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- Tasks: Lead the finance team and oversee daily financial operations.
- Company: Join a dynamic events and hospitality company in NW London.
- Benefits: Competitive salary of £65,000 with opportunities for growth.
- Why this job: Make a real impact on financial strategies and governance while working closely with the CEO.
- Qualifications: Professional finance qualifications and proven leadership experience required.
- Other info: Onsite position with a focus on both UK and international markets.
The predicted salary is between 39000 - 91000 £ per year.
Job Title: Head of Finance
Location: NW London (Onsite Position)
Sector: Events and Hospitality
Salary : £65,000
Role Overview:
The Head of Finance will play a critical role in overseeing the financial health and operational efficiency of the company.This individual will manage the day-to-day finance function, lead the finance team, and ensure financial strategies align with the company’s business objectives.Reporting directly to the CEO and Board of Directors, the Head of Finance will support the preparation of annual accounts, oversee compliance, and drive financial governance across both UK and international markets.
Key Responsibilities:
Financial Management and Oversight
- Manage and support the Financial Controller to ensure smooth daily operations of the finance function.
- Oversee and approve bank reconciliations, ensuring all financial records are accurate and up-to-date.
- Develop and implement financial strategies aligned with business objectives and growth plans.
- Prepare and present detailed monthly finance reports to the CEO and Board of Directors.
Compliance and Regulatory Governance
- Serve as the Compliance Officer, ensuring adherence to financial regulations, including VAT, payroll, and other statutory requirements.
- Act as the primary contact for annual financial audits, ensuring thorough preparation and compliance with audit requirements.
- Oversee regulatory governance and compliance in both UK and overseas markets.
Process Improvement and Efficiency
- Review existing financial processes and procedures to ensure they are fit for purpose.
- Identify and implement new, more efficient ways of working within the finance function.
- Manage financial systems and reporting processes to ensure seamless operations and accuracy.
Leadership and Stakeholder Management
- Provide strong leadership and mentorship to the finance team, fostering a culture of excellence and continuous improvement.
- Act as the key contact for banking providers, maintaining collaborative relationships.
- Collaborate with external auditors and stakeholders to prepare annual accounts and ensure financial clarity.
Key Skills and Qualifications:
- Proven experience in financial management and accounting, preferably within a fast-paced environment.
- Strong knowledge of financial regulations, including VAT, payroll, and compliance requirements.
- Professional finance qualifications (ACCA, CIMA, or equivalent).
- Demonstrated leadership experience with the ability to inspire and guide a team effectively.
- Exceptional communication skills, capable of presenting complex financial data to non-finance stakeholders.
- Strategic thinker with a proven ability to align financial strategies to business objectives.
- Experience managing financial operations in international markets is highly desirable.
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Head of Finance employer: COREcruitment
Contact Detail:
COREcruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Finance
✨Tip Number 1
Make sure to highlight your leadership experience in finance during any networking opportunities. Connect with professionals in the events and hospitality sector, as they can provide valuable insights and potentially refer you to open positions.
✨Tip Number 2
Stay updated on the latest financial regulations and compliance requirements, especially those relevant to the UK and international markets. This knowledge will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 3
Prepare to discuss specific examples of how you've improved financial processes in previous roles. Being able to articulate your experience with process improvement will set you apart from other candidates.
✨Tip Number 4
Familiarize yourself with the company’s financial strategies and objectives before the interview. Showing that you understand their business model and how finance plays a role in it will impress the CEO and Board of Directors.
We think you need these skills to ace Head of Finance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in financial management and leadership. Emphasize any relevant qualifications like ACCA or CIMA, and showcase your ability to align financial strategies with business objectives.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the events and hospitality sector. Discuss how your previous experiences have prepared you for the role of Head of Finance and how you can contribute to the company's financial health.
Highlight Compliance Experience: Since compliance is a key responsibility, be sure to mention any experience you have with financial regulations, audits, and governance. This will demonstrate your capability to serve as the Compliance Officer effectively.
Showcase Leadership Skills: Provide examples of how you've led finance teams in the past. Highlight your mentorship abilities and how you've fostered a culture of excellence and continuous improvement within your team.
How to prepare for a job interview at COREcruitment
✨Showcase Your Financial Expertise
Be prepared to discuss your experience in financial management and accounting. Highlight specific examples where you've successfully managed financial operations, especially in fast-paced environments.
✨Demonstrate Leadership Skills
Since the role requires strong leadership, share instances where you've led a finance team or mentored colleagues. Emphasize your ability to inspire and guide others towards achieving financial goals.
✨Understand Compliance Requirements
Familiarize yourself with financial regulations relevant to the UK and international markets. Be ready to discuss how you've ensured compliance in previous roles, particularly regarding VAT and payroll.
✨Prepare for Strategic Discussions
The Head of Finance will need to align financial strategies with business objectives. Prepare to discuss your strategic thinking process and provide examples of how you've developed and implemented successful financial strategies.
