Project Manager, Taxonomies and Digital Reporting Level 3 Accounting and Reporting Policy, Regulatory Standards
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 them. We 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.
Regulatory Standards: 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.
A degree-level qualification in a relevant field of study, with IT and accountancy being particularly desirable is required. The ideal candidates will have:
- At least two 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
- The FRC has a strong work/ life balance ethos.
The FRC believes that equality of opportunity and diversity is important in the work that we do and we are strongly committed to being an inclusive employer. Our values of being fair and independent supports this commitment. We're a signatory to the Government's Disability Confident scheme, which means that we guarantee an interview to any disabled candidates entering under the scheme, should they meet the minimum criteria for a role.
Equal opportunities monitoring is an important means of demonstrating and implementing our commitment to promoting equality of opportunity and diversity. Completing our diversity form will assist the FRC to identify any barriers that prevent access to employment and career development for certain groups of people, and to develop solutions, such as action plans, new policies and practices. The form is completed on a voluntary basis and we strongly encourage all job applicants to complete it.
Complete the Diversity Form here
Please apply by emailing a copy of your CV
and covering letter
to the FRC Recruitment team by email via the button below. In the covering letter, please set out, by reference to the person specification above, how you meet the required skillset
- confirm that you have the right to work in the UK
- confirm your current package and benefits, and
- tell us where you heard about this job
Please note that we can only accept applicants who have the right to work in the UK.
The closing date for applications is 19 March 2021