Finance Director - Lincoln - £75k-£85k & bonus
Benjamin Edwards are excited to be working on an exclusive basis for a fast-moving high growth business in Lincolnshire. The role of the Finance Director will be to manage all day-to-day financial processes within a growing SME, including cashflow management, foreign currency transactions, banking relationships, forecasting and all statutory requirements. As Finance Director, you will also manage a small finance team and the operations in the MD's absence. Experience of not only financial but operational management, with the emphasis on people management, will be a key factor in this role. It is essential therefore, that you are able to manage, engage with, and inspire a large team within a fast-paced organisation. The role of Finance Director would suit a progressive and dynamic individual who is looking to continue their career in a fast-moving role.
The role of Finance Director
- Produce monthly Management Accounts and Management Information and present to senior management in a timely and accurate manner
- Production of sales and margin analysis and to highlight to the Managing Director areas of concern and underperformance
- Attending weekly meetings with senior management to report the position on all aspects of company finances sales, cash, stock etc.
- In conjunction with the sales team ensure that sales forecasts and budgets are prepared in a timely manner and that these projections are incorporated accurately in the company's overall financial budgets
- Analyse and review sales and margin performance on a monthly basis
- Produce profit and loss, balance sheet and cash budgets and forecasts within 10 working days of each month end
- Exercise tight cash control through management of invoicing, debtors, returns and debit notes. Ensure that at all times there is an up-to-date forecast of future cash flow and highlight to the Managing Director if at any point the cash is forecast to be less than expected and in particular remains within the agreed lending facilities.
- Maintain close control of all customer discounts, rebates, and commissions. Ensure that they are consistent with the figures budgeted.
- Work with product development and purchasing staff to forecast stockholding by line throughout the financial year
- Prepare Quarterly VAT returns and review monthly import VAT and duty payable. Ensure that VAT is always paid by the due date.
- Ensure that the company's annual accounts are produced accurately and in a timely manner. Also, that the audit file is completed within 4 weeks of the year end to ensure that the audit can commence and be completed within the month of February each year.
- Submit details of hours worked by works staff and other relevant detail for other groups to external payroll agency. Ensure that PAYE/NIC payments are always made by the due date.
- To manage and maintain the banking relationship and all the reporting for them is made in the timeframe required.
The ideal candidate for the role of Finance Director
- Degree level education
- Qualified accountant with a minimum of 5 years post-qualification experience
- Proven track record in Financial Director/Financial Controller roles and be technically and commercial strong
- Strong grasp of office operations and people management
- Possessing strong interpersonal, office management and operational experience would be a distinct advantage
Benjamin Edwards are the exclusive partner; all agency or direct applications will be forwarded to Benjamin Edwards.
Key words: Finance Director, Financial Controller, CIMA, ACCA, ACA, Accountancy recruitment in Lincolnshire