At a Glance
- Tasks: Oversee financial operations, compliance, and drive financial planning in a luxury design agency.
- Company: Join a global luxury design agency with offices in London and New York.
- Benefits: Enjoy a part-time role with hybrid working options and potential for permanent placement.
- Why this job: Be a key player in transforming financial processes while working in a creative environment.
- Qualifications: Bachelor's degree in Finance or Accounting; ACA, CIMA, or ACCA preferred with 5 years experience.
- Other info: This is a temporary 6-month contract with the possibility of evolving into a more junior role.
The predicted salary is between 64000 - 72000 £ per year.
VisionFR is working with a Global Luxury Design Agency with offices in NY and London to find the perfect contract part-time Financial Controller Transformation, initially on a 6 month contract. The right person will be highly skilled and detail-oriented Finance Manager to oversee financial operations, ensure compliance and drive financial planning and analysis. The Finance function is moving from Canada to London and this person will be key in setting up the processes and systems and the way of working - reporting into and working closely with the Commercial Director.
The Financial Controller will be responsible for implementing and then overseeing all financial aspects of the business, including:
- Financial Planning and Analysis
- Develop and oversee the company’s financial planning processes, including budgeting and forecasting.
- Analyse financial performance and variances against budgets and forecasts to provide strategic insights.
- Financial Reporting and Compliance
- Ensure accurate and timely financial reporting in accordance with GAAP and other regulatory requirements.
- Oversee the preparation of financial statements and manage external audits.
- Liaise with auditors, including government auditors for payroll (US), HMRC, and other compliance matters.
- Treasury Management
- Formulate and manage cash flow and liquidity reporting to ensure the organisation meets financial obligations.
- Oversee banking relationships and negotiate terms with financial institutions.
- Risk Management
- Develop risk mitigation strategies and implement internal controls to safeguard company assets.
- Establish approval protocols, including payment approvals and purchase order reviews for amounts over £5,000.
- Financial Operations
- Oversee day-to-day financial operations, including accounts payable, accounts receivable, and payroll.
- Monitor financial transactions to detect and prevent fraud or errors.
- Implement financial policies and procedures to ensure efficiency, accuracy, and compliance.
- Manage finance functions was NetSuite but migrating to a new finance system, including system optimisation and data dependencies.
- Tax Planning and Compliance
- Develop tax strategies to minimize tax liabilities while ensuring full compliance with tax laws and regulations within each region.
- Oversee the preparation and filing of tax returns, including Corporation tax, sales tax, VAT, and payroll tax.
- Manage transfer pricing compliance and reporting.
- Team Management
- Lead and develop a small finance team, including hiring, training, and performance management.
- Provide mentorship and career development opportunities for accounting team members.
- Additional Responsibilities
- Oversee payroll, employee salary, and expense management.
- Manage invoicing for sales orders, quarterly commission reports, and partnership sales reports.
- Confirm receipt and reporting of client payments, assigning payments correctly.
- Approve quotations and generate sales invoices.
- Ensure timely payments of client invoices and supplier payments, managing payment priorities.
- Maintain and update sales deposits and open invoices for tracking payments and collections.
- Provide statements of accounts per client requests.
- Manage financial systems, bank logins, and ownership of the handover to the UK.
- Develop and refine finance process flows, ensuring clarity in system interactions and data dependencies.
Qualifications & Skills
- Bachelor's degree in Finance, Accounting, or related field; ACA, CIMA or ACCA fully qualified preferred.
- Minimum 5 years of experience in financial management, preferably in luxury interiors, design or Creative agency environment.
- Strong knowledge of GAAP, IFRS, tax regulations, and compliance standards.
- Proficiency in financial systems, including NetSuite and other ERP tools.
- Experience managing audits, tax filings, and financial reporting.
- Strong analytical and problem-solving skills.
- Strong KPI reporting.
- Excellent leadership and team management abilities.
- Strong communication skills to collaborate across departments and with external partners.
VisionFR is committed to encouraging equality, diversity, inclusion and eliminating unlawful discrimination within our workforce and whilst fulfilling our Client’s recruitment needs.
Financial Controller - Transformation employer: VisionFR Ltd
Contact Detail:
VisionFR Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Controller - Transformation
✨Tip Number 1
Network with professionals in the luxury design sector. Attend industry events or webinars where you can meet people who work in similar roles. This can help you gain insights into the company culture and expectations, making you a more attractive candidate.
✨Tip Number 2
Familiarise yourself with the financial systems mentioned in the job description, particularly NetSuite. If you have experience with similar ERP tools, be prepared to discuss how your skills can transfer to their system during interviews.
✨Tip Number 3
Research the company’s recent projects and financial performance. Being knowledgeable about their work will allow you to tailor your discussions and demonstrate your genuine interest in contributing to their success.
✨Tip Number 4
Prepare to showcase your leadership and team management skills. Think of specific examples from your past experiences where you successfully led a team or improved financial processes, as these will be crucial for this role.
We think you need these skills to ace Financial Controller - Transformation
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial management, particularly in luxury design or creative agency environments. Emphasise your qualifications, such as ACA, CIMA, or ACCA, and any specific achievements that align with the job description.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention your experience with financial planning, compliance, and team management, and explain how you can contribute to the transformation process at VisionFR.
Highlight Key Skills: In your application, focus on key skills mentioned in the job description, such as analytical abilities, knowledge of GAAP and IFRS, and proficiency in financial systems like NetSuite. Use specific examples to demonstrate these skills.
Follow Application Instructions: Ensure you follow all application instructions provided by VisionFR. This includes submitting your application through the specified channel on our website and including all required documents. Double-check for any specific requirements they may have.
How to prepare for a job interview at VisionFR Ltd
✨Understand the Company Culture
Before your interview, take some time to research VisionFR and their approach to luxury design. Understanding their values and culture will help you tailor your responses and demonstrate that you're a good fit for their team.
✨Showcase Your Financial Expertise
Be prepared to discuss your experience with financial planning, reporting, and compliance in detail. Highlight specific examples from your past roles that showcase your ability to manage financial operations effectively, especially in a creative or luxury environment.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills and strategic thinking. Prepare to discuss how you would handle specific financial challenges, such as risk management or compliance issues, to demonstrate your analytical abilities.
✨Emphasise Team Leadership Skills
Since the role involves managing a small finance team, be ready to talk about your leadership style and experiences. Share examples of how you've mentored team members and fostered a collaborative work environment to show that you can lead effectively.