At a Glance
- Tasks: Lead financial operations, manage reporting, and support strategic decision-making.
- Company: Join a dynamic group with over £55 million turnover and an entrepreneurial culture.
- Benefits: Enjoy 25 days holiday, flexible work options, and a health cash back plan.
- Why this job: Be part of a fast-paced environment with growth opportunities and impactful decision-making.
- Qualifications: Must be ACA, ACCA, or CIMA qualified; team management experience is a plus.
- Other info: Office-based role with some flexibility for confidential tasks.
The predicted salary is between 43200 - 72000 £ per year.
The Group
A Finance Manager is required for a dynamic and growing group of businesses with a combined turnover of over £55million, operating across multiple sectors and locations. The group is known for its entrepreneurial culture, ambitious growth plans, and strong values. This is an exciting opportunity to play a key financial leadership role in a fast-paced and commercially driven environment.
Role Summary
As the Finance Manager you take ownership of the Groups financial operations, ensuring robust financial controls, accurate reporting and insightful analysis, as well manage the finance team. Supporting the General Manger and Owner, as well as working closely with the rest of the management team, you will provide strategic input to support the decision-making, growth initiative, and operational performance across the businesses.
Key Responsibilities
Reporting to the General Manager, your key responsibilities will include:
- Lead the preparation of monthly management accounts for all group entities.
- Oversee statutory accounts and liaise with external auditors.
- Ensure full compliance with UK accounting standards and tax regulations (VAT, Corporation Tax, PAYE, etc.).
- Maintain up-to-date knowledge of financial legislation and advise accordingly.
- Assess projects to decide whether they are suitable for investment.
- Monitor group cash flow, ensuring liquidity is optimised across entities.
- Provide variance analysis and commentary against budget and forecast.
- Support strategic planning and scenario modelling.
- Review trends in turnover and profit and give analyse to the Leadership team on the financial performance of the business.
- Analyse historical and current financial data to understand the companys financial status.
- Evaluate capital expenditures and depreciation.
- Develop predictive financial models to support organisational decision making.
- Analyse processes to identify gaps that can improve profit margins.
- Create written reports that enable management teams to make strategic decisions to meet business goals.
- Develop forecasting tools to automate financial data analysis.
- Weekly stock reconciliations.
- Responsibility for the preparation and submission of the weekly payroll and monthly salaries.
- Monthly submissions of P32s, pension contributions, VAT returns and invoice finance reconciliations.
- Annual preparation and submission of P11Ds and dividend vouchers.
- Maintaining FX currency contract balances.
- Profit and loss forecasting and any other reporting / forecasting to meet the needs of the Leadership team and other departments in the business.
- Preparation and distribution of weekly reports to Directors (Sales, Goods Received, Stock, Dashboard).
- Maintain financial security by following internal controls.
- Management and training of the Accounts Team, providing support as and when necessary and across the wider team.
- Work with and support the wider team to identify and implement improvement opportunities within the business.
Skills And Experience
- You must be fully qualified ACA, ACCA or CIMA.
- It would be advantageous if youve managed a team.
- Proven ability to lead a finance function in an SME, or mid-sized business environment.
- Commercially astute with excellent analytical and problem solving-skills.
- Strong interpersonal and communication skills able to influence non financial stakeholders.
- Team player.
- Efficient with good attention to detail and ability to work to deadlines.
- Proficient in Excel and experience of Sage 200/50 Payroll advantageous.
Benefits
- 25 days holiday, plus bank holidays. You can also have the opportunity to buy/ sell another 5 days.
- Birthday off, after one-year full service.
- Pension 5% contribution from employee and 3% contribution from employer
- Health cash back plan.
- Death in service x3 salary.
- Office based role, with some flexibility when doing confidential work.
To apply or for more information, please speak to Becki Moore at Westmoore
Recruitment.
Westmoore Recruitment are proud to be working in partnershipwith the employer
and are acting in the capacity of an Employment agency for this permanent
recruitment. #J-18808-Ljbffr
Contact Detail:
Westmoore Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Manager
✨Tip Number 1
Familiarise yourself with the specific financial regulations and standards relevant to the UK, such as VAT and Corporation Tax. This knowledge will not only help you in interviews but also demonstrate your commitment to compliance and accuracy in financial management.
✨Tip Number 2
Showcase your leadership skills by preparing examples of how you've successfully managed a finance team in the past. Be ready to discuss your approach to training and developing team members, as this is a key aspect of the role.
✨Tip Number 3
Research the company’s recent financial performance and growth initiatives. Being able to discuss their current projects and how you can contribute to their financial strategy will set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your experience with financial modelling and analysis tools, particularly in relation to predictive financial models. Highlight any specific software you’ve used, like Sage, to show your technical proficiency.
We think you need these skills to ace Finance Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance management, particularly in an SME or mid-sized business environment. Emphasise your qualifications (ACA, ACCA, or CIMA) and any leadership roles you've held.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the company's entrepreneurial culture and growth plans. Mention specific skills that align with the job description, such as financial analysis, compliance with UK accounting standards, and team management.
Highlight Relevant Skills: In your application, focus on key skills mentioned in the job description, such as analytical abilities, problem-solving skills, and proficiency in Excel. Provide examples of how you've successfully applied these skills in previous roles.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial for a Finance Manager role.
How to prepare for a job interview at Westmoore Recruitment
✨Know Your Numbers
As a Finance Manager, you'll need to demonstrate your financial acumen. Be prepared to discuss key financial metrics, recent trends in the industry, and how they relate to the company's performance. Brush up on your knowledge of UK accounting standards and tax regulations, as these will likely come up during the interview.
✨Showcase Leadership Skills
Since this role involves managing a finance team, it's crucial to highlight your leadership experience. Prepare examples of how you've successfully led teams in the past, resolved conflicts, or implemented improvements. This will show that you can not only manage finances but also inspire and guide your team.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills and strategic thinking. Think about past experiences where you had to analyse financial data to make decisions or improve processes. Be ready to explain your thought process and the outcomes of your actions.
✨Demonstrate Commercial Awareness
The company values a commercially astute candidate. Research the business and its sectors thoroughly. Be prepared to discuss how you can contribute to their growth initiatives and operational performance. Showing that you understand their market position and challenges will set you apart from other candidates.