Established in 1744, Sothebys is the worlds premier destination for art and luxury. Sothebys 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. Sothebys believes in the transformative power of art and culture and is committed to making our industries more inclusive, sustainable and collaborative.
THE ROLE
This is a key role supporting the global Operations, Real Estate and Product & Tech divisions, including worldwide capex and lease management. You will partner with department heads on budget management. You can think analytically to support strategy management while being well versed in accounting standards. You will manage a team responsible for accounting and FP&A.
RESPONSIBILITIES INCLUDE
Managing Divisional Budgets
- Ensure accurate monthly accounting and forecasting, working closely with Finance Analysts, the Heads of Departments and relevant stakeholders. This includes providing variance analysis and overseeing accounting for global real estate, capex and leases according to US GAAP.
- Partner with the relevant Division Heads and Finance Directors to ensure the full P&L budgets for the Divisions worldwide are appropriately managed and communicated, with emphasis on identifying opportunities and risks.
- Prepare the Divisions annual financial plans working in conjunction with Division Heads, Finance Directors, Department Heads and all other relevant stakeholders.
- 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
- Provide analysis and develop appropriate models for evaluating scenarios and measuring financial performance
- Support Division Heads and Finance Directors in continual improvement of processes/costs
- Communicate financial performance and any finance related metrics and key performance indicators
Supporting Global Finance
- 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
- Prepare and review