EssenceMediacom
Management Accountant – Client Finance
Overview of role
The primary responsibilities of the Management Accountant will be supporting the business client operations and provision of key financial information to the business. They will be integral to Essencemediacom’s revenue forecasting process and manage revenue streams outside of core media income. The role also involves monitoring profitability and people utilisation, at the client and departmental level. To be successful, the management accountant must engage and collaborate with other teams within the wider departments and with various parts of the company, often at different levels of seniority.
Reporting of the role
You will report to the Client Finance Manager.
The 3 best things about the job
1. You will be part of the Finance Team within the largest media agency in the UK, providing you with an opportunity to grow and develop your career.
2. Opportunity to be a key finance contact for the business, being involved in the Billings and Income forecasting process from end to end.
3. Opportunities to improve processes and participate in various ad hoc projects with the senior finance team.
Measures of success
In three months, you would have:
* Become a key point of contact for Business Directors around the agency.
* An understanding of our billings and income forecasting tools and systems.
* An understanding of other revenue streams outside of core media revenue.
* Achieved a high level of collaboration and strong relationship development within the department.
In six months, you would have:
* Autonomously managed the end-to-end process of forecasting several clients.
* Developed processes to improve efficiency across management information.
* A good understanding of the clients you manage, and the remuneration structure for revenue reporting.
Responsibilities of the role
The key responsibilities of the role include:
* Provide financial information in a professional format to business stakeholders, aiding with management decisions and general engagement.
* Managing the revenue forecasting process for several clients, providing commentary and variance analysis on a regular basis.
* Manage the end-to-end process of revenue outside of our core media revenue (forecasting, billing & reporting on this).
* Continuously review current processes and make improvements to allow better control or improved efficiencies.
* Help oversee the assistant accountant within the team, working in collaboration with the Finance Manager.
* Manage our timesheet reporting process, with the aim of using this to assess the utilisation of people across the business, ultimately enabling the senior stakeholders to make informed decisions.
* Perform thorough profitability analysis at both client and departmental levels.
* Aid with goal setting and gap analysis for the business.
* Have a good understanding of the remuneration models of the clients you work with, ensuring these are being implemented correctly by performing regular reconciliations.
* Assist the senior finance team with ad-hoc requests.
What you will need
Desirable
* Experience working in the Media sector.
Essential
* Part qualified accountant (ACCA/CIMA).
* Ability to work independently and as part of a team.
* Organised with excellent attention to detail.
* Quick to learn and adaptable to changing work allocation, able to prioritise workload to meet challenging deadlines.
* Strong analytical and reconciliation skills.
* Strong communication & relationship-building skills in both the GroupM Finance team and in the EssenceMediacom business.
* Intermediate / Advanced level of Excel.
* Enthusiastic with a “can do” attitude.
About EssenceMediacom
We are a global communications agency leading with breakthrough thinking, building explosive growth for brands, and helping our clients see the bigger picture. Our daring global network of 10,000 influencers helps our clients breach traditional boundaries in media, uncover novel ideas, and unleash exponential growth. EssenceMediacom challenges conventional thinking to build, propel, and supercharge our clients’ businesses at scale and lead our industry in critical areas such as diversity, equity, inclusion, and sustainability.
EssenceMediacom understands that our people are tasked with big goals: building breakthrough growth for brands and leading with breakthrough thinking in our industry. Our people are at the heart of this work because their ideas will enable us to decode the intersections of people, content, and technology to bring our aspirations to life. Our success is down to our eclectic, diverse, and talented people. EssenceMediacom is a place for us to grow our careers and expand our horizons. EssenceMediacom is committed to building an agency culture that supports our people, puts diversity at the forefront of our operations, and creates opportunity for all. This collective culture will be our “new power” where ideas are freely exchanged, and collaboration is actively encouraged in a place where you can innovate in our hyperconnected world.
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