Commercial Finance Executive
- Employer
- IMG Media Limited
- Location
- London, United Kingdom
- Salary
- Competitive Salary
- Closing date
- Aug 2, 2024
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- Job Role
- Commercial Finance Manager
- Sector
- Finance
- Contract Type
- Permanent
- Hours
- Full Time
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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 many of the world’s most dynamic and engaging storytellers, brands, live events, and experiences. The Endeavor network specializes in talent representation through entertainment agency WME; sports operations and advisory, event management, media production and distribution, and brand licensing through IMG; live event experiences and hospitality through On Location; full-service marketing through global cultural marketing agency 160over90; and sports data and technology through IMG ARENA and OpenBet. Endeavor is also the majority owner of TKO Group Holdings (NYSE: TKO), a premium sports and entertainment company comprising UFC and WWE.
What You'll Do:
Management Accounting
Commercial Accounting
Financial Planning, Reporting & Analysis:
Other
Key Results Areas
You Have These:
We’d Love If You Also Have These:
Working Conditions:
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.
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 many of the world’s most dynamic and engaging storytellers, brands, live events, and experiences. The Endeavor network specializes in talent representation through entertainment agency WME; sports operations and advisory, event management, media production and distribution, and brand licensing through IMG; live event experiences and hospitality through On Location; full-service marketing through global cultural marketing agency 160over90; and sports data and technology through IMG ARENA and OpenBet. Endeavor is also the majority owner of TKO Group Holdings (NYSE: TKO), a premium sports and entertainment company comprising UFC and WWE.
What You'll Do:
Management Accounting
- Responsible for period end accounting closes for World Snooker League (key media rights property), various Fight Sports properties and output deal sales contracts. New properties may be added as the role evolves.
- Finance support for the newly structured Marketing team, liaising with the VP of Marketing.
- Prepare & analyse commercial team T&E reports
- Variance analysis of actual results against forecast
Commercial Accounting
- Preparation of periodic client accounting reports for rights properties including liaising with clients.
- Compliance with obligations under client and customer contracts
- Liaison with group accounts payable function to ensure all company payments are made on a timely basis.
- Valuation and appraisal of new sports rights acquisition opportunities
Financial Planning, Reporting & Analysis:
- Preparation of forecasts for rights properties and on a 3 year rolling basis. This involves liaising with Commercial, Production, Legal and Finance colleagues to ensure all relevant information is collected.
- Periodic cash-flow forecasting for rights properties.
Other
- Support the wider Rights accounting team to standardise workbooks and improve efficiency of month end close process.
- Support controllership team with month end reconciliations.
- You may also be required to carry out any other duties which are within the scope and purpose of the job.
Key Results Areas
- The timely preparation and submission of month end, quarter end and year end results and analysis of those results
- Compliance with commercial reporting requirements on rights properties
You Have These:
- Qualified Accountant- ACA / CIMA / ACCA or equivalent
- Good knowledge of UK and US GAAP
- Confident and flexible team player with the ability to work with commercial staff across the organisation.
- Must be able to work on own initiative to identify and resolve problems.
- Strong understanding of revenue recognition
- Must be able to plan and organise work to meet deadlines and determine priorities.
- Must be able to work on own initiative to identify problem areas and work through to a satisfactory conclusion.
- Strong Excel ability
- Good communication (written and verbal) skills
- Proven experience of business partnering
- Must be able to work calmly under pressure and work as part of a team to achieve results.
- Proactive and self motivated with excellent communication and organisational skills
- Strong analytical and problem-solving skills; and
- A “finisher” with the genuine drive and commitment to always deliver against objectives.
We’d Love If You Also Have These:
- Hands on experience of working within the media or sports rights industry
- Experience of working in a worldwide group
- Experience in using SAP accounting system.
- Experience of financial planning and analysis work
- Established post qualification experience (2 years minimum)
- Experience working in media industry
- A strong interest in both Sports and Media
Working Conditions:
- Permanent, London Chiswick Park
- Working Hours: 35 hours
- Working Days: Mon-Fri
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.
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