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About The Role
We are seeking a skilled Technical Accountant to join our Group Finance team on a 6-month fixed-term contract (ASAP start). Based in Central London (hybrid working with 3 days in office), this role reports to the Senior Manager of Group Reporting & Technical Accounting. The successful candidate will focus on revenue accounting for our services-based business, ensuring full compliance with IFRS 15 (Revenue from Contracts with Customers) and group accounting policies. You will analyse complex client contracts, identify performance obligations, and implement appropriate revenue recognition methods. This role involves close collaboration with global service teams and the finance function to support accurate, timely financial reporting. The position requires the legal right to work in the UK.
Responsibilities
* Interpret and apply IFRS 15 standards: You will ensure that all revenue is recognised in accordance with these principles (e.g., identifying performance obligations, assessing control transfer, and properly accounting for contract assets/liabilities.
* Technical accounting documentation: Prepare and review detailed accounting memos, journal entries, and schedules related to revenue contracts. Document accounting treatments for new contracts or contract modifications under IFRS 15.
* Financial close and reporting: Support the monthly, quarterly, and annual close processes by ensuring accurate recording of revenue and related balances.
* Audit and stakeholder support: Provide timely and clear technical explanations to internal stakeholders and external auditors on revenue accounting. Respond to audit queries regarding contract accounting and revenue recognition, and ensure supporting documentation is maintained.
* Revenue Controls: Provide input into the design of controls and central processes around IFRS 15 compliance.
* Support group team in other accounting areas: Assist with other accounting areas such as IFRS 16 (Leases) and IFRS 2 (Share-based Payments), ensuring consistent treatment and compliance across the group.
About You
The essentials:
* Accounting qualification: ACA/ACCA/CIMA qualified with strong post-qualification technical accounting experience.
* Standards expertise: In-depth knowledge of IFRS 15, with exposure to other accounting standards like IFRS 16 and IFRS 2.
* Industry background: Services, digital media, advertising, consulting or technology services experience is desirable.
* Analytical skills: Advanced Excel and strong financial analysis abilities.
* Communication: Clear communicator, able to simplify complex technical issues.
* Personal attributes: Proactive, detail-oriented, and deadline-driven.
* Eligibility: Must have the right to work in the UK.
Contract Details
* Location: Central London (Hybrid: 3 days in office).
* Contract: 6-month Fixed Term Contract, start date ASAP.
* Reporting line: Senior Manager, Group Reporting & Technical Accounting.
* Salary: Market competitive.
At Monks, we believe in fostering an environment where a diversity of perspectives can thrive. We proactively work to design hiring processes that promote equity and inclusion while mitigating bias. We celebrate diversity and are committed to building a team that reflects the communities we serve. We welcome and encourage qualified applicants from all backgrounds who are excited to contribute to our mission.
About Monks
Monks is the global, purely digital, unitary operating brand of S4Capital plc. With a legacy of innovation and specialized expertise, Monks combines an extraordinary range of global marketing and technology services to accelerate business possibilities and redefine how brands and businesses interact with the world. Its integration of systems and workflows delivers unfettered content production, scaled experiences, enterprise-grade technology and data science fueled by AI—managed by the industry's best and most diverse digital talent—to help the world's trailblazing companies outmaneuver and outpace their competition.
Monks was named a Contender in The Forrester Wave: Global Marketing Services. It has remained a constant presence on Adweek's Fastest Growing lists, ranks among Cannes Lions' Top 10 Creative Companies and is the only partner to have been placed in AdExchanger's Programmatic Power Players list every year In addition to being named Adweek's first AI Agency of the Year (2023), Monks has been recognized by Business Intelligence in its 2024 Excellence in Artificial Intelligence Awards program in three categories: the Individual category, Organizational Winner in AI Strategic Planning and AI Product for its service Monks.Flow. Monks has also garnered the title of Webby Production Company of the Year, won a record number of FWAs and has earned a spot on Newsweek's Top 100 Global Most Loved Workplaces 2023.
We are an equal-opportunity employer committed to building a respectful and empowering work environment for all people to freely express themselves amongst colleagues who embrace diversity in all respects. Including fresh voices and unique points of view in all aspects of our business not only creates an environment where we can all grow and thrive but also increases our potential to produce work that better represents—and resonates with—the world around us.