Finance Manager – Media Production Business

Role: Finance Manager – Media Production Business
Location: London (hybrid working) - Permanent
The Role: This role is working for an independent global entertainment business that is going through some exciting growth and an exciting strategy for the future. They are hiring for an exciting Finance Manager opportunity reporting directly to the Finance Director. You will be a core member of the wider finance team and play a key part in supporting and strengthening the Finance and Accounting function. You will have ownership of the monthly close process, reporting and forecasting and oversight of day-to-day accounting and finance operations of the licensing division. There is also a clear path for progression and a great opportunity to move into a managerial role within the team plus excellent salary, bonus, and benefits.
Role and Responsibilities:
* Own and perform monthly close procedures and maintain adequate accounting records.
* Full responsibility to prepare Monthly/Quarterly P&L and Balance sheet, analysis and commentary.
* Review, analyze and reconcile data to ensure the accuracy of the company’s financial reporting.
* Responsible for revenue recognition and related cost of sales transactions.
* Liaising with AR to issue invoices and monitoring minimum guarantees, advances and royalties
* Prepare cash flow forecast and analysis for the global licensing business.
* Prepare quarterly forecasts and annual budgets in line with corporate FP&A timetables and working in conjunction with global sales executives.
* Ownership of long-range plan for the business unit.
* Report monthly dashboard / results / KPI in a timely manner to corporate FP&A team
* Collation of budgets and forecasts/reforecast across the rights and K&F Production Businesses
* Prepare UK monthly cash request to be submitted to corporate
* Liaising with royalty team and preparing agent reporting
* Prepare quarterly VAT submission
* Liaise with Hong Kong audit team for annual subsidiary audit
* Review expense reports with office manager
* Liaising with commercial, corporate, legal teams in NY, Toronto and UK.
* Responsible for marketing and tradeshow lines in Rights business P&L
* Prepare overheads for forecasting and budgeting across rights and K&F Production Business
Candidate Requirements:
* Minimum 1-2 years PQE (ACCA, CIMA)
* Strong Microsoft excel skills – vlookups, pivot tables
* Prior experience with ERP and FP&A/management reporting software and rights management database software is a plus (e.g. Netsuite, Workday Adaptive, Rightsline)
* Prior experience dealing with a global head office/parent advantageous and dealing with multi currencies
* Familiarity with tax withholding practices
* Proven capacity to contribute positively to team work
* Excellent communication skills, oral and written as direct communication with clients and liaising with finance team in Canada.
* Experience with IFRS accounting
* Previous experience in distribution, television or other entertainment media is an advantage.
Company Information
Wayman Finance is a specialist recruitment agency with over 20 years’ experience within the Finance field. We’ve worked hard to establish our reputation with our clients as one of the most reliable Finance and Accounting agencies in London through our core values of honesty and customer excellence.
Application
To be considered for this Finance Manager position please forward a CV as soon as possible