ROLE FILLED – Financial Controller/Finance Manager – Salary up to £60,000 DoE – VFR3053
Role: Financial Controller / Finance Manager
Business: Experiential & Retail
Contract: Full Time
Location: West London
Reference: VisionFR 3053
Job Purpose
VisionFR is excited to be working with a branding agency specialising in working with retailers. Looking at creating exciting impactful drivers for those retail stores.
The role is perfect for a current Finance Manager looking to grow into an FC role – Ideally you will have worked within a Creative agency and have had exposure to other businesses including retail.
This role is accountable for the financial management of the company. Managing a Senior Finance Executive, this role ensures the smooth financial operation of the business, both day-to-day operations, annual audit, compliance matters, and crucially cashflow management and financial processes, ensures that across the business good financial disciplines that preserve and enhance the profitability, generate meaningful free cash flow, and ensure the group operates within reporting rules and requirements. The Candidate needs good communication to allow interaction with a wide range of stakeholders, from the Board and Executive Leadership through to suppliers and customers.
Accountabilities
The key accountabilities will include but not limited to:
Financial Management
The role holder is required to manage day to day financial management of the business, including:
1. Accountable for the design, implementation and monitoring of effective AP and AR processes, customer billing and supplier purchasing is executed properly and in accordance with contracts and best practice
2. Oversee regular financial management routines and processes including WIP management, payroll
3. processing, stock reporting, balance sheet reconciliations, payment runs and expenses management
4. Preparation and submission of all relevant statutory and regulatory accounts returns, VAT Returns and other tax reporting requirements
Payroll, Systems and Productivity
The role holder is responsible for managing outsourced payroll and maintaining financial systems and tools:
5. Manage outsourced payroll provider (IRIS) and account manage this and any other finance suppliers, ensuring KPI’s including quality of service and costs are achieved. Act as day to day contact for business teams in relation to payroll queries
6. Manage and improve financial systems and tools (currently Paprika), seeking to continually improve and develop financial processes in order to increase productivity
7. Lead financial training across the business, ensuring compliance with and knowledge of all relevant
8. systems and processes
9. Oversee pension auto enrolment requirements
Regulatory, Audit
The role holder is accountable
10. Ensure all financial records (including balance sheet) and reporting are accurate
11. Lead the submission of audit information
12. Work with company auditors to ensure accurate, and on time, submission of all legal and regulatory filings in relation to finance
Cashflow Management including Retail Trading
The role holder is a critical leader of the business cash flow management strategy and delivery:
13. Implement and manage daily, weekly and periodic cashflow management processes, ensuring regular and timely review of all aspects of cash management
14. Provide regular and meaningful cash flow updates to the Executive and Board functions, including issue raising and resolution when required to ensure business solvency and continuity
15. Develop and implement proactive management strategies that maximise free cash flow at all times
16. Day to day contact for suppliers and other third parties in relation to payments, including payment dates, invoice queries and rebate management
17. Responsible for the processes and adequate controls of our Retail trading including the purchasing and retailing of customer products and goods, recording and reconciliation of stock values and associated cash management and profit / balance sheet reconciliation
Management Information and Budgeting
The role holder is accountable for providing accurate, timely and meaningful Board and Executive reporting:
18. Prepare monthly management accounts for the Company to Board and Executive teams
19. Provide monthly reviews of Company performance vs budgets and targets and provide insights and commentary as to variances that are reported
20. Support Executive teams in the preparation of Budgets, Forecasts and business reports
Team Leadership
The role holder manages a direct commercial team, an indirect supplier / third party network, and internal business colleagues and needs to be adept at managing these different groups:
21. Lead a team within the Commercial Team to ensure quality performance and promote a positive working culture in line with our values
22. Lead on key financial queries, training and development opportunities across the business
23. As a Senior Director, participate actively in initiatives to improve the business, including culture and development, profitability initiatives and team management
The Ideal Candidate for Financial Controller/ Finance Manager
24. You will be a experienced senior financial manager with extensive real-world experience
25. Experienced in Creative agency and other services businesses, with retail trading experience an added advantage
26. Demonstrable technical accountancy capabilities, including relevant qualifications and accreditations for the role (QBE, ACCA, CIMA finalist )
27. Highly personable and able to interact effectively with a wide range of stakeholders
28. Able to work in West London
29. Strong WIP management Skills
30. Paprika user ideally
VisionFR is committed to encouraging equality, diversity, inclusion and eliminating unlawful discrimination within our workforce and whilst fulfilling our Clients’ recruitment needs.
Due to the high level of applications being received if you do not hear from us within 5 working days, please assume your application has not been successful on this occasion, usually due to other candidates having more relevant sector exposure, qualifications or required skills.