Title: Markets Controller

Location: New York

Department: Finance

Reporting to: VP Operations NA (Operations) & Divisional Controller (Finance)

Salary: Up to $105,000 p.a

Key Relationships 
Ops - VP Operations, North America
Ops – General Managers (X3)
Ops - Market Finance & Administration support (X3)
Finance - Divisional Controller
Finance - Finance Director – Time Out Market

About the role

To oversee the BAU transactional accounting responsibilities for the three US Markets and provide key business partnering support to the General Managers and VP Operations, North America. This role requires a keen attention to detail, ensuring accuracy in the preparation of the monthly management packs, documenting business processes and accounting policies to maintain and strengthen internal controls and a “hands-on”, problem solving approach to managing the markets’ finances. The candidate will have the tenacity to provide key reporting insights by creating financial projections, budgets and forecasts to enable the VP of Operations to make informed decisions about the business.

Key Responsibilities

• Main day-to-day point of contact for the VP Operations North America, providing regular cost and control updates as well as responding to ad-hoc queries
  

• Working closely with the VP to produce financial projections & budgets for each market in a structured and ad-hoc basis
  
  
• Build, update and maintain financial models and reports to be used by VP, FC and FD for operational purposes and decision making
  
  
• Manage a rolling cash flow projection for the individual markets and work with the Finance & Admin support in each market to ensure an accurate projection
  
  
• Lead the Accounts Payable process for all three US Markets, working with the local Finance & Admin support to ensure that invoices are processed, paid and recorded in a timely manner whilst helping to drive improvements in AP processes
  
  
• Ensure Cost of Sales & Operating Expenses are accurate and accrual levels are set correctly on a monthly basis
  
  
• Drive processes, control and governance for the Finance & Administration support in each market, guided by the Divisional Financial Controller to determine best practice
  
  
• Presentation of monthly management information to the Divisional Controller and Finance Director
  
  
• Full Balance Sheet Reconciliations at Month End
  
  
• Payroll & Pension submission for NA staff, monthly analysis and reconciliations
  
  
• Sales Commision calculation and reporting

Minimum working schedule of 50 hours.

Skills & Experience

• Excellent written and verbal skills

• A strong knowledge of Excel

• Ability to set and manage priorities

• Ability to propose process improvements and implement efficiencies

• Ability to review work and self-check as needed with a keen attention to detail

• Ability to interact successfully with dynamic personalities

• Superior analytical, evaluative, and problem-solving abilities

• Ability to present problems and potential solutions

• Ability to articulate ideas to all areas of the business

• Experience in the hospitality industry

Preferred Skills

• Experience in SAP Business One, Vision, Concur and Ad Point (optional)

• Experience in a global company

What we look for in a candidate

Time Out is a company filled with individuals as diverse as the cities we live in and cover. At the same time there are common characteristics and values we all share. To join our team, you’ll want to… 

Be commercially astute

Either have experience at or want to dive headfirst into a fast-paced transformative company in pursuit of excellence

Think globally

Have excellent communication and relationship building skills

Have a high sense of ownership, urgency and drive

Be a team player

About our culture

At Time Out Group we believe in diversity and equal opportunity for all people. We do not discriminate against external or internal candidates on the basis of age; disability; gender, gender reassignment; race; religion or belief; sexual orientation; marriage and civil partnership; pregnancy and maternity. We believe that diversity develops creativity and enables personal and professional growth where we all learn from each other. We believe in an open culture where ideas are shared candidly and where there is no fear of failure, but rather an understanding that we must experiment and have the freedom to succeed. We believe that everyone has the right to express themselves as they are as this enriches us all. We believe in an open world, social justice, and the pursuit of happiness, after all, we are in the happiness business.


About Time Out Group plc

Time Out Group is a global media and hospitality business that inspires and enables people to explore and enjoy the best of the city.

It all began in London in 1968 when Time Out helped people discover the exciting new urban cultures that had started up all over the capital. Since then, this iconic brand has consistently maintained its status as the go-to source of inspiration for both locals and visitors alike.

Time Out Group has been named one of the Most Innovative Companies for 2020 by Fast Company - this prestigious annual list honours the businesses making the most profound impact on both industry and culture, showcasing a variety of ways to thrive in today’s fast-changing world. The Group comprises two highly synergistic business divisions: Time Out Media and Time Out Market.

Time Out Media’s digital and physical media proposition comprises websites, mobile, social media, print and live events. Across these platforms, Time Out distributes its high-quality content – written and curated by local expert journalists – around the best food, drinks, culture, art, music, theatre, travel and entertainment in 328 cities and 58 countries. The Company is monetising this global reach and its strong traffic from a desirable audience via digital and print advertising as well as e-commerce. Since its launch 50 years ago, Time Out has become a global brand that advertisers and consumers love and trust.

Time Out Market is a food and cultural market leveraging the Time Out brand to bring the best of the city under one roof: its best chefs, drinks and cultural experiences – based on the editorial curation Time Out has always been known for. The world’s first food and cultural market experience based wholly on editorial curation, Time Out Market captures decades of local knowledge, independent reviews and expert opinions. Everything that is being offered in Time Out Market must have been reviewed with four or five stars, and not one star less, by independent Time Out journalists.

The first Time Out Market opened in Lisbon in 2014 and is now Portugal’s most popular attraction with 4.1 million visitors in 2019. Following this success, four new Time Out Markets opened in North America in 2019 in New York, Boston, Montréal and Chicago, and we recently celebrated the opening of Time Out Market Dubai in April 2021. A further pipeline of other global locations includes Porto, Barcelona,Prague, Abu Dhabi, Cape Town and London.

Time Out is a dynamic, pioneering brand and so is our team. We want to work with the best and brightest talent because we work for the world’s greatest cities, the people enjoying them and the businesses in them. As a truly global team we get to collaborate with colleagues from New York to Paris, Tokyo and Sydney and beyond. It’s our integrity, passion, curiosity, creativity and openness that make us successful and a unique team.