Applications Close Date: 04 Oct 2020
The Finance department provides Channel 4 with financial support and advice, ensuring the Corporation’s advertising revenue is working hard to deliver our public service, creative and commercial ambitions.
This role will sit in the financial control team, led by the Financial Controller. The financial control team:
Works with all areas of the organisation, giving financial guidance on financial reporting, investments and all general finance matters;
Manages short and long term financial forecasting for the Corporation in line with the Channel 4 strategy;
Leads our internal and external reporting processes;
Provides accounting, treasury, tax and procurement support to the group, and management accounting and analysis for a number of departments;
Develops and maintains our financial systems; and
Manages payments, royalties, expenses and revenue collections for the group
The financial control team is a team of 25 within the overall finance department of approximately 50.
The position is a newly created role with the purpose to centralise headcount reporting, and then subsequently the staff cost reporting and analysis. The role will report into the FP&A team and will be critical to the monthly reporting, quarterly reforecast process, annual budget and three-year plan process.
The successful candidate will also be required to provide a significant level of ad-hoc analysis to support HR and Finance in People related decision making.
Provide accurate and timely reporting on:
Permanent headcount, FTCs and additional workers
Current vacancies within the business
Fixed vs variable staff cost base i.e. permanent staffing vs contractors/freelancers
Variance analysis versus budget/forecast and prior year
The candidate will develop a standard monthly PowerPoint dashboard which is reconciled and understandable to both Finance and non-Finance colleagues. They will also be responsible for posting relevant month end journals.
The candidate will attend the monthly headcount approval sign-off meeting to track any new approved roles, and will liaise with HR and Finance Business Partners to understand any other movements within the month i.e. vacancies, maternity covers, acting ups etc. The candidate must be able to provide the Finance Business Partners with a breakdown of their headcount and staff costs at any given point.
Annual Budget and Three-Year Plan
Budgeting the annual headcount and staff cost for the financial year for each department across the business
Budgeting for the appropriate on-costs and understanding any legislative impacts on these costs
Working with HR and Finance Business Partners to align on budgeted numbers
Autonomy/ Judgement/ Decision Making
Prioritise issues in order to meet key deadlines (month-end close, Board dates, etc.)
Able to make decisions, weighing up risks and benefits, either alone or in conjunction with the FP&A Analyst
Pro-active approach using own initiative to identify areas for improvement
Relationship Management (Internal and External)
Liaise with broader Finance and HR teams at all levels of seniority
Excellent written & verbal communication skills
Enthusiastic and self-motivated team player
Problem Solving/ Complexity
Strong analytical skills with ability to interrogate and interpret vast amounts of data and present key findings to the FP&A team
Ability to identify overarching / recurrent issues or causes and make suggestions for ultimate resolution
Works co-operatively and productively with others; openly exchanging information and supporting colleagues from around the Finance team to achieve goals
Demonstrates personal commitment to the decisions of the team
Provides assistance and supports colleagues when under pressure
Works within limits of authority, seeking guidance when unsure
Keeps an eye on the detail, checking own work for mistakes and making a commitment to getting the numbers right
Establishes realistic deadlines and then sticks to them
ESSENTIAL EXPERIENCE AND SKILLS
Part-Qualified accountant, or currently studying for a professional qualification, with a desire to pursue a role in FP&A or Financial Reporting
Proven experience in a similar role at an Assistant Financial Analyst or Assistant Management Accountant level
Proven experience in creating and providing accurate reports, producing quarterly reforecasts and assisting with annual budgeting
Intermediate to advanced Excel Skills and comfortable analysing and manipulating data
Strong communication skills, both verbal and written
Good PowerPoint skills and ability to prepare slides on a timely basis for ad hoc reporting
Excellent attention to detail
Flexible and able to manage workload to meet challenging deadlines
Demonstrable ability to improve / give valuable contribution to improvement in processes and achieve efficiencies
Enthusiastic with the ability to liaise with the broader Finance and HR team at all levels
Application questions to complete
To complete your application please provide a response to the below application questions, you can upload your response to the application questions as an attachment when submitting your application. This can be attached to your application as a PDF or Word document.
Please outline how you meet the ‘Essential Experience & Skills’ outlined in the Job Description (Max 500 words)
Please tell us what you think the most important factors are when presenting financial information to non-finance individuals? If you can, please draw on an experience that you’ve had of doing this. (Max 300 words)
Why do you think it’s important to us to have up to date, accurate and well-understood headcount and staff cost information? In what ways do you think this information might be used by the organisation? (Max 300 words)
There are a million reasons why it’s great to work at Channel 4, here are just a few of the perks for you;
26 days annual leave (including a day off for your birthday)
Company funded Private Medical Insurance
A generous Group Personal Pension
Access to our flexible benefits scheme including dental, travel insurance, health screenings and more!