At a Glance
- Tasks: Lead a dynamic finance team and ensure timely financial reporting.
- Company: Join a forward-thinking company focused on financial integrity and excellence.
- Benefits: Enjoy competitive salary, professional growth opportunities, and a collaborative work environment.
- Why this job: Be at the forefront of financial strategy and make a real impact on the organization.
- Qualifications: Must be a fully qualified accountant with strong leadership skills and 5+ years in finance.
- Other info: Ideal for those who thrive in fast-paced environments and embrace change.
The predicted salary is between 43200 - 72000 £ per year.
Job Mission To provide inspirational leadership of the Finance (Co Accts and Recs) and Technical & Dealing Teams, circa 20 staff. To provide timely financial and commercial support to the CEO. To fulfil all financial reporting requirements e.g. monthly management accounts, quarterly forecasts, annual budgets. To present. with confidence and integrity. the Finance Reports at board meetings To be the focal point on the external statutory and CASS audits. To lead the production of the statutory accounts. To comply with all regulatory filings – FCA, CASS and HMRC. To preserve the integrity of the financial records and maintain robust financial controls. To raise organisational financial awareness. Principal Job Objectives Ensure all transaction processing (AP, AR, , Client/Customer Payments, Payroll etc) is completed on time and accurately reflected within the ledgers. Optimise cashflow by ensuring payments and collections are completed on time. Maximise interest on corporate monies. Maintain the accuracy and integrity of the ledgers by raising and posting journals. Complete reconciliations of all accounts amd clear down any reconciling items swiftly Produce the monthly management accounts and provide insight on key variances Support the CEO with preparing the Quarterly Forecasts and Annual Budget. Maintain the Fixed Asset register and update the prepayments and accruals schedules monthly. To adhere to all measures within the ISO27001 standard, ensuring Confidentiality, Integrity and Availability at all times. Work in accordance with OPAL’s ISO 27001. Data Protection and TCF policies and practices. Essential knowledge and experience required at recruitment Degree holder, fully qualified accountant (ACA, ACCA), Top 10 firm trained Strong leadership, inter-personal, organisational and communication skills Exceptional levels of personal gravitas Ability to work in a pressurised and fast moving environment. Ability to adapt to change with a flexible approach. At least 5 years PQE, in financial services industry Experienced in financial accounting and FP&A Strong Excel Skills. Attention to detail and high level of accuracy. Additional Knowledge required to become fully competent Is familiar with SAGE Line 50 Knowledge of financial services markets, current developments and products including investments and insurance products. Overview knowledge of FCA regulatory requirements. Knowledge of HMRC requirements and reporting. Ability to communicate and resolve outstanding issues with Client Money requirements.
Head of Finance employer: Outsourced Professional Administration Limited (OPAL)
Contact Detail:
Outsourced Professional Administration Limited (OPAL) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Finance
✨Tip Number 1
Make sure to showcase your leadership skills during the interview. Prepare examples of how you've successfully led teams in the past, especially in high-pressure environments. This will demonstrate your ability to inspire and manage a team effectively.
✨Tip Number 2
Familiarize yourself with the latest developments in financial services and regulatory requirements, particularly those related to FCA and HMRC. Being knowledgeable about these topics will help you stand out as a candidate who is well-prepared for the role.
✨Tip Number 3
Prepare to discuss your experience with financial reporting and analysis. Be ready to explain how you've produced management accounts and forecasts in previous roles, as this is a key responsibility of the position.
✨Tip Number 4
Highlight your proficiency in Excel and any experience with SAGE Line 50. Providing specific examples of how you've used these tools to enhance financial processes will show that you have the technical skills necessary for the job.
We think you need these skills to ace Head of Finance
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly understand the responsibilities and expectations outlined in the job description. Highlight your relevant experience in financial leadership, reporting, and compliance in your application.
Tailor Your CV: Customize your CV to reflect the essential knowledge and experience required for the Head of Finance position. Emphasize your qualifications, such as being a fully qualified accountant and your experience in financial services.
Craft a Compelling Cover Letter: Write a cover letter that showcases your leadership skills and ability to work under pressure. Use specific examples from your past experiences to demonstrate how you meet the job objectives and can contribute to the company.
Highlight Relevant Skills: Make sure to highlight your strong Excel skills, attention to detail, and understanding of regulatory requirements in your application. These are crucial for the role and will set you apart from other candidates.
How to prepare for a job interview at Outsourced Professional Administration Limited (OPAL)
✨Showcase Your Leadership Skills
As a Head of Finance, you'll be leading a team of around 20 staff. Be prepared to discuss your leadership style and provide examples of how you've successfully managed teams in the past. Highlight your ability to inspire and motivate others.
✨Demonstrate Financial Acumen
Make sure to brush up on your financial reporting knowledge. Be ready to discuss your experience with monthly management accounts, quarterly forecasts, and annual budgets. Show that you can provide insightful analysis on key variances.
✨Prepare for Regulatory Questions
Since the role involves compliance with FCA, CASS, and HMRC regulations, familiarize yourself with these requirements. Be prepared to discuss how you've ensured compliance in previous roles and how you would approach this in the new position.
✨Exhibit Strong Communication Skills
You'll need to present finance reports at board meetings, so practice articulating complex financial information clearly and confidently. Think about how you can convey your insights effectively to non-financial stakeholders.