Finance team is not just another department; we're strategic partners and catalysts for change, who use our expertise to drive sustainable growth and create and protect value for Reckitt. With a strong emphasis on cross-functional collaboration and partnership, our inclusive, diverse and energised team breaks down traditional barriers, enabling you to thrive in a dynamic environment where you and your ideas matter. From leveraging insights and analysis to make data-driven decisions - to spearheading sustainable business practices that contribute to consistent and reliable business growth - we are unwaveringly passionate about making a meaningful impact, and always doing the right thing.

About the role

The role forms part of the newly created Essential Home Corporate Finance function, who, as a team, will be challenged with setting up the overall Corporate Finance and Finance Controlling function of the Essential Home business.  
 
We are creating an agile, entrepreneurial and results-oriented team with an emphasis on action, accountability, local ownership and care for each other. The team will be responsible for designing, implementing and managing the end-to-end corporate finance function of the Essential Home group, impacting businesses across Europe, North America and LATAM.  This includes: 
•    Record to report function of the HQ and Holding company entities 
•    Accounting Policies, Standards and Procedures 
•    Internal financial controls framework 
•    Group consolidation, reporting and audit processes 
•    External financial and statutory reporting and compliance requirements 
•    Oversight for local financial control such as Balance sheet reviews 
 
During the first two years, there will be a heavy focus on designing and implementing new processes and systems, including development of consolidation for the newly formed group, a new group wide ERP and consolidation system, as well as input into a new central finance shared service function. Thus a key success factor would be fresh, pro-active thinking on how best to leverage these capabilities, as we build them, to standardise, simply and optimise processes and requirements so the future operating model for Corporate financial controlling and consolidation fits with the dynamic nature of the Essential Home group.

Within this team, Head of Corporate Consolidation and System will take the lead on group consolidation, statutory to management account bridge principles and related financial systems, as well as provide financial reporting support to the group’s businesses across North America, Europe and LATAM. The role is responsible for overseeing the consolidation of financial reporting and ensuring compliance with IFRS and other internal requirements. This role involves leading the consolidation process for the company's global operations and providing accurate and timely consolidated financial reports for internal and external stakeholders. The role will also play a key role in the development and implementation of financial reporting systems and processes.

Your responsibilities

•    Alongside the Group Reporting Director develop the initial consolidation strategy and processes of Essential Home, considering the existing systems landscape. Including the implementation of an initial consolidation tool/system
•    Play a key part in the design, development and implementation of a new standard global ERP system – building consolidation requirements and efficiencies into the design for future benefit
•    As a Corporate Finance HQ team – take responsibility of IFRS accurate and compliant consolidation process of the Essential Home group including the impact of any changes to group structure and purchase price allocation processes 
•    Preparation of monthly/periodic consolidated results (statutory and management), including consolidated cash flow statement. Review and analyse consolidated financial results to identify trends, variances, and areas for improvement, providing actionable insights to senior management
•    Documenting and managing the principles bridging statutory and management account results of the Essential Home businesses. Educating finance teams and management on these principles
•    Maintain completeness and accuracy of reconciliations between external consolidated financial reporting and internal financial systems and reporting
•    Development, implemented and monitor consolidation policies, procedures and financial reporting calendars to ensure compliance and consistency in corporate accounting and consolidation.
•    Collaborate with regional and local finance teams to gather and validate financial data, ensuring the accuracy and completeness of the individual results feeding into the consolidation process.
•    Ensure all intercompany transactions (and profit eliminations) and balances are accurately identified, recorded and eliminated in the consolidation process
•    Assisting the Finance Manager of Corporate Accounting (and wider Financial control team) in group audit processes
•    Cultivate strong relationships with stakeholders, including Regional Financial Controllers &Finance Directors, other central functions (such as Tax, Treasury and Commercial Finance) and shared functions, as well as with external stakeholders, such as auditors, advisors and fiscal authorities.
•    Develop and maintain robust internal controls over the consolidation process, working closely with the internal controls function to ensure compliance
•    Keeping abreast of technical and group developments (including M&A activities) across the Essential Home markets impacting group financial reporting and consolidations;
•    Lead and mentor direct report(s) as well as wider corporate finance, local finance and shared service finance team members involved in the consolidation process, providing direction, support, and development opportunities. 

The experience we're looking for

•    Accountancy qualification - Chartered Accountant
•    Minimum of 8-12 years of experience in financial reporting, multi currency group consolidations, or a related field (including audit), with a strong background in working with related finance systems
•    Experience in managing group reporting requirements and timetables
•    Experience in external audit processes at an HQ level
•    Experience in SAP (design and implementation of new ERP systems)
•    Proficiency in financial consolidation software (such as Hyperion, S4H consolidation platform) and Microsoft Office applications.
•    Previous audit experience at a large audit firm advantageous
•    The business language in Essential Home is English, therefore fluency in English is essential

The skills for success

•    Have a “can do” attitude, positive outlook and remain consistent under pressure
•    Believe that building trust is important in team co-operation
•    Are excited by the opportunity to build new processes from scratch and keen to simplify or standardise existing processes
•    Are keen to “roll up your sleeves” and be involved in a diverse portfolio of work
•    Are a team player with a “big picture” approach – able to win confidence and deal with a wide range of stakeholders
•    Are a logical thinker with ability to organise, sequence and break down complex activities. 
•    Have the ability to prioritise and identifying the “things that matter” which should be focused on
•    Are a natural problem solver and you work collaboratively & cross-functional to find solutions.
•    Want to be a change agent. You are inspired by change and want to reshape the way we build and innovate the Finance controlling function.
•    Respect other points of view, while not being afraid to share your thoughts and views
•    Are comfortable working in changing environments with the inherent ambiguities
•    Are a clear communicator, comfortable in interacting and influencing senior stakeholders
•    In line with Essential Home core values, the candidate will be achievement focused and able to work in a direct and often pressurised environment. Entrepreneurial skills in terms of innovation and problem solving are key along with tenacity, tough-mindedness and ability to influence and demonstrate strong team working abilities and commitment.

What we offer

With inclusion at the heart of everything we do, working alongside our four global Employee Resource Groups, we support our people at every step of their career journey, helping them to succeed in their own individual way. We invest in the wellbeing of our people through parental benefits, an Employee Assistance Program to promote mental health, and life insurance for all employees globally. We have a range of other benefits in line with the local market. Through our global share plans we offer the opportunity to save and share in Reckitt's potential future successes. For eligible roles, we also offer short-term incentives to recognise, appreciate and reward your work for delivering outstanding results. You will be rewarded in line with Reckitt's pay for performance philosophy.

Equality

We recognise that in real life, great people don't always 'tick all the boxes'. That's why we hire for potential as well as experience. Even if you don't meet every point on the job description, if this role and our company feels like a good fit for you, we still want to hear from you. All qualified applicants will receive consideration for employment without regard to age, disability or medical condition; colour, ethnicity, race, citizenship, and national origin; religion, faith; pregnancy, family status and caring responsibilities; sexual orientation; sex, gender identity, gender expression, and transgender identity; protected veteran status; size or any other basis protected by appropriate law.