Financial Controller

Financial Controller : c£45,000 - Newport

A rapidly expanding construction company in Newport is looking to recruit a 'hands on', experienced Financial Controller to manage and control our client's financial operations as the business continues to grow.

This is a key position in the business and reports to the Managing Director. There are currently two Accounts staff that will report to the Financial Controller.

Responsibilities include:

Finances

• Ensure that the business accounting records are maintained daily and that all control accounts are reconciled.
• Ensure that all customer accounts are received to agreed terms.
• Ensure that all supplier invoices are paid to agreed terms.
• Prepare the annual forecasts.
• Prepare monthly management accounts, reporting against the forecasts and analysing variances.
• Prepare monthly cost reports for the current projects, reporting on costs to date against project forecasts.
• Prepare other management information as requested to support the Directors and the other staff.
• Work with the company's Accountants to ensure the annual accounts are prepared promptly.

VAT

• Prepare and submit the monthly VAT returns.
• Deal with any VAT issues that may arise.

Payroll

• Working with the Accountant's payroll bureau ensure that the staff payroll (paid monthly) is processed on time and that all staff changes are notified in a timely fashion.
• Ensure that the net salaries, HMRC and pension payments are made each month.
• Ensure that all pension obligations are completed in a timely fashion.

CIS

• Ensure that all CIS returns are completed and processed on time.
• Ensure that new subcontractors are correctly registered before payment of invoices.

Board meetings

• Prepare management information packs for the Directors.
• Attend the monthly Board meetings (normally held the 3rd week of the month).

Insurances

• Administrate the company's insurances to ensure adequate cover is maintained.
• Negotiate best possible terms on renewals.
• Administrate any claims arising.

IT systems

• Work with the company's contractor to ensure the IT and telecom systems are maintained and that hardware and software updates are applied in a timely fashion.
• Ensure that those systems are being used efficiently and cost effectively.
• Administrate the mobile and data contracts.

General

• Perform any other duty specifically and reasonably designated by the Managing Director as being properly the responsibility of the Financial Controller.

Specific projects

• To ensure that the forecasts are achievable a review of the working capital requirement of the company is currently being undertaken by the Directors and the company's Accountants. This review is a priority and the Financial Controller is seen as a key person in this process and is expected to have a significant input.

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