At a Glance
- Tasks: Manage project finances, track costs, and ensure smooth financial operations for production teams.
- Company: Join a dynamic content production agency with a focus on creativity and collaboration.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Embrace a diverse and inclusive workplace with plenty of room for career advancement.
- Why this job: Be at the heart of exciting projects and make a real impact in the creative industry.
- Qualifications: Experience in finance, excellent communication skills, and a knack for detail.
The predicted salary is between 31500 - 38500 £ per year.
Vision FR is recruitinga
Production Accountant on behalf of a content production agency.
This role is integral to the event and production operations.
The primary focus is supporting the production teams by delivering accurate and timely project finance management data and ensuring the finance side runs smoothly.
This role is also responsible for the financial transaction processing of the UK operations and partnering with the US finance assistant to ensure the compliance of company records.
Key Responsibilities of the Production Accountant
- Project Reconciliations – Collaborate closely with the production teams to ensure timely budget updates and reconciliation, providing accurate and clear reporting.
- Project Cost Management – Partner with the production team to meticulously track supplier costs, ensuring prompt recording and settlement of third-party expenses and facilitating seamless payment processes
- Revenue Management – Ensure revenue integrity by accurately invoicing clients, meticulously maintaining deferred revenue records, and preparing monthly journals for fee recognition as directed by the Finance Director.
- Cashflow Forecasting – Update project cashflows to feed the main group cashflow, ensuring we are building out currency exposures and mitigating currency and working capital risk
- Accounts Payable
- Supplier onboarding – Owning the process, ensuring correct company division setup, compliant paperwork, and bank/tax information
- Payables Accounting – using Lightyear software to facilitate the approval and subsequent accurate processing of payable to Quick Books and Credit Card, American Express and PLEO card posting.
- Payment run - generation and timely payment through the correct banking systems
- Liaison with the US Finance assistant on US processed payments
- Monthly reconciliation – reconcile payables and cleardown of bank charges and small FX balances
- Accounts Receivable
- Client Onboarding – Support the production team ensuring correct client account setup, compliant paperwork, and bank/tax/payment portal information where required
- Receivables Accounting - Sending client invoices in the correct currency and using a polite dunning process
- Payment allocation – daily bank posting of client receivables and communicating to the production team any issues
- Monthly reconciliation – reconcile receivables and cleardown of bank charges and small FX balances
- Intercompany & Treasury Management
- Intercompany Accounting - Processing end to end intercompany transactions (payments and charge backs)
- Intercompany reconciliation – Monthly reconciliation of the Intercompany accounts.
Liaise with the US finance assistant to review and ensure the correct allocation of payments and charges across the 2 legal entities.
- Cash Management – Update the cash balance worksheet weekly to provide clarity on working capital and client funds balances
- FX – Good use of banking tools to apply FX policies to foreign transactions, including hedging and booking rates for payments to minimise FX exposure
- Treasury Moves – Actioning Deposit moves as directed to ensure we maximise rate upside and recording interest earned into Quick Books
- Other responsibilities
- Champion Filemaker, an in-house software project from a finance pov, feeding into the project sprints, running tests and ensuring the system is being developed in a way that is fit for purpose.
- Support, when requested, the Finance Director on month end, year-end process and reporting including revenue recognition, prepayments and accruals.
- Support the production teams and Finance Director with process improvement
Key skills and requirements of the Production Accountant
- Excellent communication skills – written and spoken
- Ability to develop trusted relationships with other departments and provide consistently reliable, trusted, project finance support
- Ideally Quick Books and/or PLEO
- Cashflow and Purchase Ledger experience
- Worked in a similar role within a creative agency
- Self-motivated with the ability to prioritise tasks, particularly where deadlines (such as bank cutoffs) impact
- Organised and diligent, with a discerning eye and attention to detail and the ability to manage multiple projects simultaneously
- Ability to manage the pressures of demanding clients and production teams
- Adaptable and capable of managing changing priorities
Vision FR is committed to encouraging equality, diversity, inclusion and eliminating unlawful discrimination within our workforce and whilst fulfilling our Clients recruitment needs.
Due to the high level of applications being received if you do not hear from us within 5 working days, please assume your application has not been successful on this occasion, usually due to other candidates having more relevant sector exposure, qualifications or required skills.
We thank you for your interest.
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Project Accountant employer: VisionFR Limited
VisionFR Limited is an exceptional employer that fosters a vibrant and supportive work culture, perfect for those looking to thrive in the beauty communications sector. With a hybrid working model, employees enjoy the flexibility of balancing office and home life while being part of a dedicated finance team that prioritises professional growth and development. The company encourages continuous learning and offers ample opportunities for career advancement, making it an ideal place for motivated individuals seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Project Accountant
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like VisionFR Limited. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Project Accountant
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to VisionFR Limited.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on VisionFR Limited's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at VisionFR Limited
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with VisionFR Limited.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at VisionFR Limited will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former VisionFR Limited employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
