Job Description
We are News UK: One of the leading media businesses in the UK and Ireland, our news brands include The Times, The Sunday Times, The Sun, The Sun on Sunday and The TLS. Our national broadcast brands include talkSPORT, Times Radio, Talk Radio and Virgin Radio UK, and we have market-leading local radio stations across Ireland. Our world-famous brands provide news, analysis, opinion and entertainment to almost 40 million people each month. Spanning digital and print, audio and video, events and experiences, our brands are home to a plurality of opinion, representing the diverse communities we serve. News UK is wholly owned by News Corp.
Your Team: Our Finance team has a large part to play in the success of our business. We are based across a few locations, but operate as one team, and work together to create a positive, productive and highly efficient finance department within News UK.
Your Role: We are looking for a Management Accountant - Broadcast Costs to join the team on a 12-month fixed-term contract.
Role Objectives:
Financial Oversight:
1. Support Finance Manager with broadcast non-programming & production costs, ensuring consistent and efficient financial operations across all stations
2. Assist with the consolidation of station profit and loss (P&L) statements, providing detailed analysis and insights to business partners
3. Complete balance sheet reconciliations, ensuring accuracy and compliance
4. Monitor Programming expenses, identifying opportunities for cost optimisation
5. Calculate and report commercial bonus payments working closely on the target with revenue colleagues
6. Work closely with the Marketing teams to understand marketing plans and ensure spend is in line with budgets.
7. Own the intercompany elimination process
Reporting:
8. Assist in the preparation of weekly, monthly, and quarterly financial reports
9. Input into weekly results submitted to group reporting ensuring accuracy of reporting and clear commentary for all variances
10. Support the senior finance manager to drive new reporting streams to provide greater insight into cost trends with a focus on challenging cost areas such as casual management.
11. Headcount reporting
Strategic Planning and Audit:
12. Own the month-end process for cost remit and input into reporting of full P&L statements
13. Assist with programming budgets/forecasts
14. Support the year-end audit process, ensuring all requirements are met in a timely and professional manner
15. Business Partnering and Initiatives:
16. Collaborate with budget owners and other key stakeholders to provide financial insights and support cost optimisation across all broadcasting P&Ls.
17. Ensure business stakeholders are kept up to date with any over/under spends, and work closely to identify ways to ensure we meet budget expectations
18. Assist the Programming team with Presenter changes and sports rights bids
19. Provide ad hoc analysis and project support to enable the successful delivery of business objectives
20. Challenge assumptions provided by the business around cost changes
What we’re looking for from you:
21. Actively studying ACA, ACCA, or CIMA qualified with experience in a similar role
22. Proven track record in Management Accounting within the broadcasting or media industry
23. Commercially aware coupled with strong accounting skills
24. Strong analytical skills and attention to detail, with the ability to interpret complex financial data
25. Excellent communication and presentation skills, with experience presenting to senior stakeholders
26. Advanced proficiency in financial software and reporting tools
27. Ability to work independently
Life at News
Driven by passion, guided by principles and acting with purpose. We represent, reflect and reach the nation, telling the stories that matter. We inform our audiences so that they can make decisions based on trusted information.
We represent, reflect and reach the nation, telling the stories that matter most. To ensure these stories resonate with as broad an audience as possible, it is essential that our organisation reflects the diversity of the people we reach. Whether through age, gender, ethnicity, disability, social class or sexuality, we are committed to representing the rich variety of voices that make up our society. And we champion a culture where everyone has the opportunity to contribute and thrive as we continue to innovate and drive long term sustainable growth. This is done through our Diversity Strategy.
At News UK, we take pride in our exceptional employee-led networks that bring together individuals with shared interests and create a vibrant sense of community. We believe our networks play a vital role in fostering a collaborative and supportive work culture at News UK. Groups that we support include the African & Caribbean Network, Parents and Carers, and LGBTQ+ group News Is Out, and the Apprentice Society.
Benefits
Some of our benefits include:
28. Private medical insurance including coverage for pre-existing conditions
29. Discounted gym memberships, free ClassPass at Home, weekly in person/ virtual exercise classes
30. ‘Bikes for Work’ and ‘Electric Car’ scheme
31. Up to 60% discount on Harper Collins books
32. Maternity leave up to 18 weeks full basic salary & paternity leave up to 2 weeks
33. Access to exclusive events and competitions with exciting brands such as talkSPORT, Virgin Radio UK & The Times. Weekly virtual panel chats with top journalists and celebrities
34. Access to wellbeing benefitssuch as EAP, physio/massage and counselling
35. A generous pension scheme with employer contributions of up to 5%
36. Wide range of training available, plus full LinkedIn Learning
We want to ensure that everyone has the opportunity to perform to their best when applying for a role. If you would like to receive any information in a different way or for us to do anything differently to support you apply for any of our roles please contact us on careers@news.co.uk
About The Candidate
About The Company