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- Tasks: Manage financial processes for production projects and ensure accurate billing and approvals.
- Company: Join WPP Production, a leader in global content creation.
- Benefits: Enjoy hybrid working, competitive salary, and opportunities for innovation.
- Other info: Collaborative environment with a focus on career growth and respect for diversity.
- Why this job: Shape the future of content production while enhancing your financial skills.
- Qualifications: Experience in WIP management and strong Excel skills are essential.
The predicted salary is between 40000 - 50000 £ per year.
About the Role
The Production Accountant ensures accurate, compliant, and efficient financial management across production projects. They oversee approvals, payments, WIP, billing, and reconciliations while maintaining clear financial visibility for stakeholders. They champion strong financial governance from project start to close and build effective partnerships across production and commercial teams.
Key Responsibilities
- Ensure correct approvals and payments are in place before work commences and support upfront payment processes for production shoots.
- Review WIP with Producers/PMs monthly, updating system commentary and ensuring all job admin is complete.
- Support the reconciliation process at project close and help clear actions preventing timely job closure.
- Manage billing requests, credit notes, and intercompany PO processes in collaboration with commercial teams.
- Work closely with the revenue team on month-end tasks including accrued and deferred income, SOX commentary, and accurate revenue recognition.
- Review and resolve billing, approvals, and AP rejections with relevant teams.
- Provide system support and training on Maconomy Core and Lumos for new starters.
- Run ad-hoc reports, respond to production and finance queries, and support internal/external/client audits.
- Identify process gaps or inefficiencies and contribute to continuous improvement initiatives.
- Maintain strong communication with intercompany and billing teams to ensure seamless financial workflow.
Reporting
This role reports to the UK Commercial Director and works closely with Producers, Project Managers, Commercial, Billing, Revenue, Job Approvals, and AP teams.
Requirements
- Proven experience in WIP management, job reconciliations, and revenue processes.
- High proficiency in Excel, including pivot tables and lookups.
- Strong attention to detail with a proactive, deadline-driven approach.
- Ability to build rapport and communicate effectively across teams.
- Experience using Maconomy is advantageous but not mandatory.
- Comfortable managing multiple tasks, priorities, and stakeholders.
- Strong problem-solving skills with the ability to identify and address process gaps.
- Confidence interpreting financial data and providing clear commentary.
- Able to work independently while contributing to team success.
- Strong organisational and documentation skills.
Hybrid Working Model
Hybrid approach with teams in the office around four days a week.
Benefits
At WPP Production you’ll shape the future of content production at a truly global scale. You’ll work in a collaborative, borderless environment where craft excellence is valued, innovation is encouraged, and AI and next-generation tools are used to amplify human creativity.
EEO Statement
WPP is an equal opportunity employer and considers applicants for all positions without discrimination or regard to particular characteristics. We are committed to fostering a culture of respect in which everyone feels they belong, and has the same opportunities to progress in their careers.
Commercial Production Accountant employer: WPP Production
Contact Detail:
WPP Production Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Production Accountant
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry and let them know you're on the hunt for a Commercial Production Accountant role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Get your financial skills sharp! Brush up on your WIP management and reconciliation processes, as these are key in this role. Consider doing some mock scenarios or case studies to showcase your problem-solving skills during interviews.
✨Tip Number 3
Show off your Excel prowess! Since high proficiency in Excel is a must-have, be ready to demonstrate your skills with pivot tables and lookups. Maybe even prepare a quick presentation to highlight how you've used these tools in past roles.
✨Tip Number 4
Apply through our website! We love seeing candidates who take the initiative. Make sure to tailor your application to highlight your experience with billing requests and intercompany processes, as these will catch our eye.
We think you need these skills to ace Commercial Production Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the role of a Commercial Production Accountant. Highlight your WIP management and reconciliation experience, as well as your proficiency in Excel. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about financial management in production and how your background aligns with our needs. Be sure to mention any relevant tools like Maconomy if you have experience with them.
Showcase Your Problem-Solving Skills: In your application, don’t forget to highlight specific examples where you've identified process gaps or improved workflows. We love candidates who can think critically and contribute to continuous improvement initiatives!
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of getting noticed. It’s the easiest way for us to keep track of your application and ensure it reaches the right people. Good luck!
How to prepare for a job interview at WPP Production
✨Know Your Numbers
As a Commercial Production Accountant, you'll need to demonstrate your financial acumen. Brush up on key financial concepts related to WIP management and revenue processes. Be ready to discuss how you've handled billing requests or reconciliations in past roles.
✨Excel Skills on Display
Since high proficiency in Excel is a must, make sure you can showcase your skills during the interview. Prepare to talk about specific functions like pivot tables and lookups, and consider bringing examples of reports you've created that highlight your analytical abilities.
✨Communication is Key
This role requires strong communication with various teams. Think of examples where you've successfully built rapport across departments. Be prepared to discuss how you’ve resolved issues with approvals or billing rejections, showcasing your problem-solving skills.
✨Show Your Proactive Side
Employers love candidates who take initiative. Share instances where you've identified process gaps or inefficiencies and contributed to improvements. This will demonstrate your proactive approach and ability to work independently while still being a team player.