Are you looking for a No 1 subsidiary role? If so, Athwal Resourcing is recruiting for a Finance Manager either on a part-time (4 days) or full-time basis for a small but highly profitable growing manufacturing subsidiary of a well-respected Midlands Group. The Group is committed to continued growth and investment and requires a high calibre Finance Manager to work closely with the management team. You will lead a small accounting team, maintain the accounting records and ensure financial information is prepared to a high standard on a timely basis for both the business and for Group reporting purposes. You will be instrumental in supporting the management team to improve the financial performance and will act as a liaison on group projects.
As Finance Manager, you will be involved in:
Month End Reporting: Preparation of month end management accounts in line with accounting policies and tight Group reporting deadlines;
Financial Control: Ensuring reconciliation of all balance sheet accounts including bank account reconciliations and postings; Providing high levels of financial controls and evidencing this via regular review with Group Finance;
External Reporting: Primary point of contact with external auditors and preparation of information required for year-end group audit.
Preparation of statutory accounts: Under UK GAAP with full responsibility for VAT;
Budgeting and forecasting: Lead the annual budgeting and quarterly forecasting to Group for the subsidiary;
Cash Flow: Short-term working capital management and cash flow forecasting;
Transactional processing: Supervise staff for weekly payroll, purchase ledger and accounts receivable management;
Operational Excellence: In the heart of the business you will be assisting managers with decision-making processes, working with the stakeholders of the company from non-finance personnel to directors. Your role will encompass product revenue and cost analysis and ownership of intercompany pricing mechanism and discounts;
System Efficiency: Liaising with system providers to ensure functionality is maximised, ensuring robust financial controls are implemented and adhered to and proactively improving procedures, systems and controls;
Stock Management: Review and improvement of the stock management system;
Foreign Currency: FX exposure monitoring and accurate recording of foreign exchange gains/losses;
Ad-hoc requirements and projects: As required by Group Finance including a system implementation.
You will ideally have the following background:
Qualified accountant or qualified by experience;
Worked in an SME environment in a hands-on finance role which has been part of a larger group, ideally in a manufacturing background;
Have hands-on experience with a good understanding of Group financial reporting in a finance position as a number one or number two;
Have a strong drive to ensure there is continuous improvement in processes & procedures and getting things done;
Be able to communicate with all levels of the business, both with finance and non-finance staff;
Have high attention to detail and ability to work to accurate & tight deadlines;
Experience of multi-currency;
Excellent analytical skills and advanced Excel skills;
Experience of working with ERP systems and a systems implementation would be advantageous;
Be a proactive and motivated individual who is capable of taking ownership of undertaking new projects.
My client is flexible on working hours, ideally suited for those looking to work 4 days or more. The company will offer in return the opportunity to develop your skill-set and grow within the Group.
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