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About the Role
The UK Accounting Director is a crucial leader within BCG UK’s finance and accounting function, overseeing financial accounting and reporting for BCG’s UK legal entities. This role ensures accurate financial records, high-quality reporting, and compliance with UK GAAP, US GAAP, and statutory/regulatory requirements. The Director will direct critical accounting activities, monitor regulatory changes, and collaborate with global and local finance teams. Responsibilities include strengthening accounting operations, formalizing policies, identifying process improvements through automation and analytics, and leading a high-performing team.
Responsibilities
- Provide strategic direction and overall leadership for the Accounting and Control team, establishing priorities, expectation for technical quality, risk management and delivery.
- Sign-off on the integrity and timely completion of month-end and year-end close processes across the UK legal entities, including review of significant accounting judgments, estimates, provisions, complex journal entries, balance sheet reconciliations, and unusual or non-routine transactions.
- Be accountable for identifying and appropriately accounting for differences between UK GAAP and US GAAP, ensuring required adjustments are accurately reflected in the underlying ledgers and results are reported correctly under both accounting frameworks.
- Act as the UK senior accounting authority and UK GAAP technical accounting subject matter expert on complex accounting areas including intercompany transactions, mobility accounting, sub-consolidations, revenue recognition, netting centre, long term incentives and obligations, providing authoritative direction on complex, material and judgemental accounting matters.
- Assess accounting implications of transactions and business decisions including tax matters, emerging regulatory and corporate reporting developments etc, proactively assessing their impacts on the UK entities and ensuring appropriate treatment from inception.
- Oversee the preparation, review, and timely completion of statutory financial statements for BCG’s UK legal entities, including relevant netting center activities, ensuring compliance with UK GAAP (including FRS 102) and applicable UK Companies Act requirements.
- Oversee the UK statutory audit and own the senior relationship with external auditors, including audit planning, management of complex accounting and reporting matters, and timely resolution of audit findings.
- Lead and defend BCG’s accounting positions on significant accounting judgements, financial reporting risks and complex technical matters through clear technical analysis and documentation, ensuring that differences in opinions are resolved constructively, escalating and partnering with Global Accounting & Control as appropriate.
- Direct the research, analysis, and resolution of complex and non-routine accounting matters under UK GAAP and US GAAP, including preparation and/or review of technical accounting position papers. Monitor regulatory and accounting developments, lead implementation of new requirements, and build and formalise relevant BCG finance and accounting policies.
- Accountable for the UK Corporate Governance including company secretarial matters, and other statutory obligations across the UK legal entities.
- Overall accountability for the monthly general ledger reconciliations and the effectiveness of key accounting controls, identifying financial or control risks, setting priorities for remediation, and driving timely and sustainable resolution.
- Act as the senior accounting authority for the UK, providing authoritative direction on complex, material and judgemental accounting matters.
- Own the resolution of significant accounting issues, including the assessment of alternative treatments, interpretation of accounting standards and determination of appropriate accounting positions.
- Exercise independent professional judgement, constructively challenge proposed treatments and make decisions within delegated authority, escalating matters to the LAB Head of Finance in a timely manner.
- Act as a trusted accounting advisor to senior leadership, including UK entity boards, the LAB Head of Finance, and regional and global Finance leadership, clearly communicating complex accounting matters, financial reporting implications, key judgments, and areas of risk.
- Develop the capability of the accounting and control team - coaching, mentoring, embedding best practice, and providing managerial guidance to the team, ensuring that the function operates effectively and efficiently.
- Drive improvements in accounting processes using automation, analytics, business intelligence, and digital technologies, while contributing to regional and global finance transformation initiatives.
Requirements
- University education and a recognized professional accounting qualification (ACA, ACCA, CIMA, CPA, or equivalent).
- At least 10 years of progressive accounting and financial reporting experience, including Big Four audit/accounting experience.
- Experience working for/with large, complex multinational organizations strongly preferred.
- Deep technical knowledge of UK GAAP, UK statutory financial reporting requirements, and taxation and strong knowledge of US GAAP.
- Demonstrated experience researching authoritative accounting guidance, resolving complex accounting matters, and preparing and reviewing technical accounting position papers.
- Broad finance experience spanning general accounting, financial reporting, tax, treasury, and financial systems.
- Strong problem-solving skills and sound judgment, with the ability to identify accounting and financial reporting risks, navigate ambiguity and competing priorities, and appropriately challenge established positions.
- Excellent communication and interpersonal skills, with demonstrated ability to present complex accounting and financial reporting matters clearly and credibly to senior executives, Boards, auditors, and other senior stakeholders, and to influence decision-making across levels.
- Proven people leadership and track record of developing high-performing, inclusive teams while delivering high-quality outcomes.
- Familiarity with emerging digital and AI tools and their potential application to accounting, financial reporting, and process improvement.
- Experience with SAP accounting systems (S/4HANA Public Cloud and SAP Analytics Cloud) and financial data analysis/reporting tools a plus.
Skills
- UK GAAP
- US GAAP
- UK statutory financial reporting
- Taxation
- Financial reporting
- General accounting
- Treasury
- Financial systems
- Problem-solving
- Judgment
- Communication
- Interpersonal skills
- People leadership
- Team development
- Digital tools
- AI tools
- SAP accounting systems
- SAP S/4HANA Public Cloud
- SAP Analytics Cloud
- Financial data analysis
- Reporting tools
Location
- London
Work Type
- Hybrid
- Onsite
Experience Level
- At least 10 years of progressive accounting and financial reporting experience
Education Level
- University education
- Professional accounting qualification (ACA, ACCA, CIMA, CPA, or equivalent)
About the Company
- Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities.
- BCG was the pioneer in business strategy when it was founded in 1963.
- Today, we help clients with total transformation-inspiring complex change, enabling organizations to grow, building competitive advantage, and driving bottom-line impact.
- To succeed, organizations must blend digital and human capabilities.
- Our diverse, global teams bring deep industry and functional expertise and a range of perspectives to spark change.
- BCG delivers solutions through leading-edge management consulting along with technology and design, corporate and digital ventures—and business purpose.
- We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, generating results that allow our clients to thrive.
Equal Opportunity
- Boston Consulting Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity / expression, national origin, disability, protected veteran status, or any other characteristic protected under national, provincial, or local law, where applicable, and those with criminal histories will be considered in a manner consistent with applicable state and local laws.
- BCG is an E - Verify Employer.