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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 with a supportive team.
- Qualifications: Experience in finance, part-qualified ACCA or CIMA, and strong Excel skills.
- Other info: Immediate start available; perfect for detail-oriented team players.
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- Finance team and business support
- 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
- Month-End Accounts
- 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
- Compliance
- 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
Finance team leader in Strathaven employer: Element Lab Solutions
Contact Detail:
Element Lab Solutions Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance team leader in Strathaven
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance industry, attend local meetups, or join online forums. You never know who might have the inside scoop on job openings or can refer you directly to hiring managers.
✨Tip Number 2
Prepare for interviews by researching the company and its financial operations. Understand their products and services, especially in chromatography. This will help you tailor your answers and show that you're genuinely interested in the role.
✨Tip Number 3
Practice common interview questions related to finance and leadership. Think about how you would handle team challenges or financial discrepancies. Being ready with examples from your past experience will make you stand out.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged with our brand.
We think you need these skills to ace Finance team leader in Strathaven
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!
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use numbers and examples to demonstrate how you’ve improved processes or contributed to cost control in previous roles. This helps us see the impact you can make.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Explain why you’re passionate about this role and how your background makes you a perfect fit. We love seeing personality, so let your enthusiasm for finance and teamwork come through!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts and submit your details!
How to prepare for a job interview at Element Lab Solutions
✨Know Your Numbers
Make sure you brush up on your financial knowledge, especially around UK accounting standards and VAT regulations. Be prepared to discuss how you've handled month-end reporting and compliance in previous roles.
✨Showcase Your Leadership Skills
As a Finance Team Leader, you'll need to demonstrate your ability to lead a team effectively. Think of examples where you've supported your team through challenges or helped them resolve queries. Highlight your experience in managing a finance team and how you foster collaboration.
✨Excel Like a Pro
Since strong Excel skills are essential for this role, be ready to talk about specific functions or tools you've used in the past. If possible, mention any complex spreadsheets or analyses you've created that contributed to decision-making.
✨Prepare for Scenario Questions
Expect questions that ask how you'd handle specific situations, like processing invoices during busy periods or managing cash flow forecasts. Think through your approach to these scenarios and be ready to explain your thought process clearly.