Michael Page Finance

Financial Controller

London

Salary: £50,000 to £60,000 

An opportunity has arisen for a Financial Controller to join a high-net-worth family office based in central London and support them with their business interests.

Details about the Client

Our client is a private high-net-worth family with a diverse range of business ventures/interests including retail, property and business services. They have their headquarters based in central London.

Detailed Job Description

This is a newly created position as up until now, the Financial Controller functions have been split between external providers and other office staff. The growth in the businesses managed directly by the family mean that the functions need to be brought in house and consolidated into one position.

Role and Responsibilities:

Role will be as part of small private office structure in the UK with some occasional travel to Scotland/Monaco

The responsibilities of the role are both broad and the day to day responsibilities include:

Role will be as part of small private office structure in the UK with some occasional travel to Scotland/Monaco

The responsibilities of the role are both broad and the day to day responsibilities include:

  • Management Accountant - P&L, balance sheet, cashflow forecast
  • Annual statutory accounts
  • Relevant financial analysis & commentary in performance
  • Preparation of financial plans and budgets for the private office
  • Financial support for new business ventures
  • Preparing and maintaining the books and records of all companies and vehicles
  • Cash management/cashflow forecasting
  • Payroll reporting and payments to suppliers
  • Tax compliance
  • Financial management reporting for the family showing movement in net wealth, cash, operating income and expenditure
  • Establishing and maintaining the formal operating and reporting processes of the finance function - this is currently manual and spreadsheet based and requires automation via off-the-shelf-software
  • Dealing with external advisers such as accountants, lawyers, bankers, property agents

Financial Controller - Private family-owned business

Candidate's Profile

The successful candidate will have the following:

  • MUST be qualified - ACCA/CIMA/ACA
  • Strong academic background
  • Experience establishing and maintaining financial management and reporting processes for small/medium sized business
  • Audit/practice trained desirable
  • Operational exposure e.g HR/IT experience highly desirable
  • Family Office/HNW exposure desirable
  • Confidence in dealing direct with senior stakeholders and key individuals
  • Understanding of a private office environment, in particular the need for discretion and confidentiality

Financial Controller - Private family-owned business

What's on offer

On offer for the successful Financial Controller is a basic salary between £50,000 to £60,000 + depending on experience + bonus & benefits.

Strong delivery in this role has the potential to evolve inline with the business growth into a more front-office/strategic focused position and support with due diligence/research with future acquisitions. There will likely be a need to hire further employees into the finance team.

Financial Controller - Private family-owned business

Where specific UK qualifications are required we will take into account overseas equivalents. All third party applications will be forwarded to Michael Page.

Ref Code: MPGW13836512Z