Financial Controller

Gold Care Homes; London; On-site; GBP 65,000 - 75,000; Full time

Job summary

A leading care homes group in London is seeking a Finance Manager to oversee financial performance and reporting. The role involves managing a junior finance team, ensuring compliance, and providing financial insights to support business growth. The ideal candidate will enhance financial controls and improve operational efficiency.

Benefits

Salary starting from £65,000

Employee Assistance Programme

Perkbox

Employee of the Month

Long-term service awards

Blue Light Card

Professional Development

Refer a Friend

Qualifications

• Experience in financial performance monitoring.
• Ability to manage a finance team.

Responsibilities

• Monitor financial performance and conduct variance analysis.
• Create and deliver reports to Senior Management.
• Manage junior finance team and oversee accounting processes.

Skills

Financial Analysis

Team Management

Reporting

Cost Management

Job description

About Us:

Gold Care Homes is a well-established national independent care homes group for the elderly. Established in 1999, it operates 34 care homes across the South of England, offering services including residential, nursing, frail elderly, and dementia care.

Job Description:

1. Monitor financial performance through detailed management reporting, submitted and circulated on agreed timescales.
2. Conduct variance analysis and review region/home performance with non-finance staff, particularly RMs, Business Partners, and HMs.
3. As a key member of the finance-led operations team, create and deliver seamless and timely reports to the Senior Management Team.
4. Provide sound and timely financial support to the Senior Management Team to guide business growth.
5. Manage the junior finance team, including Sales Ledger, Purchase Ledger, and payroll where required.
6. Oversee and develop accounting processes, utilizing existing systems to improve efficiency and effectiveness.
7. Control all operational aspects of the accounts processing function.
8. Ensure processes are compliant with group regulations.
9. Implement processes and procedures to meet tactical and strategic objectives.
10. Review systems and procedures, implementing improvements as necessary.
11. Supervise a team of at least three reports.
12. Collaborate with the Operational Sub-Committee, working with Regional Managers to support business growth, identify areas for improvement, and implement action plans.
13. Develop a culture of responsibility within the Head Office environment.
14. Enhance financial control through improved internal controls, reporting, and procedures.
15. Work towards improving margins, focusing on cost and overhead management.
16. Monitor and control cash flow, providing financial input on areas of concern.
17. Conduct ad-hoc investigations into finance issues as highlighted through management and sub-committee meetings.

Specific Function-Related Tasks:

• Sales Ledger: Review and report aged debtors with Accounts Receivable Manager and team; lead efforts to ensure revenue is correctly captured and collected; mentor and assist the team where needed.
• Purchase Ledger: Review supplier payment runs; check supplier rates and PO authorizations; ensure procurement procedures and policies are strictly followed.
• Payroll: Control, report, and investigate hours and wages monthly; suggest actions to prevent overspending; review weekly hours reports for variances; compare monthly payroll against budgets and report variances.
• Monthly Reports (within agreed timescales): Prepare and circulate GMR reports (pre-payroll and monthly), including analysis and remedial actions; prepare monthly management accounts with reconciled balance sheet, schedules, and commentary; discuss reports with regional heads, business partners, and SMT.

Benefits:

• Salary starting from £65k
• Employee Assistance Programme
• Perkbox
• Employee of the Month
• Long-term service awards
• Blue Light Card
• Professional Development
• Refer a Friend