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Project Manager - Taxonomies & Digital Reporting

Job Title: Project Manager - Taxonomies & Digital Reporting
Contract Type: Permanent
Location: London
Industry:
Salary: 49000 - 50000
Reference: FRC TAX
Contact Name: Lisa Newland
Contact Email: recruitment@frc.org.uk
Job Published: March 02, 2021 16:22

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 FRC’s Regulatory Standards Division is responsible for public and technical policy covering accountancy, audit, actuarial work and corporate governance and stewardship, for which we set regulatory codes and standards and develop guidance to drive high quality work in the public interest. The Division also includes the FRC Lab, which encourages high quality reporting through the development of best practice, and innovation more widely, and all of the FRC’s stakeholder engagement and communications work.
 
The Role:
The role is an new one, allowing us to expand our capability and capacity we have to support the maintenance, updating and further development of the UK and Ireland taxonomy suite, to better support digital reporting, and improve the accessibility to information reported by companies.  This role Requires the successful candidate to learn all aspects in relation to the FRC taxonomies and supporting delivery version updates in relation to the annual cycle. Including:
  • Writing, researching and presenting papers to UK XBRL Governance Committee meetings, and Technical Task Force (TTF) meetings.
  • Attending  and contributing to meetings and workshops at the FRC and other regulatory bodies, such as the FCA, HMRC, Companies House, Charities Commission and BEIS. 
  • Ensuring that digital reporting platforms are joined up, proportionate and best meet the needs of those reporting using them and users of them.
  • Work with the FRC’s technical supplier in relation to the Support, Maintenance and Hosting of the FRC taxonomies and any other activities which need to be undertaken to ensure taxonomies are fit for purpose.
  • Support improving the quality of digital reporting, by way of articles and being proactive on working groups.
The Person:
A degree-level qualification in a relevant field of study, with IT and accountancy being particularly desirable is required. The ideal candidates will have:
  • Several years post qualification experience.
  • Knowledge of the financial reporting environment of listed companies and a keen interest in Financial Reporting.
  • Ideally, experience in XBRL and accounting work or demonstrating a clear interest in these activities.
  • Good written and communication skills.
  • Knowledge of XBRL programming.
The role is based in our Central London Office. The post holder should be able to work flexibly to support the team’s activities and also provide cover within the FRC as necessary.

 

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.