Management Accountant

About Us

IPG Mediabrands is the media and marketing solutions division of Interpublic Group (NYSE: IPG). Mediabrands manages approximately $40 billion in marketing investment globally on behalf of its clients and provides strategic services and solutions across its award-winning, full-service agency networks UM and Initiative and through its innovative marketing specialist companies Reprise, Magna, Orion, Rapport, Healix, Mediabrands Content Studio and the IPG Media Lab. Mediabrands clients include many of the world’s most recognizable and iconic brands from a broad portfolio of industry sectors. The company employs more than 13,000 marketing experts in more than 130 countries representing the full diversity of humanity. For more information, please visit our website: www.ipgmediabrands.com. 

Role Description 

The Management Accountant will assist the Finance Reporting Manager by taking ownership of the financial reporting of the media agency Initiative. Core areas of responsibility will be preparing and reviewing the month-end management accounts. The role is based in London and will be closely supported by the Finance Reporting Manager.

Key Responsibilities

• Prepare and review the monthly management accounts in accordance with US GAAP including revenue, journals, accruals and prepayments.
• Maintain out of scope projects tracker.
• Review month-end variance analysis for revenue and P&L.
• Monthly reconciliation of salaries.
• Review and reconciliation of intercompany recharge.
• Maintain and develop monitoring controls to minimise the risk of fraud to the company and to meet all SOX reporting requirements.
• Review of general ledger coding of invoices and POs in SAP for all office costs incurred.
• Reviewing personal and company credit card expenses.
• Work with the biller to ensure timely and accurate invoicing of fees.
• Responding to frequent queries from senior management, controllers, non-finance employees and auditors.

Desired Skills & Experience

• Technical skills:
• Relevant degree / Studying towards ACCA or CIMA.
• Excellent Excel knowledge - very familiar and comfortable with pivot tables and standard formulas such as VLOOKUPs, conditional formatting, IF, AND, OR statements etc.
• Systems: SAP / Hyperion/ DDS knowledge would be advantageous but not essential.
• Knowledge of US GAAP would be advantageous but not essential.
• Analytical and problem-solving skills.
• Strong organisational skills and ability to prioritise tasks.
• Prior experience in preparing end-to-end management accounts and transaction processing.
• Capable of working within a dynamic environment in which the workflow is often unpredictable and requires a pragmatic approach, particularly during key busy periods (e.g. quarter-end, year-end).

• Soft skills & Aptitudes:
• Numerate with strong attention to detail.
• Strong analytical skills.
• Excellent communication skills - both spoken and written.
• Able to respond quickly to ad-hoc requests and prioritise accordingly.
• Proactive team player willing to be flexible.
• Proficient in completing an accurate and high volume of work to strict deadlines.
• Committed to developing a long-term career within the international media and technology sector.

Employee Transparency 

At IPG Mediabrands, we celebrate difference and believe this makes us stronger. IPG Mediabrands are equal opportunity employers and committed to championing an inclusive culture that provides a sense of belonging for all our employees. We do not discriminate against any applicant based on age, disability, race, colour, ethnicity, national origin, gender, sexual orientation, gender identity, religion, belief, marital status or any other characteristic protected by law. 

Please reach out to our Talent Inclusion Specialist Jess at [email protected] if you would like to have a confidential conversation regarding any adjustments that would ensure our recruitment process is accessible for you. Please note requesting a reasonable adjustment will not affect your application. 

The Perks 

We aim to provide all our people with a supportive and fun work environment where you can develop your full potential and benefit from the broad range of opportunities within the agency. When you join us, we want to make sure you feel valued – and that you are rewarded for your fantastic work. So, we also offer a range of benefits:

• Flexi–leave, with 25 days annual leave to be taken as minimum. In addition to your holiday entitlement, the office usually closes between Christmas & New Year 
• Free breakfast and free lunch 
• Early finish Fridays 
• Core Hours (Mon-Thurs, flexible start/finish times)  
• Retail discounts 
• Electric vehicle salary sacrifices car scheme 
• Wellbeing programme, including Headspace & flu jabs 
• Interest free season ticket loan 
• Paid time off for Volunteering 
• Group Income Protection 
• Life Assurance 
• Private Medical Insurance or Health Cash Plan (dependent on level) 
• Group Personal Pension Plan with matched contributions from 3-6% 
• Generous Parental Leave & Pay  
• Independent mortgage advice 
• Financial education 
• Employee Assistance Programme 
• Free eye tests 
• Flexible benefits including Dental, Travel insurance, Cycle to Work, Gym Discounts and many more!