Financial Reporting Manager
Join our journey to create a new experience for the National Lottery and help us to power change for the greater good.
About us:
We are Allwyn UK, part of the Allwyn Entertainment Group – a multi-national lottery operator with a market-leading presence in Austria, the Czech Republic, Greece, Cyprus and Italy. In the UK we are the operator of the National Lottery with a 10-year license that started in February 2024.
We’ve developed ground-breaking technologies, built player protection frameworks, and have a proven track record of making lotteries better. Our aim is to create one of the UK’s most inclusive organisations – where people can bring the best of themselves, to do their best work, every day, for the benefit of good causes.
While the main contribution of the National Lottery to society is through the funds to good causes, at Allwyn we put our purpose and values at the heart of everything we do. Join us as we embark on a once-in-a-lifetime, largescale transformation journey to build a bigger, better, and safer National Lottery that delivers more money to good causes.
Role Purpose:
An exciting opportunity in a key and broad financial role within an innovative multibillion pound business. The incumbent will be a key member of the team delivering the financial records of Allwyn Entertainment and its fellow group companies, to include the statutory reporting process, monthly management reporting, quarterly covenant reporting and reporting to the ultimate shareholder, Allwyn Group.This role will report to the Reporting Financial Controller.
Team/Department Description:
- The Finance department ensures the business is financially sound, has robust accounting and reporting processes, and delivers financial targets including profitability and returns to Good Causes.
- The Financial Accounting department ensures the business is financially sound, has robust accounting and reporting processes, and delivers financial targets including profitability and returns to Good Causes.
- Key responsibilities are:
- Monthly financial reporting
- Quarterly audited reporting to Group for consolidation
- Annual audited statutory reporting
- Covenant reporting
- Custodians of the balance sheet accounts
- Support with budgeting and forecasting
- Delivering value and insight
Role Responsibilities:
- Direct line management and leadership of two direct reports, both qualified accountants.
- Manage the routine month end process, ensuring all accounting adjustments are made, and costs are appropriately captured and reported on a monthly basis in accordance with IFRS
- Prepare the monthly payroll journals and reconciliations
- Oversee and support the more complex areas of accounting including provisions, leases, fixed assets and tax etc
- Review of the monthly management accounts to ensure accuracy of month end numbers and to ensure cost accruals are well supported and verified
- Preparation and review of key balance sheet reconciliations to ensure all accounts are reconciled and all balances substantiated
- Liaise with other departments as appropriate to ensure that all relevant considerations (legal, corporation tax, VAT, Lottery Duty etc) have been taken into account in the financial reporting process
- Prepare quarterly covenant reporting for the bank and the Gambling Commission
- Provide cover for quarterly group reporting and intercompany accounting
- Key responsibilities in the quarterly and annual audit cycles in terms of key deliverables to the external auditors and working as the liaison between wider finance and the audit team
- Preparation of the annual Financial Statements under IFRS
- Review and maintain accounting policies to ensure adherence to all relevant accounting standards and reporting requirements
- Deputise for the Reporting Financial Controller as required
- Complete adhoc financial accounting tasks as required
Key Skills & Experience:
- ACA or ACCA or similarly qualified accountant with minimum 5 years statutory reporting and control-based experience Strong academics; University and A levels
- At least 5 years PQE, ideally from a similar role
- Strong stakeholder management with the ability to forge strong relationships across the business
- Experience of line management responsibilities
- Excellent communication skills and confidence to provide constructive challenge where necessary
- Experience of using SAP desirable
- High level of integrity and independence whilst also able to successfully partner with the business in meaningful ways through building trusting relationships and connections.
- Must be self-motivated and a self-starter
- Proven experience of analysing and interpreting financial data
- Ability to use the Microsoft Office suite, with advanced knowledge of Excel
Our goal is to create one of the UK’s most inclusive organisations – where people can bring the best of themselves, to do their best work, every day, for the benefit of good causes.
Allwyn is an Equal Opportunity Employer which prides itself in being diverse and inclusive. We do not tolerate discrimination, harassment, or victimisation in the workplace. All employment decisions at Allwyn are based on the business needs, the job requirements, and the individual qualifications.Allwyn encourages applications from individuals regardless of age, disability (visible or hidden), sex, gender reassignment, sexual orientation, pregnancy and maternity, race, religion or belief and marriage and civil partnerships.
Benefits- 26 days paid leave (plus bank holidays)
- Annual bonus scheme
- 2 x Life Days
- 4 x Salary of Life Insurance
- Pension: we’ll match your contribution up to 8.5%
- Single Private Health Cover
- £500 Wellness Allowance
- Income Protection
- Enhanced parental leave (maternity and paternity)
- Eye Care, Dental and Cycle To Work schemes