Head of Finance

4 weeks ago


Brighton, Brighton and Hove, United Kingdom Grafton Banks Finance Ltd Full time

Job Title: Head of Finance at a successful SME organisation

Company: Grafton Banks Finance

Grafton Banks Finance is collaborating with a thriving SME organization based in Brighton, East Sussex, to enlist a Head of Finance on a full-time permanent basis. In this role, you will report to the COO and CEO, taking charge of overseeing the company's financial and operational functions on a day-to-day basis. Your responsibilities will include providing timely management information, enhancing financial awareness, and ensuring a robust control environment.

Duties and Responsibilities:

  • Collaborate closely with the COO/Deputy CEO to enhance financial effectiveness, boost the financial sustainability of the organization, and pinpoint opportunities for increased profitability.
  • Assist the COO/Deputy CEO in the budgeting process, prepare financial reports for Board meetings, such as monthly management accounts and cash flows, and offer support with schedules and variance analysis.
  • Assist the Trustees and Executive team as necessary in evaluating financial performance and conducting strategic analysis to mitigate financial risks.
  • Provide precise and timely budgetary, accounting, and financial guidance to budget holders in adherence to legislation and professional standards.
  • Offer decision support and analysis to the Executive team through financial modeling, contract assessment, and commercial analysis.
  • Maintain the organization's accounting system to ensure accurate and up-to-date records.
  • Strategically oversee the preparation and audit of annual Financial Statements, including supporting schedules and reconciliation of significant P&L and balance sheet items.
  • Supervise treasury and cash flow management, emphasizing the timeliness of cash inflows.
  • Ensure the financial relationship between the Trust and its trading subsidiary complies with regulations and is optimized, developing procedures and processes to bolster trading activities.
  • Complete all statutory returns and routine reports accurately and punctually, in alignment with financial laws, regulations, and obligations.
  • Handle tax matters like VAT, compute relevant taxes accurately, and ensure timely payments.
  • Manage key external relationships with bankers, auditors, legal advisors, and tax consultants.
  • Effectively supervise two direct reports, coordinate training needs, and implement efficient planning and workflow strategies to maintain high standards of technical competence and professional service throughout the organization.
  • Take overall responsibility for various aspects of the finance department, covering cash management, bank reconciliations, credit control, and supplier payments.
  • Prepare and post monthly accounting entries, including journals, accruals, prepayments, and similar items.
  • Communicate with the Payroll Department to ensure accurate posting of monthly figures to the nominal ledger.
  • Identify risks to project delivery continuously and recommend solutions where required.

The ideal candidate will possess former charity experience in a Senior Finance role, demonstrated leadership skills, excellent communication abilities, and proficiency in IT, including Advanced Excel and Accounting Software knowledge. This full-time permanent position offers a competitive salary and benefits package.


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