Rutherford Cross is delighted to be retained again by our key client The Weir Group to recruit a newly created Technical Project Accountant.
This is a great opportunity for an individual potentially making their first move into a plc environment.
The Weir Group PLC (Weir) is a FTSE 250 global engineering business headquartered in Glasgow. The company’s global footprint spans more than 60 countries and employs more than 11,000 people. Founded in 1871, Weir engineers solutions that improve safety, efficiency, and sustainability - helping to provide the essential resources needed by a growing world. Significant growth and restructuring both operationally and in terms of its geographical footprint, culminating in the agreed sale of the Oil & Gas division, has enabled the Group’s transformation into a focused premium mining technology business through its Weir Minerals and Weir ESCO divisions. Weir has developed clear strategic initiatives centred around safety, employee satisfaction, inclusion and diversity, and sustainability as well as operational growth.
Weir has reported continually strong revenue and profit growth in recent years. In 2020 the Group reported revenue of £2bn and profit before tax of £255m. These are highly impressive results, especially during an extended period of general economic uncertainty, with Weir well placed to benefit as markets recover. Weir represents a true global success story headquartered in Scotland.
As the business enters a new and exciting chapter of its illustrious history, it has identified the need to strengthen its Group team with the creation of this role.
This is a key position within the Group Finance function, with a focus on projects which will help to improve the quality and efficiency of accounting across the group and ensure continued compliance with regulatory reporting. The successful candidate will have a strong understanding of IFRS, with knowledge of recent and upcoming developments, with an interest in systems and controls. This individual will be involved across the annual reporting cycle with a focus on ad-hoc areas, development of statutory disclosures and policy, plus standardisation of compliance and reporting requirements.
Weir Group represents an excellent opportunity for a highly motivated, qualified accountant to join a dynamic business which has displayed strong revenue and profit progression in recent years and demonstrating resilience against the current Covid-19 dominated backdrop. As one of Scotland’s few listed companies, the opportunity exposes the successful individual to the unique environment of a plc business and all that it entails.
The position will be responsible for the following key deliverables:
• Involvement in the Group consolidated statutory accounts process at both half and full year end
• Assessing, reporting, and advising on developments in accounting standards and implications for the Group
• Project management of the implementation of new standards across the Group
• Provision of technical training to finance staff across the Group
• Development and maintenance of the Group Finance Manual
• Development of statutory disclosures and compliance reporting
• Involvement in the development of financial reporting systems to support management and statutory reporting
• Assisting with the preparation, review, and analysis of subsidiary accounts as required
• Preparation, review, and provision of financial analysis to senior management including the Group Executive and Board
• Liaise with advisers including external auditors and tax advisers
• Review of Group Policy exemptions
• Contribute to the preparation and analytical review of relevant sections in monthly management accounts, as and when required
• Any ad-hoc projects across the group team
A summary of the key candidate requirements are as follows:
• Degree educated with a track record of high academic achievement
• CA/ACA qualified with a minimum of one-year post-qualification experience
• Experience with statutory disclosures, plc reporting and other compliance requirements
• Strong interpersonal skills, especially when interfacing with senior management, whether within or outside of finance, or external stakeholders
• Strong understanding of IFRS
• Self-motivated and capable of developing the current role over time
• Creative thinker with excellent problem solving and analytical abilities
• High level of accuracy and attention to detail
• Resilience in managing conflicting priorities and stakeholder expectations
• Work effectively and autonomously to engage and influence others
• Strong team working
• Experience of consolidation systems