Group Financial Controller
Posted 1 week ago by VisionFR Limited
£85,000 Per year
Outside
Hybrid
London Area, United Kingdom
Summary: The Group Financial Controller will oversee all financial and management accounting aspects for a global creative agency on a fixed-term contract of 12-18 months. This role involves managing financial operations, preparing management accounts, and ensuring compliance with regulatory requirements. The successful candidate will also support the finance team and contribute to the agency's financial acumen. Immediate availability is preferred for this position based in London with a hybrid working arrangement.
Key Responsibilities:
- Provide effective control and management of the Company’s finances and maintain integrity of financial information.
- Prepare and deliver month-end management accounts, including P&L, Balance Sheet, Forecast, and cashflow.
- Manage inter-company billing and reconciliation of balances.
- Prepare year-end accounts and liaise with auditors for timely audits.
- Manage working capital and ensure timely debtors’ settlement.
- Ensure compliance with regulatory requirements of statutory bodies.
- Prepare annual budget drafts and conduct year-on-year analyses.
- Analyze client and job profitability, time utilization, and recoverability.
- Assist with the implementation of new accounting systems and process improvements.
- Consolidate Group month-end reporting and coordinate quarterly reforecasts and annual budgets.
- Design and develop Group tools and templates.
- Perform ad hoc tasks as requested by the Global CFO.
Key Skills:
- Fully qualified Accountant (ACCA/ACA).
- At least 2 years of experience as a Senior Finance Manager/Financial Controller.
- Able to work to tight deadlines.
- Intermediate-advanced knowledge of Excel.
- Attention to detail and commitment to quality financial reporting.
- Experience in a Creative Agency with understanding of agency financial reporting.
- Proactive growth mindset and a “can-do” attitude.
- Willingness to undertake a 12-18 month contract.
Salary (Rate): £85,000.00 yearly
City: London
Country: United Kingdom
Working Arrangements: hybrid
IR35 Status: outside IR35
Seniority Level: Mid-Level
Industry: Finance
Role: Group Financial Controller
Duration : 12-18 Months FTC
Sector: Creative Agency
Reporting to: Finance Director & Group CFO
Location: London (Hybrid – 2 days in office/week)
Salary: £80,000 - £85,000
Ref: VFR 3178
Our client is a global award-winning creative Agency, looking to appoint a Group Financial Controller working on a fixed term contract for 12-18 months. The Role of Group Financial Controller covers all aspects of financial and management accounting including group consolidation, and financial control of the business operations of the group. You’ll play an important role in supporting and coaching colleagues in the Finance Team and building financial acumen in the wider business. Ideally the candidate will have paprika and be immediately available or able to start at short notice.
The role of the Group Financial Controller ( fixed term Contract) UK Entity Finance Providing effective control and management of all aspects of the Company’s finances and maintaining integrity of all financial information. Managing and working with the team to prepare and deliver month end management accounts including a reporting pack comprising P&L, Balance Sheet, Forecast, cashflow to tight Group deadlines. Inter company billing and reconciliation of inter company balances. Preparation of year end accounts including all schedules necessary for audit purposes. Liaison with the auditors and management of the process in order to achieve a timely and efficient audit. Working capital management, to ensure sufficient cash flow through timely debtors’ settlement and billing accrued revenue promptly. Tax computation, compliance and submission Ensuring that regulatory requirements of all statutory bodies are met where appropriate.
Commercial Management Ensuring ‘no surprises’ and keeping agency and management equipped with relevant insights into business performance, reviewing financial and other KPI performance versus budget. First draft preparation of annual budget including year on year analyses to assist appropriate decision making on allocation of budgets. Prepare and present client and job profitability, time utilisation and recoverability analyses. In depth understanding of status of client jobs, proactively acting to ensure all jobs are controlled, closed when necessary and no unnecessary cost write offs are incurred. Working with the Ops Director, the preparation and actioning of job profitability analyses which involve regular liaison with Account Directors and Managers to understand variances from expectations, and the commercial and financial aspects of client relationships.
Systems & Improvements Assisting with implementation and integration of new accounting system. Identifying systems and process improvements across business teams that will lead to greater efficiency. Managing the implementation and roll out. Meeting regularly with the group Finance Director to provide regular reporting and proactive commercial advice. Identifying issues and putting a plan of action in place to resolve.
Group Finance Consolidation of the Group month end reporting. Ownership of the month end timetable. Coordination and consolidation of quarterly reforecast and annual budgets. Coordination of reporting (Recoverability, Utilisation, Capacity) ensuring consistency across all regions. Design, Development and roll of Group tools & templates. Ad hoc tasks as requested by the Global CFO.
Key Skills of the Group Financial Controller: Fully qualified Accountant (ACCA/ACA). An in depth understanding of the deliverables of a finance function, with at least 2 years working as a Senior Finance Manager/Financial Controller. Able to work to tight deadlines. Savvy with technology and willing to embrace new systems and processes & support with implementation Intermediate-advanced knowledge of Excel. Great attention to detail and an understanding that the quality and accuracy of work underpins good financial reporting. Will have worked in an Creative Agency with a good understanding of Agency financial reporting and culture. Proactive growth mindset, with a “can-do” attitude. Happy to undertake a 12-18 month contract.
VisionFR is committed to encouraging equality, diversity, inclusion and eliminating unlawful discrimination within our workforce and whilst fulfilling our Client recruitment needs. Due to the high level of applications being received if you do not hear from us within 5 working days, please assume your application has not been successful on this occasion, usually due to other candidates having more relevant sector exposure, qualifications or required skills. We thank you for your interest.