Global Media Organisation seeks an Internal Financial Control Manager to join their West London business in a permanent position. The Internal Financial Control Manager is responsible for providing independent and objective assurance over the effectiveness of internal controls, risk management, and governance processes within this media organisation.
The role has a strong focus on media-specific risks, including content production and acquisition, advertising revenue recognition, digital platforms, intellectual property rights, data protection, and regulatory compliance.
Duties of the Internal Financial Control Manager include:
1. Develop and implement a risk-based annual internal audit plan aligned with the organisation's strategic objectives and the evolving media landscape.
2. Conduct enterprise-wide risk assessments covering content creation, acquisition, distribution, advertising, digital platforms, and technology.
3. Consider emerging risks such as digital transformation, audience data privacy, cybersecurity, and regulatory changes affecting media operations.
4. Lead and supervise internal audits across financial, operational, compliance, and IT processes.
5. Perform audits related to content productions, acquisition costs, advertising sales, media buying, digital revenue streams, royalties etc.
6. Ensure audits are conducted in accordance with IIA Standards and internal audit best practices.
7. Ensure compliance with IFRS, particularly standards relevant to media entities.
8. Identify control gaps, financial risks, and potential fraud or revenue leakage.
9. Identify and assess key risks specific to the media industry.
10. Evaluate the effectiveness of internal controls and risk mitigation strategies.
11. Support the enhancement of the organization's enterprise risk management (ERM) framework.
12. Prepare clear and actionable internal audit reports highlighting findings, risks, root causes, and recommendations.
13. Present audit results and risk insights to senior management and the Audit Committee.
14. Provide advisory support to management on strengthening controls while maintaining operational flexibility and creativity.
15. Monitor the timely implementation of audit recommendations and corrective action plans.
16. Lead, mentor, and develop internal audit and control staff.
17. Build effective working relationships with editorial, production, sales, technology, legal, and finance teams.
Requirements for the Internal Financial Control Manager include:
18. Qualified ACA/ACCA/CIA
19. Minimum 7-10 years of experience in internal audit, internal control, or risk management preferably within media, entertainment, broadcasting, or digital content industry.
20. 3-5 years in a managerial role.
21. Strong knowledge of internal audit standards (IIA) and COSO internal control framework.
22. Strong working knowledge of IFRS
23. Ability to balance control requirements with the fast-paced and creative nature of media operations.