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Senior accountant

London
Inspired Thinking Group (ITG)
Accountant
Posted: 26 May
Offer description

The Senior Accountant plays a critical role in maintaining accurate financial records, supporting month‑end close, and ensuring compliance with accounting standards within a fast‑paced advertising agency. This position contributes to revenue and expense tracking, job/project accounting, billing support, financial reporting, and process improvement. The ideal candidate has strong technical accounting skills and understands the unique financial workflows of an agency; project‑based billing, WIP, pass‑through costs, time tracking, and client‑based revenue cycles.


Key Responsibilities


General Accounting & Month-End Close

* Support the month‑end, quarter‑end, and year‑end close process to ensure accurate and timely financial reporting.
* Prepare journal entries, account reconciliations, accruals, and variance analyses.
* Maintain the general ledger and ensure consistent application of GAAP and internal accounting policies.


Revenue & Project Accounting

* Assist with revenue recognition processes for retainers, fixed‑fee projects, and time‑and‑materials engagements.
* Reconcile project costs, WIP, and deferred revenue balances.
* Partner with Project and Account Management teams to ensure accurate job setup, project reporting, and expense tracking.
* Review production estimates, out‑of‑pocket costs, and client billing for accuracy and completeness.


Accounts Payable & Receivable

* Process vendor invoices, match POs, and ensure proper coding to jobs and cost centers.
* Support client billing cycles and help prepare invoices when needed.
* Monitor outstanding receivables, identify overdue accounts, and assist with collections follow‑up.


Financial Reporting & Analysis

* Prepare financial schedules, supporting documentation, and management reports.
* Assist with budget‑to‑actual reporting, job profitability analysis, and expense tracking.
* Provide data and insights during audits and internal reviews.


Compliance & Process Improvement

* Ensure compliance with internal controls, accounting policies, and industry standards.
* Support audit preparation and participate in external audits as required.
* Identify opportunities to streamline accounting processes and improve financial accuracy and efficiency.


Systems & Tools Management

* Maintain accurate data within accounting and project management systems (e.g., NetSuite, Workamajig, Deltek, Sage Intacct, Kantata/Mavenlink).
* Support system enhancements, data integrity initiatives, and workflow optimizations.

Required skills:Accounts Payable, Financial Reporting, General Ledger, Internal Controls, Journal Entries, Accounts Receivable, Bank reconciliations, GAAPRequired languages:English

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