Thomas Electrical Distributors Ltd
Founded in 2017, Thomas Electrical Distributors has grown quickly to become a trusted and reputable name in the electrical wholesale industry. As a leading independent distributor, we provide electrical products and solutions to customers nationally via our trade counters, websites and various other channels. We have ambitious growth plans and are now recruiting for this new role to help us achieve them.
Position: Finance Manager
Location: Newton Abbot or Bristol and/or Hybrid
Employment Type: Full-Time
Reports to: Company Directors
We are seeking an experienced and strategic Finance Manager to lead our finance department and play a key role in driving Thomas Electrical Distribution's financial success. This is an exciting opportunity to join a dynamic and growing business, where your expertise will contribute directly to our ongoing stability and expansion.
Role Overview:
As the Finance Manager, you will oversee a team of two finance professionals, ensuring the department operates smoothly and effectively. You will be responsible for formulating monthly management reporting including Trial Balance, Balance Sheet, P&L statements, projecting cashflows, handling supplier and customer rebate accruals, managing credit control, and performing bank reconciliations. This role requires a hands-on leader capable of maintaining strong relationships with our supply chain and customers while keeping a close eye on the company’s financial health and performance.
Key Responsibilities:
* Lead, manage and develop the finance team, promoting a collaborative and efficient work environment.
* Prepare monthly Trial Balance, Balance Sheet, Profit & Loss statements and cash flow projections to ensure accurate financial reporting.
* Manage and accrue supplier and customer rebates, contributing to our cost control and revenue optimization efforts.
* Oversee credit control to maintain healthy receivables and minimize risk.
* Reconcile bank statements and ensure accurate financial records.
* Foster strong relationships with our supply chain and customers, maintaining clear communication on financial matters.
* Develop annual forecasts in collaboration with leadership to support our strategic goals.
* Provide analysis and insights on financial performance to inform business decisions.
Qualifications:
* AAT Level 4 preferred but training will be provided for the right person.
* Proven experience as a Finance Manager or in a similar role, ideally within distribution, wholesale, or related sectors.
* Strong understanding of Balance Sheet, P&L, cash flow management, budgeting, accruals, and reconciliations.
* Excellent organizational and leadership skills with experience managing and developing teams.
* High attention to detail and a strong analytical mindset.
* Exceptional communication skills, with a track record of building productive relationships with internal and external stakeholders.
What We Offer:
* Competitive salary and benefits package
* Opportunity to join a growing company with a strong reputation in the electrical wholesale industry.
* A collaborative and supportive work environment
If you are a motivated financial professional ready to take on a challenging and rewarding role, apply today to join the Thomas Electrical Team
Job Type: Full-time
Pay: From £37,000.00 per year
Benefits:
* Company pension
* On-site parking
Schedule:
* Monday to Friday
Experience:
* Profit & loss: 1 year (required)
* Financial accounting: 1 year (required)
* Leadership: 1 year (required)
Licence/Certification:
* AAT Level 4 (required)
Work Location: In person
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