Vacancies

42 is a fully integrated management and production company, producing film, television and content, representing actors, writers, directors, comedians, presenters, producers, casting directors and media book rights; with offices in London and Los Angeles.

It is seeking a full time Financial Controller.
This role reports into the CFO and the successful candidate will be responsible for:

42 M&P Ltd Financial Management (25%)

• Line manager responsibilities for Financial Accountant; providing ongoing support, development and experience sign off for qualification
• Ensure quality control over financial transactions; managing and reviewing the work produced by the Financial Accountant e.g. Month end, VAT returns
• Preparing UK payroll and responsible for company pay, p11Ds and pension queries for CFO approval
• Issue resolution
• Constantly seek improvements to existing systems and processes. Optimise processes and implement automation where possible e.g. financial systems, AP, expense management
• Credit card and personal expenses approval
• Coordinate the month-end and year-end close process and ensure internal and external deadlines are met

Group Annual Audit (25%)

• Responsible for leading the annual audit for 42 M&P and its group companies
• Coordinate with external auditors to prepare accounts and tax returns
• Preparation of group SPV accounts and tax returns
• Preparation of quarterly group consolidation
• Ensure company records are well maintained and are readily available for examination
• Ensure that accounts and confirmation statements are submitted to Companies House on a timely basis

Client Payments (50%)

Client Payments department is responsible for managing the finances on behalf of our clients we manage. Tasks performed by the team include invoicing; preparing client statements; handling significant volumes of client payments; liaising with client teams in respect to outstanding payments; managing commission, VAT and withholding tax; and responding to client and manager queries.

• Oversight and leadership of 42’s US and UK client payment department, providing a working interface between the client teams and finance team.
• Line manager responsibilities for Client Payments Lead and providing leadership support of the 4 members of the Client Payments team along with experience sign off for qualifications
• Overarching responsibility for correct VAT, W9 forms and withholding tax treatment and ensuring agency and client payments are managed appropriately with prompt and accurate payments
• Second approver of twice week client payment for 42’s Client Payment departments
• Responsible for managing any ad hoc projects within Client Payment e.g. Agency accounts, Client accounts, VAT and Outstanding payments
• Review of month-end commission
• Responsibility for identifying and delivering continuous improvements within Client payments processes and systems to increase accuracy, automation, controls and efficiency, with a focus on continued integration of the Client Payment team within the wider business
• Issue resolution (internally and externally) and a point of escalation for the business
• Monitoring and delivering Client Payment best practices and training within the team and across the business
• Working with Tagmin as Tagmin super-user and system administrator to improve capabilities of tool

The ideal candidate will possess the following attributes:

• Be qualified with ACA/ACCA/CIMA professional accountancy qualification with post qualified experience
• Have a strong academic record with first degree 2:1 or above.
• Have experience of working within the entertainments industry ideally within a management company.
• Experience of managing and developing staff
• Experience working within a fast-paced finance function.
• Demonstrate strong financial understanding with thorough knowledge of accounting principles and procedures.
• Solid knowledge and interest in mechanics of VAT, Withholding tax and impact of exchange rates
• Skilled at in-depth financial analysis and providing expert financial perspective and opinions.
• Excellent attention to detail and problem-solving abilities.
• Be organised, self-motivated and focused on constantly improving (self, processes and systems)
• Have great communication skills and the ability to interact at all levels and departments of the organisation.
• Be a positive character with opinions you are not afraid to voice.
• Highest standard of accuracy and place importance in only circulating highest quality work
• Excellent Excel skills
• Knowledge of SAGE would be an advantage.
• Candidate must be confidence a self-starter, able to work independently and across different priorities with a can-do attitude.
• Motivated to be part of an exciting, growing business and the drive to become a key player in taking the business forward.
• A real team player

The role is full time and requires being based in our Central London Offices. Candidate could work 1 day a week from home. Office working hours are 0900-1800 or 0930-1830. Salary will depend on experience and qualifications. Additional benefits include generous holiday allowance, performance lead bonus scheme, and, after a qualifying period, healthcare.