Job Description

Preparation of accounts

• Ensure the preparation of timely and accurate monthly management accounts and reports for operational management
• Responsibility for all journals and final GL balances including review of month end balance sheet reconciliations and control accounts
• Ensure the accuracy and integrity of the Group’s accounting records and financial systems

• Production of statutory accounts for the Group and its various subsidiary companies as and when required in accordance with the relevant accounting principles and legislation
• Play a full part in providing relevant & timely financial information to the Director Group to enable a balanced and objective assessment of the Group’s strategy and objectives

Budgets and forecasts

• Preparation of budgets, forecasts and business plans and continued monitoring & review of performance against them to enable robust reporting of variances to the Director Group

Financial management and controls

• Effectively manage the working capital components of the Group with specific attention to WIP, debtors and cash balances
• Active management of overheads whilst seeking out areas for efficiencies for savings
• Management of trading activity between Group divisions including keeping up to date the Group’s Terms of Business

• Overseeing monthly processing of payroll and payments to employees
• Review and update, in line with good practice, the Group’s internal control environment and produce a Controls and Procedures manual for review and adoption by management
• To assist the Director Group in respect of periodic reports to the Non-Executive Committee explaining the processes adopted and undertaken by management to keep under regular review the effectiveness of internal controls covering financial, operational & compliance controls

• Play an active role in assisting management in the risk assessment process and embedding a risk management culture throughout the organization

Taxation

• Support the Director Group in the development and execution of the Group’s taxation strategy
• Ensure returns for Corporation tax, VAT and other relevant taxes are submitted, payments made on time and all relevant regulations are complied with

Information Technology

• To take a lead role in the implementation of new accounting systems
• Working closely with IT to ensure users have access to the key components of accounting system, receive adequate training and have the essential reports readily available to facilitate decision making and problem solving

Staff

• Effectively manage, motivate and develop the Group Finance team (when relevant)
• Supervise & review performance of individuals in the team (when relevant)
• Implementation of a change management culture by challenging & replacing established processes and procedures where necessary

• Give direction and leadership towards the achievement of each division’s strategy and its annual goals and objectives
• Liaise with different divisions to ensure Group Finance is properly supporting the needs of the operating businesses

Staff

• Manage relationships with brokers, bankers and other parties as directed by the Operations Director
• Keep key stakeholders up to date on progress against key milestones
• Ensure the Operations Director is kept informed of industry developments which are relevant to the operation of an efficient finance function

• Carry out any further tasks for which your qualifications & experience are suited as directed by the Company

Required Knowledge, Skills, and Abilities