Finance Director

Recruiter
Nicholas Associates
Location
Coventry, West Midlands
Salary
60000.0000
Posted
17 Jul 2017
Closes
15 Aug 2017
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time

Finance Director

Nicholas Associates Finance is working with a prestigious manufacturing business based in Coventry.

Reporting to the General Manager you will head a team of 5 direct reports.

Principal responsibilities

The Finance Director will be responsible for:

  • The preparation of monthly accounts, annual budgets and the efficient operation of the company's accounting and finance function.
  • Currency hedging and monitoring of risk positions.
  • Compliance with all statutory reporting requirements, and group reporting requirements including adherence to its Finance Manual and commercial operating limits.
  • Providing strategic input to the General Manager, senior management and the Board of Directors in support of the company's continued growth and development.
  • Development of full cost accounting; giving management a thorough understanding of the true cost of manufacturing, both material processing and overhead.
  • Development and roll out of departmental budgets.
  • Establishing relevant financial KPI’s.

Main Functions

  • Management of the accounts department comprising a Financial Controller and other staff as appropriate. Tasks undertaken by the accounts department include:

? Production of monthly financial and management accounts.

? Preparation of quarterly forecasts and annual budgets.

? Year-end accounts.

? Monthly reconciliations.

? Monthly stock and associated hedging reconciliations.

? Credit control.

? VAT returns.

? Payroll (monthly and weekly).

  • As part of senior management, advising the General Manager and management team on commercial and credit control/contractual matters.
  • Liaising with group Treasury on currency hedging and the head office finance function.
  • Monitoring trading risk limits and risk positions.
  • Managing the Company’s bank facilities.
  • Managing the Company’s software packages and networks, using external software management companies as appropriate.
  • Cheque signing.

Person Specification

The candidate must be a qualified CIMA/ACA/ACCA with experience of line management in a similar sized business. The candidate will probably be a graduate with a sound commercial appreciation of market operations. Ideally the candidate should be familiar with foreign currency accounting.

The candidate should be able to process large amounts of a data in a logical manner and to provide this information to management and the production and commercial departments in a timely manner.

Advanced knowledge of excel spreadsheets is essential.

Personal qualities of resilience, accuracy and the ability to quickly establish strong working relationships in a busy environment will be important.

Please forward your CV in the strictest of confidence.