Finance Director

Recruiter
ITSS Recruitment
Location
Northampton
Posted
13 Mar 2019
Closes
31 Mar 2019
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
Financial Controller

To 90 k

Northampton

Our client, based in Northampton, is recruiting for a Finance Director to head the finance team.

Financial Accounting

● To be responsible for the filing of timely and accurate statutory accounts, in conjunction with external accountants

● Ensuring compliance with all financial policies and procedures

● To be responsible for completion and filing of all other statutory filing requirements, including but not limited to VAT returns, EC Sales list and statistical returns

● Set up and maintain an appropriate nominal ledger structure to enable current and future reporting which is both compliant and useful

● Develop and maintain effective and efficient financial controls to ensure accuracy of book-keeping entries

● Leading on the annual audit

Cash Management & Treasury

● Monitoring and forecasting of working capital to ensure that sufficient funds are available to meet ongoing operational and capital investment requirements

● Manage debtors, assessing risks to minimise bad debts

● Pay creditors to optimise cash position whilst maintaining effective supplier relationships

● Assignment of additional funds to treasury accounts

Targets & KPIs:

● Minimum cover of 1 month’s trading (including overdraft)

● Maximum cover of 2 month’s trading

Operational Accounting

● Ensuring the integrity of the accounting information, producing accruals, prepayments and other journals as appropriate

● Control and reconciliation of all Balance Sheet accounts

● Reconciliation of intercompany trading accounts

● Maintain the list of fixed assets and related depreciation

● Oversee Finance processes including set up of new clients

● Dealing with general client and other queries escalated by Finance team

● Running of monthly payroll, PSA and PAYE reporting and control

● Pensions reporting

● Assisting employees with salaries / wages and PAYE related queries

● Providing cover for other team members

Business Analysis & Management Reporting

● Financial analysis within the business to identify cost saving, new opportunities and advise on strategic direction

● Proactively generating Report on the following, monthly

○ Expense vs Budget report for each department and analysis of variances

○ Adjusted P&L for the business

○ Report on adjustments made and reasons

○ Agreed KPIs for fulfilment centre

■ Productivity

■ Variable Costs ○ Validation of department KPIs

● Provide support and ad hoc reports to management team as requested

● Advice to the business on financial implications of projects and proposed changes

● Business and cost analysis on the business

Management of the Finance team

● Line manager to the Finance team, setting clear objectives and KPIs for the team

● Coaching, development and recruitment of the Finance team

● Payroll reporting, disciplinaries and other related administrative duties

● Sickness, absence and attendance monitoring

Online accounting (Xero)

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