Condé Nast is a global media company producing the highest quality content with a footprint of more than 1 billion consumers in 32 territories through print, digital, video and social platforms. The company's portfolio includes many of the world's most respected and influential media properties including Vogue, Vanity Fair, Glamour, Self, GQ, The New Yorker, Condé Nast Traveler/Traveller, Allure, AD, Bon Appétit and Wired, among others.
Job Description
Location: London, GB
Condé Nast is a global media company, home to iconic brands including Vogue, GQ, Glamour, AD, Vanity Fair and Wired, among many others. Our award-winning content reaches 84 million consumers in print, 367 million in digital and 379 million across social platforms, and generates more than 1 billion video views each month.
We are headquartered in London and New York, and operate in 31 markets worldwide, including China, France, Germany, India, Italy, Japan, Mexico & Latin America, Spain, Taiwan, the U.K. and the U.S., with local licence partners across the globe.
Management:
* Overall responsibility of UK Market Controlling function activities, working closely with Corporate Finance, FP&A, Commercial Controlling Ops.
* Line management responsibility for market Controlling function (incl. OTC and Financial Reporting team); manage and lead the local Controllership team to meet both Global and local objectives and goals as well as develop the team.
* Oversight and support of Bangalore team (dotted line) to resolve queries and ensure timely MEC.
* Participate with the Global Controlling team to share opportunities to standardise and enhance service delivery wherever they are delivered.
* Liaison with Heads of Department and commercial teams to support FCF target and maintain lean AR Aging profile.
* Creation and production of account receivable and payable management reports.
* Maintain and manage the for establishing and communicating expense reimbursement.
* Manage the OTC Team with specific cash collection, including with 3rd party collection agencies where appropriate.
* Manage and supervise tax compliance, intercompany operations, transfer pricing policies, etc.
* Collaborate with the Treasury team and manage local Banking relationship.
Process Improvement:
* Monitor operational KPIs and service delivery, working collaboratively with the Senior Director of Controlling Operations and the Bangalore Controlling Ops team to ensure actions are taken to address key risks and identify opportunities for improvement across the team.
* Review the Balance Sheet reconciliation process performed by Controlling Operations team, assessing the quality of reconciliations, contributing to action plans to address unreconciled items and providing approvals for agreed Low or Medium priority reconciliations.
* Drive initiatives to improve Free Cash Flow and take ownership of the cash flow forecasts, contributing to the development of opportunities in the market and influencing stakeholders to support the achievement of cash flow targets. Identifying and implementing improvements to the balance sheet and cashflow forecasting and reporting processes.
* Provide input on the definition of reporting standards, policies, processes and internal controls with stakeholders including Controlling Operations and Corporate Finance, Tax and Treasury.
* Input to any Global and Market specific projects that are assigned, helping to ensuring projects are successfully delivered and embedded in the organisation.
* Support the Bangalore Controlling Ops team to identify and implement opportunities to enhance and standardize processes and, technology, including taking part in initiatives that will lead to being able to retire legacy applications by moving to our global process and systems.
* Provide inputs and guidance to the Bangalore Finance team to ensure that activities are performed in a timely and accurate manner.
What benefits do we offer?
* 25 days holiday and extra days of annual leave for life events
* Core hours
* Competitive pension scheme
* Bupa Private Healthcare
* Enhanced maternity leave and family leave
* Season ticket loans
* Cycle to work scheme
* Employee Assistance programme
* Bring your dog to work
* A wide variety of wellness benefits including gym discounts
* Discounts and Magazine Subscriptions
* Employee Resource Groups to provide a platform for employees to identify shared objectives, exchange ideas, and work on community priorities for our global workforce
* Condé Nast Learning Hub where you'll find all Condé Nast-developed learning courses and training, and over 16,000+ courses in seven local languages
What happens next?
If you are interested in this opportunity, please apply below, and we will review your application as soon as possible. You can update your resume or upload a cover letter at any time by accessing your candidate profile.
Condé Nast is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, age, familial status and other legally protected characteristics.
The Role
Reporting to the Executive Director, EMEA Controller, based in the London (UK) office, the Senior Director, UK Financial Controller will have complete ownership and responsibility for the delivery of the Controllership activities within the UK Market. The UK Financial Controller will lead and own the month end close process, as reported under US GAAP, as well as compliance with lUK GAAP (FRS102) for statutory and regulatory reporting requirements and will be a key part of the local finance leadership team; the UK Financial Controller is expected to drive results and implement process improvements across the finance processes including strong management of the balance sheet. The UK Financial Controller will be required to build strong relationships across Finance (including FP&A and Finance Business Partnering) as well as collaborate with the Controlling Ops Team.
What will you be doing?
Financial Reporting & Compliance & Accounting:
* Support the EMEA Controller in preparation and coordination of Month-end-close (MEC) for purposes of management accounts including variance analysis.
* Review monthly profit & loss, balance sheet, and related key balance sheet reconciliations.
* Monitor agreed Controlling activities to ensure they are delivered according to country regulatory reporting requirements and according to CN Global standard processes, policies and controls (including US GAAP)
* Review of statutory financial statements under UK GAAP (FRS 102), including UK Consolidated financial statements, and any associated regulatory filings, for Board approval.
* Responsible to support and execute the UK GAAP (FRS102) statutory audit process, including engaging with KPMG in order to secure the process, timelines and consistency of the audit process.
* Manage and support any (other) external audit engagements (e.g. VAT, Tax) and internal audits (GIA)
* Responsible to review and approve tax computations and VAT returns and liaising with tax advisors, as required.
* Review of the cash flow forecast including monthly variance analysis.
* Review and approve any Low / Medium value manual journals and any judgement based manual journals.
Who you are:
* Qualified accountant (CCAB, ACA, ACCA, CIMA) with PQE, ideally as a Financial Controller in a previous role.
* Technically strong and analytical finance professional; strong knowledge and expertise of both US GAAP for the purpose of month end close reporting as well as UK GAAP (FRS102) for statutory financial statements.
* Ability to manage and influence change and deal effectively with change management initiatives
* Strong understanding and practical experience in internal and external audit.
* Good working knowledge of direct and indirect tax including corporation tax, VAT and WHT.
* Practical and hands on experience implementing and/or monitoring internal control systems; internal Audit experience is highly desirable.
* Team worker and strong communication skills
* Focused on delivering, pushing projects forward
* Able to work under pressure and respect deadlines
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