25 Oct
Time Out Group
London
Job description
Senior Finance Manager - 6 Month FTC
Location : London
Department : Finance
Reporting to : Divisional Controller, Media
About the role
The Senior Finance Manager will have 2 direct reports the UK Management Accountant and the AP / AR Controller. The team look after the full UK Media P&L;, balance sheets, payroll posting and group intercompany balances.
The role will also have a key role in improving the accounting control environment across the global media division, assisting the FP&A; process and developing successful partnerships with key stakeholder teams in the business.
Main duties and responsibilities
UK profit and loss accounts
Full P&L; responsibility for the UK,
including preparation of the monthly close file with variance explanations.
Presenting monthly P&L; results to Media Finance Director & UK MD.
Posting monthly revenue journals and reconciling revenue recognition tools during the close process.
Ensuring Cost of Sales & Operating Expenses are accurate and accrual levels are set correctly.
Assisting the Finance Director in preparation of the annual budget and reforecasts.
Business partnering
For digital campaigns, business partnering with the UK Creative Solutions team to produce monthly campaign trackers, with a focus on gross profit margins.
On the cost side, working with the global functional leads for HR, Legal, Technology, Marketing & Content to track and analyse expenditure.
Presenting financial analysis to both financial and non-financial stakeholders. Allowing stakeholders to use this information to make informed decisions.
Group-wide process improvement
Identifying problems and opportunities for system and reporting improvements.
Researching and presenting potential solutions and implementing fixes through collaboration with the Finance Director and others, including overseas finance teams.
Implement, audit and maintain appropriate financial controls and processes to ensure good governance and risk mitigation including the management of the Group’s risk register and financial control requirements.
Balance Sheet
Ownership of the UK Balance sheet, ensuring monthly reconciliations are completed and signed off.
Ownership, monthly review and monitoring of the UK fixed assets and intangible asset registers.
Reviewing capex entries to ensure additions adhere to the Group capital expenditure policy and IFRS is followed.
Cashflow management
Preparation of the UK cash flow,
actualising receipts and payments on a weekly basis, and preparing a 3-month rolling forecast.
Review of the weekly UK pay-run prepared by the AP / AR Controller, and once committed, first stage bank approval.
Coordination of UK debt collection, working closely with the credit control team.
Ownership / Review of UK external reporting requirements
Plan and prepare, in conjunction with the Group finance team, the year-end and interim statutory financial statements.
Working with the external audit team, including, maintaining source documentation to ensure a smooth audit process.
Completion of the quarterly UK VAT return for the group.
Oversight of the timely completion of ONS returns.
Supporting the year-end tax reporting and any PSA compliance as necessary.
Ad hoc tasks as required & deputising when the Finance Director is unavailable.
Person Specification
Qualified in CIMA, ACCA, ACA, or equivalent.
Excellent people management and development skills.
Excellent written and verbal communication and presentation skills and ability to convey financial matters to non-financial stakeholders.
The ability to build effective working relationships with both internal and external partners.
Excellent attention to detail.
Pro-active, self-motivated and eager to acquire knowledge about the business.
Ability to work well under pressure, working accurately with attention to detail and able to meet deadlines.
The ability to demonstrate confidentiality and diplomacy at all times.
Advanced Excel skills,
a previous knowledge of a financial system.
Knowledge / experience of media and or technology business (desirable).
About our culture
At Time Out Group we believe in diversity and equal opportunity for all people. We do not discriminate against external or internal candidates on the basis of age;
disability; gender, gender reassignment; race; religion or belief; sexual orientation; marriage and civil partnership; pregnancy and maternity.
We believe that diversity develops creativity and enables personal and professional growth where we all learn from each other.
We believe in an open culture where ideas are shared candidly and where there is no fear of failure, but rather an understanding that we must experiment and have the freedom to succeed.
We believe that everyone has the right to express themselves as they are as this enriches us all. We believe in an open world, social justice, and the pursuit of happiness, after all, we are in the happiness business.
About Time Out Group plc
Through Time Out Media and Time Out Market we help our large audience go out in the world's greatest cities and connect global brands as well as local talents with this valuable audience.
Time Out Media ’s multiple digital and physical channels span websites, mobile, social media, video, audio and Live Events.
Across these channels, Time Out distributes its high-quality content curated and created by a global team of local expert journalists around the best food, drinks, culture, art, music, theatre,
travel and entertainment in 333 cities and 59 countries.
The Company is giving international, national and local brands and businesses the opportunity to connect with this global reach and strong traffic from a desirable audience by offering bespoke 360-degree multichannel advertising solutions.
Since its launch in 1968, Time Out has become a global brand that advertisers and consumers love and trust.
Time Out Market is the world's first editorially curated food and cultural market, leveraging the Time Out brand to bring the best of the city together under one roof : its best chefs, drinks and cultural experiences based on the editorial curation Time Out has always been known for.
The first Time Out Market opened in 2014 in Lisbon,
quickly turning into one of the most popular destinations in the city.
The success of Lisbon brought further expansion and the portfolio currently includes eight Markets :
in addition to Lisbon, there are sites in New York, Boston, Montreal, Chicago, Dubai, Cape Town and Porto. More Time Out Market locations are in the pipeline as the global expansion continues.
Time Out is headquartered in London (United Kingdom) and listed on London's AIM stock exchange, trading under the ticker symbol 'TMO'.
Time Out is a dynamic, pioneering brand and so is our team. We want to work with the best and brightest talent because we work for the world’s greatest cities, the people enjoying them and the businesses in them.
As a truly global team we get to collaborate with colleagues from New York to Paris, Cape Town and Sydney and beyond. It’s our expertise, authenticity and collaboration that make us successful and a unique team.
▶️ Senior Finance Manager - Fixed Term Contract
🖊️ Time Out Group
📍 London