Financial Controller

Reed Finance
05 May 2017
04 Jun 2017
Contract Type
Full Time
One of London's most Lavish club and casino with restaurant and bar opulently decorated in a very British regal style.

Job Description

To assist and support the Financial Director and accounts department with the production of accurate and timely accounts information to set deadlines to the standard required by the Company.

This job profile is not exhaustive and therefore the job holder may be required to perform such other duties as may be assigned by management from time to time.

Objectives & Goals
• To carry out your duties to the highest standards of efficiency in accordance with company policies and procedures.
• To achieve and maintain a good working knowledge of the PS Financial Accounting System.
• To ensure all department deadlines are met each period end.
• To ensure effective communication is achieved and maintained by you and with management and other departments and with external suppliers/customers.

Accounting Duties

• Preparation and distribution of the Casino Results Reports.
• Responsibility for managing and organizing the processing of the Casino’s daily banking which extends to all gaming transactions and company expense items.
• Analysis the company’s current cash position while preparing a daily cash flow with consideration to all gaming transactions and company expenses.
• Analysis of foreign currency bank accounts level with awareness to foreign currency market position and forecasted movements

Monthly duties:
• Responsibility and ownership for the preparation of the month end management accounts pack to be reviewed by the financial director including profit and loss account, balance sheet, gaming statistics, cash flow and debtor’s analysis.
• Production of departmental reports showing gross profit margins, overheads, debtors, etc.
• Maintenance of fixed assets registers.
• Manage company expenses for management extending to company credit cards, expense forms, etc.
• Management of company fleet cars expenses extending to London congestion charge, fine recharges, etc.
• Reconciliation of balance sheet items including bank accounts, inter-company accounts, contra accounts, internal management system to the accounting system, stock levels, aged debtors, aged creditors
• Support of accounts payable, review of Aged Creditors report and analysis suppler levels.
• Preparation and communication to related companies for debtors and creditors balances and the resolving of any issues as and when required
• Analyzing department’s performances considering gross profit percentages, revenues, costs of sales, seasonal trends and other influential factors for reporting to relating directors.
• Reconciliation of payroll spending for end of year audit purposes

Quarterly duties:
• Production of board report pack to be reviewed by financial director, including all management information remodeled into quarterly accounts.
• Production of quarterly returns for financial director extending to Gaming Duty, VAT etc.
• Preparation of gaming statistics to Director of Compliance/Company Secretary.

Annual duties:
• Assisting with the financial director regarding production of budgets.
• Preparation of statutory year end accounts to be reviewed by the financial director.
• Manage and co-ordinate year end external audit regarding statutory year end accounts
• Reconcile accounts upon year end closer including fixed assets, aged creditors, gaming debtors, etc

Accounting duties
• That accounting procedures are adhered to at all times.
• That month end reports and management accounts pack are produced upon deadlines.
• That year end accounting system procedures are correctly carried out.
• That department deadlines are met for each accounting period.
• That accounting information is efficient procedure and accurate.
• That work is presented clearly and professionally.
• That Directors and management are aware of current financial information.
• That the filing system is kept up to date.
• That process improvements are identified.
• That discrepancies managed and resolved.
• That operational issues are identified

Reed Specialist Recruitment Limited is an employment agency and employment business