Head of Finance

England, London, City of London
13 Oct 2016
20 Oct 2016
Joanna Francis
Experience Levels
Contract Type
Full Time

The Head of Finance has responsibility for the overall control environment of the business including all elements of financial control, financial risk and cash management. Also for the internal Group reporting including production of the monthly management accounts, as well as statutory reporting and audit matters

Client Details

Multi site international retailer



 Manage the core Finance team of approximately 15, with 4 direct reports as follows:


 Drive and attend budgetary cost control meetings with head office cost centre managers to ensure adherence to Budgets

Identifying cost saving initiatives and driving profitability


 Maintain high levels of internal controls to ensure minimal risk or fraud, error or misstatement

 Maintain accurate and up to date financial records in accordance with prevailing accounting (IFRS) and statutory regulations

 Ensure the finance systems are properly maintained and that appropriate controls and checks exist

 Administration responsibility for banking mandates and online banking facilities

 Other aspects of financial control such as reviewing budgets, signing off the payroll, authorising expenditure and agreeing payment terms within certain limits


 Overall responsibility for the month end process, closing the accounts accurately within agreed deadlines

 Oversee the production of monthly reporting, both internally and Group reporting

 Ensure all accounts are reconciled and signed off promptly

 Identify any risks and opportunities


 Co-ordinate all aspects of planning and preparation for the interim and year-end audit and reporting, including the Group consolidation and liaison with external auditors as required

 Manage the audit process through to sign off of the Group statutory accounts in accordance with applicable accounting standards (IFRS)


 Maintain effective controls over cash receipts and payments across the business

 Manage cash flow using a rolling weekly cash flow forecast

 Ensure that foreign exchange currency risk is managed in line with the Group's treasury policy

 Maintain compliance with debt financing agreements, forecasting and reporting on covenants


Candidate Requirements

 Qualified Accountant

 Strong experience from operating in a similar role

 Retail sector experience a necessity, along with multi-site experience and an understanding of VAT matters within an EU environment

 Advanced knowledge of Microsoft Office with emphasis on Excel

 Ability and desire to drive change and add value to the business

 The maturity to manage, develop and motivate an ambitious team

 Excellent communication skills and the ability to deal with personnel at all levels of the business, and maintain credibility with other departments

 Ability to work well under pressure and meet tight deadlines

 Strong team-working skills

 Strong technical accounting and analytical skills with attention to detail

 Proactive self-starter who thrives on being fully accountable for their work

 Strong initiative and ability to manage multiple projects to tight deadlines

 Must be detail-oriented with strong analytical skills whilst still being able to view the 'Big Picture'.

 Ability to work well with others and handle pressure and rapidly changing demands in a fast paced environment

Job Offer

Competitive salary and benefits