Management Accountant

Found in: Talent UK C2 - 2 weeks ago


London, United Kingdom GroupM Full time

Description

Position at GroupM

MANAGEMENT ACCOUNTANT

Finance & CommercialLondon, England

DESCRIPTION

Position at GroupM

Job Description

Operating Company

GroupM

Job Title

ManagementAccountant

Department / Team

GroupMFinance

Reporting To

Financial Controller

Location

Red Lion Square, London

About GroupM

About the team and/or client

This role sits within the central finance team of GroupM UK Market reporting into theFinancial Controllerand will be primarily responsible for reporting of EssenceMediacom Worldwide. The role will work closely withthe rest of the GroupM teamas well as the AgencyCommercialteams.

The Role Objective

The main purpose of the role isthe timely and accuratepreparation ofthe monthly management accounts for reporting to both GroupM management and WPP group (EMEA). This requires detailed variance analysis and exception reporting.Liaising with Finance Plus onPayables, Receivables andBFC reporting.The role willalso support on key financial objectives thatpromote drivingefficiencies within the team but also within the business.To be successful in this role, engagement with various parts of the business is required, often at different levels of seniority.

Responsibilities

Month-end process/Year end& variance analysis

Own preparation ofmonthly Management Accounts reconciled to TB Calculation of accruals,using IFRS principlesand preparation ofjournals Lead monthly variance analysis (by comparing to budget/forecast) and exception reporting Monthly balance sheet reconciliations,ensuringthat all are reconciled monthly Action any queries post month-end; i.e AP mis-posting etc. Reconciliation of monthly payroll to rolling budget Reportingof headcountto gross salarieson a monthly basisunderstanding movements Ensuring all supporting schedules tie back to main P&L and Balance Sheet Ownership of the preparation of the month end fileensuring compliance with ICFR Provideall relevant information to the auditorsfor SOX, interim and year end audit

Group / WPP reporting

Preparemanagement & externalnumbersand supporting schedules for reporting inBFC Liaise withEMEAto resolve reporting queries Submit commentaries to EMEA on a monthly basis Prepare and submit quarterlyand year-endpackages

Other and periodic

Ensuring compliance with company policies and SOX requirements Continuously reviewing current processes and making improvements to allow better control or improved efficiencies Dealing with Finance Plus on ad hoc queries Ad hoc projects as directed by FCor Finance Leads

How Success is Measured

Accuracy Adaptability Timeliness Cleanliness of balance sheet accounts Adherence to WPP accounting policy and UK GAAP Completion of key responsibilities in line with GroupM overall activity

Skills and Behaviours

Desirable

Experience working with DDS / Media Ocean Experience working with BFC / BFC

Essential

Part/newlyqualified accountant or equivalent (e.g.: CIMA, ACA, ACCA) Intermediate level of Excel Organised with good attention to detail Quick to learn and adaptable to changing work allocation and able to prioritise workload to meet challenging deadlines Strong analytical and reconciliation skills Strong communication & relationship building skills Enthusiastic with a can do attitude Ability to work independently and as part of a team

BEHAVIOURS:

Must show a proactive approach to problemsolvingand take initiative Desire for continuousimprovement Ability to work collaboratively in a large team and across the Agencies
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