Financial Reporting Manager
Newbury
Sovereign is a social and commercial landlord and property developer with a turnover of c£375m and c1,800 employees. Sovereign underwent a significant merger with Spectrum Housing Group in November 2016. Responsible for all financial planning & analysis and financial transformation activity during a period of significant growth and change.Financial Reporting• Transformed Sovereign’s monthly management accounts; capturing requirements of key stakeholders, integrating operational performance data with the financials, tracking progress against strategic priorities, automating reports where possible, taking ownership of all narrative to ensure clarity and consistency of information for Board and Executive.• Owned value for money reporting, which involved measuring the performance of assets against strategic priorities to identify opportunities to increase value for the customer and business.• Pioneered the use of rolling forecasting across Sovereign; writing business case, facilitating workshops with key stakeholders to get input and buy-in, designing and communicating new process, organising testing and training users.Financial Transformation• Designed and implemented a five year cross-functional business plan to drive strategic growth and cost saving objectives following significant regulatory changes. Monitored and reviewed the plan, including monthly updates at operational leadership meetings and to Board via a performance report. • Led integration of two Finance departments during merger, ensuring all customer touch points with Finance were seamless at point of merger, aligning and improving all processes, migrating onto a single Finance system, generating significant staff savings post-merger.Line management responsibility for a Senior Reporting Accountant, Finance Projects Officer and a Graduate during this period.