1. Market Overview by Ryan Speed, Head of Finance Division
Contrary to the seemingly endless negative press coverage surrounding the recent global economic
situation the outlook within the media sector bucks the trend and seems cautiously optimistic. Organic
growth is taking place at the same time as sector consolidation. Public sector media restructure has
seen the closure of COI and the Financial Reporting Council being reduced to two departments from
the existing seven which seems to be the hardest hit by the economic climate and public sector
austerity. In particular we have seen activity within new media platforms thrive. Recently, Internet
platforms have seen an increase in investment, accounting for the lion’s share of UK advertising
expenditure. Publishing output has continued to improve, changes to the UK’s tax system and weak
pound have also seen an improvement in film production output and in general the feeling in the
market seems to be quietly confident. In terms of the effect these developments have had on hiring,
generally recruitment is being driven by churn rather than an investment in new roles and expansion.
UKPLC is still an attractive place to do business and our rock bottom interest rates remains a draw for
inward investment.
Whilst there are many reasons for the job seeker to remain cautious – indeed the bottleneck of senior
applicants which has persisted since the early days of the credit crunch remain despite many financial
reports stating otherwise – business intelligence has assisted with the streamlining of processes
enabling a leaner accounts department than previously possible. We at Impact have seen a marked
growth in the requirement for specialist recruitment agencies and our ability to focus on delivering top
talent to the jobs market. Finance departments now find themselves pressured even before the focus
on month and year end duties. The ability to work under pressure and the knack of bringing alive the
numbers and engage non-finance people remain elusive and sought after. This “commerciality” is now
inherent in most finance departments leading to increased demand for applicants able to engage on a
cross departmental level adding value to heads of department in obtaining buy in from their teams.
Predictions for the Second Half of 2013
As discussed, clients continue to hire. Confidence is slowly returning to the sector. There is a move to
recruit across all levels but with a focus on, commerciality and experience of enhancing the reporting
process by the introduction of better efficiencies, delivering change and transformation projects.
These individuals must come equipped with an engaging presentation style as they must be drivers of
change, selling in the benefits to others within the business. Never more has the finance function
required confident communicative individuals with developed specialist skills. Impact Finance wish to
further imprint ourselves as a consistent resource for the above talent over 2012/13.

2. Role Minimum salary (£) Maximum salary (£)
TRANSACTIONAL
Finance Clerk 16000 24000
Accounts Payable 24000 28000
Accounts Receivable 24000 28000
Accounts Assistant 22000 25000
AssistantAccountant 22000 25000
CreditAssistant 22000 26000
CreditController 28000 45000
REPORTING
Financial Accountant –PQ 22000 26000
Financial Reporting Accountant 35000 45000
AssistantManagementAccountant 24000 30000
ManagementAccountant 35000 45000
Treasury Manager 35000 45000
AssistantProduction Accountant 23000 32000
Production Accountant 35000 45000
MANAGEMENT
Head of Production Accounting 75000 85000
Accounts Payable Supervisor 28000 32000
Accounts Payable Manager 32000 38000
Accounts Receivable Supervisor 28000 32000
Accounts Receivable Manager 32000 38000
Head of ManagementAccounting 40000 50000
Royalties Accountant 24000 38000
Head of Royalties 38000 45000
Head of Financial Accounting 45000 70000
Finance Manager 40000 55000
Financial Controller 50000 70000
Finance Director 60000 100000
Head of Finance 65000 100000
CFO 90000 150000