Finance Director

1 week ago


Glasgow, Glasgow City, United Kingdom IDEX Consulting Ltd Full time £75,000

Job Description This well invested, and prominent Glasgow based commercial insurance broking organisation have a brilliant platform to execute their significant growth plan over the next 5-7 years and have an opening for you to join them to help define, implement and drive the finance strategy for the business.

The firm have undertaken a recent management restructure to prepare them for their next phase of organic and acquisition growth with a longer-term exit planned which will see you reap a significant reward moving forward.

Reporting directly to the CEO, you'll work on a hybrid basis with 2 days pw in the Glasgow offices and 3 days from home with a varied remit including the day-to-day leadership of the finance function with strategic work encompassing acquisition planning and negotiations and relationship management of PE backers.

Take responsibility (either directly or via staff) for all cash management, investments, insurance, budgeting, and financial reporting, and help drive the company's financial strategy
Ensure cash flow is compatible with operations by overseeing day-to-day accounting, recording, reporting, and internal-control activities of the organisation
Develop and implement best practices and tools to ensure a well-controlled yet flexible organisation that has strong fiscal management, project coordination, cross-team communications, and workflows

Working with CEO to develop budget proposals and provide access to project finance information
Managing the finance team on a day-to-day basis

all reconciliations are maintained and up to date and fully investigate and correct any issue that arise out of those reconciliations in a timely manner.

the collection of debts from clients
monthly payroll and payables to suppliers and administering the Xero accounting system

in ensuring that the company operates all compliance processes as required by a FCA registered business and that all financial reporting to regulators such as FCA are completed and submitted correctly and on time.

with external agencies such as HMRC, Banks, Broker Network, lawyers, investors
as a member of the risk committee reviewing and approving all contracts and agreements for the business and considering complaints and agreeing outcomes from investigations

Understanding of advanced accounting, regulatory issues, and tax planning


Be aware of the contents of the company's Guides to Best Practice and ensure a full understanding of those relevant to the role.

Ensure compliance to the company's employment policies and procedures as contained within the Employee Handbook.
Ensure compliance with the Individual Conduct rules and Conduct policies.
Perform regular file and sales audits.
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