Senior Management Accountant

Job Description

Operating Company

EssenceMediaCom London

Job Title

Senior Management Accountant

Department / Team

Reporting

Reporting To

Financial Controller

Location

GroupM London

The Role Objective:

The main purpose of the role is to prepare the monthly management accounts for reporting to both EssenceMediacom and GroupM Management. This requires detailed variance analysis and exception reporting. A key component of this role is to ensure that management accounts are reported correctly and on a timely basis to meet strict WPP deadlines.

Responsibilities:

Month end process/Quarter/ Year end & variance analysis

• Prepare monthly Management Accounts reconciled to the Trial Balance.
• Provide Monthly variance analysis by comparing to Budget/Forecast/Prior Year with a detailed commentary. This will be reviewed in full by the Financial Controller.
• Calculation of accruals & deferrals of income, costs and inter-company, using IFRS principles. Prepare and post journals accordingly.
• Upload monthly schedules into Cartesis/SAP BFC ensuring that all figures are correct and supported by sufficient documents.
• Run monthly Management Packs for the Managing Partner and Business Directors.
• Ensuring compliance with ICFR (Internal Control Financial Reporting) company policies and SOX requirements so attention to detail is essential. 
• Assist with the SOX and year-end audit by providing all relevant information to the auditors. There will also be client audits throughout the financial year.
• Liaise with Commercial Finance team as well as Finance Plus to resolve any reporting queries. Action any queries post month end.
• Ad hoc projects as directed by Financial Controller/Head of Commercial Finance
• Monthly & quarterly balance sheet reconciliations to audit standard. Ensure that all salary control accounts are reconciled monthly. Reporting of headcount to gross salaries on a monthly basis.
• Continuously reviewing current processes and making improvements to allow better control or improved efficiencies in the department.

Business Partnering:

• Business partnering through engagement with business on a regular basis including Microsoft Teams/face-to-face meetings
• Adding value to operational teams through analysis, reporting etc.

Essential Attributes for Senior Management Accountants:

• Fully qualified accountant or equivalent (eg: CIMA, ACA, ACCA) MIN 3+ years post qualification.
• The Senior Management Accountant needs to be able to work independently as well as part of a core London Reporting Team.
• Intermediate/advanced level of Excel
• Quick to learn and adaptable to changing work allocation and able to prioritise workload to meet challenging deadlines.
• Organised and excellent attention to detail
• Strong analytical and reconciliation skills
• Strong communication & relationship building skills in both Finance Team and in the EssenceMediaCom business.
• Enthusiastic with a can-do attitude

About EssenceMediaCom

At EssenceMediaCom, we believe in People First, Better Results.

EssenceMediaCom is the UK’s largest planning and buying agency, with over 1,400 employees based in 5 offices in London, Manchester, Leeds, Birmingham, and Edinburgh.

As a business, we champion individuality and diversity in our people. Through a plethora of initiatives, we ensure that we attract and retain the greatest talent in the industry, all working together to create powerful, ground-breaking work through our unique, connected Systems Thinking approach. Our teams use data, technology and creativity to design communications strategies that build brands and generate sales, and we do it at scale. We believe that putting people first produces better results.

We aim to ensure that that our employees’ skills are constantly evolving, and so provide all EssenceMediaCom staff with training, development plans and regular appraisals to enhance their performances and guarantee great results for them and the company.

EssenceMediaCom represents some of the greatest brands in the UK and beyond, both big and small. These include Sky, Sony, Vauxhall, DFS, TUI, The Coca-Cola Company and Tesco.

EssenceMediaCom is Campaign’s Agency of the Decade (2009 and 2019), and WARC’s most effective agency in the world.

EssenceMediaCom is a member of WPP, the world's largest marketing communications services group, and part of GroupM, WPP’s consolidated media investment management arm.

To find out more about MediaCom visit us here! You can also follow us on Twitter and Instagram!

*Although we cannot make guarantees, we welcome conversations about flexible working for all roles at EssenceMediaCom London