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Finance Manager

Employer
VisionFR Limited
Location
UK
Salary
Competitive
Closing date
14 Jun 2021

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Sector
Accountancy
Contract Type
Permanent
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Job Details

Finance Manager

Design Agency

Salary Circa, £50,000 - £55,000

London

Role reports to the MD & Board

OVERALL JOB PURPOSE

The role of Finance Manager is a pivotal one with a need to build strong relationships both internally and externally.

The key objectives of the role are:
  • To contribute to the achievement of the company's business objectives by providing best practice advice on the financial management of the business.
  • To build a finance function in terms of people, processes and technology that supports business growth.
  • To provide financial insight ensuring that senior management have the information that they need in order to perform their roles. This will include a systems' review and is likely to result in the implementation of a new project accounting and management information software. You will be expected to take the lead role in this project.


KEY RESPONSIBILITIES

Management Accounting and Insight:
  • Provide insight into project performance so as to ensure that projects remain within budget, provide early warning when over-run is starting to occur and to calculate accrued and deferred income on a monthly basis.
  • Provide timely insight into the financial performance of the company along with recommendations of required actions.
  • Working closely with the Directors on expected monthly billing
  • Manage constant rolling 3 month cashflow forecast
  • Provision of monthly management pack for presentation and discussion at Board meeting.
  • Develop and control the company's annual operating budget to ensure that financial targets are met and financial and statutory regulations complied with

Leadership:
  • Play an active role developing financial skills and awareness within the business at all levels.
  • Effectively manage and develop members of the finance team (currently 1 finance assistant) including undertaking regular performance reviews.
  • Support, advise and guide the Board in a transparent and clear manner.

New Business:
  • Support the Directors with new business proposal budgeting
  • Help Directors with negotiation of new fees with new and existing clients
  • Track new business proposals

Commercial management:
  • Create and maintain relationships with finance teams from clients and suppliers
  • Monitor external contracts and services provided to clients and by suppliers to ensure that these are operating effectively and provide the best value to the company

Compliance:
  • Develop and maintain all necessary systems, policies and procedures to ensure effective and efficient financial management within the company
  • Carry out all necessary actions to ensure that the company meets its financial and legal obligations
  • Oversee the preparation of the company's financial accounts to ensure that these are presented accurately and on time
  • Any other activities which may be necessary to facilitate the smooth running of the business


EXPERIENCE REQUIREMENTS

Essential
  • Has worked as Finance Manager working within a Design Agency or in Media, Creative or Professional Services fields (with good understanding of project management, time-based fees and accrued & deferred income)
  • Experience of implementing finance / project accounting software
  • Experience of building finance capability within a business


QUALIFICATIONS
  • Fully qualified (either ACA, ACCA or CIMA) preferred; candidates Qualified By Experience will be considered


KNOWLEDGE/SKILLS:
  • Understanding of ways to enhance a company's performance
  • Knowledge of industry trends
  • Leadership and mentoring
  • Relationship building
  • Presentation
  • Problem-solving
  • Organisation
  • Team management
  • Negotiation


Due to the high number of anticipated applicants we will only contact those who have successfully applied with relevant sector experience and qualifications
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