Events Management Accountant

TN United Kingdom; London; On-site; GBP 35,000 - 50,000; Full time

Job summary

A leading company in the art sector is seeking an Events Management Accountant to manage financial matters across its UK and US entities. This role involves overseeing accounts, managing AP/AR processes, and supporting financial reporting. Ideal candidates will have 1-2 years of management accounting experience and strong attention to detail, with opportunities for exposure to international finance operations.

Qualifications

• 1-2 years’ experience in management accounting.
• Experience managing AP/AR processes is advantageous.
• Experience with small business accounts is a plus.

Responsibilities

• Oversee accounts for Frieze's UK and US entities, including AP/AR processes.
• Assist in budgeting, forecasting, variance analysis, and KPI reporting.
• Complete UK VAT and US Sales Tax returns.

Skills

Attention to detail

Excellent communication

Time management

Teamwork

Education

Relevant accountancy qualification or progress towards one

Job description

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Who We Are:

Frieze is the world’s leading platform for modern and contemporary art, dedicated to artists, galleries, collectors, and art lovers. It includes three magazines – frieze, Frieze Masters Magazine, and Frieze Week – and five international art fairs – Frieze London, Frieze Masters, Frieze New York, Frieze Los Angeles, and Frieze Seoul. In October 2021, Frieze launched No.9 Cork Street, a permanent space for international galleries in Mayfair, London. Frieze is part of the IMG network. Endeavor is a global sports and entertainment company with various subsidiaries, including WME, IMG, On Location, 160over90, IMG ARENA, and OpenBet, owning TKO Group Holdings (NYSE: TKO), which includes UFC and WWE.

Background

The Frieze business comprises:

Events: Six contemporary art fairs under three brands (Frieze London, New York, Seoul, Los Angeles, The Armory Show, Expo Chicago) and one non-contemporary art fair, Frieze Masters (London).

Media: Includes Frieze Magazine (since 1991), Frieze Week titles, and a digital business with Frieze.com and Frieze Studios.

Membership: A program consolidating media and events offerings across tiers like Frieze 91, In Person, In Print, and In Depth.

Cork Street: A permanent gallery and event space in Mayfair for exhibitions and activations.

Offices are located in London, New York, Chicago, Seoul, and Berlin.

Job Purpose

The finance team manages all financial matters across the Frieze group in London, New York, and Berlin. As an Events Management Accountant, you will oversee accounts for Frieze's UK and US entities, including AP/AR processes, and partner with departments to ensure accurate and timely management information. You will support the Finance Manager with management information, VAT returns, and group reporting, gaining exposure to international finance operations.

Duties & Responsibilities

1. Management accounts:

• Year-end, quarter-end, and monthly closes following US GAAP and policies, reviewing profit & loss and balance sheets for each fair.
• Assist in budgeting, forecasting, variance analysis, and KPI reporting.
• Review and reconcile budgets, ensuring revenue and profit accuracy.
• Ensure proper revenue recognition and balance sheet classification.

2. Management of accounting functions:

• Manage AP/AR processes, invoicing, collections, ledger management, payment runs, and cash flow, including bank reconciliations.
• Oversee expense processing, coding, tax treatment, and timely payments.

3. External Reporting

• Complete UK VAT and US Sales Tax returns.
• Prepare group reporting templates as needed.

4. General Finance Support

• Assist with ad hoc tasks, support team members during absences, and work on-site at art fairs to support finance functions.
• Support statutory audits as required.

Required Experience

• 1-2 years’ experience in management accounting, owning P&L and balance sheet for a business unit.
• Experience managing AP/AR processes is advantageous.
• Relevant accountancy qualification or progress towards one is preferred but not essential.
• Experience with small business accounts is a plus.

Required Competencies

• Attention to detail, excellent communication, initiative, time management, diligence, integrity, teamwork, adaptability, and eagerness to learn.