Finance Manager
Norwich
£45k + flexible benefits scheme
We are delighted to represent this high tech business based in Norwich who are seeking a Finance Manager. You will be responsible for overseeing the financial operations, ensuring the accuracy and timeliness of financial reporting, and maintaining effective financial controls.
Financial Planning and Analysis:
- Prepare forecasts for revenue, expenditure, and cash flow to support business planning and decision-making.
- Set, review, and control budgets to manage costs effectively.
- Conduct client profitability analysis to support pricing and contract negotiations.
- Prepare supporting calculations for R&D claims to maximise tax benefits.
- Identify financial risks and develop strategies to mitigate them.
- Develop and implement financial policies and procedures to enhance the financial health of the company.
Accounting and Reporting:
- Prepare monthly management accounts for internal review and decision-making.
- Present financial information to the board and other stakeholders to inform and support strategic decisions.
- Post monthly journals to ensure accurate and up-to-date financial records.
- Oversee the preparation of the company's financial accounts to ensure accuracy and timely presentation.
Accounts Management:
- Manage accounts receivable, including regular follow-ups and collection of outstanding debts.
- Oversee accounts payable, ensuring timely processing of daily payments.
- Handle payroll management, including monthly reconciliations, updates, and assisting with the calculation and communication of the incentive scheme.
- Administer expenses by reviewing coding and VAT rates, and posting transactions from our expense management software (Dext) to the accounting software (Xero).
- Raise sales invoices accurately and in a timely manner.
Reconciliation
- Perform daily reconciliation of bank accounts to ensure accuracy and completeness of transactions.
- Reconcile credit card statements to ensure accuracy.
- Reconcile client media spend, including retrieving and verifying media spend invoices.
- Identify and chase missing purchase invoices to maintain accurate financial records.
Compliance
- Prepare and submit quarterly VAT returns to ensure compliance with tax regulations.
- Monitor and ensure timely payment of tax liabilities.
- Ensure compliance with all relevant financial regulations and standards, including data protection laws.
Cash and Credit Management:
- Manage cash and credit card balances to ensure sufficient liquidity.
Contract Management:
- Create and manage Service Level Agreements (SLAs) and Statements of Work (SOWs) to ensure clear terms and conditions.
- Monitor upcoming renewals and support client success team in growing their accounts.
Systems and Process Improvement:
- Identify and implement improvements to financial systems and processes to enhance efficiency and accuracy.
As a Qualified Accountant (ACA, ACCA or CIMA) your role is crucial for maintaining the financial health of the company and supporting its growth and profitability.
For more information and complete job specification, please contact; James Steel on or email;