Financial Reporting Manager in London

Condé Nast is a global media company producing the highest quality content with a footprint of more than 1 billion consumers in 32 territories through print, digital, video and social platforms. The company's portfolio includes many of the world's most respected and influential media properties including Vogue, Vanity Fair, Glamour, Self, GQ, The New Yorker, Condé Nast Traveler/Traveller, Allure, AD, Bon Appétit and Wired, among others.

Location: London, GB

Management:

• Line manager responsibility for the Financial Accountant to meet both Global and local objectives and goals.
• Liaise with Bangalore team to resolve queries and ensure timely MEC.
• Creation and production of account receivable and payable management reports.
• Maintain and manage the process for establishing and communicating expense reimbursement.
• Manage and supervise tax compliance, intercompany operations, transfer pricing policies, etc.

Process Improvement:

• Review the Balance Sheet reconciliation process performed by Controlling Operations team, assessing the quality of reconciliations, contributing to action plans to address unreconciled items and providing approvals for agreed Low or Medium priority reconciliations.
• Provide input on the definition of reporting standards, policies, processes and internal controls with stakeholders including Controlling Operations and Corporate Finance, Tax and Treasury.
• Support the Bangalore Controlling Ops team to identify and implement opportunities to enhance and standardize processes and technology, including taking part in initiatives that will lead to being able to retire legacy applications by moving to our global process and systems.
• Apply understanding of assigned accounting processes to identify gaps and propose continuous improvement measures.

What benefits do we offer?

• 25 days holiday and extra days of annual leave for life events.
• Core hours.
• Competitive pension scheme.
• Bupa Private Healthcare.
• Enhanced maternity leave and family leave.
• Season ticket loans.
• Cycle to work scheme.
• Employee Assistance programme.
• Bring your dog to work.
• A wide variety of wellness benefits including gym discounts.
• Discounts and Magazine Subscriptions.
• Employee Resource Groups to provide a platform for employees to identify shared objectives, exchange ideas, and work on community priorities for our global workforce.
• Condé Nast Learning Hub where you'll find all Condé Nast-developed learning courses and training, and over 16,000+ courses in seven local languages.

The Role:

The UK Market Controllership team will take responsibility and ownership for all controllership matters, led by the UK Financial Controller, who will be a key member of the local market finance team. The UK Market Controllership team is expected to be both industry knowledge experts and finance professionals, liaising across a number of internal and external stakeholders. There will be strong collaboration and partnership with the Controlling Operations team, based in Bangalore, who will provide a high level of service to the local market by recording transactions across a number of finance processes, thereby acting as the 'customer' of the Controlling Operations. Although the offshore team will not report directly to the UK Financial Controller, there will be strong influence, support and oversight from the UK Financial Controller and the controllership team to ensure accurate and timely reporting.

Reporting to the UK Financial Controller, the Financial Reporting Manager will assist in the delivery of the UK Controlling activities. The Financial Reporting Manager will work as directed to support in overseeing the accuracy of month end close, under US GAAP, as well as compliance with local GAAP for statutory and regulatory reporting requirements. The Financial Reporting Manager will be expected to participate in improvement programs and initiatives aimed at improving the UK Market Controlling activities whether delivered in-country or offshore and ensuring high levels of user adoption.

What will you be doing?

• Support the Market Controller in preparation and coordination of Month-end-close (MEC) for purposes of management accounts including variance analysis.
• Review monthly profit & loss, balance sheet, and related key balance sheet reconciliations.
• Monitor agreed Controlling activities to ensure they are delivered according to country regulatory reporting requirements and according to CN Global standard processes, policies and controls (including US GAAP).
• Preparation of statutory financial statements under Local GAAP and any associated regulatory filings.
• Participate as required in the Local GAAP statutory audit process, including engaging with KPMG in order to secure the process, timelines and consistency of the audit process.
• Manage and support any (other) external audit engagements (e.g. VAT, Tax) and internal audits (GIA).
• Review tax computations and VAT returns and liaising with tax advisors.
• Preparation of the cash flow forecast including monthly variance analysis.
• Review and approve any Low / Medium value manual journals and any judgement based manual journals.

Who you are:

• Qualified accountant, with post-qualification experience, ideally some within Audit.
• Technically strong in local GAAP and analytical Finance Professional; ideally experience and understanding of US GAAP.
• Experience in a mid-level finance role in a large, complex organisation and of leading controlling teams.
• Good working knowledge of direct and indirect tax including corporation tax, VAT and WHT.
• Experience of transforming Finance processes and automation and managing change adoption in Finance and Non-Finance teams.
• Internal Networker.
• Good communications and presentation skills.
• Industry Knowledge.
• Technical Expertise.
• Workday experience preferred.