Junior Finance Manager CapEx & Technology

News UK

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profile Job Location:

Peterborough - UK

profile Monthly Salary: Not Disclosed
Posted on: 30+ days ago
Vacancies: 1 Vacancy

Job Summary

Your Team:As a Junior Finance Manager - Capex & Technology you will be an integral part of the Management Accounting team reporting to the Senior Finance Manager for Shared Costs while collaborating closely with the Head of Finance for Technology in London.

Your Role:This is an exciting opportunity to own the capital expenditure (CapEx) process ensuring financial accuracy and robust cash management. You will act as a vital bridge between our onshore and offshore teams providing the financial insights that help shape the technological future of News UK.

Key Responsibilities:

  • Regular Capex review with stakeholders across Facilities Broadcasting and Technology ensuring robust control over cash spend and forecasting

  • Working closely with stakeholders across the business to review and challenge investment board forms ensuring that the meet technical accounting requirements and assessing return on investment

  • Oversight of monthly & weekly Capex reporting that is prepared by the offshore team to ensure stakeholders have timely information

  • Owning Sox controls processes for Capex and ensuring that Capex approvals policy is followed

  • Review of CapEx Assets Under Construction Reconciliations ensuring Offshore team are capitalising on a timely basis

  • Assisting with the review of Technology submissions and providing support to the Head of Finance Technology on OpEx and CapEx as required including local NUK and Global Tech cost and headcount management and reporting

  • Assisting with adhoc Technology analysis across OpEx & CapEx

  • Identifying opportunities for improvement and efficiencies within reporting particularly leveraging AI capabilities

Day to day you will:

  • Review weekly and month end submissions for Capex communicating any key under or overspends to the stakeholders and Senior FM as required

  • Be across project trackers and spend profiles that are prepared by the offshore team to ensure any over/under spends on cash are communicated to the Senior Finance Manager on a timely basis.

  • Prepare Cash budgets and forecasts based on conversations with stakeholders across Facilities Technology and Broadcasting to ensure numbers submitted are as accurate as possible.

  • Provide monthly commentary on Capex to inform Senior Finance Manager and stakeholders of cash positions and any risk areas

  • Provide commentary in the quarterly conference call deck on movements and trends in the quarter

  • Proactively prepare and analyse data for Technology to provide insights to the HOF Technology

  • Sign off on balance sheet reconciliations and submit in Blackline system

  • Understand all Capex Sox and approvals processes to ensure they are followed; challenge and highlight to the Senior Finance Manager if any instances where they are not being followed.

  • Proactively identify risks and opportunities within Capex & Technology OpEx/CapEx

  • Being main point of contact for CapEx audit requests ensuring supporting documentation is provided by Genpact

  • Management of Quarterly and Year End Capex cash position ensuring communication to Senior Finance Manager especially in the run up to year end to ensure no surprises

What were looking for from you:

  • Professional Qualification: You are an ACA ACCA or CIMA qualified accountant (or equivalent).

  • Analytical Insight: You possess the ability to transform complex data into clear actionable insights for the Head of Finance for Technology.

  • Communication: You can translate financial data into meaningful narratives for both finance colleagues and non-finance stakeholders.

  • Technical Growth: You have a proactive interest in mastering accounting rules regarding capitalisation and Fixed Assets.

  • Influence: You feel confident challenging stakeholders on their budget forecasts and month-end figures to ensure financial integrity.

News UK is one of the leading media businesses in the UK and Ireland. Our newsbrands include The Times The Sunday Times The Sun The Sun on Sunday and The TLS. Our national broadcast brands include talkSPORT Times Radio and Virgin Radio UK and we have market-leading local stations across Ireland. Our world-famous brands provide news analysis opinion and entertainment to almost 40 million people each month. Spanning print and pixel audio and video events and experiences our multi-format brands are home to a plurality of opinion representing the diverse communities we serve. Driven by passion guided by principles and acting with purpose we exist to promote a fair society freedom of speech and a little bit of fun. Rethinking continually the business of storytelling we represent reflect and reach the nation telling the stories that matter.

At News UK we embrace a hybrid work model currently requiring a minimum of three days per week in the office. This approach fosters collaboration innovation and team spirit within our workspace. Certain roles may necessitate additional in-office days; please discuss this with your recruiter for specific requirements.

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:

  • Private medical insurance including coverage for pre-existing conditions

  • Discounted gym memberships free ClassPass at Home weekly in person/ virtual exercise classes

  • Bikes for Work and Electric Car scheme

  • Up to 60% discount on Harper Collins books

  • Maternity leave up to 18 weeks full basic salary & paternity leave up to 2 weeks

  • 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

  • Access to wellbeing benefits such as EAP physio/massage and counselling

  • A generous pension scheme with employer contributions of up to 5%

  • Wide range of training available plus full LinkedIn Learning access

  • 25 days holiday plus bank holidays and up to 4 volunteering days per year

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 to apply for any of our roles please contact us on emailprotected.

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Your Team:As a Junior Finance Manager - Capex & Technology you will be an integral part of the Management Accounting team reporting to the Senior Finance Manager for Shared Costs while collaborating closely with the Head of Finance for Technology in London.Your Role:This is an exciting opportunity t...
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