Financial Analyst at Sotheby’s

London, England, United Kingdom

Sotheby’s Logo
Not SpecifiedCompensation
Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Art, Luxury Goods, AuctionIndustries

Requirements

  • Bachelor’s degree in accounting, finance or similar
  • CIMA or ACCA qualified candidate preferred
  • Excellent communicator and team player
  • Detail-oriented, highly organized, and able to meet deadlines in a fast-paced environment
  • 2-3+ years of accounting or finance experience
  • Advanced Excel skills and proficiency in other core applications
  • Prior knowledge and experience in SAP a plus
  • Strong understanding of accounting, financial analysis, and data management
  • Ability to think analytically and autonomously

Responsibilities

  • Routine reporting and analysis of accounts receivable data, activity, roll forwards and ageing
  • In conjunction with a third party, produce regular borrowing base reports for the review and approval
  • Liaising with the accounts receivable team to support with cash application, invoicing requirements and cashflow movement
  • Prepare and record monthly journal entries in relation to financing transactions
  • Collate and consolidate client payment data to support cashflow management
  • Responsibility for the preparation of monthly cashflow forecasts and working capital analysis in accordance with the agreed corporate timetable for senior management review
  • Produce regular KPIs around cashflow management, accounts receivable and accounts payable
  • Providing various ad-hoc analysis as required within global finance and to the Global Head of Cash Operations
  • Make recommendations for process improvements, automation, reporting and analysis
  • Support audit activities and help ensure timely delivery of required documentation

Skills

Excel
financial analysis
accounts receivable
treasury
journal entries
balance sheet reconciliations
borrowing base reports
cashflow management
data management
reporting

Sotheby’s

Auction house for fine art

About Sotheby’s

Sotheby's is a global auction house that specializes in selling fine art, luxury items, and collectibles through live and online auctions, as well as private sales. The company provides online estimates to help sellers determine the value of their items, which is a key differentiator from competitors. Sotheby's holds auctions in major cities worldwide, attracting a diverse audience and ensuring a competitive market for high-end items. The goal is to connect buyers and sellers in the luxury market while offering a personalized and discreet experience.

New York City, New YorkHeadquarters
1744Year Founded
$4MTotal Funding
POST_IPO_EQUITYCompany Stage
Real Estate, Consumer GoodsIndustries
1,001-5,000Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Paid Vacation
Paid Sick Leave
Paid Holidays
401(k) Company Match
Professional Development Budget

Risks

NFT market volatility poses financial risks for Sotheby's digital collectibles sales.
Recent staff layoffs indicate potential financial instability or auction performance downturn.
The $100 million Breuer building acquisition could strain financial resources if unprofitable.

Differentiation

Sotheby's offers both live and online auctions, catering to diverse client preferences.
The company provides private sales for clients seeking privacy and exclusivity in transactions.
Sotheby's expertise in valuing rare items attracts high-end collectors and investors.

Upsides

Sotheby's collaboration with The Luxury Group offers unique luxury auction experiences.
The acquisition of the Breuer building enhances Sotheby's brand and auction venue prestige.
Sotheby's acceptance of cryptocurrency payments attracts crypto-wealthy buyers.

Land your dream remote job 3x faster with AI