Finance Manager
- Recruiter
- Inchcape
- Location
- Milton Keynes, Buckinghamshire
- Salary
- £50,000 - £55,000 per annum Car and Bonus
- Posted
- 22 Aug 2017
- Closes
- 19 Sep 2017
- Job Title
- Finance Manager
- Category
- Retail / Wholesale
- Contract Type
- Permanent
- Hours
- Full Time
Finance Manager - Funding
Milton Keynes
£50,000 - £55,000 per annum Car and Bonus
Inchcape are looking for a Finance Manager - Funding for their Head Office in Milton Keynes, they are one of the leading franchised retailer groups in the UK, partnering many of the world's best brands including, Audi, BMW, Jaguar, Land Rover, Mercedes-Benz, Toyota and Volkswagen, they are passionate about ensuring customers come first, every time.
The successful Finance Manager - Funding will be accountable for managing, forecasting and optimising our working capital and cash flow positions which includes managing our c.£500m stock funding facilities, delivering interest expense savings and designing and implementing new and improved cash control procedures including the following:
- Lead the stock funding re-engineering process to tighten controls, implement portfolio management procedures and deliver interest savings from our stock funding facilities
- Design and implement a new and improved cash flow forecasting process to provide greater accuracy and insight into a key metric for the UK business
- Manage the working capital position throughout the year and develop and implement improved working capital control procedures for the sites and Franchises
- Partner the credit management team to continue the journey of supplier and customer rationalisation and reduce bad debt provisioning
- Lead and manage the relationship with our local banking partners both for Retail banking and stock funding and manage the relationship between the UK Finance team and Plc Treasury department
- Build relationships with key internal and external stakeholders including Site Managers, Shared Finance Centres, UK Finance team, Stock Funding Facility Providers and Retail Banking Partners
The Finance Manager - Funding will ideally meet the following criteria:
- Qualified accountant (ACA/CIMA/ACCA) with relevant cash flow experience
- Ability to build relationships and influence at all levels
- Proactive, able to operate on your own initiative and drive your own success
- Excellent verbal/written communication skills
If you are a progressive and driven candidate and want to join an expanding business then please apply with your CV.