Job Description
My client, is currently seeking a Head of Finance for their Ilminster site. This is fantastic opportunity for a candidate to join a company with multi 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
* Restructuring the Finance team, to ensure job allocations are correct, provide training and clarity, for individuals roles.
* Maintain, control and optimise the ERP system for all financial and business processes.
* Create systems to prevent errors in data collection and calculations, whilst 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, utilising 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 the cashflow situations that arise and ensure concise planning, to enable us to manage within our cash limitations.
* Prepare annual budget, reporting variances and support managers with corrective plans.
* Provide SMT with budgets on a departmental level.
* Control of 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 there are customer credit checks, setting credit limits, monitoring of aged debts and collection of outstanding amounts.
* Manage Finance team routine activities including payroll generation, staff expenses, P11Ds, PAYE settlement agreements and reconciliations. Ensuring adhere to HMRC regulations.
* Providing 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 analyse information for corporation tax returns to the Companys 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 adhered to within the businesses.
* Maintain trust and effectively co-ordinate, communicate and manage relationships with external auditors, advisors, insurers, banks and suppliers.
* Take a lead role in costing & forecasting to ensure there is consistency and data accuracy throughout the process.
* Develop and Install an integral overheads costing system, linked into the budget and cross analysed 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 Companys 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 optimisation
* Strong communication and interpersonal skills
* Crtitical thinking, sound problem solving skills, analytical skills and use of initiative.
* Experience in effectively managing a small team
* Strong personal organisation 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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