Finance Lead - Treasury Financial Reporting
Job Title – Finance Lead – Treasury Financial Reporting
Location – London/Dublin
Hybrid - 2 days per week (Dublin only)
Permanent
Flutter consists of two commercial divisions (FanDuel and International) and our central Flutter Functions; COO, Finance & Legal. Here in Flutter Functions we work with colleagues across all our divisions and regions to deliver something we call the Flutter Edge. It’s our competitive advantage, our ‘secret sauce’ which plays a key part in our ongoing success and powers our brands and divisions, through Product, Tech, Expertise and Scale.
In Flutter Finance we pride ourselves in providing global expertise to ensure Flutter is financially healthy. Utilising our Flutter Edge to turbo-charge our capabilities.
About the role:
Reporting to the Director of External Reporting and Technical Accounting, this role is a key part of the Group Reporting team. The Finance Lead - Treasury Financial Reporting oversees financial instruments under US GAAP and IFRS, including hedge accounting.
This role manages all treasury financial instrument reporting and controls, including derivatives, hedge accounting, funding, and external financial reporting. Lead routine activities, ensure accuracy, compliance, and efficient control framework.
The ideal candidate will show excellent decision-making skills and effectively assist the Director of External Reporting & Technical Accounting in identifying and addressing issues early.
What you’ll do
- Support the Group Treasurer, Group Director Tax, and Director of External Reporting & Technical Accounting by advising on treasury accounting, financial reporting, and controlling activities, assisting with funding and restructuring efforts, and formulating debt servicing strategies and policies, including transfer pricing considerations.
- Take charge of all accounting matters associated with the Group's financing activities, overseeing all technical accounting issues, including hedge accounting and debt issuance (Term Loan A, Term Loan B, and Senior Notes issued under rule 144A) in close partnership with the Head of External Reporting.
- Take a vital part in building in-house financial tools for a robust finance function and collaborative relationships with other departments.
- Lead change activities for treasury accounting, advancing risk identification and developing mitigation plans promptly for desired outcomes
- Supervise the preparation and assessment of all financial reports related to treasury, encompassing activities like month-end closures, quarterly and yearly reporting, and regulatory document submissions. This involves reporting on derivatives, hedge accounting, internal and external debt, and financing cash flows.
- Support the Deputy Group Treasurer with budgeting of interest expense and income
- Support the Tax advisory team in understanding the accounting for financing transactions to facilitate transfer pricing of internal loans
- Offer perceptive analysis of budget versus actual treasury activities to senior management
- Collaborate with an external service provider to assist with the record-keeping and booking of Dutch special purpose financing entities. Evaluate and question the outcomes to guarantee accuracy and thoroughness.
- Supervise the hedge accounting process, guaranteeing adherence to US GAAP and reporting standards. This encompasses hedge categorization, paperwork, effectiveness evaluation, and disclosures.
- Partner with external contractor(s) to secure accurate and timely valuations and reporting. Evaluate and scrutinize deliverables, ensuring they are complete and precise.
- Develop and uphold a strong control structure for treasury financial reporting, ensuring SOX compliance and other regulations, addressing control gaps, and managing treasury systems and their control environments.
- Streamline Treasury Finance operations through process improvement, role clarity, and better inter-team communication.
- Lead reporting on projects impacting treasury activities & SOX controls, incl. tax restructurings, new treasury instruments, group transactions, & tech/process changes.
- Develop and maintain treasury reporting policies and procedures, ensuring alignment with guidelines and regulatory requirements.
- Develop and nurture connections with essential collaborators in Group Finance and Global Finance.
- Support the Director of External Reporting & Technical Accounting as needed, with functional or other senior Flutter collaborators on matters related to strategic
- Lead a small treasury financial reporting team, offering support and training, while evaluating team growth needs based on business changes.
How you’ll do it
- Qualified Accountant with 7 – 10+ years of progressive experience, preferably gained in a multi-national / plc environment or a Big-4 accounting firm
- IFRS and US GAAP experience
- Confident and assertive, capable of working effectively with high-level collaborators
- Demonstrated history crafting robust internal control structures (SOX or similar in highly regulated field) and enhancing operational processes.
- Proven team leadership
- Strong financial accounting experience with a solid understanding of current/relevant technical accounting issues
- Strong Financial Systems experience – Oracle Financials would be an advantage
- Excellent MS Office skills – particularly Excel
- Effective in all types of communication; adjusts communication style to fit the audience with exceptional influencing, negotiating, organisational, analytical, and interpersonal skill.
- Understanding the different sectors within the Flutter group and the business reasoning for financial and tax restructuring endeavors, alongside the comprehensive commercial operational structure. Stays current on major developments within the organization and the wider gaming sector.
- Strong process, technical and analytical skills, constantly explores and analyses future scenarios and possibilities to help Flutter respond to change and shape the future. Making informed and sound technical accounting decisions, often under time pressure, while achieving objectives.
- Curious and creative; ability to think laterally and non-linearly; courageous and tenacious
- Motivational leader and team builder, gains trust and support of others, able to establish and engage networks to get stuff done.
What’s in it for you
We are a flexible employer; whether you have personal commitments or a hobby that brings you joy, we want you to bring your best self to work and feel empowered to do so. We also like to share our success; after all you make it happen. We have an excellent benefits package that can be personalised to you:
- Bonus
- Uncapped holiday allowance
- Enhanced pension scheme
- Private healthcare
- Life assurance
- Income protection
- Hybrid working
- £1,000 annual self-development learning fund
- Paid volunteering days
- Enhanced parental leave
- Wellbeing fund (£/€250 a year)
- Recognition programs
About Flutter
We are a world leader in online sports betting and iGaming, with a market leading position in the US and across the world.
We have an unparalleled portfolio of the most innovative, diverse and distinctive brands including FanDuel, Sky Betting & Gaming, Sportsbet, PokerStars, Paddy Power, Sisal, tombola, Betfair, MaxBet, Junglee Games and Adjarabet.
With our global scale and challenger attitude, through which we excite and entertain our customers, in a safe and sustainable way. Using our collective power, the Flutter Edge, we aim to disrupt the sector, learning from the past to create a better future for our customers, colleagues and communities.
We’re working to be an inclusive employer, and we encourage people from all backgrounds, ways of thinking and working to apply. Everyone brings different perspectives and experiences; you don't have to meet all the requirements listed to apply for this role.
If you need any adjustments to make this role work for you let us know, and we’ll see how we can accommodate them.