Full-Time

Group Senior Technical Accounting Manager

Posted on 8/13/2024

WPP

WPP

10,001+ employees

Global marketing and communications services provider

Consulting
Social Impact

Senior, Expert

London, UK

Based at London HQ.

Category
Cost Accounting
Financial Accounting
Tax Accounting
Accounting
Requirements
  • Qualified Accountant either in practice or in industry, having held a technical accounting position.
  • Experience of working with a large multinational company, ideally with UK & US listing exposure.
  • A good working knowledge of IFRS, SOX and internal control frameworks.
  • Knowledge of SEC regulations & requirements
  • Analytical skills to research materials to determine appropriate accounting treatments to workplace scenarios.
  • Great communication skills to summarise and explain complex matters succinctly.
  • Self-motivated to provide timely and high-quality services for stakeholders’ ad-hoc requests whilst managing priorities to ensure the completion of other longer-term deliverables.
  • Proven ability to build effective working relationships with senior stakeholders with the self-confidence to support accounting conclusions when challenged by stakeholders or advisers.
  • Committed to challenging existing processes to provide continuous improvement and development of Group’s accounting policies and processes.
  • Proficient Microsoft office and IT skills with ability to work with complex models.
Responsibilities
  • Monitor existing and new accounting and regulatory policies to ensure that the Group complies with all relevant accounting standards (IFRS) and regulations.
  • Compile literature and communicate changes to accounting policies and practice to relevant stakeholders on a timely basis.
  • Review the accounting treatment for significant new/modified contracts and projects to ensure they are compliant with accounting standards.
  • Compose technical summary papers for complex accounting transactions or business issues, provide and present research and analysis to ensure the impact on the Group financial statements is compliant with accounting standards and regulations and is communicated to and fully understood by all relevant stakeholders.
  • Ensure that accounting policies are applied consistently throughout the Group, liaising with operating companies and providing assistance where required.
  • Work in partnership with other departments (tax, treasury, legal, M&A) and operating companies to consider and advise on new or complex accounting scenarios to support decision making.
  • Promote the Group Technical Accounting team through the creation and delivery of clear and useful training and accounting updates across the Group.
  • Support the Group Reporting team in ensuring that periodic reporting they undertake is accurate, timely and complies with all relevant accounting standards and regulations.
  • Review the Group’s financial statements and provide technical accounting input where required.
  • Provide information, support, and liaise with external auditors and advisors.

WPP operates in the marketing and communications industry, providing a variety of services such as branding, digital marketing, media planning, market research, public relations, and business transformation. Their approach integrates creativity with data and technology, helping clients build strong brands and engage effectively with their audiences. WPP stands out from competitors by focusing on innovation and sustainability, participating in global initiatives like the United Nations Climate Change Conference, and producing thought leadership content like the Atticus Journal. The company's goal is to be a strategic partner for businesses, aiding them in navigating the complexities of modern marketing and achieving their objectives.

Company Stage

IPO

Total Funding

N/A

Headquarters

London, United Kingdom

Founded

2015

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Simplify's Take

What believers are saying

  • Increased focus on AI-driven marketing solutions enhances WPP's service offerings and client engagement.
  • Strategic partnerships with music industry leaders provide unique marketing opportunities and vast music access.
  • Winning the 'Omnichannel Excellence Award' highlights GroupM's leadership in integrated marketing solutions.

What critics are saying

  • Increased competition from Publicis, gaining market share and outperforming WPP in certain areas.
  • Potential over-reliance on strategic partnerships may limit WPP's flexibility and independence.
  • Challenges in effectively integrating AI into operations indicate potential gaps in current capabilities.

What makes WPP unique

  • WPP excels in creative transformation, combining creativity with data and technology.
  • The company is a leader in sustainability, participating in global initiatives like the UN Climate Change Conference.
  • WPP's strategic partnerships, such as with Universal Music Group, enhance its unique market offerings.

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