Financial Controller
Simply360’s client, a leading global marketing and localization agency, dedicated to helping brands create meaningful connections with their audiences worldwide, has an opening for an experienced Financial Controller to join their growing team based in the heart of London. With over 2 decades of experience, they specialize in delivering culturally relevant content and campaigns that resonate across diverse markets. Their team of experts works with some of the world’s most recognized brands to ensure their messages are impactful, consistent, and effective across all languages and regions.
Responsibilities of the Financial Controller:
Financial Management
- Prepare consolidated management accounts on a monthly basis, including reports on client and job profitability and staff utilisation
- Responsibility for timely and accurate month end ‘Actuals’ reporting
- Manage revenue recognition for WIP management
- Budgeting, forecasting, monthly close revenue recognition and variance explanations
- Develop, maintain, and distribute ad-hoc reports and financial models as needed
- Provide proactive analytical support and other ad hoc financial analyses to the business leaders
- Responsibility for Aged Debtors and Aged Creditors management
- Regular review of financial plans and ongoing spend to look for cost reduction opportunities
- Supporting CFO with budget and quarterly forecast, e.g. forecast salaries and overheads
Commercial Management
- Manage client profitability by overseeing revenue, resources/costs, ensuring P&Ls are in line with the staffing agreements and agency goals.
- Partner with senior account leads on existing client contract renewals and new business pitches
- Ensure that all client billing, reconciliation and payment activities adhere with contract terms
- Work closely with the client teams to stay abreast of changes and modifications to client budgets
- Review client and supplier contracts with CFO
Regulatory & Audit
- Ensure all financial records (including balance sheet) and reporting are accurate
- Responsibility for balance sheet fully reconciled each month; unknown balances proactively investigated and resolved
- Ensuring all financial transactions are properly recorded, filed and reported accurately
- Assisting the provision of information to support external audits
- Lead the submission of audit information
- Management of quarterly VAT return – UK and Swiss
- Complying with all agency policies, procedures and relevant Statutory legislation.
- Work with company auditors to ensure accurate, and on time, submission of all legal and regulatory filings in relation to finance ( UK, US, Australia)
Cashflow Management
- Reporting cashflow weekly, and suggest improvements to cashflow template / process to improve accuracy and reduce time taken to complete
- Monitor cash flow, accounts, and foreign currency journal
- Approval of payment runs.
Payroll, Systems and Productivity
- The role holder is responsible for managing outsourced payroll and maintaining financial systems and tools
- Manage outsourced payroll provider and account manage this and any other finance suppliers, ensuring KPI’s including quality of service and costs are achieved. Act as day to day contact for business teams in relation to payroll queries
- Manage payroll monthly with HR, upload journal and prep P11d’s and PSA’s
- Manage US payroll every 2 weeks with payroll.
- Manage and improve financial systems and tools (currently Paprika), seeking to continually improve and develop financial processes in order to increase productivity
- Lead financial training across the business, ensuring compliance with and knowledge of all relevant systems and processes
- Oversee pension auto enrolment requirements
- Update and implement financial policies and procedures.
The skills and experience required of the Financial Controller:
- Qualified ACCA or CIMA Accountant with strong team management experience – Have a “can do” attitude and be proactive in seeking solutions and implementing change.
- Proven track record of high integrity work and demonstrated experience of managing conflicting demands.
- Strong technical and analytical skills, with the ability to investigate and understand variances and underlying reasons.
- Meticulous attention to detail and an inquiring mind for accurate financial reporting.
- Excellent interpersonal skills to confidently liaise with various departments and stakeholders.
- Experience in working in PR or Advertising, Marketing or Media.
- Paprika Experience
The role is a hybrid role with 3 office days and 2 days working from home.
If this sounds like you then please send us your CV now!
Due to the high volume of applications, only successful candidates will be contacted.