Nomad Foods Limited (Nomad) is Europe’s leading branded frozen food business both in terms of sales and brand recognition with over €3bn of annual turnover. Nomad Foods produces and markets premium branded frozen food products across Europe, including Birds Eye, Goodfellas and Aunt Bessie’s in the UK.
Nomad is headquartered in the UK and listed on NYSE. It has ambitions to grow into a global consumer foods company through further acquisitions, as evidenced by the recent acquisitions in South-Eastern Europe.
In preparation for future growth, the Company is mid-way through a multi-year, enterprise-wide transformation and optimization program. Over the next few years, additional transformation phases will be implemented. The program aims to standardize, simplify and automate end-to-end business processes. This will enable key decision making and analytical capability, building a platform and organization to support future growth and provide better value for shareholders. Execution of the business transformation program will include the evaluation and implementation of a new ERP system (S/4 HANA).
This role sits in the Group Financial Reporting Team, which is responsible for the production of monthly reporting deliverables for several headquarter entities as well as the consolidated quarterly Group Financial Statements under IFRS. The team is preparing to replace its existing SAP ECC ERP which is used for head office companies and its Group consolidation system (BPC).
This position reports into the Head of Financial Reporting. This position will focus on projects impacting the team as well as taking responsibility for the Group Accounting Manual. In addition, the position will support the wider team in month end and quarter end reporting activities.
This is a 6 month fixed term contract to cover a permanent role in the team.
Responsibilities in this role are expected to change over time as the team and Company navigates change. Willingness and ability to take on a variety of tasks to support the team are expected to ensure the team remains resilient and to promote personal development.
A key role will be taking responsibility for the Company’s accounting policy manual, leading on change (e.g. adoption of IFRS 18), ensuring the manual is fit for purpose, providing technical support for users and providing training.
Project work, will require taking the lead in the team on technical accounting issues as well as either leading or supporting on other projects, such as the roll-out of S/4 HANA across the Group. Crucial to this task is ensuring project work is operated in accordance with change controls. Past projects that may occur again in the future include acquisitions, debt transactions, equity transactions and changes to hedge accounting.
Other recurring activities will include being responsible for the accounting of the Company’s Long-term incentive plans (LTIPS), oversight of hedge accounting activities, directors remuneration disclosures, and being the team liaison with internal and external auditors
In supporting the teams core objectives, the role will be expected to support the monthly/quarterly/annual close processes, meeting monthly and quarterly reporting deliverables, ensuring compliance with the Group SOX controls, supporting XBRL tagging in WDESK (Workiva platform), and reporting to key stakeholders, including the Audit Committee & Senior Management.
The activities below are illustrative of some of the other tasks in the role. It is expected that there will be a need to get involved in all aspects of the team deliverables as required.
For all activities, financial control compliance must be maintained, whilst striving for process and procedure improvement.
To achieve this, the role is expected to:
Support any other ad-hoc tasks required to meet the needs of the Financial Reporting Group and its interaction with the wider audience of Stakeholders, e.g. Auditors, Treasury, Financial Planning and Analysis, Tax, legal, Companies House, ONS
Essential
Desirable
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