Finance Manager

www.topfinancialjobs.co.uk - Jobboard; Stamford; On-site; GBP 33,000 - 38,000; Full time

Job summary

An established industry player is on the lookout for a Finance Manager to enhance their financial operations. This role involves ensuring compliance with accounting standards, managing daily transactions, and preparing month-end accounts. The ideal candidate will leverage their expertise in finance and accounting to drive continuous improvements and support the leadership team with insightful financial reporting. If you're passionate about finance and ready to make a significant impact, this is an exciting opportunity to grow within a dynamic environment.

Qualifications

• Proven experience in finance management and accounting.
• Ability to handle daily transactions and month-end reporting.

Responsibilities

• Ensure compliance with accounting standards and manage daily finance operations.
• Prepare month-end accounts and conduct variance analysis.

Skills

Finance Management

Accounting Standards Compliance

Xero Accounting Software

Cash Flow Forecasting

Variance Analysis

Budget Preparation

Team Management

Tools

Xero

Job description

Finance Manager

Location: Stamford

Salary: £33,000 - £38,000 (Dependent on experience)

Our client is seeking a finance professional to drive continuous improvements in the daily operations of the department.

Key responsibilities:

• Ensure all finance processes and procedures comply with accounting standards.
• Handle daily transaction processing, including purchase invoices, sales invoices, expenses, and credit cards.
• Manage banking and cash responsibilities, including reconciliation on Xero, payment of creditors, and management of debtors.
• Provide daily cash reporting to the leadership team.
• Prepare and report month-end accounts, including accruals, prepayments, payroll, rebates, and depreciation.
• Conduct variance analysis and balance sheet reconciliations.
• Handle quarterly VAT returns and prepare monthly reporting packs for board meetings.
• Develop cash flow forecasts and liaise with HR on monthly payroll.
• Assist in preparing annual budgets in conjunction with MD and CEO.
• Continuously improve finance and accounting processes.
• Support external accountants during the year-end process.
• Prepare financial information to support external applications such as grants and investments.
• Generate reports, including daily sales forecasts and weekly provisional and confirmed reports.
• Manage insurance, healthcare, and DIS renewals.
• Manage and train the finance team.
• Ensure compliance with ISO standards and all policies, including ISO27001:2022 ISMS, to support information security measures.
• Knowledge of Xero accounts package is advantageous.

Key Performance Indicators/Measurement:

• Contribute to overall company financial targets.
• Produce management accounts by the 8th of each month.
• Maintain debtor days below 90, ideally less than 5% overdue.
• Develop and support team growth.
• Complete year-end reports within 4 weeks of year-end.
• Deliver reports within established timelines.
• Maintain and promote company culture and core values.