Head of Finance
- Recruiter
- Michael Page Finance
- Location
- England, London, City of London
- Salary
- Negotiable
- Posted
- 13 Oct 2016
- Closes
- 20 Oct 2016
- Ref
- 13766402/001
- Contact
- Joanna Francis
- Job Title
- Financial Controller
- Category
- Retail / Wholesale
- Experience Levels
- Manager
- Contract Type
- Permanent
- Hours
- 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
Description
TEAM MANAGEMENT
Manage the core Finance team of approximately 15, with 4 direct reports as follows:
BUSINESS ANALYSIS
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
FINANCIAL CONTROL
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
MONTH END
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
YEAR END
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)
CASH MANAGEMENT
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
Profile
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