Head of Finance

Fronius International GmbH; Milton Keynes; On-site; GBP 60,000 - 90,000; Full time

Job summary

A leading company in the financial sector is seeking a Head of Finance to join their UK Leadership Team. This role involves overseeing financial performance, ensuring compliance with accounting procedures, and managing a team of finance professionals. The ideal candidate will have extensive experience in finance and accounting, strong leadership skills, and a proactive approach to financial management.

Qualifications

• Minimum of five years professional experience in Finance or Accounting.
• Strong working knowledge of Microsoft Office applications.
• Demonstrated experience of budgeting, forecasting and profitability analysis.

Responsibilities

• Prepare and submit UK and Irish VAT returns.
• Responsible for ensuring monthly and annual financial statements comply with legal requirements.
• Day-to-day management of the Finance team.

Skills

Financial Accounting

Budgeting

Forecasting

Cost Control

Microsoft Office

ERP Systems

Interpersonal Skills

Analytical Skills

Education

Bachelor's degree or equivalent ACA, ACCA or CIMA qualifications

Master's in Accounting

Tools

BaaN ERP system

Job description

Position Overview

The Head of Finance is part of the Fronius UK Leadership Team. This position reports directly to the Managing Director of Fronius UK and is the responsible supervisor for two Finance employees. The Head of Finance works closely with local management and Fronius International (Austrian parent company) with regards to optimizing financial performance of the company and ensuring local level Accounting and Controlling procedures as well as reporting compliance. This position works closely with Fronius International with regards to forecasting, department budget planning, business entity taxes and reporting. The person is also the main point of contact for monitoring customer accounts, paying vendors, and collections.

Tasks & Responsibilities

• National Expert in Financial Accounting, Taxes and Controlling
• Support the Managing Director in issues concerning Finance and Controlling
• Prepare and submit UK and Irish VAT returns
• Submit Irish Intrastat to the Irish accountant
• Manage customs accounts paperwork (PVA/C79's)
• Responsible for allocating and posting current transactions as well as for the maintenance of general and sub-ledgers, accounts receivable, accounts payable, fixed asset table, depreciation, cost, property, and operating expenses, insurance records, monthly payroll ledger
• Responsible for analysis and examination of book entries and accounts
• Responsible for ensuring monthly and annual financial statements and reports comply with legal requirements, company policies and best accounting best practices
• Understand tax consequences and regulations with regards to shipping from the UK warehouse as well as from the Austrian warehouse (direct deliveries) to customers in the UK, Northern Ireland, the EU (i.e. the Republic of Ireland) and other third-party countries
• Responsible for the liquidity planning
• Responsible for Year End audit process
• Preparation of monthly and annual P&L and balance sheet analysis
• Preparation of annual budget requirements for the Finance and Controlling function
• Day-to-day management of the Finance team
• Supervise and train the Finance team members and ensure professional Finance and Accounting principles are followed
• Organize the Finance Department to promote optimum team effort and assist in the development and implementation of goals, policies, priorities, and procedures relating to financial management, accounting and budget
• Preparation and negotiation of all annual insurance renewals

Skills and requirements

• A Bachelor's degree or equivalent ACA, ACCA or CIMA qualifications
• Master's in Accounting advantageous
• Minimum of five years professional experience in Finance or Accounting, including advanced knowledge of Finance, budgeting, and cost control principles including generally accepted Accounting principles
• Demonstrated experience of budgeting, forecasting and profitability analysis/ Knowledge of government, national and local financial regulations, with regard to taxes and all applicable business financial requirements
• Experience in Finance and office management/ Previous experience in Team and Project Management advantageous
• Strong working knowledge of Microsoft Office applications
• Working experience with ERP systems; BaaN ERP system preferred
• Ability to work independently and as a team player
• Self-motivation with the ability to work effectively in a dynamic local and international team
• Solutions based mindset and adaptable attitude
• Willingness to learn and to undertake presence trainings at international headquarters as required
• Excellent communication and interpersonal skills
• Ability to resolve conflicts
• Maintaining confidentiality
• Ability to analyze financial / controlling data, preparing reports and maintaining standards

Are you ready for Fronius? Apply online now and become part of the Fronius family!