Finance Manager - Balgove Larder, Strathtyrum & Fossoway Farms
Job Title: Finance Manager – Balgove Larder & Strathtyrum Farms.
Job Type: Full-Time and Permanent.
Reports to: Company Directors.
Job Overview:
We are seeking a highly organized and detail-oriented Finance Manager to principally oversee the financial operations of Balgove Larder, and also Strathtyrum Farms. Experience with financial reporting, budgeting, and accounting is essential, and a working knowledge of farming, hospitality or retail environments would be desirable. Xero accounting software is used for both businesses. This role is crucial to ensuring financial accuracy and supporting the continued growth and success of the enterprises.
Key Responsibilities:
1. Manage day-to-day financial operations, including invoicing, receipts, payments, and bank reconciliations.
2. Prepare and maintain financial records, ensuring accuracy and compliance with relevant regulations.
3. Oversee payroll processing for farm and farm shop staff.
4. Monitor cash flow, working capital, and profitability.
5. Working with department heads to ensure margins are maintained.
6. Weekly, monthly and quarterly reporting, including quarterly management accounts.
2. Budgeting & Forecasting:
1. Work with the directors to prepare annual budgets for Balgove.
2. Track performance against budget and provide detailed variance analysis on a monthly basis.
3. Prepare cash flow forecasts and financial projections.
4. Ensure that all tax filings, including VAT returns and monthly PAYE payments are completed accurately and submitted on time.
3. Inventory Management:
1. Assist in managing inventory and stock levels for both the farm and the farm shop.
2. Ensure the proper tracking of departmental purchases, sales, and inventory in Xero.
4. Compliance & Auditing:
1. Ensure financial operations are compliant with all applicable laws, regulations, and industry standards.
2. Liaise with external auditors and assist with audits when necessary.
3. Identify opportunities for financial efficiencies and cost reductions.
4. Provide strategic financial insights to improve farm profitability and the financial performance of the farm shop.
5. Establish new essential KPIs and expand knowledge and apply.
Requirements:
1. Proven experience as a Finance Manager or similar role in a farming, retail, hospitality or small business setting.
2. Solid understanding of financial management, budgeting, and forecasting.
3. Knowledge of tax regulations, payroll, and financial reporting standards.
4. Experience with inventory management and cost control.
5. Strong attention to detail, accuracy, and organizational skills.
6. Excellent communication and interpersonal skills.
Application Instructions:
Please submit your CV and a cover letter to HR@balgove.com.
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