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Head of Finance

Finance

Job ID: 5874234

Warrington, Cheshire, England
£70k - 90k per year

Job Type: Full Time

Duties:

Position: Head Of Finance

Salary: £70,000 - £90,000 DOE

Location: Warrington

An exciting opportunity has become available for a thriving business within the Financial Services industry. Our client is looking for a Commercially driven Head of Finance who will take responsibility heading up the business finance department. If you come from a similar industry and are looking for an opportunity that will offer challenges but many rewards then this could be the role for you

Job Description

  • Responsibility for establishing a precedent bank of, and thereafter maintaining, company accounting policies using established financial regimes such as GAAP as an appropriate reference point
  • Assisting the Managing Director and SMT set budgets/predicting future trends and monitoring performance throughout the financial year
  • Providing and interpreting financial data, including but not limited to monthly board packs (profit and loss/balance sheet/budget performance/cash flow/credit control/debt recovery and financial forecasting)
  • Preparation of annual draft accounts, bad debt provision, annual adjustments.  Liaising and assisting external accountants prior to the final draft approval
  • Source, negotiate and put in place specialist business insurance requirements
  • Researching external and internal factors impacting on business financial performance
  • Research, develop and implement new financial processes, software and systems to improve finance department efficiency
  • Analysis of competitors, industry benchmarks and trends
  • Liaising internally to identify issues/lock up in invoice realisation. Actively input into claims journey with financial housekeeping KPIs in mind. Lead regular commercial meetings to ensure forecasted sales are on track
  • Weekly Directors report, containing cash flow, business trading and collections data
  • Assessing cost-reduction opportunities and ensuring value in our supply agreements
  • Assisting with the formulation of short-term and long-term business planning including discussions with advertising providers and considering profitability of potential future product lines
  • Researching and making grant applications, where appropriate (e.g. EU funding, UK government grants)
  • Management and coordination of research and development claims, supply all financial information, ensuring timely submission
  • Assessing product financial performance at a macro level using our analytics tools. Help the business identify most profitable workstreams and liaise with third party advertising partners accordingly
  • Formulate financial reports and KPIs for external advertising partners
  • Supporting the management team with ad hoc operational tasks and bringing general commercial acumen and experience to the running of the business
  • Taking the lead on seeking out funding and investment opportunities
  • Keeping abreast of changes in financial regulation and legislation and attending relevant FCA externally hosted courses
  • Oversee and manage the finance and credit control team staff, ensuring accounts are up to date and fully reconciled, and ensure credit control is working efficiently to maximise collections
  • Management and oversight of company payroll (inc. keeping staff personal financial information up to date)
  • Identifying, developing and managing external relationships with appropriate other contacts, e.g. solicitors, debt collection agencies, external accountants, bankers and statutory organisations such as HMRC
  • Approving day-to-day company payments to suppliers and contractors via Bankline
  • Producing calculations for FCA reporting obligations and returns, including but not limited to regulatory returns, firms details, attestation, PRR, VoP, tariff data, financial resilience reports
  • Preparation of information for Directors annual income tax returns, manage and coordinate submission of tax returns, payments on account and personal income tax forecasts. Annual P11D submissions
  • Hold the position of CASS Officer within the business – responsible for company adherence to FCA CASS rules, ensuring regulated and non-regulated client money is handled appropriately, ensuring all daily reporting requirements are met.  Manage the annual CASS audit, all supported by the internal Q&R team
  • General responsibility for all HMRC matters including VAT returns, filing, payment, corporation tax
  • As a key member of the Senior Management Team, you will be a trusted advisor and an agent of change for the company, always working towards the wellbeing of the business, being an active member of the team, proactively making suggestions to improve business performance and being regularly involved in business decision making
  • Leading and actively participating in executives, committees, and projects as necessary for the role
  • Remain aligned to the Operations Executive, ensuring the best interests of the business at all times
  • Foster an inclusive culture which encourages each individual to have the passion to deliver exceptional service throughout the business
  • Ensure that the business provides staff with the appropriate resources, skills and knowledge they need to be effective, efficient and regulatory compliant
  • Manage and embed changing initiatives into the company’s ways of working
  • Participate in the review, amendment and implementation of relevant policies and procedures across the business including data, GDPR and systems
  • Ensure any GDPR or FCA conduct issues are promptly resolved and reported to the Managing Director
  • Adherence to client confidentiality and GDPR requirements.  Handling personal data in accordance with the company's data protection policies and procedures
  • Support the business compliance needs including policy documentation and training staff in matters related to your sector, following defined processes and use of business tools
  • Ensuring all team members have received appropriate training in order for them to perform duties in line with their job description and support them with any further training required to improve their skills
  • Commitment to the company’s ethos of high-quality standards of customer care.
  • Commitment to comply with health and safety regulations and to operate within our Regulator’s rules (as applicable to the job role)
  • Responsible for ensuring consumer duty responsibilities appropriate to the role are adhered to
  • Ensuring all personal learning requirements are regularly maintained in line with company, legal, regulatory and industry guidelines
  • To carry out any other duties that are within your skills and abilities whenever reasonably instructed

The Successful Candidate

  • Has strong personal leadership qualities and personal credibility to inspire trust and confidence in the finance function and wider business
  • Is a strategic and innovative thinker who can translate strategy into operational and project plans and goals, and be hands-on in implementing them
  • Demonstrates a proven ability to challenge, influence make changes with positive benefits
  • Strong commitment to upholding ethical business progression and best practice
  • A strong commercial mindset with the ability to use this when making all business decisions
  • Excellent verbal and written communication skills, to communicate with all levels of the company
  • Be a team player, with excellent organisational skills
  • Excellent time management skills, and the ability to prioritise competing demands
  • Be diligent and conscientious, with excellent attention to detail
  • Ability to work to deadlines and within defined standards
  • Possession of a good working knowledge of IT encompassing, but not limited to SharePoint, Word, Excel, and PowerPoint

 INDCOM

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 Call ‘Hannah Baron’ on: 01925 637871
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Job ref: GW - HOF WA2