12 Month FTC – Management Accountant

£34,000 to £38,000 p.a. / Fixed Term - Contract / London

12 Month FTC, Management Accountant, Central London, GBP35-38,000

An excellent opportunity for a PQ Management Accountant to join a buzzing Advertising Group in Central London. Responsible for 2 Agencies and working in a strong Finance team.

The ideal candidate would have studied a finance/accountancy related degree at University and be part-qualified in a relevant professional qualification (CIMA or ACCA). This is a fast-paced and challenging role, which requires an individual who has a good grounding in management accounts, and the drive and energy to achieve our Group reporting deadlines. The ideal candidate would have experience within the advertising/media sector and be used to communicating with non-financial people at all levels.

Responsibilities:
Timely reporting of monthly figures to Management and Group by WD2 working with the FM:

Accruals and Prepayment; review of full P&L for monthly expenditure incurred; identify areas of expected costs, preparation of month-end journal
Reversing prior month end journals, setting up new files for the month (Income statement, forecast file etc.)
Review Accounts Payable ledger; reconciliation employee balances and aging; identifying cause of debit balances and take relevant action to correct
Preparing and presenting freelance accruals to FM for month end reporting; weekly download of P&L, review freelance account and update freelance schedule
Three way salary reconciliation (reconciling payroll schedules to internal salary file and general ledger)
Preparing Pension and Staff Advances reconciliation for FM review on monthly basis
Preparing payroll reconciliation, journal
Headcount YTD reconciliation
Check recharges prepared by AMA (check P&L and identify any costs to be recharged, check final file)
Preparing the WIP Aging report for month end reporting on WD1 or WD2 ; WIP credits, WIP Aging, Open billable PO aging
Management of intercompany recharges and reconciliation on a monthly basis, including resolving mismatches & preparation of journals for intercompany recharges / accruals.
Check recharge job balances fully reconciled to zero on monthly basis
Monthly and YTD Income Statement review and analysis
Assisting with preparation of Hyperion Reporting month-end pack (Excel Schedules for input at Resources UK)
Responsible for the review of the month end reporting folder
Assisting Finance Manager with journal postings where required
Budgeting / Forecasting
Update forecast files with monthly actuals to assist the Finance Manager
Monthly review of overheads to identify key costs expected based on historic trends and understanding of business needs
Liaising with relevant agency staff to identify future costs
Salary forecast
Assistance with upload into Hyperion Financial Management system

Other day-to day duties

Review and action issues identified on Process Director Report (Accounts Payable queries relating to upload and payment of supplier invoices)
Clearing travel costs that are loaded onto our Unassigned Job each month. Liaising with agency staff where needed to clear the job
Attend monthly Balance Sheet meetings with FM and ensure points are cleared before month-end reporting
Attend weekly team meeting with agency management team and FM to deal with general finance related queries
Analysing open billable POs during the month and liaising with the WIP team to ensure POs not needed are closed
Monitoring expenditure of procurement suppliers, mobile, travel bills etc. to control costs.
Reviewing BACs payment runs and identifying suppliers requiring manual payment
Regular communication with AP team and Intercompany team at SSC to clear issues; key point of contact for agency creative teams for AP queries
National Statistics – business survey (monthly) , Disposal of Assets (Quarterly)
Corporate Social Responsibility report (annually in January)
P11D (annually in April)
PSA preparation (annually in July)
Provide finance training to agency employees where needed
Assist in any internal and external audit, ensuring compliance in all areas
Other ad-hoc requests from the Finance Manager, Financial Controller, Finance Director, PR/Marketing, HR.
Assist in the development of Financial processes and procedures
Holiday cover for other MAs
Manage AMA

Systems used:

Hyperion Financial Management (Forecast & Budget reporting to Group)
SAP for General ledger accounting
Maconomy (legacy system)
Extensive use of Excel (advanced level and interest to develop excel skills further)

To apply for this role speak to the dedicated consultant:

Deniz Dervish

Tel:+44 (0)20 7042 8427
email:deniz.dervish@tracerecruit.com