Head of Finance

Head of Finance

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead financial planning, reporting, and compliance while managing a dynamic finance team.
  • Company: Join a forward-thinking company focused on growth and innovation in the finance sector.
  • Benefits: Enjoy competitive salary, professional development opportunities, and a collaborative work environment.
  • Why this job: Shape financial strategies and make impactful decisions in a supportive leadership team.
  • Qualifications: Proven experience in finance management and strong knowledge of UK accounting principles required.
  • Other info: Opportunity to influence company direction and enhance your leadership skills.

The predicted salary is between 43200 - 72000 £ per year.

Job Description

Key Responsibilities

1. Financial Control

  1. Financial Planning and analysis, including forecasting, budgeting and cash management.
  2. Prepare monthly, quarterly and annual financial reports.
  3. Present financial information to Directors, colleagues, banks and external stakeholders.
  4. Track actual performance against budgets and forecasts.
  5. Oversee and review accounting tasks including payroll, taxes and compliance.
  6. Ensure compliance with UK accounting principles and legislation.
  7. Manage the audit process, completion of the annual accounts, submission to Companies House, and compliance with all HMRC requirements.
  8. Day to day management of the banking relationship.
  9. Management of the foreign exchange requirements of the business.
  10. Ensure that supplier invoices, company credit card transactions, and overseas tour payments are approved and managed in line with company policies.
  11. Oversee an effective system of credit control.
  12. Manage the development and improvement of the company’s financial systems.
  13. Management of the finance team – including role allocation, training and development.

2. Administration

  1. Oversee the general administration of office premises.
  2. Liaison with Landlord.
  3. Insurance (property, people and operational).
  4. Utility Management.
  5. Health and Safety.
  6. HR Administration and Compliance.
  7. Input to the development and improvement of the systems supporting the operation of the business.

3. General Management

  1. Participate in the Senior Leadership Team Management Team.
  2. Fulfil the requirements of the Company Secretarial function as required to support the Directors and owners of the business.
  3. Provide input on the financial aspect of legal matters as required.
  4. Contract Management.

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Head of Finance employer: VERY WELL KNOWN COMPANY LIMITED

As the Head of Finance, you will join a dynamic and supportive work environment that prioritizes employee growth and development. Our company offers competitive benefits, including flexible working arrangements and opportunities for professional advancement, all while being located in a vibrant area that fosters collaboration and innovation. We value our team members and are committed to creating a culture where your contributions are recognized and rewarded.
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Contact Detail:

VERY WELL KNOWN COMPANY LIMITED Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Head of Finance

✨Tip Number 1

Familiarize yourself with UK accounting principles and legislation, as this is crucial for the Head of Finance role. Understanding compliance requirements will not only help you in interviews but also demonstrate your commitment to the position.

✨Tip Number 2

Highlight your experience in financial planning and analysis during networking events or conversations. Being able to discuss your past successes in forecasting and budgeting can set you apart from other candidates.

✨Tip Number 3

Showcase your leadership skills by discussing how you've managed finance teams in the past. Prepare examples of how you allocated roles, provided training, and developed team members to enhance their performance.

✨Tip Number 4

Engage with professionals in the finance sector through LinkedIn or industry events. Building connections can provide insights into the company culture at StudySmarter and may even lead to referrals for the Head of Finance position.

We think you need these skills to ace Head of Finance

Financial Planning and Analysis
Budgeting
Cash Management
Financial Reporting
Presentation Skills
Accounting Principles
Compliance Management
Audit Management
Banking Relationship Management
Foreign Exchange Management
Credit Control
Financial Systems Development
Team Management
Training and Development
General Administration
Contract Management
Health and Safety Compliance
HR Administration

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in financial control, planning, and analysis. Include specific examples of how you've managed budgets, forecasts, and compliance with accounting principles.

Craft a Strong Cover Letter: In your cover letter, emphasize your leadership skills and experience managing finance teams. Discuss your approach to financial reporting and how you ensure compliance with regulations.

Showcase Your Achievements: When detailing your past roles, focus on quantifiable achievements such as successful audits, improvements in financial systems, or effective management of banking relationships. This will demonstrate your capability for the Head of Finance position.

Prepare for Interviews: Be ready to discuss your strategic vision for financial management and how you would contribute to the Senior Leadership Team. Prepare examples of how you've handled challenges in financial administration and compliance.

How to prepare for a job interview at VERY WELL KNOWN COMPANY LIMITED

✨Showcase Your Financial Expertise

Be prepared to discuss your experience with financial planning, analysis, and reporting. Highlight specific examples where you successfully managed budgets, forecasts, or audits, as this will demonstrate your capability to handle the responsibilities outlined in the job description.

✨Understand Compliance and Regulations

Familiarize yourself with UK accounting principles and legislation. Be ready to discuss how you've ensured compliance in previous roles, as well as your approach to managing audits and submissions to Companies House.

✨Demonstrate Leadership Skills

As a Head of Finance, you'll be managing a team. Prepare to talk about your leadership style, how you allocate roles, and your strategies for training and developing team members. Share examples of how you've successfully led teams in the past.

✨Prepare for Strategic Discussions

Since this role involves participation in the Senior Leadership Team, think about how you can contribute to broader business discussions. Be ready to share insights on how financial decisions impact overall business strategy and operations.

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