Sr. Manager/AGM- Finance & Accounts

Munshi HR Solutions Ltd.; United Kingdom; On-site; GBP 50,000 - 70,000; Full time

Job summary

A financial services firm in the United Kingdom is seeking a financial manager to oversee team development and maintain accurate financial records. The ideal candidate will have strong leadership skills and experience in managing accounts payable and receivable, along with budget control. You will be responsible for ensuring all financial records are properly recorded and for preparing detailed reports on cash flow and costs. This role offers an opportunity to innovate cost-saving measures.

Qualifications

• Experience in financial management and accounting practices.
• Strong leadership skills to manage a team effectively.
• Ability to communicate with stakeholders and external auditors.

Responsibilities

• Manage and develop the team for efficiency.
• Ensure proper recording of financial records.
• Handle accounts payable and receivable management.
• Monitor costs and prepare variance analysis reports.
• Update and manage cash flow statements.

Job description

• Managing and developing the team, work allocation, system training, and building a competent, effective, and efficient team dynamic.
• Ensure that all financial records are properly recorded, reconcile all banking transactions, and communicate with banks and internal stakeholders for clarification, when necessary.
• Handling accounts payable & receivables, physical stock, inventory, and working capital management.
• Maintain payable management, all procurements, and prioritize payment requirements as per cash flow.
• Strictly monitor costs & budgets and prepare variance analysis report to establish control.
• Update and strongly follow-up periodical (daily/monthly/quarterly) cash flow statement, petty cash accounting, and treasury functions along with commercial/trade finance matters.
• Follow up on timely month-end account closing activities, board presentations, audited financials, and deal with external auditors for quarterly/annual financial audit.
• Develop accounting policies, procedures, and processes and ensure adherence for all relevant departments across the group.
• Take initiative to reduce cost, bank charges & commission, borrowing cost to ensure financial gain of the company through innovative cost savings ideas.