Assistant Finance Manager - £60k (London Area)
Assistant Finance Manager - £60k (London Area)

Assistant Finance Manager - £60k (London Area)

London Full-Time 42000 - 84000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage monthly accounts, financial controls, and supplier relationships in a dynamic art dealership.
  • Company: Join a leading art dealership showcasing innovative sculptures by global artists and designers.
  • Benefits: Enjoy a hybrid work setup, competitive salary, and opportunities for professional growth.
  • Why this job: Be part of a creative environment that merges art and finance, making a real impact.
  • Qualifications: Strong knowledge of IFRS, excellent communication skills, and advanced Excel proficiency required.
  • Other info: Experience with SAGE X3 is a plus; thrive in a fast-paced, collaborative team.

The predicted salary is between 42000 - 84000 £ per year.

This is a full-time role (Monday to Friday) with a hybrid setup—3 days a week in the Notting Hill office. The salary range is £50k-£60k.

About the Company

This leading art dealership produces and exhibits functional sculptures by both emerging and established international artists and designers who venture beyond their traditional realms of expression. Actively engaged in the research and production of limited-edition works, the gallery is driven by a pursuit of emotional, artistic, and historical relevance, consistently aiming to break the boundaries between art and design.

Key Responsibilities:

  • Ensures completeness of monthly accounts for the UK entity and adherence to the month-end close calendar, with a target to close within the first 15 days of the month. Following the close, provides variance analysis with commentary comparing actuals to budget for UK entities.
  • Leads the design, implementation, and enforcement of financial controls across the P2P (procurement-to-pay) and S2C (sales-to-collection) processes.
  • Ensures adherence to internal financial policies and procedures while identifying and mitigating financial risks.
  • Reviews and approves purchase orders and supplier invoices to ensure compliance with budgets and authorisation levels.
  • Manages supplier relationships to ensure timely payments and resolution of disputes.
  • Oversees the accounts payable function in India, ensuring timely and accurate posting of transactions.
  • Reviews and approves sales orders to ensure compliance with invoicing and AML policies.
  • Collaborates closely with commercial teams to resolve invoicing and payment issues.
  • Reviews and remediates outstanding and aged items within the Balance Sheet, focusing on key areas such as WIP and Accounts Receivable.
  • Reviews and prepares, as directed by the Senior Finance Manager, balance sheet reconciliations to ensure adherence to standard processes and formats.
  • Ensures VAT monthly/quarterly reconciliation and remittance returns are completed within set deadlines for the UK.
  • Collaborates with Finance Managers across the group to reconcile monthly intercompany balances and works to resolve any aged balances.
  • Co-leads, alongside the Senior Finance Manager, the yearly budgeting and quarterly forecasting processes for UK entities.
  • Acts as a superuser of Sage X3 ERP software, identifying opportunities to streamline operations within the finance team.
  • Performs ad hoc tasks as directed by the CFO and Senior Finance Manager of the group.

Qualifications and Skills Required:

  • Excellent knowledge of current IFRS and UK statutory accounting standards.
  • Strong and confident communication skills.
  • Well-developed analytical and problem-solving abilities.
  • Exceptional organisational skills with the ability to prioritise tasks effectively.
  • Advanced proficiency in Microsoft Excel.
  • Ability to perform well under pressure, with a strong focus on accuracy, attention to detail, and meeting deadlines.
  • Experience with SAGE X3 is highly advantageous.
  • Fluent in English.

Assistant Finance Manager - £60k (London Area) employer: Live Digital - SaaS Recruitment Agency

As an Assistant Finance Manager at our leading art dealership in the vibrant Notting Hill area, you will thrive in a dynamic and creative environment that values innovation and artistic expression. We offer a competitive salary of up to £60k, alongside a hybrid working model that promotes work-life balance, and a culture that encourages professional growth through collaboration and continuous learning. Join us to be part of a passionate team dedicated to pushing the boundaries of art and design while enjoying unique opportunities to engage with both emerging and established artists.
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Contact Detail:

Live Digital - SaaS Recruitment Agency Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Assistant Finance Manager - £60k (London Area)

Tip Number 1

Familiarise yourself with the art dealership industry. Understanding the unique financial challenges and opportunities within this sector can give you an edge during interviews. Research recent trends in art sales and how they impact financial management.

Tip Number 2

Highlight your experience with financial controls and compliance. Be prepared to discuss specific examples of how you've implemented or improved financial processes in previous roles, especially in relation to procurement and sales.

Tip Number 3

Brush up on your knowledge of IFRS and UK statutory accounting standards. Being able to confidently discuss these topics will demonstrate your expertise and readiness for the role, especially since they are crucial for the responsibilities outlined.

Tip Number 4

Prepare to showcase your analytical skills. Think of scenarios where you've successfully resolved financial discrepancies or improved reporting accuracy, as these experiences will resonate well with the hiring team.

We think you need these skills to ace Assistant Finance Manager - £60k (London Area)

IFRS Knowledge
UK Statutory Accounting Standards
Financial Controls Implementation
Variance Analysis
Procurement-to-Pay (P2P) Process Management
Sales-to-Collection (S2C) Process Management
Risk Mitigation
Supplier Relationship Management
Accounts Payable Oversight
Balance Sheet Reconciliation
VAT Reconciliation and Remittance
Intercompany Balance Reconciliation
Budgeting and Forecasting
Sage X3 ERP Software Proficiency
Advanced Microsoft Excel Skills
Analytical Skills
Problem-Solving Skills
Organisational Skills
Attention to Detail
Ability to Work Under Pressure
Effective Communication Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the responsibilities of the Assistant Finance Manager role. Emphasise your knowledge of IFRS, UK accounting standards, and any experience with SAGE X3.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for finance and art. Mention specific experiences that demonstrate your analytical skills and ability to manage financial controls, as well as your communication skills in resolving disputes.

Highlight Relevant Achievements: In both your CV and cover letter, include quantifiable achievements that reflect your ability to meet deadlines and manage financial processes effectively. For example, mention how you improved month-end closing times or streamlined financial operations.

Proofread Your Application: Before submitting, carefully proofread your application materials for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a finance role.

How to prepare for a job interview at Live Digital - SaaS Recruitment Agency

Know Your Numbers

Brush up on your knowledge of IFRS and UK statutory accounting standards. Be prepared to discuss how you've applied these in previous roles, especially in relation to month-end close processes and variance analysis.

Demonstrate Financial Control Experience

Be ready to share specific examples of how you've designed or enforced financial controls in past positions. Highlight your experience with procurement-to-pay and sales-to-collection processes, as this will be crucial for the role.

Showcase Your Analytical Skills

Prepare to discuss how you've tackled complex financial problems in the past. Use examples that demonstrate your analytical abilities and problem-solving skills, particularly in relation to balance sheet reconciliations and aged items.

Familiarise Yourself with Sage X3

If you have experience with Sage X3, make sure to mention it. If not, do some research on the software and be ready to discuss how you would approach learning it quickly. This shows your willingness to adapt and streamline operations.

Assistant Finance Manager - £60k (London Area)
Live Digital - SaaS Recruitment Agency
L
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