About London Theatre Company

LTC is a new theatre producing company founded by Nicholas Hytner and Nick Starr with an emphasis on the production of new work. It is a commercial venture, backed by a small group of senior Venture Capital investors. Our intention is to create a culture, ethos and economic model that supports writers, directors, designers and actors to work at scale in a space that is complementary to those of the subsidised theatre and West End.

LTC’s first theatre, the Bridge Theatre, opened in October 2017, the first wholly new commercial theatre of scale to be built in London for 80 years. It has a stunning riverside location on the south bank of the Thames, right by Tower Bridge and five minutes’ walk from the transport hub of London Bridge station. It is designed by Haworth Tompkins, winners of the 2014 RIBA Stirling Prize for Liverpool’s Everyman Theatre. It has 900+ seats and can be configured in end-stage, thrust and promenade formats. It has premiered plays by, among others, Alan Bennett and Martin McDonagh.

LTC will open its second theatre in early 2022.

About the Role

We are looking for a committed self-starter to take ownership of financial reporting.  The successful candidate will ensure accurate, efficient and timely preparation of consolidated management accounts for submission to the board of investors; assist with maintaining a clean ledger and planning for audit; track cash actuals; and where appropriate implement systems to streamline budget management.

LTC is a rapidly growing company and the role is likely to change over the coming 12 months as work starts towards financing and construction of its second theatre. The candidate should be excited by this prospect, and be willing and flexible to undertake any necessary changes and expansions in the job role as required.  The role will suit someone who is excited by the idea of working in a fast-changing environment and having a hands-on approach to developing good internal controls, and being able and willing to implement process improvements.

The finance team currently consists of a part-time Finance Manager, a part time Production Accountant, a full time Finance and Payroll Officer, a full time Purchase Ledger Clerk and a Director of Finance, so it is a great opportunity to participate in the company and be really hands-on, driving the role forwards to suit the needs of the company.

Responsible to: Director of Finance and Administration

Salary: £50-£55k (FTE) per annum dependent on experience

Contract: Part time (3 days per week). A full time role could be explored for the right candidate.

Probationary Period: 4 Months

Notice Period: 3 months

Terms: Usual working hours are 10.00am to 6.30pm with half hour unpaid break for lunch but flexible working will be expected as necessary.

Holiday: 28 days (including bank holidays), pro rated

Responsibilities and key activities

• Preparation of monthly consolidated management accounts for the group’s five entities. This includes running P&L and BS actuals and preparing cash actuals for the month to show how cash has been spent. Correction of any mis-coded items.
• Supporting the Finance Manager with month-end journal postings which could include accruals, prepayments, deferred income etc.
• Maintaining a working Excel document to track the rolling P&L forecast with monthly actuals to get a full year forecast for the management accounts.
• Updating the rolling cashflow forecast on a monthly basis to enable close prediction of cashflow requirements. This will require building and maintaining a complex Excel document.
• Set up management accounts for key budget holders to help them track their spend against budget. This will involve identifying individual needs of budget holders and building reporting to meet their requirements. 
• Arrange meetings with budget holders on a regular basis to support them and help them improve their internal financial controls.
• Support the Director of Finance and Administration with full consolidated budget preparation.
• Support the Finance Manager for the annual audit process.
• Be a support and mentor to junior members of the finance team.
• Consider improving processes, driving and implementing new software and making all processes more timely, efficient and paperless.

Person specification

• Self-motivated with an ability to work flexibly and under pressure
• Qualified accountant (preferably CIMA) with 2+ years PQE
• Experience of preparing consolidated management accounts having seen it working smoothly in a previous organisation, which you can implement in LTC.
• Demonstrable experience of advanced Excel skills including building and maintaining complex multi-tab working documents.
• Strong desire to help improve the current reporting processes, and a passion for helping people who are unfamiliar with finance processes to manage their budgets.
• Excellent verbal communication skills.
• Experience using Xero or similar accounting packages.
• Have good organisation and time management skills.
• Ability to work under pressure with strong attention to detail.
• Ability to work using own initiative.
• Proactive approach to solving problems and able to minimise errors
• Good team player with the ability to multi-task.
• Willing to learn and develop with the company.
• Positive outlook and desire to work in a fast moving and changing environment.