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Lead the Financial Close Out of a Major UK Rail Operation. An opportunity has arisen for an experienced Financial Controller to lead the financial management and close out of one of the UK’s largest train operating businesses as it transitions through the Government’s renationalisation programme. This is a high profile role within Group Finance. You will take ownership of financial reporting, statutory accounts, and contract close out activity over a defined two year period. The role requires strong technical accounting expertise, confident stakeholder management, and the ability to lead through a complex transition.
Job Responsibility:
Lead the financial planning and execution of the business wind down following cessation of operations
Develop and manage the financial close out plan, including final settlements, cost run off, provisions, and timelines
Identify and manage liabilities, accruals, and contingencies through to final close
Deliver financial scenario modelling relating to contract termination outcomes
Act as the lead finance contact for Department for Transport financial reporting during the transition period
Prepare and submit all required financial returns, reconciliations, and close out documentation
Support contract close out discussions with government stakeholders
Respond to financial reviews and queries with clear analysis and supporting evidence
Lead the production of management accounts throughout the transition period
Take ownership of the statutory accounts and all related disclosures
Manage accounting judgements and estimates associated with cessation of operations
Act as the main contact for external auditors and ensure an efficient audit process through to sign off
Maintain strong financial controls and governance during the transition period
Ensure full compliance with internal policies and regulatory requirements
Deliver robust balance sheet control and final ledger close
Identify and manage financial risks linked to contract termination and operational wind down
Work closely with government bodies, auditors, and key suppliers
Partner with Group Finance teams across reporting, planning, and finance systems
Collaborate with legal, HR, and operational teams supporting the transition
Provide clear financial insight to senior stakeholders during a complex change programme
Requirements:
Fully qualified accountant, ACA, ACCA, or CIMA
Strong background in financial reporting and management accounting
Proven experience leading statutory accounts and external audit processes
Experience operating in a regulated environment such as rail, transport, utilities, or the public sector
Strong knowledge of financial controls, provisions, accruals, and contract accounting
Confident engaging with senior stakeholders and external bodies
Nice to have:
Experience within the transport sector or direct exposure to government financial reporting
Experience supporting contract termination, operational wind down, or complex business transitions