At a Glance
- Tasks: Lead financial management and provide insights to enhance business performance.
- Company: Dynamic company with a collaborative team of 250 professionals.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Why this job: Make a real impact on financial strategies and drive business success.
- Qualifications: Accounting qualification, strong numeracy skills, and finance management experience.
- Other info: Opportunity for career growth and continuous professional development.
The predicted salary is between 28800 - 48000 £ per year.
The Finance Manager takes the lead in the financial management of the business and provides analysis and insight into financial performance. The role ensures that all aspects of the accounting function are conducted accurately and within statutory deadlines.
Reporting Lines
- Reports to: Managing Director
- Works with: Entire team (~250), Leadership Team (3), Team Leaders (7), suppliers, and HMRC
- Manages: Payroll Executive
Main Outcomes
Financial Management
- Maintain up-to-date and well-managed financial systems.
- Ensure prompt and accurate invoicing of all services.
- Undertake and assess customer credit checks; manage aged debts proactively.
- Respond to account enquiries from internal teams, customers, and suppliers.
- Prepare monthly management accounts within set deadlines and present to the Leadership Team.
- Obtain specialist accounting advice and support when required.
Financial Insight
- Monitor and communicate cash position and cashflow.
- Prepare budgets, forecasts, flash reports, service costing, and ad hoc reports.
- Provide insights and recommendations to the Leadership Team to improve financial performance.
- Communicate promptly with sales and production teams regarding account holds or stops.
- Analyse financial data to identify opportunities for improving performance and achieving targets.
Company Administration
- Complete and submit statutory returns (VAT, PAYE, Corporation Tax) accurately and on time.
- Liaise with external accountants for statutory accounts post-trial balance.
- Undertake company secretary responsibilities, including maintaining fixed asset registers and preparing dividend/share redemption certificates.
- Manage company insurance to ensure appropriate coverage at competitive rates.
Personnel Administration
- Manage payroll and pension contributions accurately and on time.
- Maintain accurate records of time, absences, and overtime.
- Maintain personnel files, organise inductions, and manage sickness absence and employee benefit schemes.
Continuing Professional Development (CPD)
- Maintain up-to-date knowledge of accounting standards, taxation, and sector developments.
- Identify and implement efficiency or productivity gains via technology or ICT developments.
Requirements
- Accounting qualification and ongoing CPD.
- Competent English and high-level numeracy.
- Experience in a commercial business covering full Finance Manager responsibilities.
- Ability to operate independently and manage a small team.
- Confident in preparing budgets, forecasts, and financial analysis.
- Proficient in MS Office, particularly Excel, and able to learn industry-specific financial software.
- Understanding of management accounting approaches and techniques.
- Experience in internal auditing of financial data, systems, and controls.
- Experience in providing practical financial insight to a Leadership Team.
Finance Manager employer: DK Recruitment
Contact Detail:
DK Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world and let them know you're on the hunt for a Finance Manager role. You never know who might have the inside scoop on an opening or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your financial knowledge and industry trends. We recommend practising common interview questions and having examples ready that showcase your skills in financial management and analysis.
✨Tip Number 3
Don’t forget to leverage social media! Follow companies you’re interested in, engage with their posts, and share your insights on finance topics. This can help you get noticed by hiring managers and show off your expertise.
✨Tip Number 4
Apply through our website for the best chance of landing that Finance Manager gig! We keep our listings updated and you’ll be able to showcase your application directly to us, making it easier for us to spot your talent.
We think you need these skills to ace Finance Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Finance Manager role. Highlight your relevant experience in financial management, budgeting, and analysis. We want to see how your skills align with 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. Share specific examples of how you've improved financial performance in previous roles – we love a good success story!
Showcase Your Skills: Don’t forget to showcase your technical skills, especially in Excel and any financial software you’ve used. We’re keen on candidates who can hit the ground running, so let us know what tools you’re familiar with!
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 don’t miss out on any important updates from us. Plus, it’s super easy!
How to prepare for a job interview at DK Recruitment
✨Know Your Numbers
As a Finance Manager, you'll need to demonstrate your financial acumen. Brush up on key financial metrics and be ready to discuss how you've used data to drive decisions in previous roles. Prepare examples of how you've improved financial performance or managed budgets.
✨Understand the Business
Research the company thoroughly. Understand their financial position, recent news, and industry trends. This will not only help you answer questions but also allow you to ask insightful questions that show your genuine interest in the role and the company.
✨Showcase Your Leadership Skills
You'll be managing a small team, so be prepared to discuss your leadership style. Think of examples where you've successfully led a team or project, resolved conflicts, or motivated others. Highlight your ability to communicate effectively with both finance and non-finance teams.
✨Prepare for Technical Questions
Expect questions on accounting standards, financial analysis, and statutory returns. Brush up on your technical knowledge and be ready to explain complex concepts in simple terms. This will showcase your expertise and your ability to communicate effectively with the Leadership Team.