---
title: 'Assistant Management Accountant at Right Formula LTD'
canonical: 'https://feeny.ai/job/assistant-management-accountant-right-formula-ltd-london-0mrec022jzfs'
type: 'job'
last_seen: '2026-09-09'
---

# Assistant Management Accountant at Right Formula LTD

- **Company:** Right Formula LTD
- **Location:** London, United Kingdom
- **Employment:** full-time
- **Work type:** hybrid
- **Posted:** 2026-06-11
- **Last confirmed live:** 2026-09-09
- **Apply:** https://jobs.lever.co/rightformula/40c01352-1dfc-4fe3-aa97-9ae3fc626453

## Job description

## About Right Formula

At Right Formula, we enable brands to push the limits of sports marketing through a unique blend of expertise, ingenuity and agility that we call the Right Formula. Our complete 360-degree service offering takes brands from partnership identification through to the delivery of fully integrated marketing strategies within Formula One and the wider sports ecosystem. With offices in the UK and the US, we partner with leading global brands to unlock growth through the power of sport.

## Role Overview

The Assistant Management Accountant ensures clean, accurate and well-governed Work-In-Progress (WIP) for all quoted projects and retainers, ensuring all costs are allocated accurately, revenue is recognised properly, billing plans are maintained, and project profitability is clearly visible. The Assistant Management Accountant acts as a key link between operational delivery and financial reporting, working closely with the Management Accountant, Financial Controller, Director of Operations, and Client Account teams.

## Key Responsibilities

WIP Management Maintain accurate WIP schedules across all client accounts, ensuring all jobs reflect the correct budget and actual costs, accrued costs, accrued and deferred incomeManage and track purchase orders, ensuring all third-party costs are correctly authorised and billed to clients where applicableAccurately track client funds held and the timing of planned future expenditure against these fundsPerform regular WIP reconciliations between Synergist and AccountsIQ, identifying and resolving discrepancies promptly

Billing & Revenue Management Own and maintain billing plans for all client jobs in Synergist, ensuring they accurately reflect contractual agreements, fee structures, and project milestonesPrepare and issue client invoices accurately and in a timely manner in line with billing schedules, fee agreements, and project milestonesLiaise with client account teams to obtain billing approvals and resolve any invoice queries promptlyMonitor and chase outstanding WIP to ensure timely conversion to revenue, maintaining accurate debtor visibility in AccountsIQAccountable for revenue recognition across all client jobs, ensuring income is recognised in the correct period and in line with Right Formula’s accounting policies

Reporting and Forecasting Provide accurate and timely job-level cost and revenue data to support the Management Accountant and Financial Controller with account profitability reportingAssist in the preparation of monthly management accounts by ensuring WIP and revenue data is accurate and complete in both Synergist and AccountsIQ and posting month-end journals as requiredSupport the Management Accountant with revenue forecasting by providing accurate and up-to-date revenue and billing pipeline data

Job Management Responsible for the financial setup of new client jobs in Synergist and AccountsIQ, including fee structures, phase types, billing plans, cost allocation categories, and revenue recognition approachSupport the onboarding of new clients into the finance and job management workflow in conjunction with the Director of Operations and client account teamsResponsible for closing completed jobs in Synergist in a timely and accurate manner, ensuring all costs are captured, revenue is fully recognised, and the job record is reconciled before closure

Systems Owner of finance data within Synergist, working alongside the Director of Operations who oversees broader system usage and operational configurationEnsure consistency of data between Synergist and AccountsIQ, supporting reconciliation and audit processes

## Skills & Experience Required

Previous experience in a WIP, billing, or financial operations role, ideally within an agency, consultancy, or professional services environmentGood understanding of billing processes, revenue recognition, and project-based financeStrong attention to detail and commercial awarenessExcellent communication and people skills, with the ability to build rapport, influence, and liaise effectively with staff at all levels across client account teams, operations, and finance.Proactive and organised, able to manage multiple jobs and deadlines simultaneouslyProficient in Excel and comfortable working with financial dataFamiliarity with job/agency management systems and cloud accounting platforms — experience with Synergist and AccountsIQ is desirable but not essential

## About Right Formula LTD

## Company Overview
- **One-liner**: Right Formula LTD is an award-winning, integrated global sports marketing agency that helps brands maximise the value of their partnerships with sporting teams and championships, with a leadership position in Formula 1.
- **Entity Type**: Private limited company (UK registered)
- **Headquarters**: London, United Kingdom (5 Riverlight Quay, Nine Elms Lane, London, SW11 8DX), with offices in the US and partners worldwide
- **Founded**: 22 July 2009 (UK incorporation date)
- **Founders**: Robin Fenwick (Founder & CEO)

## Core Business
- **Primary industry**: Sports marketing and sponsorship agency services
- **Target customers**: B2B — global brands seeking sports partnerships, hospitality and event activations; key clients include NEFT Vodka, Visa, Cash App Racing Bulls F1 Team, and NTT Data (via The Open)
- **Mission or purpose statement**: "To push the limits of sports marketing" — the agency describes itself as combining "expertise, ingenuity and agility" to help brands accelerate growth through the power of sport.

## Products & Services
- **Partnership Strategy & Identification**: Full-service identification and negotiation of sports partnerships, taking brands "from partnership identification through to the delivery of fully integrated marketing strategies."
- **Integrated Marketing Campaign Design & Delivery**: 360-degree planning and activation of partnership marketing, including creative, strategy, and on-the-ground delivery.
- **Events & Hospitality**: Management of premium hospitality and event experiences tied to major sporting properties (e.g., The Open golf championship, Formula 1 weekends).
- **Formula 1 Specialism**: Dedicated expertise in F1 team and championship partnerships, including client work for Cash App Racing Bulls F1 Team.
- **Global/Regional Delivery**: UK + US-based delivery with worldwide partner network, enabling locally-aware regional campaigns.

## Market Standing
- **Valuation/Market Cap**: Not publicly available (private company, small/medium size)
- **Key Metric**: Total Funding / Revenue — Not publicly available; no venture funding disclosed
- **Notable Investors/Partners**: NEFT Vodka, Visa, Cash App Racing Bulls F1 Team, NTT Data (The Open); UK Companies House lists company number 06969725, with last accounts filed up to 31 December 2024
- **Growth Signals**:
  - Established dual-market presence with UK and US offices
  - Active job postings across multiple functions (Account, Creative, Technology) — signals investment in expanding the team
  - Named an "award-winning" agency, with a stated leadership position in Formula 1 marketing
  - Broadening portfolio beyond F1 into events/hospitality (e.g., The Open)

## Competitive Advantages
- **Formula 1 leadership**: Described as "the leading agency in Formula 1," with deep relationships and domain expertise in one of the most valuable global sports properties.
- **360-degree integration**: Unlike niche sponsorship brokers, Right Formula offers the full chain — from partnership identification to creative strategy to hospitality delivery.
- **Independence & agility**: Independently-owned and entrepreneurial, allowing faster decisions and custom solutions compared to large network agencies.
- **Global-local delivery model**: UK headquarters plus US offices and worldwide partners give clients regional insight with global reach.

## Strategic Focus
- **Scale the Formula 1 franchise**: Deepen existing F1 client work while expanding into adjacent premium sports (Golf/The Open, hospitality).
- **Diversify services and clients**: Hiring across Product Design and Technology roles suggests investment in digital/creative product capabilities alongside traditional account management.
- **US market expansion**: The Managing Director, US (Ashlee Huffman) and remote US-based roles signal strategic priority on growing North American business.

## Why Work Here
- **Culture**: The agency describes itself as an "entrepreneurial, independently-owned agency in Sport" where employees bring "the world's biggest brands into the heart of the most thrilling sports."
- **Work model**: Hybrid roles available for most positions in London; some US-based roles are offered as Remote.
- **Current openings (at time of research)**: Account Director, Account Manager, Senior Account Manager, Senior Account Director (F1 hospitality), Product Designer, Creative Coordinator (12-month fixed term), and Account Manager roles in Hospitality & Events (F1).
- **Impact**: Opportunity to work directly on high-profile global sports partnerships (Formula 1, The Open) with major brands like Visa and NEFT Vodka.
- **Team environment**: Small, leadership-accessible structure with a visible Leadership Team and Board, promoting direct client ownership and cross-functional collaboration.
- **Location perks**: London office in Nine Elms/Vauxhall area, near the US embassy; US office presence offers transatlantic career mobility.

## Sources
1. [rightformula.com](https://www.rightformula.com/)
2. [jobs.lever.co/rightformula](https://jobs.lever.co/rightformula)
3. [rightformula.com/careers/](https://www.rightformula.com/careers/)
4. [rightformula.com/about/](https://www.rightformula.com/about/)
5. [Companies House - GOV.UK](https://find-and-update.company-information.service.gov.uk/company/06969725)

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