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Finance Manager

Finance Manager

Job Title: Finance Manager
Contract Type: Temporary
Location: City of London, London
Industry:
Salary: £60000 - £65000 per annum
Start Date: ASAP
REF: RB124_1554716786
Contact Name: Rahela Begum
Job Published: 17 days ago

Job Description

The Consultancy Group are currently recruiting for a Finance Manager for a British Institution based in Central London.

  • To manage and oversee the accounting and transaction processing services (including General Ledger, Accounts Payable (including expenses) and Purchasing, Accounts Receivable (credit control and billing), Cash Management and Fixed Assets)
  • To work closely with the FD and oversee control and compliance activities (including preparation of annual statutory accounts and liaison with auditors; completion of all statutory and tax reporting; review of balance sheet reconciliations; monitoring implementation of internal/external Audit recommendations)
  • To work closely with the Deputy Director of Finance and Head of Procurement, as well as the FD, to ensure a co-ordinated approach to the Finance Function

MAIN RESPONSIBILITIES:

  1. Manage the maintenance of general ledger records, ensuring accuracy, timely accounting, resolving issues and queries, as required.
  2. Prepare the annual statutory accounts and monthly audit files for six "group entities", and to liaise with the FD and external auditors, as required.
  3. Review monthly balance sheet reconciliations to ensure that the information reported in the management accounts accurately
  4. Manage and direct the accounting and transaction processing services with five direct reports (Senior Financial Accountant, Accounts Payable & Purchasing Supervisor, Sales Ledger & Credit Controller, Cash Management Assistant and Friends Finance Manager) and currently a further seven indirect reports. Undertake appraisal reviews and monitor and review performance to ensure the team applies a professional standard of performance at all times.
  5. Contribute to the overall development of systems, processes and procedures within Finance - working closely with the FD, as appropriate and as directed.
  6. Review and duly submit timely statutory and tax reports, including VAT returns; National Statistics Surveys; Gift Aid submissions; Museum and Galleries Tax Relief claims, and Charity Commission returns.
  7. Provide financial analysis relating to the financial accounts for inclusion in management papers and reports, specifically the annual Balance Sheet budget.
  8. Support the FD in investment and treasury management planning.
  9. Identify areas, which may have a potential VAT impact or impact on current VAT treatment, and brings these to the attention of the FD.
  10. Provide guidance on the financial impact of projects, as requested.
  11. Review the effectiveness of current systems and processes, and evaluate the impact of new systems or changes and implement any improvements required, including those identified from internal audit or external audit reports.
  12. Act as the main contact point to the accounting software service provider, for issues relating to Sun Systems (including iPOS).
  13. Prepare / review a quarterly dashboard report of Key Performance Indicators across transaction processing and control and compliance activities.
  14. Assist in the preparation of long term financial planning.
  15. Attend quarterly Audit Committee meetings and prepare / assist in the preparation of material for both the Audit and Finance Committees.
  16. Undertake any other duty, which may reasonably be allocated by the FD or other senior officer.
  17. Ensure that Health and Safety policies, procedures and regulations are known, understood and complied with by yourself, your team and any contractors, suppliers and all others who work with the team.

PERSON SPECIFICATION

  • Qualified accountant (ideally ACA or ACCA) with at least 5 years PQE
  • Experience of Charity SORP accounting is desirable.
  • Demonstrable experience of management accounting, transaction processing and control and compliance procedures is essential.
  • Strong skills in financial systems - preferably SUN Accounts, in particular experience of Query & Analysis. IPOS experience would be an advantage.
  • Existing experience of managing people; strong coaching and mentoring skills.
  • Excellent IT skills; advanced user of Excel and PowerPoint.
  • Excellent attention to detail.
  • Ability to plan, manage and control complex workloads to tight deadlines.
  • Well organised with a methodical and accurate approach to work.
  • An active approach to improving processes and developing the use of systems
  • Strong written and oral communication skills.
  • Excellent analytical skills.