At a Glance
- Tasks: Lead the UK finance team, manage reporting, compliance, and financial operations.
- Company: Join a dynamic media and entertainment company with a focus on innovation.
- Benefits: Competitive salary, professional development, and a vibrant work culture.
- Why this job: Make a real impact in finance while working in the exciting entertainment industry.
- Qualifications: Qualified accountant with experience in finance, media, and strong analytical skills.
- Other info: Opportunity for career growth and to mentor a talented team.
The predicted salary is between 36000 - 60000 ÂŁ per year.
This is a critical role within the Avalon finance team supporting both the UK business and Group as a whole. The candidate will demonstrate integrity, professionalism, and strong management skills along with technical and commercial expertise.
Reporting to the Finance Director, UK, the Financial Controller will manage dayâtoâday activities of the UK finance team.
Reporting and compliance- Review monthly management accounts and balance sheet reconciliations across the group.
- Central coordination of statutory group accounting, audit and tax; manage auditors and liaise with tax advisors.
- Liaise with divisional finance functions to ensure all corporation tax returns for the group are prepared and quarterly instalment payments are made on time.
- Prepare monthly group cash flow reporting for the bank, including quarterly bank loan covenant testing.
- Oversee preparation and submission of the quarterly group VAT return and monthly payments on account.
- Oversee group payroll and pension administration, liaise with payroll bureau and pension advisers; prepare information for annual P11d, P60s and PSA submissions to HMRC and ensure monthly PAYE/NIC payments are made on time.
- Ensure Companies House records are up to date for all group companies; maintain statutory information records and file all annual returns and dormant/abbreviated accounts.
- Review interâcompany balance reconciliations and ensure all necessary recharges are invoiced and paid down on a timely basis.
- Oversee bank and credit card administration.
- Manage financial IT systems, review finance assistant postings and liaise with Operations/Support to oversee upgrades.
- Produce adâhoc accurate group financial reports and analysis to deadline, as required.
- Review and authorise fortnightly client and weekly supplier payment runs on Bankline.
- Ensure debtors are monitored appropriately by the team and provide support where required; approve quarterly bad debt provisions.
- Oversee routine meetings with Department Heads/Finance Managers to ensure performance is tracked, costs controlled in line with group policy, and understand departmental issues.
- Act as main point of contact for Managers (AMG) for managing relationships between finance and artist management team.
- Review and approve budgets.
- Manage and support relationships with internal teams.
- Support relationships with external clients and suppliers as appropriate.
- Support the team to provide answers to ad hoc queries across the business.
- Monthly overheads & staff costs reporting to Global Director of Operations & HR.
- Ensure compliance with standards and regulations; maintain an appropriate control environment.
- Ensure process efficiency and proactively identify improvement opportunities.
- Ensure adherence to accounting standards and recommend policy improvements.
- Be key point of contact for external auditors and tax advisors, providing support and documentation.
- Be a key user of financial systems, ensuring they maximise efficiency and meet business needs.
- Provide highâquality analysis to support results and future business decisions.
- Ensure completeness, accuracy, and timeliness of all related transactions, balances, monthly closings, reporting, forecasting, and budgeting.
- Ensure transactions processed in accordance with the control framework; drive continuous improvement.
- Engender a business service culture.
- Ensure teams are resourced appropriately, members are trained, and relationships with divisions are maintained.
- Ensure the team delivers to deadlines.
- Provide financial guidance and expertise as required.
- Qualified accountant with experience within a finance function of a media & entertainment business.
- Experience in client/royalties reporting and TV production, exposure to consolidations and interâcompany transactions.
- Strong background in UK GAAP, group consolidations and taxation.
- Selfâstarter who thrives in initiating change and following instruction from the Finance Director.
- Ability to drive tasks/projects through to completion.
- Highly organised, able to work under tight deadlines.
- Track record of effective collaboration across teams and positive attitude to change; ability to improve processes and influence people.
- Excellent interpersonal and relationshipâmanagement skills.
- Exposure to senior management.
- Experience in mentoring/managing a team.
- Ability to develop and motivate a successful team.
- Excellent presentation and communication skills.
- Strong analytical and processâoriented mindset.
- Excellent attention to detail.
- Experience establishing and maintaining an effective internal control environment.
- Experience developing finance systems.
- Advanced Excel skills.
Employment type Fullâtime
Job function Accounting/Auditing and Finance Entertainment
Financial Controller in London employer: Avalon Entertainment
Contact Detail:
Avalon Entertainment Recruiting Team
StudySmarter Expert Advice đ¤Ť
We think this is how you could land Financial Controller in London
â¨Tip Number 1
Network like a pro! Reach out to your connections in the finance and entertainment sectors. Attend industry events or webinars, and donât be shy about introducing yourself. You never know who might have the inside scoop on job openings!
â¨Tip Number 2
Prepare for interviews by researching Avalon and its financial practices. Understand their challenges and think about how your skills can help. Tailor your responses to show youâre not just a fit for the role, but also for the company culture.
â¨Tip Number 3
Practice your financial analysis skills! Be ready to discuss your experience with UK GAAP, consolidations, and tax compliance. Use real-life examples to demonstrate your expertise and how youâve driven improvements in past roles.
â¨Tip Number 4
Donât forget to apply through our website! Itâs the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Financial Controller in London
Some tips for your application đŤĄ
Tailor Your CV: Make sure your CV is tailored to the Financial Controller role. Highlight your experience in finance, especially in media and entertainment, and showcase your skills in UK GAAP and group consolidations. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team. Mention specific experiences that demonstrate your ability to manage financial processes and lead a team effectively. We love a good story!
Showcase Your Analytical Skills: As a Financial Controller, strong analytical skills are key. In your application, provide examples of how you've used data to drive decisions or improve processes. We want to see your thought process and how you tackle challenges head-on!
Apply Through Our Website: Don't forget to apply through our website! Itâs the best way for us to receive your application and ensures youâre considered for the role. Plus, it shows youâre keen on joining the StudySmarter family!
How to prepare for a job interview at Avalon Entertainment
â¨Know Your Numbers
As a Financial Controller, you'll need to demonstrate your expertise in financial reporting and compliance. Brush up on UK GAAP and be ready to discuss how you've managed monthly accounts and reconciliations in the past. Prepare specific examples that showcase your attention to detail and analytical skills.
â¨Showcase Your Leadership Skills
This role requires strong management skills, so think about times when you've successfully led a team or mentored colleagues. Be prepared to share how youâve motivated your team and improved processes, as well as how you handle tight deadlines and ensure everyone is on track.
â¨Understand the Business
Familiarise yourself with the media and entertainment industry, especially how finance functions within it. Research Avalon and its operations to understand their financial challenges and opportunities. This will help you tailor your responses and show that you're genuinely interested in the company.
â¨Prepare for Technical Questions
Expect questions about financial IT systems and your experience with them. Be ready to discuss how you've maximised efficiency in previous roles and any improvements you've implemented. Highlight your advanced Excel skills and any relevant software you've used to manage financial data.