"I was very impressed by the efficient manner in which Visionfr approached our brief. Upon providing clear direction on our requirements, the VisionFR team was able to consult with us to refine that brief before vetting and then delivering to us a great caliber of candidates at lightning speed from which to interview. I found the process seamless and swift."

David Shiell MD/Founder
Web Liquid Group

New Opportunitiespoint

Financial Controller – Salary up to £70,000 DoE – VFR3040

Role: Financial Controller

Sector: Advertising Agency

Location: Covent Garden

Permanent: Hybrid

Salary: £60,000 – 70,000

Ref: VisionFR3040

VisionFR is recruiting a Financial Controller on behalf of a fab creative company whose offices are near Covent Garden. This creative agency has a can-do attitude and strives to challenge the norm.

Responsibilities of the Financial Controller:

  • Work closely with the various service teams to ensure all financial elements of the client relationship are managed, tracked, monitored, and communicated.
  • Manage client profitability by overseeing revenue, resources/costs, ensuring client P&Ls are in line with the staffing agreements and agency goals.
  • Partner with senior account leads on existing client contract renewals and new business pitches
  • Monitor, expedite and escalate client setup, media billing, reconciliation and payment activities ensuring alignment with contract terms
  • Work closely with the client teams to stay abreast of changes and modifications to client budgets
  • Reconcile production jobs with producers
  • Manage revenue recognition for WIP management
  • Budgeting, forecasting, monthly close revenue recognition and variance explanations
  • Assisting the provision of information to support internal & external audits
  • Develop, maintain, and distribute ad-hoc reports and financial models as needed
  • Provide proactive analytical support and other ad hoc financial analyses to the business leaders
  • Responsibility for timely and accurate month end ‘Actuals’ reporting (P&L & revenue by client)
  • Responsibility for balance sheet fully reconciled each month; unknown balances proactively investigated and resolved
  • Responsibility for Aged Debtors and Aged Creditors management
  • Reporting cashflow weekly, and suggest improvements to cashflow template / process to improve accuracy and reduce time taken to complete
  • Ensuring all financial transactions are properly recorded, filed and reported accurately
  • Prepare and update revenue for weekly revenue meeting with the CEO
  • Regular review of financial plans and ongoing spend to look for cost reduction opportunities
  • Supporting CEO with budget and quarterly forecast, e.g. forecast salaries and overheads
  • Review client contracts with CEO
  • Management of quarterly VAT return
  • Produce time reports
  • Manage talent billing and payment updates for Talent team
  • Manage payroll monthly with HR, upload journal and prep P11d’s and PSA’s
  • Spearheading annual audit
  • Monitor cash flow, accounts, and foreign currency journal
  • Prepare management accounts on a monthly basis, including reports on client and job profitability and staff utilisation
  • Update and implement financial policies and procedures
  • Helping champion and promote a positive agency work ethic and culture.
  • Supporting the agency’s mission statement.
  • Working collaboratively with work colleagues.
  • Complying with all agency policies, procedures and relevant Statutory legislation.
  • Participating in the agency’s performance management process and undertake continuous personal development.

The skills and experience required of the Financial Controller:

  • Previous experience from advertising industry
  • Paprika experience
  • Good technical skills
  • Excellent communication skills
  • Strong team management experience – Have a “can do” attitude and be proactive in seeking solutions and implementing change
  • Proven track record of implementing change
  • Good experience of building relationships
  • Proven track record of high integrity work and timely delivery
  • Demonstrated experience of managing conflicting demands
  • High attention to detail
  • Lead by example

VisionFR is committed to encouraging equality, diversity, inclusion and eliminating unlawful discrimination within our workforce and whilst fulfilling our Client 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.

Candidate registration