Salary £60000 + Benefits: Excellent benefits and a 4 day working week
My client is currently seeking a Head of Finance for their Ilminster site. This is a fantastic opportunity for a candidate to join a company with multiple sites across the world and work a 36-hour working week over 4 days!
This role is office-based, so you must be situated within commuting distance.
Key Duties and Responsibilities
* Build stakeholder confidence in DMJ by aligning and synchronizing financial and business planning processes.
* Contribute strongly to the definition and execution of business strategy as it is developed by the DIBE Senior Management Team.
* Provide line management and leadership of the finance team.
* Motivate and lead finance team members by clarifying roles and providing helpful feedback.
* Restructure the finance team to ensure job allocations are correct, provide training, and clarity for individual roles.
* Maintain, control, and optimize the ERP system for all financial and business processes.
* Create systems to prevent errors in data collection and calculations, while continuing to review and update.
* Prepare timely monthly management accounts for DIBE and DME in accordance with accounting policies, review, and submit results to DMJ through the monthly reporting package.
* Ensure DMJ deadlines are always met.
* Prepare and submit to DMJ quarterly consolidated financial accounts with notes for DIBE and DME, utilizing the Stravis system.
* Respond to queries from group accounts and audit.
* Manage company cash flow through monitoring transactions and by creating analysis to provide projections to improve cash management in the company.
* Provide finance team guidance and direction on how to improve reporting information, timely and context.
* Provide guidance on how to improve cash flow situations that arise and ensure concise planning to enable management within cash limitations.
* Prepare annual budget, reporting variances, and support managers with corrective plans.
* Provide SMT with budgets on a departmental level.
* Control international VAT- import, duty, fiscal representation, Intrastat returns, and EU sales listing.
* Ensure that all financial transactions are properly recorded, filed, and reported. This includes sales, purchases, and all ledgers.
* Manage credit control ensuring customer credit checks, setting credit limits, monitoring aged debts, and collection of outstanding amounts.
* Manage finance team routine activities including payroll generation, staff expenses, P11Ds, PAYE settlement agreements, and reconciliations, ensuring adherence to HMRC regulations.
* Provide technical support and advice to all on-site companies for VAT and PAYE.
* Develop and improve financial systems and management information.
* Prepare annual statutory accounts in conjunction with the auditors.
* Manage annual audit for DIBE and DME.
* Provide and analyze information for corporation tax returns to the company's external advisors.
* Introduce and maintain control of CAPEX financial process including the Fixed Asset Register.
* Review monthly customer sales report and monitor customer profitability.
* Re-establish financial internal controls across the business and maintain a culture of process improvement.
* Review all financial reports and data closely to check for discrepancies.
* Review, amend, provide, and maintain the accounting policy and J-SOX documentation and ensure policies are adhered to within the business.
* Maintain trust and effectively coordinate, communicate, and manage relationships with external auditors, advisors, insurers, banks, and suppliers.
* Take a lead role in costing & forecasting to ensure consistency and data accuracy throughout the process.
* Develop and install an integral overheads costing system, linked into the budget and cross-analyzed to the actuals in the accounts.
* Maintain professional knowledge through continuing professional development activities.
As a term of your employment, you may be required to undertake such other duties as may reasonably be required of you in the post and department mentioned above or in a comparable post in any of the company's other departments.
Person Spec
Qualifications/Education standards and level of skills
CIMA/ACCA qualified
Knowledge and Skills
Essential
* A qualified accountant with significant experience in fulfilling the complete range of financial management processes.
* An understanding of the complexities of finance management within an international group is preferred, ideally with some experience within the manufacturing sector and foreign currency transactions.
* A strong IT skill set is essential including previous experience of information systems management, in which you will have gained knowledge of ERP system implementation and optimization.
* Strong communication and interpersonal skills.
* Critical thinking, sound problem-solving skills, analytical skills, and use of initiative.
* Experience in effectively managing a small team.
* Strong personal organization skills are required with experience in meeting regular accounting deadlines.
* Drive and compassion to ensure forward growth within individuals within the team.
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