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Project Manager - Financial Reporting Lab

Job Title: Project Manager - Financial Reporting Lab
Contract Type: Permanent
Location: London
Industry:
Salary: £85,648
Reference: FRC Lab
Contact Name: Lisa Newland
Contact Email: recruitment@frc.org.uk
Job Published: January 26, 2021 13:40

Job Description

The Financial Reporting Council (FRC)’s mission is to serve the public interest by setting high standards of corporate governance, reporting and audit and holding to account those responsible for delivering themWe are the UK Competent Authority for audit.  We also set the UK Corporate Governance and Stewardship Codes as well as UK standards for accounting, auditing and actuarial work, and monitor and take action to promote the quality of corporate reporting and operate independent enforcement arrangements for accountants and actuaries. Further information about our role can be found at www.frc.org.uk.
 
The Lab was launched in 2011 to work with investors and companies to research corporate reporting topics and develop pragmatic solutions to corporate reporting challenges. These include topics on the financial statements and other aspects of corporate reporting such as the strategic report. The Lab supports innovation in reporting by gathering and sharing evidence from the market and the broader corporate community and reporting on what shareholders value in reporting.
 
The Lab engages with investors and companies to find practical ways of improving reporting. The reports it produces include practical guidance and real-life examples of how reporting can be improved based on discussions with project participants.
 
The Role:
 
The Lab Project Manager will manage projects in the Lab as well as supporting other Lab projects. In particular the project manager will support the newly appointed Head of Innovation and Digital.  This involves: 
  • Scoping individual projects, with team input, and developing a project plan. In particular, there is an opportunity to work with the Head of Innovation and Digital to consider the range of opportunities for Lab projects
  • Researching current reporting practice in the topic area
  • Interviewing companies, investors, technology providers, academics and other stakeholders , often alongside another team member, and recording the outcomes of those interviews
  • Participating in roundtable discussions with investors, companies and others
  • Analysing input from project participants into findings and recommendations for the project report
  • Drafting the project report and managing the process of its approval, design and publication
  • Promoting the project outcomes by presenting at events, writing articles, podcasts and other communications
  • Assisting on a range of Lab projects, across the team
  • Ad hoc research on specific reporting, technology and innovation areas as required by the team, or in relation to developing policy. 
The Project Manager will also be expected to participate in outreach to promote the Lab’s activities within the FRC and externally and build a network of stakeholders.
 
The Person:
 
The role would suit people from a range of backgrounds. It would suit someone with experience of corporate reporting, investment, innovation or technology and a desire to learn and develop. Whilst there will be a focus on digital and innovation, applicants need not have necessarily had significant experience in this area The key skills required in the role are as follows:
  • Ability to develop respect and influential relationships with stakeholders in corporate reporting – strong networking and engagement skills.
  • Good written and oral communication and presentation skills, able to articulate topics and issues to a broad range of people from commercial, investment, and regulatory backgrounds.
  • Effective leadership, organisation and project management skills; able to manage concurrent projects and activities. Ability effectively to prioritise work.
  • Enthusiastic, energetic and flexible. Able to work both individually and as part of a team.
The role is normally based in our Central London Office, although during the lockdown all staff have been working from home.  All technology and other items necessary for the role would be provided to the applicant on their first day in post.
Rewards and benefits
  • The FRC offers competitive remuneration packages, including 30 days annual leave plus ability to buy extra leave.
  • Generous employer pension contribution of 10%.
  • Staff Employee Assistance Programme including confidential counselling and work life services.
  • Values in Practice Scheme, rewarding performance against our values and behaviours.
  • The FRC offers staff the opportunity to save at least 25% on the purchase of a new bike through the Cycle to work scheme.
  • The FRC has a strong work/life balance ethos.