DC Thomson is one of the leading media organisations in the UK. Still a privately owned and operated family firm, their interest in publishing began in the mid 19th Century, when William Thomson, a shipping entrepreneur, bought the Dundee Courier. Their breadth of interests has expanded over time and the DC Thomson Group now comprises 8 main trading companies operating across digital services, marketing, cloud services, education and premium gifting in addition to the core media businesses. Over the last century the company has continued to grow its interests in publishing and today includes Sunday Post, The Press and Journal, The Courier as well as magazines Shortlist, Stylist, The People’s Friend, My Weekly, Beano and annuals The Broons and Oor Wullie in its portfolio of media titles.
The company is headquartered in Dundee and maintains a base in Fleet Street. Globally, the portfolio companies operate from 21 different offices and employ 1700 staff. DC Thomson currently has four directors all of whom are descendants of the founder.
The company expects to see continued growth in new markets outside traditional media and in 2016-17 the company reported revenue of over £270m with a pre-tax profit of £38m. While revenues in the core publishing business have been affected by the digital media disruption, the company has re-organised its print business to operate efficiently into the future and is performing particularly well in comparison to its peers. The business continues to be open to new acquisitions and it is expected that their broader portfolio of managed and investment interests will grow.
Looking ahead to the future, DC Thomson will become a more diverse business and this journey is likely to include further reorganisation, rationalisation and significant M&A activity. The complexity of DC Thomson requires focussed support from the Group Finance function and a number of key finance leadership roles have been identified to shape and guide the function forward to meet the challenges effectively.
Of particular importance is the Head of Group Management Accounting position which will support the CFO and a centralised transactional team focussed on providing best-in-class service to both internal and external customers.
With a direct reporting line to the CFO, the Head of Group Management Accounting will be responsible for reporting on the commercial performance of the business and its subsidiaries with a strong focus on leading the full budgeting and forecasting process and providing board level stakeholders with high quality management information to aid decision making. Based in Dundee, the role will be responsible for an overall team of 9 with 6 direct reports and will be an active participant in the group finance senior leadership team. This role will be highly visible to a number of key stakeholders within the company and will have a hands on approach to business partnering with the different business units acting as the key link to group finance.
This is an exceptional opportunity to join an established and highly regarded business steeped in history and contribute to its future success by playing a key role in its development.
Key to success
The Head of Group Management Accounting will be a high calibre, commercially focused and qualified professional accountant who will already be working in a group function, or similar scaled environment, working at a senior level. The position will act as a key point of contact to the wider organisation as a whole so it will be critical that the successful candidate can demonstrate they have a hands-on ability at communicating to all levels of a business and are adept at influencing and presenting at board level.
At the heart of the role will be a focus on delivering positive change and continuous improvements around existing systems and processes which will require an individual of the highest calibre with the gravitas to inspire, lead and implement changes that will allow the business to meet future challenges effectively.
Essential criteria for consideration will also include strong IT literacy in relation to business intelligence products and exposure to group management reporting and consolidation processes with a proven ability to work under pressure to agreed deadlines.
The Head of Group Management Accounting primary responsibilities are to ensure the right Financial and Business Information is provided to the global business to support and drive commercial decisions.
Building strong relationships across the Group including the wider finance function, Group Services and divisional management teams will be the basis for effective business partnering in this role.
- Partnering with the business to provide P&L insights, track risks and opportunities
- Support decision making of the senior management team through provision of timely, accurate and meaningful monthly management financial reporting, and support the planning and forecasting processes
- Managing and supporting management accounts team with workflows, tasks and prioritisation
- Identifying talent and strengths within your team enabling potential to be realised
- Identifying opportunities for skills development, developing individual plans including two ICAS trainees
- Providing Group Finance support on key projects including
- Group Spend Review Projects
- Development of Reporting integrity
- Act as key interface with Group Auditors
- On-boarding onto AX shared services for business units not yet using the platform
- Support ongoing accounting for Parragon Books Division
- Leading or contributing to ad-hoc projects including business transformation initiatives
- Work collegiately with the wider group finance teams to ensure collaborative and collegiate working relationships
KNOWLEDGE, QUALIFICATIONS, SKILLS AND EXPERIENCE
- Management Accountant skill set honed through extensive practical experience
- Qualified professional accountant
- Practical experience leading a team of qualified and part qualified colleagues
- A diplomatic approach and the confidence to provide technical guidance support to team members and peers
- Positive role model for personal and professional development
- A grasp of financial governance issues
- Strong interpersonal skills and the confidence to communicate clearly, tactfully and concisely with a wide range of people at all levels
- Strong presentation, verbal and written communications skills
- Attention to detail and a well-organised approach to work
- The ability to prioritise conflicting priorities and to work well under pressure
Package on offer
Salary: Competitive salary DOE
Benefits: Car allowance, Bupa Cover, Company-paid health cash plan with Healthshield, Life Assurance 3 x base salary, defined contribution pension up to 9% employer for 6% employee and access to an additional superannuation fund after 1 years’ service. A range of other benefits are available to select to suit personal circumstances.
Annual Leave: 34 days per year (inclusive of all public holidays) + your birthday off after 1 years’ service.
All applications should be sent to our retained advisor Daryl Harper, iMultiply, at email@example.com
Please note any direct or third-party introductions will be sent to iMultiply for review and assessment