Revenue Accountant (12m FTC)
Posted 3 days ago by McCann London
Negotiable
Undetermined
Hybrid
London, England, United Kingdom
Summary: The Revenue Accountant / Client Finance Executive role at McCann Worldgroup involves supporting the financial management of client accounts across various agencies. The position focuses on preparing and analyzing financial data, ensuring accurate billing, and providing insights to enhance client project profitability. The role requires collaboration with account managers and project teams to maintain effective financial oversight. This is a 12-month fixed-term contract based in London with hybrid working arrangements.
Key Responsibilities:
- Responsible for a large portfolio of clients, including intercompany and international clients.
- Approve job creation in the accounting system (SAP Vantage), manage job life cycle, and close jobs in a timely manner.
- Approve job system (SAP) estimates with supporting documentation.
- Post soft costs to clear WIP.
- Conduct weekly review of the WIP and job details reports.
- Identify and prepare write-off forms and requests for cost transfers with account leads.
- Issue and distribute Client and Intercompany invoices to client portal/email and file documentation.
- Conduct monthly review of the accrual/deferred revenue balance and minimize revenue accruals.
- Close jobs within 3 months of completion.
- Provide commentary on monthly aged WIP and Debtors report.
- Support resolution of invoice-related client queries upon request.
- Assist Head of Client Finance in running monthly revenue recognition process (including ETCs preparation, Vantage contract creation, and Vantage SoW creation and allocation).
- Train team members from different areas of the business as requested.
- Manage debtor accounts for prescribed clients ensuring timely collection of monies and resolution of queries.
Key Skills:
- Previous experience in finance or accounting, ideally in a similar role.
- ACCA/CIMA qualified or working towards qualification.
- Proficiency in Microsoft Excel.
- Strong analytical and problem-solving skills.
- Excellent attention to detail and organizational abilities.
- Effective communication and teamwork skills.
- Ability to work in a fast-paced and dynamic environment.
- Previous experience within the Advertising industry is strongly preferred.
- Vantage (SAP) knowledge is desirable but not essential.
Salary (Rate): undetermined
City: London
Country: United Kingdom
Working Arrangements: hybrid
IR35 Status: undetermined
Seniority Level: undetermined
Industry: Other
Job Description Revenue Accountant / Client Finance Executive - 12 Month Fixed Term Contract
Location: London (Hybrid working)
About Us... McCann Worldgroup, part of the Interpublic Group (NYSE: IPG), is one of the world's largest marketing communications networks. McCann Worldgroup’s operations are united across 20,000+ employees in 120 countries by a single mission: to help brands play a meaningful role in people’s lives. This commitment focuses on creating work that earns a role in people’s lives by being interesting, evocative, and useful. It’s powerful and effective creativity that helps clients grow their brands and businesses. To achieve this, Worldgroup today spans - and integrates - a broad range of specialty marketing agencies, including McCann (the world leading advertising agency, building brand platforms that last, powered by the creative philosophy “Truth Well Told”), MRM (helping businesses grow meaningful relationships to people at the intersection of strategy, creativity, technology and data sciences), CRAFT (global production unit) and FUTURE BRAND (delivering positive brand-led business transformation)
Job Overview
The Revenue Accountant / Client Finance Executive supports the financial management of client accounts within the 4 power brands agencies (McCann, Craft, MRM, Future Brand). This role is responsible for assisting in the preparation and analysis of client financial data, ensuring accurate billing and invoicing, and providing financial insights to support client projects. The Client Finance Executive will work closely with the Head of Client Finance, account managers, and project teams to ensure effective financial management and optimal profitability of client engagements.
Key Responsibilities
- Responsible for a large portfolio of clients, including intercompany and international clients. For those specific clients, tasks would include:
- Responsible for approving job creation in the accounting system (SAP Vantage), managing job life cycle and closing jobs in a timely manner
- Responsible for approving job system (SAP) estimates with supporting documentation
- Responsible for posting soft costs to clear WIP
- Responsible for weekly review of the WIP and job details reports
- Identify and prepare, with account leads, write off forms and requests for cost transfers
- Issue and distriute Client and Intercompany invoices to client portal / email and file documentation
- Responsible for monthly review of the accrual / deferred revenue balance and ensuring revenue accruals are kept to a minimum
- Close jobs within 3 monhts of completion
- Responsible for providing commentary on monthly aged WIP and Debtors report
- Support resolution of invoice related client queries upon request
- Support Head of Client Finance in running monthly revenue recognition process (including ETCs preparation, Vantage contract creation and Vantage SoW creation and allocation).
- Train when requested tem members from different areas of the business such as project management, account management, and/or Finance
- Managed the debtor accounts for prescribed clients ensuring that monies are collected as prescribed in client agreements and queries are resolved, in conjunction with relevant internal teams, in a timely fashion.
Minimum Requirements
Required behaviours and competencies
- Previous experience in finance or accounting, ideally in a similar role.
- ACCA/CIMA qualified or working towards qualification
- Proficiency in Microsoft Excel
- Strong analytical and problem-solving skills.
- Excellent attention to detail and organisational abilities.
- Effective communication and teamwork skills.
- Ability to work in a fast-paced and dynamic environment.
Nice To Have
- Previous experience within the Advertising industry is strongly preferred, ideally within a network
- Vantage (SAP) knowledge is desirable but not essential.
McCann Worldgroup is an Equal Employment Opportunity (EEO) employer. We embrace diversity in all its form. We provide equal employment opportunities to all qualified applicants without regard to race, colour, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information. We are proud to be a Disability Confident employer, and as part of this commitment, will guarantee an interview to any disabled person meeting the minimum requirements above. If you have a disability, please let us know what adjustments you may need to the recruitment process via laura.hewes@mcann.com to perform your best.
LI-HYBRID
LI-LH1