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Finance Manager

Salt Digital Recruitment

Greater London

On-site

GBP 55,000 - 62,000

Full time

17 days ago

Job summary

A leading European distributor specializing in IT infrastructure seeks a Finance Manager to oversee divisional P&L reporting, payroll analysis, and expense management. The ideal candidate will have qualifications such as ACA, ACCA, or ACMA, alongside strong technical accounting skills and advanced proficiency in Excel. This is a permanent position based in Greater London with a competitive salary range of £55,000 to £62,000 per annum.

Qualifications

  • Qualified accountant with significant post-qualification experience, preferably in tech distribution.
  • Strong understanding of financial reporting standards required.
  • Ability to balance compliance and business support.

Responsibilities

  • Responsible for divisional P&L reporting and payroll cost analysis.
  • Overseeing monthly payroll cost reporting and variance analysis.
  • Supporting and mentoring junior finance team members.

Skills

Strong technical accounting knowledge
High attention to detail
Effective communication skills
Advanced Excel proficiency

Education

Qualified accountant (ACA, ACCA, ACMA)
3+ years post-qualification experience

Job description

Finance Manager – Technology Distribution Sector

Reporting to: Financial Controller

Company Overview

A leading European distributor specialising in enterprise IT infrastructure, components, and cybersecurity solutions. The company challenges traditional distribution models through a focused, consultative sales approach and has established itself as a market leader across several categories including storage, networking, server solutions, power, backup, and cybersecurity.

European Presence

The company operates across Europe, with a primary logistics and production facility in the UK and additional offices in countries including the Netherlands, Germany, Sweden, France, Belgium, and Italy. It supports approximately 200 employees, manages 2,000+ customer accounts, and represents around 60 technology brands.

Market Offerings

  • Enterprise Infrastructure: Component and unit-level solutions for data centres and edge use cases, including AI, gaming, and media.
  • Component Sales: Business-class components such as disks and processors for OEMs, resellers, and hyperscalers.
  • Security: Hardware and software solutions for endpoint protection, perimeter access control, and backup systems.
  • Services: Technical value-added services beyond standard distribution offerings.
Role Overview

The Finance Manager is responsible for divisional P&L reporting, payroll cost analysis, and expense management. The role includes planning, forecasting, reporting, and ensuring integrity across finance processes.

Key Responsibilities

Divisional Finance:

  • Ensure accuracy and completeness of divisional P&L and balance sheet.
  • Collaborate across group companies to ensure timely processing and approval of cost allocations.
  • Present monthly financial performance to senior finance leadership.
  • Lead forecasting and budgeting processes to meet deadlines.

Payroll Analysis:

  • Oversee monthly payroll cost reporting, including bonus accruals.
  • Perform payroll variance analysis against budget and prior periods.
  • Support scenario planning and analysis with senior management.
  • Lead payroll cost forecasting and budgeting.
  • Manage payroll journals, cross charges, and balance sheet reconciliations.
  • Serve as finance contact for payroll and third-party providers.

Expenses:

  • Develop and implement travel and expense reporting tools.
  • Manage credit card reconciliation and ensure correct cost allocation.
  • Work with HR to maintain travel system controls.

Team Support:

  • Assist in month-end reporting packs for group submission.
  • Review balance sheet accounts across relevant divisions.
  • Support and mentor junior finance team members.
Key Competencies
  • Strong technical accounting knowledge
  • High attention to detail
  • Effective communication skills
  • Self-motivated and well-organised
  • Ability to build strong working relationships
  • Advanced Excel proficiency
Person Specification
  • Qualified accountant (ACA, ACCA, ACMA) with 3+ years post-qualification experience, preferably in tech distribution.
  • Strong understanding of financial reporting standards.
  • High proficiency in Excel and handling complex datasets.
  • Excellent verbal and written communication.
  • Ability to balance compliance with business support.
  • High level of accuracy in reviewing detailed financial data.
  • Proactive, disciplined, and deadline-focused.
  • Motivated team player with a process improvement mindset.

*Rates depend on experience and client requirements

Job Information
Job Reference: JO-2506-354393
Salary: £55000.00 - £62000.00 per annum
Salary per: annum
Job Duration:
Job Start Date: 04/08/2025
Job Industries: Sales Leadership Jobs
Job Locations: Greater London
Job Types: Permanent
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