Description
Department: Corporate Finance – Media
Location: London
Salary: £60,000 per annum
Contract Type: Permanent
Hours of Work: Monday to Friday, 9:00 AM – 5:00 PM
Job Purpose
The Financial Accountant will be responsible for producing accurate and timely financial accounting and reporting for media entities. The role ensures adherence to best-practice financial processes and controls, supporting statutory reporting, group reporting, and ad-hoc financial tasks. Reporting to the Assistant Financial Controller, the position is essential in maintaining compliance with accounting regulations and driving operational efficiency.
Key Responsibilities & Accountabilities
Financial Reporting & Analysis
- Manage period-end accounting for multiple entities, ensuring accuracy in financial reports.
- Prepare and review balance sheet reconciliations, investigating variances and ensuring compliance.
- Produce financial statements in accordance with UK GAAP (FRS 102/101), IFRS, or US GAAP, as applicable.
- Support internal controls, SOX compliance, and adherence to regulatory frameworks.
- Assist in the preparation and submission of quarterly and annual reporting packs, tax packs, and compliance reports.
- Contribute to audit processes by coordinating with internal and external auditors.
- Support the preparation of cash flow forecasts and quarterly withholding tax schedules.
- Assist in embedded derivative calculations and ensure correct financial treatment.
Management Accounting & Financial Planning
- Oversee period-end accounting processes, ensuring timely and accurate reporting.
- Conduct quarterly financial planning and analysis (FP&A) related to overhead costs.
- Provide insights on financial performance to support strategic decision-making.
- Assist with ad-hoc financial analysis, including media contract evaluations and accounting queries.
- Act as a key point of contact for the offshore shared services team; ensuring collaboration
and alignment on financial processes.
Regulatory Compliance & Internal Controls
- Maintain adherence to statutory reporting standards; ensuring compliance with accounting policies
and regulations.
- Ensure financial reports meet official guidelines; including local
and international regulatory frameworks.
- Support risk management initiatives by implementing
and monitoring financial controls.
- Collaborate with tax
and compliance teams; ensuring proper documentation
and adherence to tax regulations.
Ad-Hoc Duties
- Support various finance-related projects within the organization; providing
financial insights as needed.
- Assist in improving processes related
to financial reporting; reconciliations,
and internal controls.
- Undertake additional tasks as required
to support the finance department
and senior leadership.
Key Performance Indicators (KPIs)
- Accuracy
and timeliness of
financial reporting
and period-end close processes.
- Compliance with UK GAAP,
IFRS,
and SOX controls.
- Effectiveness in managing internal
and external audit processes.
-
Quality of
financial analysis;
support provided to stakeholders.
-
Efficiency in cash flow forecasting;
tax reporting.
-
Collaboration;
communication with finance teams,
auditors,
other departments.
Person Specification
Essential:
Knowledge & Experience
-
Strong understanding of UK GAAP (FRS 102/101) or IFRS/US GAAP.
-
Proven experience in
financial accounting;
reporting .
-
Knowledge of internal controls;
compliance ;
audit processes .
-
Experience working within finance teams ; corporate environment .
Desirable:
-
Experience working within media or sports rights industry .
-
Familiarity with SAP or OneSource systems .
-
Experience within global finance function .
Essential:
Skills & Abilities
-
Strong analytical ; problem-solving skills .
-
Excellent Excel skills for analysis ;reporting .
-
Ability to plan ; organize workload meet deadlines .
-
Strong communication ; interpersonal skills effective collaboration .
-
Ability work independently proactively address issues .
Essential:
Qualifications & Training
Qualified Accountant (ACA , ACCA , equivalent).
Aptitude & Personal Qualities
Essential:
-
Proactive self-motivated keen eye detail .
-
Ability work under pressure meet tight deadlines .
-
Strong team player collaborative approach .
Interest media sports industry plus .
Additional Information
Some additional hours may be required especially during deadlines .
This role offers opportunity gain exposure global operations within a focused environment .
Robert Walters Operations Limited is an employment business agency welcomes applications from all candidates