Financial Controller

@UKPLC Company Registrations; London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading company specializing in fashion finance is seeking an experienced finance manager. Responsibilities include overseeing the UK's finance and accounting functions, managing a team, and ensuring compliance with regulations. Ideal candidates will have a strong background in accounting from reputable firms and experience with SAP.

Qualifications

• Established professional experience in accounting.
• Experience managing teams and participation in month-end close procedures.
• Knowledge of financial regulations and tax reporting in the UK.

Responsibilities

• Manage the UK accounting team and oversee client accounting and billing processes.
• Ensure compliance with local regulations and monitor accounting controls.
• Prepare and analyze monthly financial results and forecasts.

Skills

Accounting skills

Management experience

Fluent in English

Problem-solving skills

Education

Bachelor's degree in accounting

Accounting qualification or equivalent

Tools

SAP

Excel

Job description

What You'll Do

• Responsible for all aspects of Finance, Accounting and Tax functions for WME Fashion businesses (IMG Models, The Wall Group and Art + Commerce) based in London.
• Manage the Fashion UK accounting team whose main responsibilities are:
• Client accounting
• Billing and Credit Control
• Account Payables
• Management reporting
• Providing coaching and support to the team
• Ensure compliance with local regulations and company policies.
• Implementing, documenting, and monitoring accounting controls.
• Weekly prepare Cash Forecast (collections and disbursements) for WME Fashion businesses based in London
• Month end close management, including:
• Preparation of journal entries in SAP for accounting adjustments as required
• Monthly analysis of actual results to budget. Preparation of gap analysis
• Ensuring that detailed balance sheet reconciliations are prepared monthly. Supervising regular clear down of balance sheet accounting entries
• Monitoring accounts receivable positions, driving collections and assessing risk
• Responsible for reconciliations between CRM and SAP system interfaces. Identifying and resolving any differences
• Review and preparation of variance/analytics across WME Fashion businesses in London
• Main point of contact for questions on taxation matters relating to the WME Fashion businesses in London
• Providing operations support across legal, business and HR
• Prepare budget and regular forecasting of P&L and cashflow for the Fashion business. Provide detailed explanations to VP, Finance Director and SVP, Finance Director for approval. Drive stimulus to ensure that the business adheres to budgets.
• Establish a close working relationship with Senior Management and the WME Fashion agency team. Identify and support their needs and seek full range of business solutions as necessary.
• Evaluate and advise on the impact of long-range planning, introduction of new initiatives, strategies, and any regulatory requirements.
• Liaise with external auditors and consultants as necessary in relation to the WME Fashion London businesses.
• Assess the current finance structure to improve segregation of duties and efficiencies in key finance cycles.
• Work closely with Corporate (based in US and UK), providing support on UK company-wide issues e.g.:
• Standardize and document policies and processes in line with companywide objectives to implement control improvements
• Work with outsourcing partner (WNS) to ensure timely and accurate processing for O2C, P2P and R2R, where applicable
• Ensure CRM systems across the WME Fashion businesses are compliant, working with the development teams to make recommendations and participate in user testing
• Other duties, ad-hoc reporting, due diligence assistance and analysis as assigned
  
  

You Have These

• Established professional experience in accounting; preferably background in Big 4 or equivalent firms
• Accounting qualification or equivalent, bachelor’s degree in accounting
• Strong accounting skills: management experience of AP, AR, inter-company processes, month end close procedures
• Experience of legal, financial and tax and payroll reporting and regulations in UK
• Knowledge of SAP or other equivalent ERP systems
• Experience of managing a team
• Fluency in English, both spoken and written
• Strong written, verbal communication, and reporting skills
• US GAAP experience
• Self-motivated with ability to lead and teach others
• Strong problem-solving skills and ability to develop multiple solutions
• Excellent proficiency in Excel
  
  

Working Conditions

Perm, London The Strand

Mon-Fri, 9:30am-6pm