finance manager London, England
Job description
Our client, an award-winning marketing agency that is using world leading innovative tech to drive growth has an opening for a qualified Finance Manager to join their growing team.
As the Finance Manager and working closely with The Director of Finance you will be responsible for the accounting and reporting aspects of the agency, reviewing and approving the work performed by the accounts payable team. Along with being responsible for the revenue recognition and working with the Account teams to enable them to manage their jobs effectively and efficiently with particular focus on managing working capital.
Job Summary:
Financial Reporting:
- Preparation of month-end management accounts including coordination of reporting process and detailed review and approval of all transactions processed by the accounts payable team.
- Responsible for all aspects of revenue recognition under IFRS15; reconciliation of monthly accrued and deferred revenue.
- Review the output of the accounts payable team who perform AP and AR. Assist with problem-solving as required.
- Ensure integrity of data in the company’s ledger system, Maconomy.
- Reconciliation and submission of quarterly VAT.
- Reconciliation of suppliers’ purchase orders between the systems used by the Company.
- Responsible for all payroll accounting including review and approval of the payment runs and payroll taxes, i.e. PSA submission.
- Prepare monthly balance sheet reconciliation and to report accurate monthly results both internally and to the parent Company in a timely manner.
- Annual management of yearend process, acting as first point of contact with external auditors.
- Ensure the financial control environment is appropriate for the business now and with expected growth.
Budgeting and forecasting:
- Contribute to P&L budgeting and reforecast process, working with Director of Finance and local office leads to ensure forecasts are accurate and that business plans are commercially sound.
- Assist in the maintenance of rolling revenue forecasts.
Operational Engagement:
- Support the Client Services team with any ad hoc requests. Work closely with the account teams to keep a check on budgets, drive efficiency and answer other queries they may have.
- Ensure Client Services team receive the finance support that they need for month end reporting.
- Ensure that information kept by the account teams is reconciled regularly between the CRM and Maconomy
- Ensure that data in Maconomy is kept up to date and accurate e.g. old projects and POs are closed.
- Provide support to the other Support Services (HR, IT, Office management) to ensure smooth running of the business.
- Continue to drive process improvement and efficiency between the systems used by the business.
Quality control:
- Ensure all team output is of the highest standard
- Demonstrate complex problem solving and effective decision making
Skills & Qualifications
- Ideally you will be CIMA/ACCA/ACA qualified with 2+ years experience in a Financial Reporting role.
- Strong excel skills and previous exposure to Maconomy system would be a distinct advantage.
- Proven experience in a similar role within a previous marketing / creative / advertising agency
To apply, please submit your CV today! We appreciate your interest, but due to the high volume of applications, only successful candidates will be contacted.
Job Types: Full-time, Permanent
Salary: £50,000.00-£60,000.00 per year
Schedule:
- Monday to Friday
Work Location: In person
Reference ID: V40756
