Junior Management Accountant

Junior Management Accountant

Department: Finance

Location: London

Contact type: 12 Month FTC

Full Time/Part time: Full Time

Reporting into: Group Management Accountant

About Ogilvy: 

Ogilvy UK has been creating iconic ideas that deliver impact at scale for clients ever since David Ogilvy founded the company in 1948. Ogilvy UK specialises in bringing together brand advertising, customer experience marketing, PR, influence and consulting, all fuelled by Behavioural Science. Our world-class award-winning creative campaigns deliver solutions for clients including Sainsbury’s, Argos, , Mondelēz International, Unilever, TK Maxx and Pernod Ricard.   

In 2023, Ogilvy UK celebrated their 75th anniversary and was the most awarded agency in Europe. Ogilvy is home to the largest influencer marketing practice globally, and hosts the world’s biggest festival of behavioural science and creativity, Nudgestock – now in its 12th year.  

The Role:

The Ogilvy Group UK Finance Team is an integral part of Ogilvy UK. The team reports into the Group Finance Director. The group team has overall responsibility for reporting to WPP, statutory reporting, compliance, and systems. The team manages and controls the group P&L and balance sheet. The team also focuses on sharing financial knowledge and information throughout the Ogilvy Group UK Finance community. The Ogilvy Group UK Finance team also leads on overall group financial performance, setting, and reviewing target KPIs, recommendations for systems improvements which will improve the financial and operational performance of all the units of the Ogilvy Group UK.

You will support the Group Accountant in all areas of reporting, cost management and balance sheet management for the Group unit.

You will also be responsible for the recharges to Ogilvy companies and Sea Containers tenants.
You will be a key contact for non-finance staff within the Group.

Key Responsibilities:

Management & Financial Reporting

• Produce Management Accounts for the Group unit
• Review all P&L and Balance Sheet transactions thoroughly and ensure misallocations are corrected and costs are reported in line with internal policies
• Prepare Balance Sheet Reconciliations for all relevant balance sheet accounts on a timely basis
• Maintain Fixed Asset Register
• Assist Group Accountant with Budgeting and Forecasting
• Assist with monthly and quarterly reporting to our parent company WPP
• Prepare timely cost trackers for budget holders
• Manage all intercompany transactions in relation to the recharges to Ogilvy companies and Sea Containers tenants

Job Management

• Ensuring all jobs are opened, maintained and closed efficiently and effectively.
• Ensure regular and timely billing of intercompany recharges and external client invoices

 Compliance and Regulatory Reporting

• Perform new client and vendor due diligence
• Assist Group Accountant in preparing any regulatory information i.e. Statutory Accounts, Corporation Tax, VAT Return, PSA, Office for National Statistics Surveys, Companies House Submissions, Payments Reporting
• Ensure compliance with ICFR regulations and other internal policies
• Assist with all audits

Ad Hoc

• Ad hoc projects as directed by the Group FC or Group Accountant
• Close collaboration with the rest of the Group team and wider Finance teams

Skills:

An individual with a thorough and detailed approach. A studier who is self-motivated and driven. An individual who is keen to ensure the agency maintains tight controls and who can communicate with non-Finance staff.

How we help you Thrive:

•  25 days annual leave (pro-rata) + 1 Volunteer Day 
• Bupa Healthcare
• Enhanced Maternity, Adoption and Shared Parental Leave
• We have a Flexible Working Model with core working hours: 10am – 4pm
• A 1.5:1 Matching Pension Structure
• Wellbeing and Health: Up to £25.00 per month towards physical or online exercise class membership, Unmind membership, LifeWorks tool and annual eye tests and development budgets and Wellbeing incentives and activities throughout the year 
• Season Ticket Loan and Cycle to Work Scheme
• Life Assurance