Back to Job Search

Management Accountant -Television

  • Location: London
  • Salary: £45000 - £60000 per annum
  • Job Type:Contract

Posted 8 months ago

  • Sector: finance
  • Type: hybrid
  • Contact: Mike Foster
  • Contact Email:
  • Duration: 4 months
  • Start Date: ASAP
  • Expiry Date: 15 December 2023
  • Job Ref: BBBH108431

Management Accountant

The main function of this role is to manage, from a financial point of view, a portfolio of business units across the clients Productions comprising of TV Production and Post Production.

The main elements of the role are to:

  • Manage and produce monthly management accounts, all forecasts, budgets and 3 year plans with appropriate analytics and to agreed deadlines
  • Business partner with divisional management
  • Provide analysis and commercial insight to the Finance Director and divisional heads of the business units to aid decision making

I need an individual who is comfortable working in a fast-paced environment and assisting in providing analysis to business managers to aid decision making.

Management accounts and reporting

  • Responsibility for the preparation of management accounts and quarterly reporting documents within deadlines agreed with Financial Controller
  • Preparation and/or review of month end journals, accruals, prepayments etc.
  • Preparation of balance sheet reconciliations
  • Review monthly deliveries and revenue, contribution and margin calculations
  • Variance analysis and commentary of actual performance against budget/forecast
  • Prepare and distribute monthly commercial analysis for divisional heads
  • Scrutiny and review of recharged central costs and related variance analysis prepared by group finance, on a monthly basis
  • Have knowledge of major contracts and ensure that they are run in accordance with the contract and within budget
  • Preparation of broadcaster cost reporting where required
  • Manage, forecast and account for all secondary income streams, third party shares and royalties
  • Manage and provide direction on the TV and Post Production pipelines
  • Be across the financial and audit elements of all TV Production contracts
  • Responsibility for ensuring the Financial Controller and divisional heads are kept appraised of all significant variances and issues
  • Ability to clearly talk the CFOO and divisional heads of the business areas through the accounts and answer questions
  • Liaison with the statutory auditors on an annual basis, including provision of all necessary information

Business Support/Other

  • Preparation of detailed annual budgets, 3 year plans and detailed quarterly forecasting within deadlines agreed with group finance and the Financial Controller
  • Manage accrued income ensuring revenue is billed promptly
  • Liaise with credit control manager and PMs to ensure billings are done in a timely manager and paid promptly, assisting where required to resolve queries
  • Ensure credit card reconciliations are completed
  • Work closely with Financial Controller on ERP System project
  • Build and maintain relationships with divisional heads
  • Work closely with Financial Controller and Head of Production to establish and improve financial controls
  • Revenue and cost analysis required to understand the business in more detail and make improvements, such as how to reduce costs, and improve margin and contribution
  • Analysis as required for new business proposals
  • Other process, workpaper and report improvements as required

What do you need?

  • Ability to work effectively under pressure
  • High attention to detail and thoroughness of approach
  • Open minded and solutions orientated
  • Qualified or newly qualified ACA/ACCA/CIMA qualification (or equivalent)
  • Experience in management accounts essential
  • Working in a media environment would be preferred

Handle Recruitment is acting as an Employment Business in relation to this vacancy.