UK Dealing with Financial Reports as Manager

[als-uk]

Hello all, hope you are well. I have just been got a role within a large corporate heading up an HR department in the UK (have always worked for smaller firms). I know that part of the role will involve looking at, interpreting and making use of management financial reports, P&L etc. This is not something I’ve had a lot of exposure in the past. In large businesses do you usually work with a management accountant allocated to your department or? If so, how does this usually work please? Sorry if this seems like a naive question, numbers make me nervous!! Thank you in advance

 

[kirby]

This is where you seek out your counterpart in the Acctg Dept and ask for their guidance. In return take them to lunch somewhere nice on your own dime.

 

[joshlabtech]

Hello all, hope you are well. I have just been got a role within a large corporate heading up an HR department in the UK (have always worked for smaller firms). I know that part of the role will involve looking at, interpreting and making use of management financial reports, P&L etc. This is not something I’ve had a lot of exposure in the past. In large businesses do you usually work with a management accountant allocated to your department or? If so, how does this usually work please? Sorry if this seems like a naive question, numbers make me nervous!! Thank you in advance

Hi Als-UK, if you ever got an answer, I hope you shred it here, as i'm keen to know as well. Cheers!