At a Glance
- Tasks: Lead the setup of a new business entity and establish financial frameworks.
- Company: Join a dynamic, newly established company undergoing exciting changes.
- Benefits: Competitive daily rate, flexible remote work, and potential for contract extension.
- Why this job: Make a real impact by shaping a new company's financial future.
- Qualifications: Experience in business setup and strong financial management skills required.
- Other info: Ideal for proactive problem-solvers looking for a part-time role.
The predicted salary is between 40000 - 50000 £ per year.
Do you have a management accountant background and experience setting up a new company? And the current capacity to work two days a week for the next three months? This could be for you!
Location: Remote (needs home office)
Engagement Type: Contract and part time (approximately 2 days a week for 8-12 weeks, with realistic likelihood of extension)
Daily Rate: £400 to £500
Our client is a newly established entity undergoing a significant reorganisation and separation from its parent company. This standalone business will be funded from the same overarching Group it is spinning out of and requires a dedicated finance professional to establish its foundational financial and administrative infrastructure.
We are seeking an experienced Contract Finance Manager to lead the "front-end" setup of the spun-out new business. This role is crucial for establishing the financial and administrative framework required for the new entity to operate independently. The ideal candidate will be a proactive, hands-on professional capable of navigating complex setup processes and ensuring compliance who also has a finance/accountancy background. While the role is largely remote, some initial on-site presence could be beneficial for fostering a strong working relationship.
Key Responsibilities:- Entity Setup: Oversee and manage new company registration. Handle VAT registration and corporation tax setup. Establish new bank accounts and finance facilities.
- Systems & Processes: Set up new payroll suppliers and related processes. Implement and configure Dynamics 365 Business Central (BC) or similar ERP systems. Develop and manage asset lists, including understanding and transferring asset values from Group to NewCo.
- Business Administration: Renegotiate lease agreements for new facilities. Establish new agreements with energy suppliers and other essential service providers. Manage various business administration tasks, including contract review and setup, beyond pure numerical accounting.
- Financial & Group Structure: Work within a group structure, demonstrating experience with intercompany recharges and transfers. Assist in initial cash flow management, understanding that funding will be provided from Group and NewCo will be initially loss making.
- Collaboration & Support: Work in conjunction with external solicitors and accountants on legal and tax aspects. Collaborate with existing staff, including on TUPE arrangements.
- Proven experience in setting up a new business entity or guiding a business through administration and into a new legal entity.
- Strong understanding of "front-end" financial and administrative setup processes (e.g., registrations, bank accounts, supplier contracts).
- Experience with Dynamics 365 Business Central (BC) or Microsoft Dynamics NAV.
- Ability to handle a broad range of tasks, including both financial and business administration duties.
- Experience working within a group structure and managing intercompany transactions.
- Excellent communication and organisational skills.
- Ability to work independently and take initiative in a fast-paced environment.
- Comfortable with remote work arrangements.
- A proactive problem-solver who can identify and resolve challenges without extensive hand-holding.
- Experience with asset transfer and valuation between entities.
Note: This role is focused on the initial setup phase. While ongoing management accounts and treasury functions will eventually be needed, this specific contract prioritises the foundational establishment of the NewCo and its separation from the Group entity.
Fractional Financial Controller in Guiseley employer: Futures
Contact Detail:
Futures Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Fractional Financial Controller in Guiseley
✨Network Like a Pro
Get out there and connect with people in your industry! Attend networking events, join online forums, or even hit up LinkedIn. The more connections we make, the better our chances of landing that Fractional Financial Controller gig.
✨Show Off Your Skills
When you get the chance to chat with potential employers, don’t hold back! Share specific examples of how you've successfully set up new business entities or navigated complex financial processes. We want them to see just how valuable we can be!
✨Be Ready for Remote Work
Since this role is remote, make sure your home office is set up and ready to go. Show that you’re comfortable working independently and can manage your time effectively. We need to demonstrate that we can thrive in a remote environment!
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing familiar faces from our community, so let’s make it happen together!
We think you need these skills to ace Fractional Financial Controller in Guiseley
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your management accountant background and any experience you have with setting up new companies. We want to see how your skills match the role of Fractional Financial Controller, so don’t be shy about showcasing relevant projects!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your proactive approach and any specific experiences that relate to the key responsibilities listed in the job description.
Showcase Your Remote Work Skills: Since this role is remote, it's important to demonstrate your ability to work independently. Share examples of how you've successfully managed tasks from home or in a flexible environment, and how you stay organised and communicative.
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 this exciting opportunity. Plus, it makes the process smoother for everyone involved!
How to prepare for a job interview at Futures
✨Know Your Numbers
Brush up on your financial knowledge, especially around setting up new entities and managing intercompany transactions. Be ready to discuss specific examples from your past experiences that showcase your expertise in these areas.
✨Demonstrate Proactivity
This role requires a hands-on approach, so come prepared with ideas on how you would tackle the initial setup processes. Think about potential challenges and how you would address them, showing that you can navigate complex situations independently.
✨Familiarise Yourself with Dynamics 365
If you have experience with Dynamics 365 Business Central or similar ERP systems, be sure to highlight this during the interview. If not, do some quick research to understand its functionalities and how it can benefit the new entity's setup.
✨Showcase Your Communication Skills
Since collaboration with external solicitors and accountants is key, prepare to discuss how you've effectively communicated and worked with various stakeholders in previous roles. Highlight any experiences where your communication made a significant impact on project outcomes.