Commercial Compliance Controller

Finance & Commercial London, England


Description

Position at Mindshare

ROLE OBJECTIVE

This is a middle management role as part of the finance team of Mindshare UK, reporting to the CFO of Mindshare and working closely with the commercial finance team, commercial team and reporting team.

This is a key role, with an overriding objective to help the CFO ensure that the agency is complying with all aspects of its contractual commitments. This includes working with the commercial team to ensure that contractual provisions in terms of charging mechanisms and notifications to clients are managed accurately and in a timely manner.  The other key aspect of the role is to ensure that systems, controls and processes are robust and to eliminate any risk of revenue loss.


KEY RESPONSIBILITES

Commercial Analysis

Your key responsibilities are to:

  • Work with the commercial team to apply the correct interpretation of Mindshare UK’s contractual commitments and reporting thereof, including liaison with affiliate entities.
  • Be the link between the commercial team and finance in ensuring that commercial terms are correctly applied in terms of charging methodology across all income types.
  • Ensuring that new commercial models are compliant and have the required level of governance.
  • Provide ad hoc commercial analysis

 

Commercial Compliance

Your key responsibilities are to:

  • To co-ordinate client audits, liaising with third party audit firms, and ensuring that information required is supplied in the correct format and on a timely basis.
  • To work with the UK, EMEA and Global commercial teams to maintain the compliance schedule and ensure that it is up to date and that changes are communicated to the relevant account teams immediately.
  • To review the existing control processes and suggest improvements.
  • Responsible for all client notifications and declarations.

 

Other

Your key responsibilities are to:

  • To analyse the transactional processes for all income types, as well as client contractual terms and ensure that all income opportunities are captured.
  • To assess the robustness of controls around income generating transactions and provide recommendations for enhancement.
  • To provide training of the wider agency in commercial compliance related matters.
  • Communicate to the agency/to appropriate personnel any new financial and commercial group policies, and ensure these are being implemented.

 
SKILLS & BEHAVIOURS

  • Fully qualified accountant or equivalent (e.g. CIMA, ACA, ACCA)
  • Ability to manage different stakeholders, with the gravitas and self-confidence to ensure that common objectives are met
  • First class communication skills, both written and oral.
  • Desire to work collaboratively and establish and maintain internal and external networks.
  • Audit background within a big 4 firm with at least 1-2 years post qualification experience
  • Understanding of the media and communications industry. Direct experience is desirable not essential.
  • The role will also require strong negotiation skills, calmness under pressure and the ability to problem solve.
  • Proactive approach, a logical and analytical thought process, with good attention to detail and high level of accuracy in their output.
  • Ability to work under pressure and to tight timelines.