Finance Manager - PR Agency

  • Job Reference: 1232836805-2
  • Date Posted: 7 February 2024
  • Recruiter: Taylor Hawkes Ltd
  • Location: London
  • Salary: £45,000 to £60,000
  • Sector: Public Relations
  • Job Type: Permanent

Job Description

A leading PR agency based in London is seeking an experienced and strategic Finance Manager to join our dynamic team. The Finance Manager will play a crucial role in overseeing financial operations, providing strategic financial guidance, and ensuring the financial health of the agency. The ideal candidate will have a strong background in finance, excellent leadership skills, and a proactive approach to financial management within the PR industry.

Responsibilities:

  1. Financial Planning and Analysis:

    • Develop and manage financial planning, budgeting, and forecasting processes.
    • Analyze financial performance and provide strategic insights to senior management.
    • Collaborate with department heads to align financial goals with business objectives.
  2. Financial Reporting:

    • Prepare and present accurate and timely financial reports for management.
    • Ensure compliance with accounting standards and regulatory requirements.
    • Lead the month-end and year-end closing processes.
  3. Cash Flow Management:

    • Manage cash flow and liquidity, providing recommendations for improvement.
    • Monitor working capital and optimize cash management strategies.
  4. Client Billing and Revenue Recognition:

    • Oversee client billing processes and ensure timely invoicing.
    • Manage revenue recognition in accordance with industry standards.
  5. Cost Management:

    • Monitor and control agency expenses, identifying opportunities for cost savings.
    • Provide cost analysis and support for client projects.
  6. Team Management:

    • Lead and mentor the finance team, fostering a collaborative and high-performance culture.
    • Oversee professional development and training initiatives.
  7. Stakeholder Engagement:

    • Build effective relationships with internal and external stakeholders.
    • Act as a key point of contact for financial inquiries and provide financial insights to support business decisions.
  8. Audit and Compliance:

    • Coordinate with external auditors and ensure compliance with audit requirements.
    • Stay informed about changes in financial regulations and implement necessary adjustments.

Qualifications:

  • Bachelor's degree in Finance, Accounting, or a related field; professional qualification (ACCA, CIMA, or equivalent) is preferred.
  • Proven experience as a Finance Manager in a PR agency or similar industry.
  • Strong knowledge of financial management principles and accounting standards.
  • Excellent analytical and problem-solving skills.
  • Proficiency in financial software and Microsoft Excel.