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At AKQA, we believe in the imaginative application of art and science to create beautiful ideas, products and services. With an entrepreneurial and collaborative approach, we design adaptive digital services and applications that capture the imagination, delivering impressive returns for our clients. AKQA Group are seeking a Head of Finance for Universal Design Studio, where you are responsible for maintaining the financial health of both studios, helping to increase profitability.
Job Responsibility:
Maintain the financial health of both studios, helping to increase profitability
Ensure compliance with regulations and maintain all account activities with your team
Craft financial strategies and create forecast models to determine the financial progress of both studios
Partner day-to-day with teams across the business, including close relationships with Project Leads, People, the leadership team and our CEO
Embody studio values and engage and participate passionately with every aspect of studio life and culture
Requirements:
Project Management: Owning the day to day activities of our finance function as the main point of contact for the business
Responsible for all group reporting to AKQA/WPP including month end as well as additional quarterly and annual reporting requirements
Supporting pipeline and fee tracking activities by liaising with the Project Leads / project teams
Identify opportunities to improve processes and financial performance of the business, whilst supporting the education of non-financial staff across the business
Lead and point of contact during internal and external audits
Own the Annual Statutory Accounts and tax packs
Own (with support from the CEO) the budgeting and re-forecasting cycles
Accounting: Revenue recognition with support from the Project Leads
Review monthly Management Accounts and provide commentary on performance vs budget
Collate monthly board pack trading update and include commentary on key KPI’s etc
Approve costs in line with pre-approvals and budgets and ensure costs (billable, non-billable and overheads) are correctly coded, and project costs are in line with contractual agreements with clients
Setting up new clients (including DD, portal access and accounting system setup) and supporting the Accounts Payable team in setting up new vendors
External reporting and submissions including quarterly VAT returns, R&D tax relief and PSA
Give ad hoc cashflow projection updates to the Group and CEO as required
Liaise with People and Payroll teams to approve monthly payroll and post payroll Journals
Contracts: Coordinate client and sub-contractor take on procedures end to end
Lead and coordinate drafting, evaluation, negotiation and execution of all client and subcontractor contracts
Close coordination with the appropriate legal support, Project Leads and the Directors to ensure contracts including all NDAs, SOWs, Framework Contracts/MSAs, Change Orders and POs are accurate
Act as a point of contact with insurers and for any future insurance claims and annual Renewals
Culture and Team: Managing the finance team, supporting junior members with training as required and ensuring they are up-to-speed on necessary practices and processes
As a senior member of the team, you will have an active and leading role in developing and maintaining our studio culture
Nice to have:
A positive and proactive attitude
The ability to work independently and as part of a team
Excellent attention to detail
Strong commercial awareness
Proven planning and organisation skills, able to prioritise high volume workload
Willingness to question assumptions and take control of situations
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