Group Head of Finance
United Kingdom
Our client is a well respected privately owned SME business operating with the Sales, Hire and Maintenance of Machinery across both the UK and Ireland.
As part of the companies continued expansion, FRS have been enlisted to assist with the recruitment of a experienced financed leader to join the business as No 1 in Finance / Group Head of Finance.
This position will operating as the lead finance professional for the group becoming a key part of the SLT Team aiding its ambitious for continued growth and improvement from its current £15m T/O
The role comes with two reports - an Accounts Assistant to assist in delivering this essential part of the business and an Office Administration Assistant. The role is broken down as follows:-
Advising the senior management on any financial, strategic & commercial matters
Maintain and develop company commercial insights & BI / KPI reporting and analysis.
Preparation of monthly management accounts using Sage Line 50 financial Controller and Protean Service Control package for two separate companies
Oversea and management of purchase and sales ledger functions, including making and receiving payments, credit control, and credit referencing.
VAT - preparation of quarterly returns, monthly Intrastat arrivals and dispatches submissions on-line NOVA Registrations and monthly EC Sales returns (Intrastat).
Preparation of monthly forward cash-flows over a 12-month period.
Cash management on a daily basis with access via internet banking.
Purchase of foreign currency as necessary for payment of suppliers (generally in Euros) and cash management of foreign currencies
Warranty submission and supervision of warranty matters corresponding re disputes and unpaid warranty.
Collation of engineer’s overtime and sales commissions for salary preparation.
Overseeing all aspects of finance for 2 companies with the aid of an accounts assistant including :-
Processing customer invoices
Daily cash allocation
Maintenance of cashbooks and daily bank reconciliations
Purchase invoice processing in Sage 50 Accounts Professional
Processing of BACS payments and sending out remittances to suppliers
Supplier statement reconciliations
Dealing with supplier queries
Processing Barclaycard statements
Processing of fuel receipts
Issuing customer statements
Credit control
Dealing with customer invoice queries
Compilation of engineers overtime for payroll from timesheets
Balance sheet and intercompany reconciliations
Payroll
Liaison with auditors during year end audit
Liaison and cash management with Ireland subsidiary and the nominated external accountants
Liaison with finance house with regards to long term finance leases / hire purchase agreements in place
Work with Protean service software to ascertain forensic contract profitability (training will be provided)
The ideal candidate will be
Formally Qualified (ACA / ACCA / CIMA) however those that are QBE with suitable experience in a similar role will be considered.
Comfortable working within a lead finance taking ultimate ownership for financial management of the business with strategic input.
Must be an excellent communicator comfortable working with stakeholders across the business
Commercially focused and business orientated individual who fully appreciates the threats and opportunities within a business environment
Ideally have experience of multi-currency / international
Will be pro-active and willing to challenge the status-quo
Hands on approach as a key member of the SLT within a SME business.
A good level of IT Literacy Is essential to include MS Excel for reporting and analysis and knowledge of Sage desirable