The Spectator
Finance Manager
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About the Company
Old Queen Street Ventures Ltd (OQS Media) is a privately owned digital publishing and media business. The company owns and operates several respected media brands including: The Spectator, UnHerd and Apollo Magazine. It also runs the Old Queen Street Café and CoEditor, a publishing technology startup. With the recent acquisition of The Spectator, one of Britain's most iconic media brands and the world's oldest magazine, OQS Media has significantly expanded its reach.
About the Role
We are looking for someone with strong technical skills to support the group through its continued growth. The role requires someone who is happy to be in the office five days a week, with the potential to work from home on Fridays in the future.
The Finance Manager will be a key member of the Finance team, providing experienced financial management, analysis and business partnering support across the business. This person will take ownership of defined areas, working independently and with limited supervision.
Key Responsibilities
Financial Planning & Analysis (FP&A)
- Lead FP&A activities for designated areas of the business
- Analyse actual performance against budget and prior periods, identifying key trends, risks and opportunities
- Provide meaningful financial commentary to support business decision-making
- Assist in developing financial models to assess strategic and operational decisions including scenario analysis
- Identify potential areas of financial risk and work with stakeholders to develop appropriate actions
- Support the annual budgeting process and the production of forecasts including cash flow
Business Partnering
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- Act as a Finance business partner to designated departments across the business
- Build effective working relationships with department heads
- Provide regular financial reporting and insight to non-Finance stakeholders
- Challenge assumptions and expenditure where appropriate and support department heads to identify opportunities to improve financial performance while managing costs
- Develop a strong understanding of the operational drivers of the areas supported
- Work with the Commercial team to ensure timely debt collection
Accounting
- Take ownership of monthly reporting for designated areas of the business including balance sheet reconciliations
- Ensure that financial information is accurate, timely and clearly presented
- Investigate significant variances, provide clear explanations and make recommendations
- Support the preparation of Group and management reporting
- Raise invoices to Commercial advertisers and reconcile the Commercial billing system (AdPoint) with the accounting system (Xero)
- Provide regular updates and reports on aged debts and proactively chase overdue invoices
- Be the first point of contact during the audit for designated areas
Financial Control & Processes
- Take ownership of defined financial processes and ensure they operate effectively
- Support the Financial Controller in implementing financial processes and systems
- Identify opportunities to improve financial processes, controls and reporting
- Work with other Finance team members to ensure alignment of financial processes and controls across the group
Other Responsibilities
- Support the Financial Controller, Senior Finance Manager and CFO with ad hoc financial projects, in particular AI implementation
- Assist with Group-wide financial projects and initiatives
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Requirements
- Qualified Accountant (ACA/CIMA/ACCA or equivalent)
- 3-5 years' post-qualified experience in a relevant Finance / Audit environment
- Demonstrable experience of FP&A, including budgeting, forecasting and variance analysis
- Ability to communicate financial information clearly to non-Finance stakeholders
- End to end month end reporting including balance sheet reconciliations
- Ability to work independently and take ownership of areas of responsibility with limited supervision
- Strong commercial awareness and ability to understand the financial implications of business decisions
- Excellent analytical and problem-solving skills
- Strong Excel/financial modelling skills
- Strong attention to detail and commitment to accuracy
- Ability to manage competing priorities and work to deadlines
Desirable
- Experience of working within a subscription-based business
- Experience working in media, publishing or an equivalent industry
- Experience working across multiple business units or businesses selling globally
- Experience using Xero accounting system (or equivalent)
- Experience using AdPoint (Commercial advertising management platform)
- Experience of improving financial processes or controls, including implementing AI
Benefits
- Salary dependent on experience
- 5% Employer Contribution Pension Scheme
- Private medical insurance
- All staff receive generous discounts at our Company restaurant, as well as free breakfast and fruit
- Cycle to work scheme
- Interest free season ticket loan
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