Finance & Commercial
London,
England
Description
Position at GroupM
Job Description
Operating Company | GroupM |
Job Title | Financial Controller - Nexus |
Department / Team | GroupM Finance |
Reporting To | Senior Financial Controller - Nexus |
Location | Red Lion Square, London |
About GroupM GroupM is the world’s leading media investment company responsible for more than $45B (COMvergence) in annual media investment through agencies including Mindshare, MediaCom, Wavemaker, Essence and m/SIX, as well as the proprietary Programmatic and Advanced TV solutions business, GroupM Nexus (formerly Xaxis and Finecast). GroupM creates competitive advantage for advertisers via its worldwide organization of media experts who deliver powerful insights on consumers and media platforms, trading expertise, market leading brand-safe media, technology solutions, addressable TV, content, sports and more. Discover more about GroupM at www.groupm.com. |
About the team and/or client This role sits within the Nexus Reporting Finance team, reporting into the Senior Financial Controller. The role will work closely with the wider Nexus Finance and FP&A team, as well as the wider Group M central, EMEA and Global teams. Includes line management of one Management Accountant. |
The Role Objective The objective of the role is to primarily oversee the financial reporting of Nexus Advanced TV, with particular focus on revenue reporting, in order to provide accurate and timely monthly management information to the various stakeholders. Full ownership and understanding and management of the balance sheet and P&L. Multiple audit liaison and assistance with statutory accounts preparation. |
Key Responsibilities - Full management and understanding of the Advanced TV Balance Sheet and P&L
- Particular focus on Advanced TV net sales revenue reporting, working closely with key contacts across the business to ensure accurate recognition and reporting
- Provide Timely Management Information
- Macro level Actuals analysis to support delivery of financial targets and highlighting of risks/opportunities for business growth
- Adapt reporting methods/information in line with business, standardised processes and financial reporting requirements
- Drive efficiencies and establish procedures within the business to improve the financial reporting process
- Work closely with Finance Plus to define processes and handoffs, including being a point of escalation
- Ensuring compliance with the Sarbanes Oxley Act, IFRS and UK GAAP (statutory accounts)
- Responsibility of general ledger management and accuracy of a fully reconciled Balance Sheet
- Review and approval of monthly payroll
- Quarterly VAT return preparation
- Flag, escalation and management of any issues / concerns in a timely fashion
- Year-end audit liaison and assistance with statutory accounts preparation
- Manage, support and develop all members of the team to actively train and improve staff knowledge and experience
- Relationship management of key group contacts across the Agencies, GroupM UK, GroupM EMEA and Finance Plus
- Provide any ad-hoc reporting requested by the GroupM UK Market Group Financial Controller, CFO / GFC
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How Success is Measured - Accuracy
- Adaptability
- Timeliness
- Insights driven analysis
- Adherence to WPP accounting policy and UK GAAP
- Completion of key responsibilities in line with GroupM overall activity
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Skills and Behaviours Essential- Fully qualified accountant or equivalent (e.g. CIMA, ACA, ACCA) Minimum 3+ years post qualification
- Ability to coach and develop talent, bringing the best out in people
- Ability to interpret and manipulate data in a logical manner
- Ability to concisely and clearly present information to financial and non-financial people
- Professionalism and pride in accuracy and on-time delivery
- Confidence to lead on projects
Desirable- Previous knowledge of WPP financial working practices
- Understanding of media and communications industry
- Commercial mindset and ability to think in an agile way
- Previous SOX experience or equivalent
- Proficient user of Excel, Cartesis and MediaOcean
Behaviours:- Must show a proactive approach to problem solving
- Desire for continuous improvement
- Ability to work collaboratively in a large team and across the Agencies
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