Finance Manager - ACA

Location
England, London, City of London
Salary
£60000 - £65000 per annum
Posted
07 Jun 2024
Closes
12 Jun 2024
Ref
BBBH196613
Contact
Dylan Feehily
Job Title
Finance Manager
Contract Type
Permanent
Hours
Full Time
Finance Manager (Month End / FP&A)
£60,000 - £65,000 + discretionary bonus
Hybrid (4 days office / 1 day wfh pw)
Central London offices
ACA Qualified - From Practice

Position Overview
The Finance Manager will play a crucial role in managing the financial health of our organisation, ensuring efficient financial operations, strategic planning, and regulatory compliance. This position requires a detail-oriented professional with strong analytical skills and a thorough understanding of the hospitality industry. The candidate will be someone who is a self-starter and is comfortable working in a less structured, ever changing and dynamic 'start-up' environment. With one of the key initial projects of the role bringing in-house the management accounts process they will have a chance to make an immediate impact on the business.

Key Responsibilities:

Financial Planning and Analysis:
  • Develop and implement financial strategies to support the company's goals.
  • Prepare detailed financial reports, forecasts, and budgets.
  • Conduct financial analysis to identify trends, variances, and areas of improvement.
Budget Management:
  • Oversee the preparation and management of the annual budget.
  • Monitor and report on budget performance, ensuring alignment with organisational objectives.
  • Implement cost-control measures to optimise financial performance.
Accounting and Reporting:
  • Ensure accurate and timely preparation of financial statements in accordance with GAAP/IFRS.
  • Manage the general ledger, accounts payable, accounts receivable, and payroll functions.
  • The key initial project will be to bring in house the month-end management accounts process (currently outsourced). Implement controls and processes to complete month-end
  • Coordinate month-end, quarterly and year-end close processes including all HMRC submissions
Cash Flow Management:
  • Monitor cash flow and liquidity to ensure the company can meet its financial obligations.
  • Develop cash flow forecasts and strategies to maintain optimal cash reserves.
Compliance and Risk Management:
  • Ensure compliance with all financial regulations and internal policies.
  • Liaise with external auditors, tax advisors, and regulatory bodies.
  • Implement and maintain internal controls to safeguard company assets.
Team Leadership:
  • Lead and mentor the finance team, fostering a collaborative and high-performance culture.
  • Provide training and development opportunities to enhance team skills and knowledge.
  • Conduct performance evaluations and set clear objectives for team members.
Strategic Partnerships:
  • Collaborate with department heads to support operational and strategic initiatives.
  • Advise senior management on the financial implications of business decisions.
  • Participate in cross-functional projects to drive business growth and efficiency.
About You:
  • Qualified Accountant ACA preferred (ACCA/CIMA with hospitality experience)
  • Strong knowledge of financial regulations, accounting principles, and industry standards.
  • Proficiency in financial software and Microsoft Office Suite (Excel, Word, PowerPoint).
  • Excellent analytical, problem-solving, and decision-making skills.
  • Exceptional communication and interpersonal skills.
  • Ability to work under pressure and meet tight deadlines.
  • Strong leadership and team management abilities.