Group Management Accountant

Leading global Media organisation based in Central London, is looking for a qualified Group Management Accountant to join its Shared Services team.

Reporting to the Head of Group Reporting, this role sits in a Group finance team of 12, as part of a wider Shared Services team of 60.

Purpose of the job:

To ensure complete monthly, quarterly and yearly financial reporting is completed and delivered accurately by the given deadlines for a number of UK corporate entities and to lead in delivering the results and reporting for the consolidated UK Group.

The main responsibilities include:

Planning

• Responsible for delivery of the monthly forecasts and annual budgets for corporate entities
• Responsible for submission and reporting in Hyperion
• Responsible for submission of the forecasts and budgets produced by the agencies in Hyperion
• Coordinating and answering network queries

Management Accounts for Corporate Entities

• Responsible for the preparation of the management accounts for the corporate entities, preparing the more complex areas
• Ensure management accounts are signed off on a monthly basis by senior management team
• Review analysis of the monthly P&L and variances to forecast, including commentary on variances
• Review analysis of all balance sheet lines including accruals, bank reconciliation etc. for these entities monthly
• Review the upload and submission of the monthly Hyperion management accounts P&L and BS
• Review and prepare various reports and analyse accounts in order to understand activity within the month
• Review reconciliations from the general ledger to the management accounts
• Approve journals to be posted onto the finance system
• Responsible for payroll reconciliation and reporting for selected entities

Statutory Reporting

• Prepare the financial statements for the corporate entities including the reconciliation of US to UK GAAP
• Preparation of consolidated accounts if required
• Be the primary contact for audit of the corporate entities

Tax

• Perform monthly tax account reconciliations
• Responsible for VAT and EC sales list submission to HMRC on a quarterly basis and timely payments to HMRC
• Responsible for the completion of the annual internal tax questionnaires and templates
• Prepare the consolidated tax reporting templates
• Responsible for the annual PSA calculation and submission

Group Consolidation

• Ensure all entities report month results and forecast in line with deadlines
• Work with agency management accounting team to resolve issues which may prevent meeting deadlines or impact accuracy of reporting for the group
• Prepare consolidation adjustments and process these in Hyperion
• Dealing with foreign currency revaluations and currency translation adjustments as required
• Ensure intercompany matching at month end
• Responsible for producing monthly consolidation files
• Co-ordinate and review the other reporting templates

Person Specification:

• ACA / ACCA / CIMA qualified (or equivalent)
• Solid all round accounting experience, including management accounting and group level reporting - essential
• The ideal candidate will have experience from a large and complex commerce and industry company
• Good working knowledge of Excel
• Experience of Hyperion is beneficial but not essential
• Experience with Microsoft Dynamics AX or similar ERP system beneficial but not essential
• Strong analytical skills
• Takes pride in great work, able to prioritise workload and delivers results
• Taking responsibility of timely delivering to the deadline
• Quick to learn and adaptable to changing work allocation and environment
• Pro-active and with a can do attitude and able to handle tasks and drive results without close supervision
• A team player who actively supports others around them but also with ability to work independently
• Strong interpersonal skills; able to communicate at all levels