Assistant Financial Controller

Department Corporate Finance – Media

Main Purpose of Job

Provide assistance to the Senior Director – Finance in relation to the co-ordination, recording, and reporting of all financial activities for IMG Media Ltd, and be responsible for all financial activities relating to the three smaller entities in the UK (Seven League Ltd, Cingularity Ltd, IMG Sports Media Scotland). In addition, assist with IMG’s broader  group reporting requirements, internal controls, and budgeting, and support the annual group and statutory audit process.

Reports To Senior Director – Finance Media

Direct Reports One

Hours of Work Monday to Friday 9am – 5pm

Contract Type / Length Permanent

Location Chiswick Park, London

Key Responsibilities

Financial reporting & Analysis:

• Managing all aspects of the general ledger and ensuring accounting practices are in compliance with company’s policies
• Ability to lead, direct & guide the team, including necessary training and supervision to achieve the collective and individual goals.
• Play a vital role with period-end accounting and timely group reporting across IMG Commercial entities in the UK, including various quarterly reporting packs, Transfer Pricing calculations/estimates, and tax submissions.
• Responsible for timely and accurate submission of balance sheet reconciliations for those entities.
• Contribute to the effective operations of Media control environment, where applicable.
• Assist in drafting technical accounting work-papers
• Responsible for the preparation of financial statements in compliance with official guidelines and requirements for IMG Commercial entities in the UK
• Play a lead role for statutory audit for the UK IMG Commercial entities and assist with the group annual audit
• Ensure timely submission of other reporting requirements including CT, VAT/GDST, PAYE.
• Point of contact for the offshore shared service team (WNS) for activities related to those entities.
• Ensure HR related expenses are reviewed and recorded correctly, including payroll, P11d, PSA, Health insurance.
• Responsible for IMG’s quarterly Withholding tax process, entity balance sheet net downs, SNTV (JV) Equity income calculations, and identifying and estimating Onerous provisions for loss making contracts.
• Assist with entity cash flow forecasting.
• Ad-hoc project work as required

Other:

• You may also be required to carry out any other duties which are within the scope and purpose of the job.

Unusual Challenges or Circumstances   e.g. shift(s)/ unsocial hours/ travel etc

• May be required to work additional hours as necessary (especially during reporting deadlines)

PERSON SPECIFICATION

Knowledge and Experience

Mandatory 

• Proven 3-4 experience as assistant financial controller or other similar position
• Solid knowledge of UK GAAP (FRS 102/101) and regulations
• Knowledge or exposure to US GAAP/IFRS
• Knowledge or exposure to SOX controls/environment
• Excellent knowledge of accounting and financial processes (financial closure, reporting etc.)
• Confident and flexible team player with the ability to work with commercial staff across the organization

Desirable

• Previous team management experience
• Hands on experience of working within the media or sports rights industry
• Experience of working in a worldwide group
• Experience in using SAP accounting system
• Experience in using OneSource Tax Provision system

Skills and Abilities

Mandatory 

• Must be able to plan and organise work to meet deadlines and determine priorities.
• Must be able to work on own initiative to identify problem areas and work through to a satisfactory conclusion
• Good Excel skills
• Very good communication and interpersonal skills

Qualifications and Training

Mandatory 

• Qualified Accountant– ACA / CIMA / ACCA or equivalent

Aptitude

Mandatory 

• Must be able to work calmly under pressure and work as part of a team to achieve results
• Proactive and self-motivated with excellent communication and organisational skills
• Strong analytical and problem solving skills; and
• A “finisher” with the genuine drive and commitment to deliver against objectives at all times
• A strong interest in Sports

Desirable

• A strong interest in Media