Director of Finance (Designate)
£50-65,000 basic + benefits
Our client, a marketing leading manufacturing & distribution business, is seeking a Director of Finance (Designate) due to the impending retirement of the current incumbent.
The successful candidate will initially be responsible for the management of an experienced accounts team, before assuming a senior management role across all aspects of the business at designate level with a view to assuming a full directorship within three years, reporting to the CEO.
Key duties will include:
Running monthly payroll calculation, preparation and submissions, including the payment to agents and commission payments
Maintaining the Company Asset Register and calculating Depreciation
The calculation, preparation and reporting of reports covering sales, margins and order intake with the ability to refer back to stock valuations, including the use of oncost principles for overhead absorption
Verification of calculations of customer rebates
Calculation of purchase reserves and goods in transit
Maintaining and reconciling a number of General Ledger control accounts that reflect approved accounting practice and the concept of matching expense with receipt, by way of accounting journal entries – for example, duties payable
Responsibility for foreign currency petty cash holdings
Responsibility for government statistical returns, VAT returns and checking of PAYE/NI liabilities generated from RTI transmissions
Timely preparation of Trial Balance, leading to periodic management accounts and a Balance Sheet
Reports to the Main Board and Executives distributed along the lines suggested by the CEO reporting mainly on sales, margins and profitability, with informed commentary on KPIs and POIs
Monitoring cash flows and forecasts
Controlling expenses from employees either on a reimbursement basis or via the Company Credit Card
Involvement with annual stock take in terms of valuations and count checks
Maintaining Holiday Pay records for all employees in conjunction with the OD
An understanding of the principles of International Finance (Letters of Credit etc) and foreign exchange management via forward contracts
Overview of Company Purchasing regime via Product Managers with particular emphasis on distributed brands, and the business relationship with key suppliers and agreed targets
Overview of Marketing expenditure generated by bespoke systems in conjunction with the Marketing Manager and CEO.
Preparation and monitoring of periodic budgets
Overview of Capital Expenditure
Fully qualified Accountant with one of the major UK chartered bodies
Experience of heading up a finance and accounting department – strong people skills
Advanced skills in use of MS Office
Experience in use of SAP Business One and Brightpay Payroll or similar – string IT skills
Experience in drafting employment and business contracts – commercial skills
Experience dealing with outside agencies, including HMRC in all its guises – taxation law skills
An analytical mind.
This represents an excellent career development opportunity for an ambitious Finance Manager looking for their next step up the career ladder.
On offer is a competitive package commensurate with experience.
To apply, please send your CV to Carl Booth via this job portal.