Financial Controller and Bookkeeper

Jobs in Fitness; London; On-site; GBP 40,000 - 45,000; Full time

Job summary

A fitness recruitment agency is offering an exciting opportunity for a Financial Controller & Bookkeeper at a high-performance gym in London. This role requires overseeing financial operations, ensuring compliance, and supporting strategic decisions while blending a passion for fitness with professional skills. You’ll join a community-centered gym that values performance and connection, making fitness an empowering experience for all members.

Qualifications

• 3-5 years in a similar role, preferably in the fitness, wellness, or hospitality sector.
• Strong understanding of UK GAAP, IFRS, VAT, PAYE, and pension regulations.
• Meticulous accuracy in financial records and reporting.

Responsibilities

• Handle monthly payroll processing and ensure timely submissions.
• Prepare monthly reports, accounts, and VAT submissions.
• Monitor cash flow statements and manage budgeting.

Skills

Attention to Detail

Problem-Solving

Communication

Strong Desire to Learn and Grow

High-Performance Mindset

Education

Bachelor’s degree in Accounting or Finance

ACCA, CIMA, or ACA qualification

Tools

Xero

MS Excel

Job description

Are you a fitness lover who works in finance and wants to combine your passion for fitness and your profession? Then this role is for you!

This is an exciting opportunity tobecome the Financial Controller & Bookkeeper at a high performance gym at the intersection between performance and community.You will play a vital role in managing all financial aspects, ensuring regulatory compliance, and supporting strategic decisions. You will be responsible for overseeing payroll, VAT submissions, bookkeeping, budgeting, and financial reporting for the company and its expanding entities.As the company expands across the UK and beyond, they are seeking someone whocan ensure smooth and efficient financial operations that fuel their growth.

About the company:

Since launching in 2016, this space has been redefining the gym experience by blending elite performance with community connection. They stand against the solitary and dull fitness journey, making fitness social, fun, and empowering. Their vibrant club offers a 16,000 sq ft space combining premium gym facilities, functional fitness areas, and boutique studios. This gymisn’t just about fitness -it’s where fitness lovers connect and thrive, both physically and mentally. As part of this team, you’ll contribute to an exciting journey, enabling members to reach their best selves while helping the company scale to new heights.

The Role...

● Salary: £40k - £45k

● Working Hours: 40 hours p/w (minimum)

● Leave: 28 Days per annum. (incl. Bank Holidays)

● Culture: Startup mentality with opportunity for growth & development

Responsibilities:

Payroll Management:

• Handle monthly payroll processing for full-time and irregular staff (Front of House) across the companyand group companies, ensuring timely submissions to external payroll companies.
• Double-check staff commission calculations and ensure accurate wage payments.
• Update holiday entitlements and maintain employee records in the HR Management system.
• Manage pension enrolments and updates via SMART Pension.

Accounting and Financial Reporting:

• Keep Xero up-to-date with weekly and monthly invoices, payroll, and supplier payments for all group companies.
• Prepare monthly and annual accounts, profit and loss (P&L) statements, and balance sheets.
• Ensure the timely preparation of VAT submissions and error checks for all entities.
• Perform trial balance reviews and prepare the year-end for external accountants.
• Prepare monthly reports.

Cash Flow and Budgeting:

• Prepare and update weekly and monthly cash flow statements.
• Produce payment plans in line with the company’s budget and financial forecasting.
• Reconcile supplier and customer payments, including PT rent and corporate contracts.
• Monitor third-party revenue platforms (Hussle, ClassPass, GymPass) for timely collections.
• Assist with financial modelling.

Membership Revenue Management:

• Produce daily and monthly reports from the club management system and the CRM, tracking new registrations, attendance, and membership transactions.
• Manage debtors' collections, ensuring timely retrieval of payments from members in dunning status.
• Regularly review and correct revenue discrepancies to maintain accurate financial records.

Compliance and Regulatory duties:

• Prepare and submit annual confirmation statements for all group companies.
• Ensure compliance with UK tax laws, including PAYE payments and HMRC updates.
• VAT registration for any new group companies, ensuring regulatory compliance as the brand expands.

The Person:

• Attention to Detail: Ensure meticulous accuracy in all financial records and reporting.
• Consistency: Demonstrate reliability in maintaining high standards across all financial operations.
• Innovation: Work with the latest tools to innovate processes.
• Problem-Solving: Analytical mindset to identify and resolve financial issues efficiently.
• Integrity: Uphold ethical standards and transparency in financial management.
• Communication: Clearly convey financial information to non-financial stakeholders.
• Strong Desire to Learn and Grow: Commitment to continuous learning and adapting to the evolving needs of the business.
• High-Performance Mindset: Strive for excellence and contribute to the company’s growth with a proactive, results-driven attitude.

Professional Requirements:

• Qualifications: Bachelor’s degree in Accounting or Finance. ACCA, CIMA, or ACA qualification preferred.
• Experience: 3-5 years in a similar role, preferably within the fitness, wellness, or hospitality sector.
• Software Proficiency: Advanced skills in Xero and MS Excel.
• Knowledge of UK Accounting Standards: Strong understanding of UK GAAP, IFRS, VAT, PAYE, and pension regulations.

If you have a passion for fitness and a drive to succeed, this is the role for you!

Your recruiter for this role is Izzy Roberts,Senior Recruiter at Jobs In. Fitness, and can be contacted simply by applying for this role below. Jobs In. Fitness are a fitness recruitment agency, specialising in hundreds of fitness jobs in the UK like these. If you are keen to be considered please ‘apply now’. Please note that only applicants matching the strict criteria above will be contacted as part of the recruitment process.