Management Accountant

Date: 15 hours ago

City: London, England

Contract type: Full time

What You'll Do

Managing and reporting to talent or their representatives on income and expenditure
Working with managers to ensure a smooth process throughout entire onboarding and booking process
Preparing multicurrency talent statements
Review and approval payment proposals for talent fees
Answering client and talent queries (including tax enquires)
Monitoring receivables and liaising with IMG’s outsourced credit control team and internal talent agents to achieve timely collection
Including weekly reporting of collections with commentary against forecast
Invoicing income and expenses for clients, including recharges
Facilitate set up of talent banking

Management Accounting

Analyse financial information to assist profitability and growth
Continual monitoring of costs to ensure that we are staying within pre-determined budgets
Variance analysis of actual results against budgets & plan
Regular meetings with the business supported by monthly finance reporting pack identifying KPI’s

Financial Accounting

Ownership and responsibility for the financial month end and year end close process to agreed timetable including financial review with variance commentary
Including Revenue Recognition analysis and journal entries
Monthly balance sheet reconciliations with full supporting for balances in line with group policy
Oversight of vendor payments and liaison with group accounts payable function to ensure all AP payments are made on a timely basis
Ensure sufficient controls are in place for vendor creation/AP and AR process & work to improve these processes

Financial Planning, Reporting & Analysis

Assist with the planning process including 3-year long term planning, budgeting, and quarterly forecasting
Assist with preparation of gross profit & SG&A forecast schedules at divisional and client level for Fashion team. This involves liaising with commercial colleagues to ensure all relevant information is reflected in forecasting system (BPC)
Weekly cash-flow disbursements and 90-day cash forecasting
Arrange and attend meetings with business leaders to ensure Global CRM system is up to date to track all confirmed deals plus anything in the pipeline

Taxation

Working closely with the UK Controller and Tax team on any tax related matters including VAT
Responsible for Foreign Entertainers Tax (FET) Returns quarterly, if applicable

Other

Working closely with the UK Controller and providing regular updates and raising issues promptly
Ensure cash collections are maximized and work with WNS to improve debtor aging profile
Assisting with audit requests in a timely manner
Working closely with the UK Controller and Legal Counsel on all legal matters
Constantly reviewing all internal working schedules and championing improvement and change
Provide backfill support for the wider team on an ad-hoc basis
You may also be required to carry out any other duties which are within the scope and purpose of the job

Please Note e.g., shift(s)/ unsocial hours/ travel etc

The role holder will often be under pressure to complete tasks with strict deadlines
Must be prepared to work additional hours as required to meet deadlines

You Have These

Degree (or equivalent) in Finance/ Accounting
Studying/Aiming towards professional qualifications (ACCA/CIMA)
Part Qualified/Newly Qualified (CIMA/ACA/ACCA or equivalent)
Confident and willingness to challenge commercial stakeholders
Flexible team player with the ability to work with commercial staff across the organisation, across different territories
Must be able to work on own initiative to identify and resolve problems
Strong communication and team working
Proactive attitude
High attention to detail
Ability to work under pressure
Ability to prioritize workload
High level of numeracy

We'd Also Love If You Have These

Working Conditions

Fixed Term Contract, 6 months

London, The Strand

Mon-Fri, Hybrid working - 9:30am-6pm

Post a CV