Finance Manager

Clarity Occupational Health Limited; Stockport; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading occupational health company is seeking a dynamic finance professional in Stockport. The role oversees cash management, accounts receivable, and payroll, requiring experience in managerial roles alongside proficiency in Excel and Sage. This is a great opportunity to lead finance operations in a supportive environment, ensuring accurate financial reporting and compliance.

Qualifications

• Experience in a managerial or supervisory role.
• AAT part or full qualification required.
• Proficiency in Excel and Sage software necessary.

Responsibilities

• Manage cash flow and forecasting.
• Lead finance team and conduct performance reviews.
• Process invoices and manage accounts payable/receivable.

Skills

Cash Flow Management

Accounts Receivable

Accounts Payable

Payroll Administration

Debt Recovery Strategies

Sage Software

Excel Proficiency

Education

AAT Qualification

Tools

Sage 50

Sage 200

Microsoft Office

Job description

Are you a dynamic and skilled finance professional looking for your next opportunity?

Principle Accountabilities/Main Functions

Cash Management / Banking

• Full responsibility for managing cash flow and forecasting.
• Manage payment plans.
• Authorize all payments affecting current and savings accounts. Manage credit cards, including ordering, cancelling, and sending statements to relevant departments, ensuring proper processing onto Sage and VAT analysis.
• Manage unfunded debt levels, liaise with invoice discounting providers, and ensure monthly reconciliations are completed on time.
• Oversee the annual invoice discounting provider audit.
• Assist in preparing and submitting the HMRC Quarterly VAT Return.

Accounts Receivable

• Manage a sales ledger debt of 7 million, employing appropriate debt recovery strategies.
• Handle high-profile clients and key escalation points for queries.
• Carry out and report debt collection forecasts weekly to the FD, indicating outstanding debt and cash liquidity impact.
• Close the Sales Ledger by the 15th of each month, ensuring all transactions are completed and accounts reconciled. Report any delays to the FD.
• Manage credit limits, new accounts, and existing account administration.
• Generate outstanding debt reports to prioritize collection efforts.
• Handle intercompany transactions and recharges.

Accounts Payable

• Monitor and manage the Purchase Ledger, processing 3 million invoices, ensuring correct coding aligned with budgets.
• Manage relationships with external suppliers and prioritize payments within cash flow constraints.
• Analyze gross profit on consultant deployments, monitor margins, and report to the FD.
• Process employee expenses, ensuring HMRC compliance, with approval from departmental budget holders, and close off by the 15th of the following month.
• Manage the company credit card system, ensuring transactions are correctly coded and processed onto Sage, with VAT analysis.

Payroll

• Assist in monthly payroll administration for the outsourced payroll team.
• Lead and develop the finance team, setting SMART objectives, conducting appraisals, and streamlining workflows.
• Conduct quarterly performance reviews of the team.

Ad hoc

• Ensure consistency and accuracy in the accounting system, maintaining confidential and organized financial data.
• Review and improve processes regularly.
• Manage work delegation from mailboxes.
• Handle company insurance and utility renewals.
• Support other departments with reporting and process setup.
• Assist with ISO 9001 and 45001 certifications on behalf of the finance team.

Preferred Qualifications / Experience:

• Experience in a managerial or supervisory role.
• AAT part or full qualification, proficiency in Excel, Microsoft Office packages, Sage 50 or 200, and payroll administration experience.