Finance Manager: Balance Sheet, Cash and Capex Reporting

Job Description*
Job Title: Finance Manager: Balance Sheet, Cash and Capex Reporting
Req ID: 58933
Job Function: Finance
Posting Start Date: 22/05/2026
Posting End Date: 01/06/2026
Division: Openreach
Job Location: GBR Bristol \- Assembly, GBR London Openreach HQ
Advertised Salary: Competitive
Closing Date: 01/06/2026

Locations \- London or Bristol

About the role
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This is a high\-profile role with significant influence over the quality of Openreach’s financial reporting, reporting directly to the Financial Reporting and Systems Lead within the central function.
You will be accountable for all aspects of financial reporting across Capex, Balance Sheet and Cash, with a particular focus on External Working Capital, while playing a key role in maintaining the integrity of the Fixed Asset Register during a period of substantial investment. With a strong grasp of business performance drivers, risks, opportunities and assumptions, you will deliver clear, insightful analysis to senior Openreach and BT Group stakeholders, supporting decision\-making against prior performance and Medium Term Plan commitments.
The role also offers broad exposure across Openreach, with the opportunity to support the wider controller community in delivering high\-quality results and driving a best\-in\-class finance function.
What you’ll be doing
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• Provide coaching and leadership to one direct report and two indirect reports


• Coordinate and own Openreach month\-end across Capex, Cash and Balance Sheet, including reporting and analysis


• Generate, understand and clearly articulate end\-to\-end Openreach performance stories, including presentations to the CFO, Finance Directors and senior stakeholders


• Represent Openreach in BT Group reviews, including month\-end Cash, Balance Sheet and Holistic Filing reviews


• Develop deep understanding of the Balance Sheet, including risks, opportunities and insightful KPIs to strengthen performance


• Provide leadership and guidance to unit finance teams on Balance Sheet and working capital to improve understanding and quality


• Sponsor improvements to the Fixed Asset Register, promoting strong BAU processes and leading project activity on complex areas


• Work closely with Internal and External Auditors and Group Finance to ensure a smooth audit process and follow\-up actions


• Operate and evidence key financial reporting controls, and support accounting policy areas such as Bad Debt Provision, IFRS16 and VAT


• Lead project work as required

Essential Skills / Experience
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• Qualified accountant with strong experience across Balance Sheet and Cash, and credibility engaging across complex, group\-structured organisations


• Proven ability to lead and deliver through both line and matrix management across multi\-phase initiatives, effectively managing competing priorities and tight deadlines


• Effective leader and coach, driving high performance and embedding desired behaviours while supporting teams to deliver quality outcomes

Desirable Skills / Experience
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• Experience in a central or a control focussed role is preferred but not a pre requisite.


• Experience in Telecoms or Infrastructure would be advantageous but not required.

Our Package
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Tailored benefits make a real difference. That’s why we offer a comprehensive range to support your growth, wellbeing, and everyday life. You can design the package to suit you and your lifestyle.

Your core benefits include:

• 10% on target annual bonus


• Access to an online private GP 24/7 for you and your immediate family


• Market\-leading paid carers leave with up to 2 weeks off


• Equalised maternity, paternity, and adoption leave – 18 weeks’ full pay and 8 weeks’ half pay


• Discounted EE and BT products, including mobile and broadband


• Market leading Pension scheme – 5% from you and 10% from us

Holiday purchase scheme

• You can select additional benefits, including healthcare, dental, gym memberships and more when you’re ready.

Openreach is the UK’s leading digital infrastructure business, responsible for building and maintaining the fixed network that connects millions of homes and businesses across the country. While wholly owned by BT Group, Openreach is a legally separate, independently governed business, with its own strategy and operating model. Openreach’s customers are the 600\+ communications providers who sell phone, broadband and Ethernet services to UK homes and businesses.

Right now, Openreach is building the UK’s largest full fibre broadband network. It’s on track to reach more than 25 million premises by December 2026 and it’s laying the foundations for the country’s connectivity for decades to come. This is nationally significant work, supporting economic growth, regional development and everyday life for millions of people.

Operating in a highly regulated environment, Openreach works closely with industry partners, governments and communities to deliver a network that’s reliable, fair and future ready. We have a singular culture that unites all our people: we are customer\-first challengers, who are committed, clear and connected. These behaviours unite us as one team to better deliver for our colleagues, our customers, our stakeholders and the country. Joining Openreach means playing a direct role in one of the UK’s most ambitious infrastructure programmes, with real purpose, independence and impact.

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