GROUP HEAD OF FINANCE

Recruiter
Location
England, London
Salary
£55000 - £80000 per annum
Posted
12 Oct 2016
Closes
19 Oct 2016
Ref
6881876
Contact
Reza Massin
Experience Levels
Qualified Accountant
Contract Type
Permanent
Hours
Full Time

1. Manage Cash flow

Debtors and Creditors

* Ensure that the correct charges are reflected and that supporting documentation is available
* Assist the business development team to drive the form of payment to credit card option
* Resolve queries and build relationships with clients to support the inflow of cash
* Oversee reconciliations for correctness, test to ensure that the processes have been properly followed so that payments can be made
* Deal with financial technical issues as escalated by the team

Billing Settlement Plan

* Oversee to ensure that all tickets issued are invoiced and that all queries (debits and credits) are reconciled and paid in respect of EMEA

Banking

* Oversee to ensure that overdraft limits are adhered to
* Monitor bank accounts to ensure that cash flow is balanced and that there are sufficient funds to pay creditors
* Access funds from call accounts to ensure cash flow is maintained at the required level
* Give instruction to pass the journal and obtain further authorisation as necessary, depending on the required delegation of authority level
* Invest monies into call accounts as appropriate within the company cash management strategy
* Oversee corporate credit cards expenditure and payments

Payroll

* Oversee the financial aspect of the payroll ensuring that payroll is properly processed and balanced in respect of the Region
* Oversee to ensure that all statutory requirements are fulfilled and that third party payments are made

Statutory Returns (regional and global)

* Compile statutory returns for the Region including Tax, VAT, and payroll related payments
* Provide Health and Safety returns as required

2. Prepare Management Accounts

* Ensure that each section of the management accounts balances and reflects the true picture
* Report in writing on variances to budget, with commentary, on a monthly basis
* Provide management reporting in respect of e.g. daily cash flow , weekly age analysis and debtors report
* Analyse the gross profit of the Regions and highlight potential pitfalls to the Head of the Region in terms of financial wellness and achievement of the budget
* Ensure that management accounts are ready for the year end audit
* Assist and support auditors to meet deadlines

3. Manage Department

* Allocate work to the financial shared services team and ensure the proper segregation of duties
* Liaise with the team leaders directly in terms of quality standards and take corrective action if needed
* Conduct the Performance Planning Session with direct report and compile the Performance Management documentation in terms of:
- Key Performance Areas
- Personal Development Plan

* Track and monitor performance in accordance with processes, procedures and performance planning documentation
* Initiate pro-active and corrective action as required to ensure service delivery
* Monitor the functioning of the department and continuously provide feedback, coaching and training to ensure that the finance team performs at optimum productivity level
* Manage staff member in terms of day to day issues such as timekeeping, absenteeism, leave and the quality of work produced

Personal Specifications

* Diplomacy: The ability to communicate effectively and efficiently at all levels in the organisation
* Flexibility: The ability to remain flexible in terms of the requirement of the owner
* Commercial: The ability to help the decision makers of the business identify opportunities to grow the organisation
* Intelligent: The ability to apply the principles of problem solving techniques to identify and resolve a problem
* Timely: The ability to manage time effectively and efficiently

Reed Specialist Recruitment Limited is an employment agency and employment business.