Finance Manager

OA Recruitment; Stevenage; Hybrid; GBP 50,000 - 65,000; Full time

Job summary

OA Group in Stevenage seeks a Finance Manager to lead the finance function, own day-to-day operations and manage a small team. The role focuses on stock accounting, inventory valuation and ensuring data integrity across Dynamics and the reporting framework.

The position is full-time with 3 days in the office during a hybrid working model after an initial training period; salary £50,000–£65,000 per annum, and reports to the Finance Director.

Qualifications

• Experience with Dynamics BC, Power BI and Excel.
• Fully qualified accountant or equivalent senior finance experience.
• Stock accounting, inventory valuation and margin analysis experience.
• Experience with international trading.
• Experience in product-based businesses and small finance teams.

Responsibilities

• Produce monthly management accounts and ensure reliable data.
• Meet with managers monthly to compare budgets/forecasts.
• Report monthly management accounts to SLT and FD.
• Conduct margin analysis and cost of sales review.
• Oversee inventory processes and stock valuation.
• Assist year-end figures with Financial Director.
• Manage finance data within Dynamics and feeding systems.
• Oversee debtor/creditor ledgers and payment terms.

Skills

Dynamics BC

Power BI

Excel

Team leadership

Education

Fully qualified accountant

Tools

Dynamics BC

Power BI

Excel

Job description

Role Overview

Job Reference: 32791
Location: Stevenage, Hertfordshire
Hours: Full-time
Salary: £50,000 - £65,000 per annum

Finance Manager

Location - Stevenage

6 month contract

Full Time - Monday to Friday

Reporting to the Finance Director, the Finance Manager will act as a strong number two within the finance function, taking ownership of the day-to-day running of the department and the management of a small finance team. The role will ensure that financial processes, controls and reporting are accurate, reliable and fit for purpose, with particular focus on stock accounting, inventory valuation and the integrity of financial data within Dynamics and the wider reporting framework.

Must have:

• Strong experience of Dynamics Business Central.
• Worked in a business with high volume of stock.

Responsibilities includes

• Produce monthly Management Accounts, accurately reflecting the trading position, and following checking procedures to ensure the data is reliable and accurate.
• Monthly meetings with key managers to understand movements against budget/ forecasts
• Monthly reporting of management accounts to SLT, and proactively reporting any implications of figures and anomalies to FD and other managers
• Margin analysis
• Manage inventory processes and stock accounting to ensure accurate stock valuation, stock analysis, margin reporting and financial control over stock movements, and related cost of sales.
• Production of year-end figures alongside the Financial Director
• Management and accountability of finance data within Dynamics and the systems which feed into it.
• Responsible for the procedures for transactions so that debtor and creditor ledgers are accurate.
• Management, through direct reports, of the creditor and debtor ledgers (UK and overseas) so that agreed payment terms are monitored and adhered to.
• Overall management of bank accounts, to include foreign currencies and invoice finance facilities in multiple currencies Cash forecast planning and reconciling, with weekly team meetings to ensure accuracy and full vision on upcoming activity and to ensure that the treasury function provides appropriate financial arrangements.
• Production of the annual budget, connecting with other departments to gather information to compile figures.
• Reforecasting budgets intermittently to provide insight into actual activity, and to link to cash planning.
• Support and develop the finance function with a technology first approach. Ensure that where possible the systems capabilities are utilised to the fullest to speed up processes.

• Continue to build on the efforts to automate the finance function and to move away from administrative tasks and spend more time on the value-add elements of FP&A.

Skills and Experience required

• Demonstrable experience working with Dynamics BC, Power BI and Excel
• Fully qualified accountant or equivalent senior finance experience, including proven responsibility for management accounts, controls, team management and the day-to-day operation of a finance function.
• Strong experience in a product-based business with responsibility for stock accounting, inventory valuation, margin analysis and the financial impact of stock movements.
• Must have some international trading experience so comfortable with dealing with overseas customers and suppliers.
• Will have worked in a company of comparable size.
• Excellent attention to detail, reporting and communication skills.
• Strong commercial curiosity and a commitment to understanding what the numbers say about business performance, identifying opportunities for improvement and communicating those insights clearly to colleagues across the business.
• Proven ability to lead, coach and motivate a small finance team, setting clear expectations, maintaining high standards and creating a positive, accountable team environment.
• Personal integrity and understanding of the confidential nature of the role
• Ambition to see the role and company develop and to grow with it.

This is a full time role, fully office based for the first few weeks during training and handover, and then revert to hybrid working model with minimum 3 days in the office.

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Thank you for your interest in this vacancy, which is being advertised by OA Group, who are acting as an employment agency / business. Your application will be considered in competition with others and we will contact you within 3 working days.