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- Tasks: Lead a finance team, manage financial operations, and ensure compliance.
- Company: Join Element Lab Solutions, a leading supplier with 40 years of experience.
- Benefits: Competitive salary, hands-on role, and opportunities for professional growth.
- Why this job: Make a real impact in a dynamic finance environment and support a growing team.
- Qualifications: Proven finance experience, part-qualified ACCA or CIMA, and strong Excel skills.
- Other info: Immediate start available; must be within commutable distance to Strathaven.
The predicted salary is between 36000 - 60000 £ per year.
Element Lab Solutions UK has an opportunity for a new Finance Team Leader to join our Strathaven team on a full-time basis. This role is critical in ensuring the smooth running of all financial operations including finance team and business support, month-end reporting, VAT and statutory compliance. Reporting to the UK & Ireland Lab Solutions Finance Manager.
The successful candidate will be hands-on, detail oriented, proficient in excel and SAGE, with strong accounting knowledge.
Responsibilities- Maintain accurate financial records and ledgers
- Lead finance team of 3 and support them to resolve day to day queries
- At busy times process invoices, payments, and receipts
- Authorise payment runs, track cash requirements and prepare cash flow forecasts
- Review credit control work of team and assess bad debt provision requirements
- Providing expenditure analysis vs. budget/forecast, highlighting variances and contributing to cost control
- Prepare financial analysis for internal stakeholders to aid decision making – eg IT spend, capex tracking, functional P&Ls, activity costing
- Support finance manager with annual budget and monthly forecasting process
- Manage accruals, prepayments, payroll and all other journal entries
- Manage and maintain the fixed asset register, including tracking acquisitions, disposals, and calculating and posting monthly depreciation
- Manage and process all intercompany recharges and reconciliations
- Prepare monthly balance sheet reconciliations
- Prepare monthly payroll reconciliation
- Prepare monthly management accounts with commentary and analysis
- Ensure timely and accurate reporting to senior management
- Prepare and submit VAT returns in line with HMRC requirements
- Prepare postponement VAT reconciliations and postings
- Upload pension information and update pension/medical for new starts
- Support finance manager with subsidiary stats audit and tax pack information
- Respond to audit and tax requests and ensure compliance with internal controls
- Proven experience in a similar finance role
- Part-qualified ACCA or CIMA
- Strong knowledge of UK accounting standards and VAT regulations
- Proficiency in SAGE accounting software desirable
- Excellent attention to detail and organisational skills
- Ability to work well in a team environment and being adaptable to meet deadlines
- Strong Excel skills essential
You must have the right to live and work in the UK and live within commutable distance to Strathaven.
Finance team leader employer: Crawford Scientific (UK) Ltd
Contact Detail:
Crawford Scientific (UK) Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance team leader
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance industry, especially those who might know someone at Element Lab Solutions. A friendly chat can sometimes lead to a referral, which is always a bonus!
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of SAGE and UK accounting standards. We want you to show off your skills and confidence, so practice answering common finance-related questions and think about how your experience aligns with the role.
✨Tip Number 3
Don’t forget to showcase your leadership skills! As a Finance Team Leader, you’ll need to demonstrate how you’ve successfully managed teams in the past. Share specific examples of how you’ve supported your team and resolved challenges.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at Element Lab Solutions.
We think you need these skills to ace Finance team leader
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Finance Team Leader role. Highlight your experience with financial operations, team leadership, and any relevant software like SAGE. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team. Mention specific experiences that relate to the responsibilities listed in the job description. We love a good story!
Show Off Your Excel Skills: Since strong Excel skills are essential for this role, don’t forget to mention any advanced functions or projects you've worked on. If you’ve created complex spreadsheets or reports, let us know – we’re all about those details!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get the best experience. Plus, it shows you're keen to join our team at Element Lab Solutions!
How to prepare for a job interview at Crawford Scientific (UK) Ltd
✨Know Your Numbers
As a Finance Team Leader, you'll need to demonstrate your strong accounting knowledge. Brush up on key financial metrics and be ready to discuss how you've used them in past roles. This shows you’re not just familiar with numbers but can also interpret them effectively.
✨Excel Skills on Display
Since proficiency in Excel is essential for this role, prepare to showcase your skills. Consider bringing examples of spreadsheets or analyses you've created. You might even be asked to solve a problem on the spot, so practice common functions and formulas beforehand.
✨Team Leadership Insights
You'll be leading a team of three, so think about your leadership style and how you support your team. Be ready to share specific examples of how you've resolved conflicts or helped team members grow. This will highlight your ability to foster a positive work environment.
✨Compliance Knowledge is Key
Familiarise yourself with UK accounting standards and VAT regulations, as compliance is a big part of the role. Prepare to discuss any relevant experiences you have with audits or tax submissions, and how you ensured compliance in your previous positions.