Managing Divisional Budgets Partner with the relevant Division Heads and Finance Directors to ensure the full P&L budgets for the Divisions worldwide are appropriately managed. This includes working with regional counterparts as appropriate to ensure consistency. Prepare the Divisions’ annual financial plans working in conjunction with Division Heads, Finance Directors, Department Heads and all other relevant stakeholders. Ensure accurate monthly accounting and forecasting, working closely with ... more details
ABOUT SOTHEBY'S
Established in 1744, Sotheby’s is the world’s premier destination for art and luxury. Sotheby’s promotes access to and ownership of exceptional art and luxury objects through auctions and buy-now channels including private sales, e-commerce and retail. Our trusted global marketplace is supported by an industry-leading technology platform and a network of specialists spanning 40 countries and 70 categories which include Contemporary Art, Modern and Impressionist Art, Old Masters, Chinese Works of Art, Jewelry, Watches, Wine and Spirits, and Design, as well as collectible cars and real estate. Sotheby’s believes in the transformative power of art and culture and is committed to making our industries more inclusive, sustainable and collaborative.
THE ROLE
The Senior Finance Manager is responsible for partnering with relevant Finance Directors, Department and Division Heads to ensure appropriate P&L and balance sheet management. The Senior Finance Manager will fulfil this for the global Operations and Product & Tech Divisions, including global capex and leases.
They will develop and review relevant, timely and reliable management information that complements and enhances the business strategy, goals and objectives. They will seek to drive improvement by providing insight into the financial implications of business decisions and activities.
RESPONSIBILITIES
Managing Divisional Budgets
- Partner with the relevant Division Heads and Finance Directors to ensure the full P&L budgets for the Divisions worldwide are appropriately managed. This includes working with regional counterparts as appropriate to ensure consistency.
- Prepare the Divisions’ annual financial plans working in conjunction with Division Heads, Finance Directors, Department Heads and all other relevant stakeholders.
- Ensure accurate monthly accounting and forecasting, working closely with Finance Analysts, the Heads of Departments and relevant stakeholders. This includes global real estate, capex and lease accounting according to US GAAP.
- Ensure appropriate processes are in place for departments to effectively manage and control their expenditure, and ensure they are followed.
- Ensure all Department and Division Heads clearly understand the financial implications of business decisions.
Supporting Division Heads in strategy development
- Develop appropriate models for evaluating and measuring financial performance and provide analysis as needed.
- Support Division Heads and Finance Directors in continual improvement of processes/costs
- Communicate financial performance and any finance related metrics and key performance indicators periodically
Supporting Global Finance
- Responsible for allocated Balance Sheet reviews, ensuring content is appropriately explained and investigated
- Participate in global audits as relevant
- Provide ad hoc analysis for leadership to support new initiatives
- Ensure journal entries are approved in accordance with Corporate Policy
- Preparation and review of account reconciliations on a timely, accurate, and diligent standard
- Ensure quarterly Corporate Schedules are accurate and submitted to Corporate Controller’s Group within set deadlines, as relevant
- Ad hoc projects and initiatives
People
- Manage of Finance Analysts supporting the same divisions
- Create opportunities for professional growth for direct reports
IDEAL EXPERIENCE & COMPETENCIES
- 8 Years Experience Required
- Certified Public Accountant or Chartered Accountant Required
- Experience in lease and fixed asset accounting
- Excellent communication (written and spoken) and interpersonal skills to build positive relationships both within finance and with stakeholders at all levels
- Proven team management skills
- Excellent computer skills including Excel
- Experience of SAP a plus
- Some knowledge of Sotheby’s or the art industry, its culture and services beneficial
The proposed base salary for this position ranges from $110,000-$125,000. In addition to base salary successful candidates are eligible to receive a discretionary bonus, as well as a competitive benefits package. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, licensure or certifications obtained. Market and organizational factors are also considered.
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The Company is an equal opportunity employer and considers all applicants for employment without regard to race (including, without limitation, traits historically associated with race, such as natural hair, hair texture, and protective and treated or untreated hairstyles), color, creed, religion, sex, sexual orientation, marital or civil partnership/union status, national origin, age, disability, pregnancy, genetic predisposition, genetic information, reproductive health decision, sexual orientation, gender identity or expression, alienage or citizenship status, domestic violence victim status, military or veteran status, or any other characteristic protected by federal, state/province or local law. The Company complies with applicable state and local laws prohibiting discrimination in employment in every jurisdiction in which it operates.
