Financial Controller
- Recruiter
- Bluprint
- Location
- Liverpool, Merseyside
- Salary
- £37,500 to £42,500 pa DOE + 10% bonus based on Company performance
- Posted
- 13 Feb 2017
- Closes
- 13 Mar 2017
- Job Title
- Financial Controller
- Category
- Business Services, Consultancy Services, Digital
- Experience Levels
- Qualified Accountant
- Contract Type
- Permanent
- Hours
- Full Time
Financial Controller
Liverpool
£37,500 to £42,500 pa DOE + 10% bonus based on Company performance
The Role
The purpose of this role is to manage the month end closing process and provide timely, accurate financial reporting and relevant KPI’s for the Board so that the management team has the information it needs to support commercial strategies and tactical decision making. The successful candidate will be required to rigorously manage the balance sheet, working capital and the processes and controls required to ensure that both the business and the finance function operates efficiently. The role will be responsible to ensure that the Company is compliant with all appropriate legislation including, PAYE, VAT, Corporation Tax, Treasury and Transfer Pricing. Reporting to the MD. This role currently manages one person but will be expected to grow the team as the business expands.
Key Responsibilities
Management Results and Reporting:
- Produce the monthly management accounts to enable the timely production of the Company’s P&L, balance sheet and cash flow, with comparative against budget, prior year and forecast, split by departments and overseas Branches.
- Lead the implementation of a new financial software package
- Production of all monthly balance sheet reconciliations so that rigorous financial control of the balance sheet is maintained.
- Support the finance team in the compilation of the annual budget and regular forecasting activities.
- Develop and maintain weekly KPI’s both financial and operating metrics to support the senior management team
- Provide support in production of the board pack
- Implement controls for accounting for long term contracts and job costing
Statutory Reporting and Responsibilities
- Liaise with external advisors on the preparation of the Company's statutory financial statements and accompanying notes, and establish an audit regime across the company which is both cost effective and operationally efficient.
- Manage all tax and regulatory compliance issues including the timely preparation of tax computations for VAT and Corporation Tax and pass them to the relevant external advisors for completion and submission.
- Lead the tax planning drive in the Group, ensuring that the appropriate Transfer Pricing agreements are in place and that the Group recovers the maximum amount possible in withholding tax.
- Ensure appropriate procedures are in place to ensure the business is fully PAYE compliant.
- Manage outsourced functions
- Maintain an orderly accounting filing system
- Monitor debt levels and compliance with debt covenants
- Comply with local tax and reporting requirements
Controls and Process Management
- Support the team in designing and evolving appropriate processes and controls for the business and the finance function, to deliver on its obligations and help the business to understand the purpose of the finance function and the disciplines it promotes.
- Manage the Payables transaction processing to ensure that supplier queries are dealt with on a timely basis so the working relationships with external stakeholders are maintained and the Company’s working capital is not adversely impacted.
- Ensure that there are adequate controls in place in all Payroll areas in the Company. Prepare monthly reporting on payroll costs and headcount.
- Ensure that the Travel and Entertainment Policy, Purchase Ordering policy and other Company policies are properly applied and that adequate controls are in place keep the costs within budget. Also ensure that all relevant benefits tax regulations are complied with.
- Develop the financial systems, processes and controls within the business in order to enhance the visibility and flow of financial information across the business.
- Manage cash collections and credit control.
- Develop and maintain a documented system of accounting policies and procedures.
- Develop and maintain chart of accounts
- Develop and maintain the fixed asset register
- Work with the finance team in implementing a new accounting software to automate the finance function and integrate into other business software e.g. Salesforce and Work Front.
Cash Flow Management
- Prepare, on a weekly basis, a 13-week cash flow forecast together with commentary and variance analysis to highlight any exposures and risk mitigation using the company cash flow forecasts provided by the finance team.
- Rigorously manage the company’s cash flow by ensuring reconciliations are completed and any variances or discrepancies are investigated through to satisfactory conclusion.
- Work with FD on a long range cash flow forecasting reports for senior management and the Board.
- Ensure efficient usage of business cash flow, particularly around forex risk.
People Management
- Project work that results from the responsibilities above.
- Provide direction to your direct reports to ensure that the day to day operations are managed and performed correctly and within set deadlines.
- Undertake the line management, training, development, appraisal and motivation of your direct reports to ensure all logistical tasks are carried out on time and to a high standard and that objectives are being met.
Key Skills and Qualifications
- ACA/ACCA/CIMA qualified accountant with a minimum of 5 years PQE
- Up to date technical knowledge on accounting regulations
- Up to date awareness of Tax legislation in the UK
- Strong business analysis, problem solving and decision making skills
- Effective communication skills (both face to face and written); to work effectively and productively with both financial and non-financial personnel
- Competent use of financial systems
- Highly numerate with demonstrable problem-solving skills to provide accurate, timely and relevant information with added value
- Microsoft Office conversant; has excellent Excel skills and is an experienced user of accounting and reporting software
- Demonstrable experience in UK & International within multi-currency environments, ideally within a Services industry environment
- Able to build relationships and quickly develop an understanding of the marketing automation business
- Effective influencer and persuader and is a confident and credible presenter
- Resilient and is capable of saying “no” when required and in a constructive manner
- Proactive and ambitious, keen to add value
- Professional, adaptable and positive approach to a varied workload
- A successful team leader with experience of line managing staff and structuring strong teams
- Able to provide clear direction and motivate colleagues, empowering them and delegating tasks appropriately
- Ability to mentor your team and help them to develop their skill set