Financial Controller
- Recruiter
- Inex Associates Limited
- Location
- Rotherham
- Salary
- 40000.00 GBP Annual
- Posted
- 26 Apr 2017
- Closes
- 04 May 2017
- Sectors
- Accountancy
- Contract Type
- Contract
- Hours
- Full Time
ROLE PROFILE - FINANCIAL CONTROLLER (MATERNITY COVER)
Department: FINANCE
Reports To: FINANCIAL CONTROLLER
Salary: cGBP40k
Hours of Work: Mon-Fri 9-5.30, 1 hour lunch
Scope/Size of Role: No direct reports
Location: Manvers, Rotherham
Main Function: The purpose of this role is to manage all aspects of treasury, taxation, statutory accounts / company secretarial / co-ordination of external audits, annual insurance renewal and employment taxes that are not covered by the Payroll team (principally completion of an annual PSA declaration). In addition, the role involves the preparation of sections of the 4 eekly management accounts, including holding company accounts, consolidation of the Far East sourcing businesses, and calculation of exchange gains / losses. The role is the key point of contact with the banks / system administrator.
Key Responsibilities:
List the work duties / key activities in order of importance. Use action words to describe the responsibilities.
- Calculating the daily draw required against a Revolving Credit Facility. This involves forecasting cash requirements based on knowledge of payments due / previous run rates
- Preparation of weekly cash report for the Directors & owners, covering a rolling 12 weeks & including actual vs forecast analysis for the previous week
- Preparation of 4 weekly holding company and Far East accounts
- Calculation of exchange gains / losses every four weeks
- Review of 4 weekly bank reconciliations
- Ensuring the company maintains its fiscal reporting requirements including all aspects of UK and ROI Corporation Tax and VAT;
- Ownership of other taxation areas such as annual PSA return;
- Key responsibilities for year-end reporting, including preparation & review of balance sheet reconciliations, preparation of internal year end finance packs and group consolidation, as well as drafting year end statutory accounts
- Liaison with internal and external audit and external tax advisors;
- Input into annual insurance renewal, including completion of renewal questionnaire; and
- Key point of contact for the banks
- Responsibility for foreign currency, inc placing the deals required to adhere to the hedging policy of the business
Skills:
- The role would suit a qualified accountant, with strong financial accounting skills combined with a good level of commercial acumen.
- Excellent excel skills are essential,
- The ability to communicate with non-financial managers (written and verbal).
- An interest in, and understanding of, business issues, and the ability to advise management of insurance / VAT / Tax / Reporting implications.
- An ability to work to strict deadlines ensuring appropriate systems are in place to manage payments within specified timescales
- An ability to plan effectively for year end CT / Group audit requirements
- A sound understanding of drivers of cash flow, the ability to forecast, and developing robust daily, weekly and period end procedures
- An appreciation of the information required to enable optimal cash management
- Accuracy and attention to detail with an ability to critically review work and identify any issues
- Strong financial accounting skills (double entry) with a sound technical knowledge
- Experience of foreign currency management / calculation of exchange gains and losses
- A sound knowledge and understanding of current Tax legislation, Companies Act & Financial Reporting Standards, with an ability to interpret and communicate implications to senior management
Education / Experience: Accounting qualification is preferable. Candidates without a qualification would need to demonstrate sufficient experience in similar roles. Experience of corporation tax and VAT strongly preferable. Experience of working in medium / large sized business is preferable. Up to date knowledge of accounting / taxation issues
Behaviours:
- Professional, clear & concise communication with third parties (banks / HMRC / external advisors / owners)
- Ability to work in a fast paced environment
- Ability to deal with complexity
- Ability to summarise issues appropriately for owners / third parties
- Verbal communication with finance / non finance colleagues
- Ability to critically assess current methodology, identifying ways of improving current processes
-
Any Special Requirements:
Department: FINANCE
Reports To: FINANCIAL CONTROLLER
Salary: cGBP40k
Hours of Work: Mon-Fri 9-5.30, 1 hour lunch
Scope/Size of Role: No direct reports
Location: Manvers, Rotherham
Main Function: The purpose of this role is to manage all aspects of treasury, taxation, statutory accounts / company secretarial / co-ordination of external audits, annual insurance renewal and employment taxes that are not covered by the Payroll team (principally completion of an annual PSA declaration). In addition, the role involves the preparation of sections of the 4 eekly management accounts, including holding company accounts, consolidation of the Far East sourcing businesses, and calculation of exchange gains / losses. The role is the key point of contact with the banks / system administrator.
Key Responsibilities:
List the work duties / key activities in order of importance. Use action words to describe the responsibilities.
- Calculating the daily draw required against a Revolving Credit Facility. This involves forecasting cash requirements based on knowledge of payments due / previous run rates
- Preparation of weekly cash report for the Directors & owners, covering a rolling 12 weeks & including actual vs forecast analysis for the previous week
- Preparation of 4 weekly holding company and Far East accounts
- Calculation of exchange gains / losses every four weeks
- Review of 4 weekly bank reconciliations
- Ensuring the company maintains its fiscal reporting requirements including all aspects of UK and ROI Corporation Tax and VAT;
- Ownership of other taxation areas such as annual PSA return;
- Key responsibilities for year-end reporting, including preparation & review of balance sheet reconciliations, preparation of internal year end finance packs and group consolidation, as well as drafting year end statutory accounts
- Liaison with internal and external audit and external tax advisors;
- Input into annual insurance renewal, including completion of renewal questionnaire; and
- Key point of contact for the banks
- Responsibility for foreign currency, inc placing the deals required to adhere to the hedging policy of the business
Skills:
- The role would suit a qualified accountant, with strong financial accounting skills combined with a good level of commercial acumen.
- Excellent excel skills are essential,
- The ability to communicate with non-financial managers (written and verbal).
- An interest in, and understanding of, business issues, and the ability to advise management of insurance / VAT / Tax / Reporting implications.
- An ability to work to strict deadlines ensuring appropriate systems are in place to manage payments within specified timescales
- An ability to plan effectively for year end CT / Group audit requirements
- A sound understanding of drivers of cash flow, the ability to forecast, and developing robust daily, weekly and period end procedures
- An appreciation of the information required to enable optimal cash management
- Accuracy and attention to detail with an ability to critically review work and identify any issues
- Strong financial accounting skills (double entry) with a sound technical knowledge
- Experience of foreign currency management / calculation of exchange gains and losses
- A sound knowledge and understanding of current Tax legislation, Companies Act & Financial Reporting Standards, with an ability to interpret and communicate implications to senior management
Education / Experience: Accounting qualification is preferable. Candidates without a qualification would need to demonstrate sufficient experience in similar roles. Experience of corporation tax and VAT strongly preferable. Experience of working in medium / large sized business is preferable. Up to date knowledge of accounting / taxation issues
Behaviours:
- Professional, clear & concise communication with third parties (banks / HMRC / external advisors / owners)
- Ability to work in a fast paced environment
- Ability to deal with complexity
- Ability to summarise issues appropriately for owners / third parties
- Verbal communication with finance / non finance colleagues
- Ability to critically assess current methodology, identifying ways of improving current processes
-
Any Special Requirements: