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Head of Finance

Cedar

London

Permanent

£80000 - £85000/annum

SE17BE

Posted: 11/07/2024

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Cedar is working exclusively with a leading award winning independent creative agency that has undergone extensive growth over the last five years.

An exciting opportunity has arisen for a Head of Finance to take ownership of all financial matters and have a real commercial impact in the growth of the business. Reporting to the MD you will manage a small team and be responsible for management accountants, financial accounts, the bid process, WIP and all other related matters.

Duties.

Responsible for ensuring strong financial controls are in place and operating effectively, including robust balance sheet reconciliations.
Maintain relationships with external auditors, accounting/tax advisors, payroll and banking partners.
Balance sheet and P&L management.
Support of month end close and management accounts reporting processes including analysis and commentary.
Assist in the annual budget process & monthly forecast updates.
Review projects to ensure correct set up of project classifications, budgets, and resource plans.
Manage job closure process to ensure all jobs are closed in a timely manner.
Assist account managers as needed on all client-related matters, project budgeting, and reporting.
Monitor and analyze key financial metrics and indicators, providing insights and recommendations for performance improvement.
Experience with VAT, including preparation and submission of VAT returns.
Provide strategic financial guidance to senior management to support decision-making and drive business growth.
Streamline finance systems and implementation of new systems where appropriate.
Manage ad-hoc financial projects, initiatives, and special assignments as needed.

The Successful Applicant

Qualified accountant would be preferable (ACA, ACCA, CIMA)
Media/Studio Production (strong WIP management experience) would be highly beneficial
Experience of working in a senior finance position in an agency or other media business (e.g. publishing/advertising/brand consultancy/marketing/communications/events)
Experience with Paprika would be highly beneficial
Strong leadership and organisational skills, ability to challenge and bring improvements
Commercial acumen with the ability to make solid commercial recommendations that aid growth in revenue and profitability

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