Management Accountant, Fashion

Job Description

Who We Are:

IMG is a global leader in sports, fashion, events and media. The company manages some of the world's greatest athletes and fashion icons; owns and operates hundreds of live events annually; and is a leading independent producer and distributor of sports and entertainment media. IMG also specializes in licensing, sports training and league development. IMG is a subsidiary of Endeavor, a global sports and entertainment company.

Endeavor is a global sports and entertainment company, home to the world's most dynamic and engaging storytellers, brands, live events and experiences. The company is comprised of industry leaders including entertainment agency WME; sports, fashion, events and media company IMG; and premier mixed martial arts organization UFC. The Endeavor network specializes in talent representation, sports operations & advisory, event & experiences management, media production & distribution, experiential marketing and brand licensing.

Key Responsibilities and Accountabilities

Business Unit Specific
• Managing and reporting to talent or their representatives on income and expenditure
• Working with managers to ensure a smooth process throughout entire onboarding and booking process
• Preparing multicurrency talent statements
• Prepare payment proposals for talent fees
• Answering client and talent queries (including tax enquires)
• Monitoring receivables and liaising with IMG's outsourced credit control team and internal talent agents to achieve timely collection
• Including weekly reporting of collections with commentary against forecast
• Invoicing income and expenses for clients, including recharges
• Facilitate set up of talent banking

Management Accounting
• Analyse financial information to assist profitability and growth
• Continual monitoring of costs to ensure that we are staying within pre-determined budgets
• Variance analysis of actual results against budgets & plan
• Regular meetings with the business supported by monthly finance reporting pack identifying KPI's

Financial Accounting
• Ownership and responsibility for the financial month end and year end close process to agreed timetable including financial review with variance commentary
• Including Revenue Recognition analysis and journal entries
• Monthly balance sheet reconciliations with full supporting for balances in line with group policy
• Oversight of vendor payments and liaison with group accounts payable function to ensure all AP payments are made on a timely basis
• Ensure sufficient controls are in place for vendor creation/AP and AR process & work to improve these processes

Financial Planning, Reporting & Analysis
• Assist with the planning process including 3-year long term planning, budgeting, and quarterly forecasting
• Assist with preparation of gross profit & SG&A forecast schedules at divisional and client level for Fashion team. This involves liaising with commercial colleagues to ensure all relevant information is reflected in forecasting system (BPC)
• Weekly cash-flow disbursements and 90-day cash forecasting
• Arrange and attend meetings with business leaders to ensure Global CRM system is up to date to track all confirmed deals plus anything in the pipeline

Taxation
• Working closely with the UK Controller and Tax team on any tax related matters including VAT
• Responsible for Foreign Entertainers Tax (FET) Returns quarterly
Other
• Working closely with the UK Controller and providing regular updates and raising issues promptly
• Ensure cash collections are maximized and work with WNS to improve debtor aging profile
• Assisting with audit requests in a timely manner
• Working closely with the UK Controller and Legal Counsel on all legal matters
• Constantly reviewing all internal working schedules and championing improvement and change
• Provide backfill support for the wider team on an ad-hoc basis
• You may also be required to carry out any other duties which are within the scope and purpose of the job

Please Note e.g., shift(s)/ unsocial hours/ travel etc
• The role holder will often be under pressure to complete tasks with strict deadlines
• Must be prepared to work additional hours as required to meet deadlines

Person Specification

Knowledge and Experience

Mandatory
• Part Qualified/Newly Qualified (CIMA/ACA/ACCA or equivalent)
• Confident and willingness to challenge commercial stakeholders
• Flexible team player with the ability to work with commercial staff across the organisation, across different territories
• Must be able to work on own initiative to identify and resolve problems

Desirable
• SAP, BPC Planning software, CRM, Analysis for Microsoft Excel, knowledge
• Passion for Fashion / The Modelling world

Required Skills and Abilities
• Strong communication and team working
• Proactive attitude
• High attention to detail
• Ability to work under pressure
• Ability to prioritize workload
• High level of numeracy

Required Qualifications and Training
• Degree (or equivalent) in Finance/ Accounting
• Studying/Aiming towards professional qualifications (ACCA/CIMA)

Endeavor unites and brings people together in our love of sport, culture, and entertainment. We understand this can only be accomplished when we lead with a lens of diversity, equity, and inclusion in everything we do. As a global company that drives culture, we strive to reflect the world's diverse voices.  

Endeavor is an equal opportunities employer and encourages applications from suitably qualified and eligible candidates regardless of sex, race, disability, age, sexual orientation, or religion or belief.

Jobcode: Reference SBJ-robyep-3-135-190-40-42 in your application.