Description of Role
- Direct and oversee all financial activities, to include the preparation of current and forecast financial reports.
- Develop and implement best in class controls and procedures.
- Actively engage with cross functional teams to support the group business objectives.
Duties and Responsibilities
- Support the Group FD in the preparation of budgets (zero based and scenario), monthly management information pack, forecasts and statutory reporting all in a timely and accurate manner. This includes 3 UK trading entities, and a consolidation including foreign trading companies within a 5-day reporting calendar.
- Contribute to the achievement of the company objectives by providing advice and guidance on financial strategy, pricing margin, bid modelling.
- Oversees all accounting procedures and systems used by the Company.
- Review reports and analyse projections and long-term trends of sales and income, PPV, standard costs and overheads against actual figures and suggest methods of improvement. Hold monthly meetings with management to discuss the budgetary position and agree action plans where required, monitor and followup.
- Investigate variances against budgets and provide insightful analysis of differences with follow up action plans.
- Maintain and report daily cash monitor and regular cash forecasts. Maintain regular bank reconciliations and cash posting.
- Preparation of payments.
- Perform and maintain month end control accounts for Accounts Payable, Receivable, VAT, Fixed Assets, Intercompany and general ledger. Undertake and monthly reporting to banks including Invoice Discount account reconciliations.
- Credit Control, including follow up of outstanding debts and overseeing of invoicing.
- Maintain vigil on stock control and valuation.
- Preparation the quarterly VAT return and PAYE compliance.
- Oversee monthly and fortnightly payroll.
Skills / Attributes Required
Qualified Accountant, ACA, ACCA or CIMA with PQE gained in a manufacturing environment
- Familiar with Group Accounting including consolidations and cashflow management
- Experience of Zero Based Budgeting would be an advantage
- Strong staff management skills.
- Experience of working at a senior level within finance.
- Excellent communication and team working skills with the ability to work with and influence others within a culture of Continuous Improvement.
- Strong IT skills including job costing systems and Microsoft Office.