Summary
Overview
Work history
Education
Skills
Languages
Timeline
Generic

Peter Phillips

Kingston,London

Summary

A Financial Accountant with extensive experience of working within financial control. From the review of balance sheet reconciliations, through to the preparation, review and reporting of management and statutory financial statements.

Able to focus under pressure and adapt to competing priorities in a constantly changing environment and enjoy working as part of a wider team to deliver on key finance objectives.

Overview

19
19
years of professional experience
3
3
years of post-secondary education

Work history

Financial Accountant

LSEG PLC
London, City of London
04.2015 - 11.2024
  • Managed month-end close for 8 legal entities across UK, EMEA & APAC through to WD5 ledger closure.
  • Produced Management Accounts for 8 legal entities with detailed analytical review and reporting of legal entity performance against budget, forecast + KPIs.
  • Conducted monthly balance sheet reviews, with focus on continuous improvement and presented these to the divisional controller during the Quarterly balance sheet control meeting.
  • Ensured that the group revenue recognition policy was implemented accurately under IFRS15, in line with the performance obligations in customer contracts.
  • Developed lease accounting entries and controls for UK & EMEA entities, in compliance with IFRS16.
  • Collaborated with payroll accounting team during the monthly payroll reconciliation process and drove improvements to the end to end payroll reporting process.
  • Supported Business Partners and other senior stakeholders during the Budgeting and Forecasting process.
  • Engaged with Treasury to ensure correct accounting of intercompany loans and appropriate liquidity levels maintained across legal entities.
  • Performed monthly WIP review and analysis, liaising with Project Managers.
  • Produced the quarterly FCA resilience survey for UK regulated entities and responded to queries from central compliance team.
  • Assisted the statutory reporting team in the preparation and review of annual financial statements for legal entities across UK, EMEA and APAC.
  • Liaised with external Auditors to provide walk-throughs of key financial controls and processes where required, including IFRS9, IFRS15 and IFRS16.
  • Conducted quarterly impairment reviews of intangible assets including IP, reported impairments to group reporting team and prepared any required consolidation entries.
  • Identified improvements to accounts receivable (AR) processes, investigating payment discrepancies and reconciled key customer accounts.
  • Supported the Tax team with any queries during the annual tax filing, including the identification of any R&D tax credits.
  • Produced intercompany reconciliations and prepared entries to resolve identified breaks.

Cost Management Accountant

LSEG Plc
London, City of London
02.2014 - 03.2015
  • Conducted regular monthly variance analyses v budget and forecast.
  • Coordinated month-end close procedures for UK, EMEA & APAC entities.
  • Demonstrated a firm understanding of tax laws and regulations; assisted in corporate tax filings.
  • Supported the year end Audit, liaising with auditors whilst maintaining transparent documentation practices.
  • Identified cost reduction opportunities, improving profitability margins.
  • Assisted in preparation of annual budgets, aiding business planning.

Finance Manager

Compass Group UK & Ireland
London, City of London
02.2009 - 02.2014
  • Finance Manager for 3 London based catering and support service contracts.
  • Preparation of weekly and monthly management accounts for submission to Group.
  • Presentation of monthly financial performance to both internal and external stakeholders, including key clients and senior management.
  • Identified areas for improvement and enhancements in financial processes and reporting mechanisms.
  • Established weekly budgeting and forecasting activities to align financial goals with organisational objectives.
  • Maintained KPI reporting tools for accurate, up-to-date financial data for decision-making.

Assistant Accountant

Richmond Events Ltd
London, Surrey
02.2006 - 02.2009
  • Production of monthly management accounts pack for Finance Directors review.
  • Liaising with external Auditors during the year end statutory reporting process.
  • Maintaining key sales metrics and KPIs to provide an up to date view of performance.
  • Prepared monthly balance sheet reconciliations including cash and payroll for review by the Finance Director.
  • Assisted in preparing monthly, quarterly and year-end tax returns.

Education

Bachelor of Arts - Business Studies (Finance)

London South Bank University
London
09.1999 - 09.2002

Management Level -

CIMA
UK

Skills

  • Full Legal Entity financial controllership
  • Statutory reporting from Oracle trial balance through to presentation of final financial statements at board level
  • Teamwork and collaboration with multiple stakeholders across LSEG, including centres of excellence, payroll, treasury and Group
  • Extensive experience of Oracle EBS, Blackline, Hyperion Financial Management and SmartView
  • SAP
  • Determined and focused on delivering continuous improvements to key processes
  • Financial reporting
  • Account reconciliation
  • Budgeting and Forecasting
  • Payroll
  • Profit and Loss Analysis
  • Financial analysis
  • Monthly close process
  • Key performance indicators analysis
  • Fixed asset accounting
  • Cash flow management
  • Advanced Microsoft Excel

Languages

English
Native
French
Intermediate

Timeline

Financial Accountant

LSEG PLC
04.2015 - 11.2024

Cost Management Accountant

LSEG Plc
02.2014 - 03.2015

Finance Manager

Compass Group UK & Ireland
02.2009 - 02.2014

Assistant Accountant

Richmond Events Ltd
02.2006 - 02.2009

Bachelor of Arts - Business Studies (Finance)

London South Bank University
09.1999 - 09.2002

Management Level -

CIMA

Similar Profiles

Create profile
Peter Phillips