Financial Controller

D.R.A.W RECRUITMENT; City Of London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A gallery in Mayfair is seeking an experienced Financial Controller to manage day-to-day accounting and oversee finance operations. Candidates must have substantial accounting experience, ideally within the art market, and be proficient in financial tools such as Xero. Responsibilities include VAT returns, managing financial integrity, and liaising with external accountants. This position offers a unique opportunity to contribute to financial process enhancements in a dynamic environment.

Qualifications

• Considerable relevant experience managing day-to-day accounting.
• Experience conducting AML checks.
• Strong financial operations oversight skills.

Responsibilities

• Oversee full-cycle finance operations including accounts payable and receivable.
• Administer payroll and oversee staff expense reimbursement.
• Develop and maintain budgets, forecasts, and rolling cashflow projections.

Skills

Relevant accounting experience

Experience within the art market

Strong experience with Xero

Education

Relevant accounting degree

Job description

A gallery in Mayfair is looking for an experienced and qualified Financial Controller to join their team. Successful candidates will have solid experience managing day-to-day accounting for a small to medium business within the art market and with experience of AML requirements for the art market.

Requirements:

• Considerable relevant experience
• Relevant accounting degree
• Experience within the art market
• Strong experience with Xero

Duties and responsibilities:

Oversee full-cycle finance operations, including accounts payable and receivable, management accounting and bank reconciliations.

Processing VAT returns.

Submit overseas (U.S.) Sales Tax filings.

Maintain the accounts receivable ledger and managed credit control processes ensuring prompt collections.

Generate accurate sales invoices in compliance with tax and contractual terms.

Ensure timely and accurate payments to suppliers in accordance with contractual terms.

Manage artist/consignor commissions with precision and contractual adherence.

Conduct Anti-Money Laundering (AML) checks.

Administer payroll, pensions and oversee staff expense reimbursement and company credit card reconciliation processes.

Develop and maintain budgets, forecasts, and rolling cashflow projections.

Monitor and improve internal controls, ensuring financial integrity and operational efficiency.

Collaborate with external accountants in the preparation and finalisation of year-end accounts.

Play a key role in financial process enhancements and liaised with external accountants for audit and reporting.