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Financial Controller

KennedyPearce Consulting
Posted 2 days ago, valid for 10 days
Location

Southall, Greater London UB1 1PY, England

Salary

£70,000 - £80,000 per annum

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • A privately owned business in West London is seeking a Head of Finance to join their team as they prepare for ambitious growth in 2025.
  • The successful candidate will report directly to the Board of Directors and will be responsible for producing accurate financial reports, managing budgets, and providing insights to senior management.
  • Key responsibilities include overseeing the Finance Department, ensuring compliance with accounting standards, and managing working capital effectively.
  • The role requires a minimum of 5 years of experience in finance leadership, particularly within an SME environment.
  • The salary for this position ranges from £70,000 to £80,000 per annum, along with additional benefits such as private healthcare and an annual bonus.

I am working exclusively with a privately owned business based in West London that have ambitious plans in 2025. Their long-standing Head of Finance has made a significant contribution to the development and success of the company but has recently decided to move on to pastures new. We have therefore been instructed to recruit a Head of Finance, who will report directly to the Board of Directors and will play their own vital role in the ongoing evolution of this company.

Key responsibilities of this role include:

  • Production of reports and forecasts to enable the Board and Management Team to make informed decisions, such reports to be accurate and timely.
  • Preparation and presentation of financial statements including P & L, cash-flow projections, Balance Sheets etc.
  • Providing robust financial data and insights and recommendations to Senior Management.
  • Developing, managing and monitoring the company's annual Budget.
  • Forecasting of future revenues, costs and financial performance.
  • Analysis of actual and budgeted results, highlighting where action may need to be taken.
  • Preparation of the annual audit file and working with the external Audit Team throughout the process.
  • Proven leadership skills and effective training, mentoring and management of the Finance Department - a team of 3 including an Apprentice.
  • Ensuring that the Finance Department at all times adopts "best practice" and are aware of any changes in accounting standards and regulations.
  • Overseeing Accounts Payable and Receivable, focusing on timely payments and collections.
  • Full understanding of all applicable statutory compliance requirements and maintaining the appropriate internal controls.
  • Experience in dealing with working capital management and identifying the best possible opportunities regarding hedging and currency buying strategies.
  • Running of the monthly "close" and Payroll, including the Pensions processes.
  • Leading the V.A.T., Postponed V.A.T. Accounting and H.M.R.C. processes and compliances, including P11D, Corporation Tax, E.M.I. entries, Apprenticeship Levy management and IR35 compliance.
  • Ensuring timely and accurate filing of tax returns and managing relationships with tax authorities.
  • Optimising working capital and monitoring cashflow, informing the Board if short-term financing may be required.
  • Technical accounting knowledge in consignment inventory management and imports.
  • Once fully embedded in the business, to act as "Financial Counsel" to the Board.

In return you will receive:

  • A salary between £70,000-£80,000 per annum depending on experience
  • 23 days holiday + bank holiday + christmas shutdown
  • Private healthcare
  • Annual bonus
  • Car or car allowance
  • 1 day per week working from home

This great opportunity would be suited to an experienced finance leader within an SME who is ready to embark on a new journey within a growing organisation. Is that you? Click apply now.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

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