Line of Service
Internal Firm ServicesIndustry/Sector
Not ApplicableSpecialism
IFS - FinanceManagement Level
Senior AssociateJob Description & Summary
At PwC, our people in finance focus on providing financial advice and strategic guidance to clients, helping them optimise their financial performance and make informed business decisions. These individuals handle financial analysis, budgeting, forecasting, and risk management.In financial operations at PwC, you will focus on managing financial processes and confirming compliance with regulations. You will handle tasks such as financial reporting, budgeting, and risk management.
Role: Temporary Financial Risk and Reporting Senior Associate
Location: Jersey
Line of Service: Finance & Procurement
Grade: Senior Associate
Contracted Hours per Week: 37.5 hours
Contract Term: 18 months
PwC Channel Islands Overview
PwC is a highly dynamic professional services firm offering Advisory, Tax, Audit and other assurance services to a large portfolio of international and local clients. The Channel Islands firm employs 600+ staff in offices across Jersey, Guernsey and Alderney and is part of an international network of 151 PwC firms employing over 364,000 staff.
About the team
We are looking for a Financial Risk and Reporting Senior Associate to join our high performing internal finance team at PwC CI on an 18-month contract.
Our Financial Risk and Reporting team is an integral part of the Finance and Procurement function. They ensure robust financial management and compliance, oversee financial reporting and mitigate financial risks. They also support maintaining the integrity of financial operations, are proactive, honest and collaborative.
Job Summary
The Finance Senior Associate within the Financial Risk and Reporting Team is a key support for outsourced financial activities, including accounts payable, accounts receivable and financial reporting. Your expertise will be critical in ensuring all outsourced activities are aligned with company policies and internal controls, while also driving improvements in efficiency and accuracy.
This is a dynamic opportunity to contribute to the organisational financial success by ensuring robust financial processes and seamless collaboration with internal and external stakeholders. The ideal candidate will have a strong background in finance, with experience in managing outsourced services and a proven track record in financial reporting.
Responsibilities
Accounts Payable
Manage the performance of outsourced Accounts Payable function, ensuring timely and accurate invoice processing, payment approvals, and compliance with company policies.
Act as primary point of contact between internal stakeholders and external service providers.
Liaise between outsourced providers and internal finance teams to ensure clear communication and resolution of issues.
Ensure that external providers are up to date on any changes in company policies, procedures, or compliance requirements.
Regularly assess the accounts payable process with the outsourced provider, identifying opportunities for streamlining and enhancing efficiency, accuracy, and compliance.
Accounts Receivable
Manage the performance of outsourced Accounts Receivable function, ensuring the timely cash allocations and reconciliation of outstanding client balances.
Coordinate with the outsourced team to resolve any client billing disputes, payment issues, or queries effectively and professionally
Monitor cash flow related to accounts receivable, working with internal teams and outsourced providers to manage aging accounts and collections.
Support the generation of receivables reports.
Financial reporting
Coordinate with the outsourced team to ensure the accurate and timely preparation of monthly, quarterly, and annual financial reports.
Assist with analysing financial report variances and work with the outsourced team to reconcile discrepancies between actuals and forecasts or budgets.
Assist with any additional tasks or projects related to financial reporting and outsourcing as requested by the team lead or senior management.
Financial Operational Risk
Provide training and guidance to outsourced teams as needed to improve their understanding of company processes, systems, and expectations.
Identify and escalate any operational or financial risks arising from outsourced activities and work with internal teams to develop mitigation strategies.
Liaise between outsourced providers and internal finance teams to ensure clear communication and resolution of issues.
Oversee General Ad-hoc queries
Oversee outsourced hours and time transfers
Support periodic audits and risk assessments for outsourced financial processes, ensuring that any identified risks are addressed in a timely and effective manner.
Direct Reports
This role reports to:
Financial Risk and Reporting Lead
There are no direct reports into this role.
Qualifications & Certifications
Qualified accountant with recognised accounting body.
Skills & Experience Required
Essential skills
Strong communication and stakeholder management skills, able to collaborate effectively with internal and external teams.
Excellent problem-solving skill abilities and proactive approach to identifying and addressing issues.
Ability to manage multiple tasks and projects, with attention to detail and a focus on deadlines.
Action oriented self-starter, focused on continuous improvement in process efficiency and driving change through technology.
Able to demonstrate application of accounting standards with focus on financial reporting and analysis.
Flexible and adaptable in a fast-paced dynamic environment.
Knowledge of financial controls.
Desirable skills
Familiarity with accounting software’s including SAP and Sage
PowerBI experience
Travel Requirements:
You will be required to make short trips from time to time to the firm’s office in Guernsey and possibly also the UK Firm’s offices in London.
All our people need to demonstrate the skills and behaviours that support us in delivering our business strategy. This is important to the work we do for our business, and our clients. These skills and behaviours make up our global leadership framework, Evolved PwC Professional.
The skills we look for in our people
The Evolved PwC Professional focuses on two core behaviours: Trusted Leadership and Distinctive outcomes. Trusted Leadership is underpinned by core behaviours that Inspire, Empower and Evolve, and Distinctive outcomes is underpinned by behaviours that Champion, Build and Deliver.
Diversity
We work in a changing world which offers great opportunities for people with diverse backgrounds and experiences. We seek to attract and employ the best people from the widest talent pool as well as those who reflect the diverse nature of our society. We aim to encourage a culture where people can be themselves and be valued for their unique strengths. Creating value through diversity is what makes us strong as a business. https://pwc.to/2vY6KZm
Education (if blank, degree and/or field of study not specified)
Degrees/Field of Study required:Degrees/Field of Study preferred:Certifications (if blank, certifications not specified)
Required Skills
Optional Skills
Accepting Feedback, Accepting Feedback, Accounting Policies, Accounting Practices, Active Listening, Analytical Thinking, Balance Sheet Analysis, Budgetary Management, Cash Flow Analysis, Communication, Creativity, Embracing Change, Emotional Regulation, Empathy, Escalation Management, Financial Budgeting, Financial Close Process, Financial Data Mining, Financial Forecasting, Financial Management, Financial Policy, Financial Reporting, Financial Statement Analysis, Generating Financial Reports, Inclusion {+ 9 more}Desired Languages (If blank, desired languages not specified)
Travel Requirements
Up to 20%Available for Work Visa Sponsorship?
NoGovernment Clearance Required?
YesJob Posting End Date