Assistant Management Accountant

WHO WE ARE

We are IPG Mediabrands, a new world agency group designed with dynamic marketing at its core. We are 10,000 marketing communication, media and technology specialists in over 130 countries. We are a diverse group of innovators, technologists, designers, scientists, musicians, strategists, buyers, thinkers, planners and mathematicians that are committed to building new solutions for the world’s top brands.

The IPG Mediabrands umbrella includes agencies such as UM, Initiative & Kinesso

Network and its roster of speciality services including  Orion,  Rapport, MAGNA, plus many others. In EMEA we manage and invest over £3 billion for some of the largest companies and employ over 3,400 people across EMEA.

We are dynamic, empowered and entrepreneurial.

We pride ourselves in being an equal opportunities employer and diversity and inclusion is at the heart of what we believe in. IPG Mediabrands are committed to increasing the diversity of our workforce and welcome applications regardless of gender identity, race, sexual orientation, disability, age, religion or belief.

ABOUT THE ROLE

The role will support the team in the financial management of Kinesso UK, a trading division of Mediabrands UK Ltd, reporting into the Reporting Manager. The job will require you to work closely with the rest of the Reporting Finance team and the Commercial Finance team, ensuring the smooth running of the agencies finances.

The Finance team consists of 70 permanent staff headed up by the EMEA CFO. The department adds value to the agencies within Mediabrands by providing operational support and best practice.

The Assistant Management Accountant shall contribute towards the monthly financial reporting of Kinesso UK, a trading division of Mediabrands Limited in a fast paced, dynamic environment from the initial coding of costs through to post reporting analysis.

KEY TASKS AND RESPONSIBILITIES

• Preparing monthly Management Accounts to review including writing variance analysis.
• Reporting timely and accurate results to central finance teams and regional controller teams.
• Working closely with the rest of the Reporting Finance team to ensure consistency and ability to cover and collaborate to meet tight deadlines.
• Ensuring client revenue is accurately recognised in line with IPG policy and updated in SAP.
• Responsible for monitoring aged client WIP balances and working with the billing and account teams to resolve old items.
• Responsible for some intercompany recharges – ensuring they are maintained and processed in line with agreed figures.
• Creating and posting journals.
• Working closely with the Commercial Finance team to understand variances to forecast.
• Providing ad hoc analysis as required, and support with running ad-hoc projects to streamline and enhance financial reporting.
• Identifying and implementing process improvements to increase efficiencies within the team.
• Completing schedules in Hyperion at Month End.
• Responding to queries from senior management, controllers, non-finance employees and auditors.

ABOUT YOU

• Interested in developing knowledge of Accountancy
• Confident communication skills
• Analytical and problem-solving skills
• Strong organisational skills and ability to prioritise tasks
• Intermediate to advanced Excel skills
• Ability to work well under pressure, working accurately with attention to detail, and meeting deadlines
• Desire to work in Finance within a Media Agency
• Ability to be flexible and “hit the ground running”
• Team Player