Job Title: Financial ControllerLocation: Soho, LondonReports to: Group Finance Director

Job Purpose:Our Client, a fast-growing London based advertising business, is looking to recruit a high calibre Financial Controller. This Is a new role and you will oversee all aspects of financial management, including accounting, regulatory compliance, financial reporting, budgeting, and forecasting. You will play a crucial role in supporting business decisions, ensuring the financial integrity of the company, and driving financial performance in line with business goals.

Key Responsibilities:

1. Financial Management & Reporting
   • Prepare timely and accurate financial statements, including profit and loss statements, balance sheets, and cash flow reports.
   • Lead the month-end and year-end closing processes.
   • Prepare management reports and KPIs for senior leadership, providing insights and analysis on the company's financial performance.
   • Coordinate the preparation of budgets and financial forecasts, and report variances.
2. Accounting
   • Oversee day-to-day accounting functions, including accounts payable, receivable, and general ledger maintenance.
   • Ensure compliance with UK accounting standards and regulations (UK GAAP or IFRS).
   • Liaise with external auditors and tax advisors to ensure annual audits and tax filings are completed accurately and on time.
3. Cash Flow & Cost Control
   • Monitor and manage cash flow to ensure the business meets its financial obligations.
   • Oversee cash management strategies, including payments, receivables, and credit control.
   • Implement cost control measures to improve profitability and identify areas for financial savings.
4. Budgeting & Forecasting
   • Collaborate with department heads to prepare annual budgets and reforecast as needed.
   • Monitor actual results against budgets and forecasts, providing detailed analysis and recommendations for corrective action.
   • Advise on business decisions by providing financial input and analysis on projects, investments, and new business opportunities.
5. Taxation & Compliance
   • Ensure the company meets its legal tax obligations, including VAT, corporation tax, and payroll taxes.
   • Stay updated on changes in tax legislation and ensure compliance with HMRC requirements.
   • Prepare and submit VAT returns, PAYE, and other statutory filings.
6. Payroll & Benefits Administration
   • Manage payroll processes, ensuring timely and accurate salary payments.
   • Administer employee benefits schemes such as pensions, insurance, and other compensations.
7. Systems & Process Improvements
   • Maintain and improve financial systems and accounting software
   • Develop and implement financial controls and procedures to ensure accuracy and efficiency.
   • Drive process improvements and automation to streamline operations and reporting.
8. Team Leadership
   • Supervise and mentor junior finance staff.
   • Provide guidance and training on financial best practices to other departments.

Key Skills & Qualifications:

• Essential:
  • Proven experience as a Financial Controller, Finance Manager, or similar role.
  • Professional accounting qualification (ACA, ACCA, CIMA, CPA).
  • Strong knowledge of accounting principles and practices (UK GAAP, IFRS).
  • Proficiency in accounting software
  • Excellent Excel skills and financial modelling experience.
  • Strong analytical and problem-solving skills.
  • High level of attention to detail and accuracy.
• Desirable:
  • Experience in the advertising, media, or creative industries.
  • Knowledge of project-based accounting and revenue recognition in an advertising setting.
  • Familiarity with relevant financial regulations and tax laws in the UK.

Personal Attributes:

• Commercially minded with a strategic approach.
• Strong communication and interpersonal skills, able to present financial information to non-finance stakeholders.
• Ability to work independently and manage multiple tasks in a fast-paced environment.
• Proactive, flexible, and able to adapt to changing business needs