Finance Controls & Compliance Manager

Overview

Job Title: Finance Governance, Controls & Compliance Manager

Division: Corporate

Location: Glasgow

Hybrid

Purpose of Role: This is a newly created role in the Weir Corporate team, based in Glasgow and reporting to the Group Financial Controller, to lead a lean global Finance Centre of Excellence for Governance, Controls and Compliance. The role is responsible for the global finance risk management and internal control framework including risk management, policies, controls and overseeing the maintenance of good levels of general governance.

The CoE Manager will work with the business and other stakeholders, such as Internal Audit and Risk teams, to enhance and standardise the control framework covering all aspects of financial reporting and to ensure the Group is prepared to meet requirements under the revised Corporate Governance Code in relation to finance controls. The CoE Manager will also ensure that all Weir operations adhere to regulatory requirements and internal policies, mitigating risks and enhancing the integrity of financial reporting.

Be part of a global organization dedicated to building a better future: At Weir, the growing world depends on us. It depends on us reinventing, adapting and continually finding better, faster, more sustainable ways to access the resources it needs to thrive. It’s a big challenge – but it is exciting.

An opportunity to grow your own way: Everything moves fast in the dynamic world of Weir. This creates opportunities to take on new challenges, explore new areas, learn, progress and excel. Everyone is given the support and freedom to tailor-make their own career and do the best work of their lives.

Feel empowered to be yourself and belong: Weir is a welcoming, inclusive place where each individual’s contribution is recognized and all employees are encouraged to innovate, collaborate and be themselves. We continually focus on people and their wellbeing. We believe in fairness and choose to be honest, transparent and authentic in everything we do.

• Governance: Establishing and maintaining enterprise-wide finance policies, governance and controls for all aspects of financial reporting; ensuring appropriate governance for matters requiring Corporate approval.
• Compliance: Responsible for PLC and the consolidated Group external financial reporting compliance including assessing regulatory changes, performing impact assessments and managing the implementation of new requirements across the group; management and communication of process and reporting timetables for PLC and the consolidated Group external financial reporting and local statutory accounts; monitoring adherence to external regulatory deadlines (in collaboration with CoSec); provision of advice on technical accounting queries.
• Controls: In conjunction with the Corporate Risk team, establishing and maintaining the Group’s material financial controls and the associated testing/assurance approach to ensure compliance with Provision 29 of the UK Corporate Governance Code for finance controls; developing, implementing, and maintaining minimum standards for all financial controls (in collaboration with Weir Business Services (WBS) and the wider business); consideration of future-state testing strategy and management of any change (in collaboration with Internal Audit).
• Communication & Training: Ensuring controls documentation and policies are up to date and readily available to all required stakeholders; communicating changes to required stakeholders in a timely manner; providing necessary training and support to required stakeholders.
• Safety First: Demonstrate 100% commitment to zero-harm behaviors in support of developing a world-class safety culture.

• Educated to at least degree level or equivalent plus relevant Finance professional qualification (e.g. CA – ICAS, ICAEW, ACCA)
• Strong knowledge of financial regulations and standards (IFRS)
• Experience of audit, assurance and controls is essential; proven ability to enhance processes, policies, and systems for governance and control improvements; US SOX experience beneficial but not…